Commons Sense

House of Commons · General Debate

Economic Update

08 July 2020 · 122 other contributors

Opened by Rishi Sunak Con Richmond and Northallerton

Summarised by AI from the official record, so it can contain mistakes.

At a glance

Rishi Sunak raised concerns about economic update in the House of Commons. A government minister responded. Other MPs also contributed.

Key points

  • The Prime Minister's plan for jobs includes a 160 billion economic response with various support measures for businesses and employment.
  • The plan focuses on job creation through infrastructure investment and green initiatives, such as the 2 billion Green Homes Grant scheme.
  • The plan also includes reducing VAT on hospitality services to 5% and cutting stamp duty up to 500,000.

How the debate unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said.

Opened the debate

Rishi Sunak Con Richmond and Northallerton

The Prime Minister's plan for jobs aims to protect, support and create employment opportunities across the UK. It includes a £160 billion economic response with job retention schemes, self-employment grants, tax cuts, loans, and direct cash assistance for businesses. The second phase focuses on job creation through infrastructure investment, green initiatives like the £2 billion Green Homes Grant scheme, reducing VAT on hospitality services to 5%, cutting stamp duty up to £500,000, and a unique 'Eat Out To Help Out' discount during August.

Other contributors (122)
  • Rishi Sunak Con Richmond and Northallerton

    He outlined the new jobs retention bonus scheme rewarding employers for rehiring furloughed workers, a kick-start programme creating hundreds of thousands of new jobs for young people at risk of long-term unemployment, doubling work coaches to support job seekers on universal credit, tripling places in sector-based work academies, funding apprenticeships and traineeships, expanding the rapid response service, extending the flexible support fund, and increasing investment in infrastructure and green initiatives.

  • Lindsay Hoyle Speaker Chorley

    Informed Members that at the end of questions on this statement, the Chancellor of the Exchequer will move a provisional collection of taxes resolution. Copies of the resolution are available in the Vote Office.

