The Economy Debate

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Department: HM Treasury
Monday 27th April 2020

(3 years, 11 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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For as long as I have known my hon. Friend he has been an incredible advocate for the small tourism businesses in his constituency, which are a big driver of his local economy. I assure him that I will continue to keep a very close eye on the situation. As we think about exiting from the economic and social restrictions, I will look at the right interventions for every sector.

Stephanie Peacock Portrait Stephanie Peacock (Barnsley East) (Lab) [V]
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New research conducted by the Centre For Towns has found that one in three ex-industrial towns are among the most economically at risk from covid-19. Worsbrough in my constituency is the 10th most at-risk town. What plans does the Treasury have to help areas like mine in Barnsley to cope with this crisis and then recover from it?

Rishi Sunak Portrait Rishi Sunak
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The significant economic interventions that we have put in place will help every part of the country, whether north or south, rural or urban—that is what they are designed to do. Businesses in the hon. Lady’s constituency will benefit from all the schemes. More broadly, the Budget set out an ambitious programme of investment in our regions to ensure that opportunity is felt wherever in this country someone happens to live. We remain incredibly committed to that agenda.