Covid-19: Economy Update Debate

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Department: HM Treasury

Covid-19: Economy Update

Scott Benton Excerpts
Thursday 22nd October 2020

(3 years, 6 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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The Government do not agree with the universal basic income. It would not be right to provide money to millions of people who have absolutely no need of it; that would just detract our resources, which are targeted on those in most need, as has been our approach throughout the crisis.

With regard to universal credit and welfare, the Government believe that the best way to help people is to provide them with work and opportunity. That is why all our efforts are targeted on providing that support to protect as many jobs as possible while recognising that we cannot protect every single job. That is why we have also strengthened our safety net, with billions invested in universal credit and local housing allowance and, crucially, funding provided for new opportunities through training and apprenticeships to help people find fresh opportunity and a brighter future.

Scott Benton Portrait Scott Benton (Blackpool South) (Con)
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Although I welcome the Chancellor’s statement, the imposition of tier 3 restrictions in Lancashire will inevitably mean that many of my constituents will be significantly worse off. While the additional funding for Lancashire, including the £42 million package, is welcome, there will still be far too many businesses who cannot access the Chancellor’s direct support. Hundreds of hotels in my constituency stand to lose thousands in lost bookings, but, because they have not been mandated to close, they will not be entitled to the additional support packages. Will he take steps to ensure that businesses such as small hotels, which are completely unviable under tier 3 restrictions, can access grants and the extended job support scheme?