  • Anneliese Dodds Lab Co-op Oxford East

    Our country has been through a great deal over these past few months. Hundreds of thousands have wrestled with this terrible disease. For many months, people have had to go without being able to embrace their loved ones or even to say goodbye. Tens of thousands have died. Our NHS, social care and other workers had made extraordinary sacrifices. We owe them so much. The Government have had to take big decisions, too—we acknowledge that—but today should have been the day when our Government chose to build a bridge between what has been done so far and what needs to be done to get our economy moving again. It should have been the day when the millions of British people worried about their jobs and future prospects had a load taken off their shoulders. It should have been the day when we got the UK economy firing again. Today, Britain should have had a back-to-work Budget; but instead we got this summer statement, with many of the big decisions put off until later, as those on the Government Benches know full well. Labour is a constructive Opposition during this time of crisis. We will not criticise for criticism’s sake. But when the Government fall short we will speak up, and the blunt truth is that we have one of the highest death rates in the world and among the deepest economic damage in the industrialised world from coronavirus. So the very first thing the Chancellor must do is prevent additional economic damage due to the slow public health response of his Government. As we have seen throughout this crisis, the failure to match soaring rhetoric with meaningful action has consequences for people across our country. Despite all their talk, the Government have failed to create a fully functioning test, track and isolate system. That has damaged public confidence and, in turn, harmed consumer demand. Despite all their talk, the Government have failed to produce a clear system for local lockdowns. The lack of timely information sharing has led, as we all know, to the imposition of an additional wide-scale lockdown in Leicester. The Government’s contracts with outsourcing firms amount to almost £3 billion, but we still have not got test, track and isolate working properly in the UK, as it is in many other countries, and the Government still have not got a grip on the low value and limited scope of sick pay, risking people’s ability to self-isolate. Fear is corrosive. Fear is hurting our economy. The Government have got to get this right. Of course, we welcome the Government’s announcement today of targeted VAT cuts on hospitality and tourism and of vouchers to be used in restaurants. Local businesses desperately need that support, and so many low and middle-income people in particular really need help right now. That is why we have repeatedly called for social security to better meet their needs and prevent people risking losing their homes. If delivered properly, these measures should help. But the Chancellor himself said, when interviewed on “The Andrew Marr Show”, that the best the Government can do to boost demand is to give consumers and workers the confidence and psychological security that they can go out to work, to shop and to socialise in safety. So please, Chancellor, work with your colleagues so our public health response catches up with that operating in other countries. The Prime Minister asked, what have I been doing about that? My party has been repeatedly suggesting solutions to the public health problems facing our country, and we need to adopt them in the UK before this crisis becomes even more severe. Now the Government must act not just to deal with unemployment as a symptom, but also with its cause. Research reported this week in the “Telegraph” indicates that British workers have already been the biggest casualty in the global jobs cuts. It showed that while jobs markets in many other countries have already fully recovered, in Britain it could take comparatively much, much longer for vacancy levels to return to normal. The levels of unemployment that this country saw in the past were not just an economic waste; they ruined lives. We are seeing the same impacts again—the same devastated high streets and communities robbed of their pride and purpose. Of course the re-employment bonus announced by the Chancellor is necessary, not least because his Government refused to put conditions on the use of those funds related to employment. But, first, how can he ensure that that money will not just go to those employers who were already planning to bring people back into work and, secondly, what will he do for those firms that lack the cash flow to be able to operate even with that bonus? Related to that, the Chancellor still needs to abandon his one-size-fits-all approach to withdrawing the job retention and self-employed schemes. No one is saying that those schemes should stay as they are indefinitely; the Opposition have never said that, but we have said that the money spent on the job retention scheme must not serve merely to postpone unemployment. The scheme must live up to its name, supporting employment in industries that are viable in the long term. We also need a strategy for the scheme to become more flexible so that it can support those businesses forced to close again because of additional localised lockdowns. There is still time to avoid additional floods of redundancy notices. It is the Government’s duty to help Britain through this and stop employment reaching mass levels again. We need action to ensure the support needed for key sectors of our economy—for our small and medium-sized enterprises and our manufacturers. While we of course welcome the long-overdue arts and culture package, we still have not heard the Government’s plans for other sectors. Many of us expected to hear them today, but we have not. The Project Birch process has been slow, tortuous and opaque. Large parts of industrial Britain need help to get through this—to keep their employees in jobs and keep their suppliers in jobs. Meanwhile, it appears that there will be no solutions for SMEs who cannot take on additional debt until the autumn. This risks many SMEs going to the wall. Until now, the Chancellor has described a targeted, sectoral approach as the Treasury “picking winners”, but the necessary public health measures have created losers. As the Chancellor himself said just now, the Government required many businesses to shut down to prevent the spread of this disease. Supporting businesses that are viable in the long run but currently starved of cash flow is not a matter of “picking winners”: it is about protecting our country’s economic capacity for the future. Failure to do so—to make the job retention and self-employed schemes more targeted and focused and to support viable businesses—is driving up unemployment in this country. The claimant count is on course to top 3 million people in June—the highest number since the previous record in 1986. This is the Chancellor’s record, and one that cannot and must not be worsened. Where unemployment arises as a symptom of economic damage, more must be done to help. Labour repeatedly called for the Government to match the ambitions of Labour’s future jobs fund and Welsh Labour’s Jobs Growth Wales programme, and finally the Government have come forward with a scheme apparently modelled on them—the kick-start scheme. The Conservatives cancelled the future jobs fund, of course, and it has taken almost 10 years for them to catch up. As with their belated adoption of our call for “jobs, jobs, jobs”, perhaps this gives a new meaning to the phrase “Project Speed”. We now need to make sure that the kick-start scheme provides genuinely additional opportunities for young unemployed people. The Government must also recognise the specific challenges faced by older jobseekers, many of whom are becoming unemployed for the first time, and those based in especially hard-hit places. Reimposing sanctions now is punitive and counter- productive when jobseekers need support. We must be ambitious for the future of our country’s economy. Our ambition should not just be to build our way out of this but to do so in a greener and cleaner way. For this, we need more than the reheated announcements by the Prime Minister last week. Of course the investment announced was welcome, not least because much of it was already committed to by the Government. However, core elements are missing. For example, £50 million to support retrofitting in social homes is just a seventh of what the Conservatives said they would be spending every year. The muddled confusions over stamp duty over the past 48 hours reflect a broader lack of strategy when it comes to house building, particularly for genuinely affordable and social homes. Overall, the UK’s green investment package barely touches the sides of other countries’ commitments. Even with what was announced today, it only equates to just over the value of Germany’s investment in one green technology alone—hydrogen. The Committee on Climate Change has indicated how far behind the UK is in the race to decarbonise. Failure to heed its recommendations is not only damaging to our planet, but it also cuts us out of leading the development of the key technologies of the future. The Conservatives are still refusing to impose conditions on investment to ensure that it contributes to the goal of net zero and that it supports local jobs, uses local firms, leads to sustainable skilled employment in local areas and prevents the use of tax havens and other forms of asset stripping. If the Chancellor really wants to “build back better”, he must prevent a rerun of the past. From 2010 onwards, we have seen how families’ resilience has been eroded. We entered this crisis with a quarter of families lacking even £100 in savings. In a typical classroom of 30, nine children are growing up in poverty, and our economy is the most regionally unequal in Europe. Our local authorities continue to be cut to the bone, with many standing on the brink of bankruptcy as we speak, and rather than the promise that our NHS and social care services would get whatever they needed this winter—to weather a potential second wave—those words were conspicuously absent from the Chancellor’s speech just now. Politicians in this House have gone out on our doorsteps to clap key workers, while the lowest paid have struggled to keep a roof over their heads. We must have a new settlement for the future: an end to poverty pay for our social care workers and those who clean our hospitals and deliver our groceries. We want a recognition of the value of the work of those who have been taken for granted for far too long. There were some initial press reports that the Government were due to announce generalised tax increases or cuts to services this autumn, which were contradicted by the Prime Minister, who rejected whatever had apparently been briefed out by the Treasury—that has happened quite a few times. I say to the Government that, if they do increase taxes during the recovery and cut back on the public services that we all rely on, it will damage demand and inhibit our recovery. Labour is not calling for tax rises. We are calling for growth. The Tory manifesto committed to no rises in income tax, national insurance or VAT, and therefore it is for the Conservatives to set out how any additional spending will be paid for. It is the Chancellor’s job to ensure that the economy bounces back from this crisis, so that there is money in the coffers to protect the public finances. Last week, the Chancellor’s colleague, the Prime Minister, tried to claim the mantle of FDR—as we all know. Perhaps now we know why he went for Roosevelt. It is because this week the Prime Minister blamed carers for the failings in the system that his Government had underfunded for the past decades. Now we know why he went for Roosevelt. It is because the last thing that his Government would have wanted was the sign on the desk of Harry Truman, the successor to Roosevelt, which said, “The buck stops here.” If this Government had a sign, it would probably say, “The buck stops anywhere but here”. But they cannot escape their responsibilities: to govern is to choose. It is to choose to finally sort out test, track and isolate, to prevent unnecessary additional unemployment and to build the green jobs of the future. This is a moment when our country needs its Government to help Britain through.

