Economy Update Debate

Full Debate: Read Full Debate
Department: HM Treasury

Economy Update

Sarah Owen Excerpts
Wednesday 16th June 2021

(3 years, 5 months ago)

Commons Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Steve Barclay Portrait Steve Barclay
- View Speech - Hansard - - - Excerpts

I agree with my hon. Friend that the plan for jobs is working. We see that in the furlough data from the end of April, which is the last set of data that we have. There were 3.4 million people on furlough—down from a peak of 8.7 million—which shows the effectiveness of that. Output grew by 2.3% in April, and there was growth of 2.1% in March. Again, one can see the trajectory and the improvement there. Indeed, GDP data so far through 2021 has come out above the Office for Budget Responsibility forecast. There is still much work to do, but my hon. Friend can take comfort from the trajectory, which shows that the plan is indeed working.

Sarah Owen Portrait Sarah Owen (Luton North) (Lab)
- View Speech - Hansard - -

At the weekend, I visited Tip Top Linen Services in Luton North, which is a fantastic part of the local hospitality supply chain, with its roots committed to the community and an ethical ethos to be proud of, but the Government’s abject failure means that many of the company’s clients now cannot reopen for at least another four weeks. What does the Chief Secretary say to this and other brilliant but forgotten firms, which have taken a hit yet again because of his Government’s failure to contain this dangerous new variant and to recognise that the hospitality sector is not just hotels and restaurants?

Steve Barclay Portrait Steve Barclay
- View Speech - Hansard - - - Excerpts

I do not accept that. Looking at the vaccine programme that the UK has had thanks to the huge efforts of our NHS, volunteers and so many people in communities up and down the country, I would not characterise it as an abject failure. Actually, our deployment of vaccines is the envy of many countries, and it is key to the road map.

For Tip Top Linen Services, and businesses across the United Kingdom, we have provided a comprehensive package of support, as I set out in a number of responses. That is key to those important businesses being able to bounce back as the road map moves to step 4.