Question to the HM Treasury:

To ask Her Majesty's Government what steps they are taking to develop long-term COVID-19 recovery plans for businesses which (1) stimulate demand, and (2) address any increase in unemployment. [T]

The Government has announced unprecedented support for business and workers to protect them against the current economic emergency including around £300 billion of guarantees – equivalent to 15% of UK GDP. As the Prime Minister set out in his statement in Parliament on 11 May, the Government’s economic strategy will be closely coordinated with the public health strategy to ensure a safe return to economic activity. The Government’s COVID-19 recovery strategy is set out on gov.uk.