  • Mel Stride Con Central Devon

    Welcomed Rishi Sunak's plan for jobs, highlighting the issue of corporate debt that many small and medium-sized enterprises will face post-crisis. Asked about specific solutions to support businesses in investing in jobs and growth instead of focusing on de-leveraging.

  • Rishi Sunak Con Richmond and Northallerton

    Thanked Mel Stride for his support and highlighted that while corporate indebtedness levels were low when entering the crisis, this could become a drag on recovery. Mentioned looking at proposals from various sources to address the issue of leverage.

  • Alison Thewliss SNP Glasgow Central

    The Chancellor's budget statement was heavily redacted and not useful. Supports job support schemes but urges the Chancellor to be more ambitious with stimulus plans, calling for at least £80 billion in new investment, equivalent to Germany's package. Urges the UK Government to devolve financial powers to Scotland so that it can tailor its response to the crisis. Highlights concerns about proposed withdrawal of job support schemes prematurely and calls for continuation and extension of them. Expresses concern over child poverty rising to 5.2 million by 2022, urging a £20 per week increase in universal credit's child element. Questions whether sanctions will be applied to those who do not take up the proposed plan and if it is open to those currently not on universal credit.

  • Rishi Sunak Con Richmond and Northallerton

    Responds to Alison Thewliss's questions, confirming that OBR will do final costings for the policies soon after which the block grant adjustment will be done. Confirms £4.6 billion in Barnett funding for Scotland due to interventions through the crisis. Explains inclusion of different businesses in VAT cut via existing legislation and publication of guidance tomorrow. Emphasises on future investment by tripling investment from last four decades, introducing a payment of £1,500 per apprentice taken on by employers for those over 25 years old. Announces measures such as the jobs retention bonus, kick-start scheme, VAT cut, and 'eat out to help out' discount all benefiting UK economy.

  • Peter Bottomley Con Basingstoke

    Welcomed the positive approach of the Chancellor, advocating for an economically and environmentally sustainable recovery. Raised concerns about those excluded from support schemes, such as leaseholders affected by proposed regulations allowing additional floors on blocks of flats.

  • Edward Davey Lib Dem Kingston and Surbiton

    Critiqued the Chancellor's green recovery ambition for being too small compared to European countries like Germany and France, urging for a larger investment in home insulation and job creation.

  • Praised the Chancellor’s actions but urged him to set out new fiscal rules in his autumn Budget to ensure debt control over time.

  • Sammy Wilson DUP East Antrim

    Welcomed the measures and highlighted the importance of protecting Northern Ireland's aerospace and aviation sectors, urging for more action on these areas.

  • Laura Trott Con Sevenoaks

    Supported bold demand-side measures such as “eat out to help out” and VAT cut over extending the furlough scheme indefinitely.

  • Expressed cautious welcome for youth employment schemes, urged Chancellor to introduce a windfall profit tax for green apprenticeship schemes, and highlighted the need for support of further education colleges.

  • Richard Holden Con Basildon and Billericay

    Emphasised that constituents welcome measures protecting jobs and supporting young people, highlighting VAT cuts and bonus for employers hiring young people.

  • Called attention to the 3 million people excluded from Government support, urging Chancellor to revisit providing assistance to those on zero-hours contracts or self-employed.

  • Saqib Bhatti Con Meriden

    My constituents in Meriden are very environmentally focused and will welcome the green homes grant. It is about not just protecting the environment but creating jobs and giving the greatest benefit to those households on the lowest incomes.

  • Rishi Sunak Con Richmond and Northallerton

    The Chancellor supports the green homes grant, which provides up to £10,000 grants for low-income households. The policy aims to create local employment, save money on bills, and cut carbon emissions.

  • Nick Smith Lab Blaenau Gwent

    To boost employment in Blaenau Gwent, the proposal is to redouble the Ebbw Vale train line with improved signalling and bridging works. The Welsh Government has a business plan; will the Chancellor commit to providing investment for jobs?

  • Rishi Sunak Con Richmond and Northallerton

    The Chancellor is happy to look at Nick Smith's proposal, and he will discuss it with the Transport Secretary.

  • Asks for a review of taxes, subsidies, and public procurement regulations so that they can be amended to allow Britain to grow more food, process more fish, generate power and supply things needed by health service and Ministry of Defence better in Britain.

  • Rishi Sunak Con Richmond and Northallerton

    The Chancellor supports reviewing procurement rules post-Brexit to ensure supporting the local economy and creating jobs, which is vital today.

  • Asks if doubling of work coaches will be new posts or redeployments. Also asks if jobcentre closure programme will be suspended and if terms and conditions package will be built to attract staff given high turnover in DWP.

  • Rishi Sunak Con Richmond and Northallerton

    The Chancellor is investing an extra £1 billion in the DWP this year to double work coaches from 13,500, with recruitment already under way. The jobcentre closure programme will be assessed based on his announcements.

  • Bernard Jenkin Con Harwich and North Essex

    Thanking the Chancellor for support to self-employed people and those remunerating through dividends, highlighting help for hospitality sector in coastal communities like Harwich.

  • Rishi Sunak Con Richmond and Northallerton

    The Chancellor appreciates Bernard Jenkin's support, emphasising importance of enjoying summer safely and supporting industries vital to areas less resilient than others.

  • Barry Gardiner Lab Brent West

    Expresses disappointment at the disparity between promised grants and reality for hospitality businesses in Brent. Asks Chancellor to back announcements with real cash this time.

  • Rishi Sunak Con Richmond and Northallerton

    Responds that over £10 billion has been deployed through business rates grants targeting retail, hospitality, and leisure sectors across the country.

  • Rachel Hopkins Lab Luton South and South Bedfordshire

    Highlights dependency of businesses on Luton airport passengers for support. Asks if detailed equality impact assessments have been done considering BAME backgrounds in affected employees.

  • Rishi Sunak Con Richmond and Northallerton

    Acknowledges the importance of addressing social justice issues by providing bold and decisive action to help sectors disproportionately affecting younger, BAME communities, women, part-time workers.

  • Asks Chancellor for support in rebuilding east midlands through an effective voice for area as a counterbalance to West Midlands. Emphasises importance of local leadership and recovery efforts.

  • Rishi Sunak Con Richmond and Northallerton

    The Chancellor encourages efforts for east midlands recovery, emphasising the role of local authorities in driving forward recovery one area at a time.

  • Highlights disproportionate suffering from health and economic effects among least well-off. Asks to ensure cost is borne by wealthier individuals with assets rather than poor and low-paid.

  • Rishi Sunak Con Richmond and Northallerton

    Responds that the Government has done more to tackle tax evasion and avoidance than any other Government in history, collecting hundreds of billions of pounds.

  • Thanks Chancellor for measures introduced during coronavirus crisis. Asks if generous new arts funding will be available for live events industry or further support might be announced soon.

  • Rishi Sunak Con Richmond and Northallerton

    The Culture Secretary is working on distributing the funds; Chancellor directs hon. Friend to him regarding precise question raised, emphasising benefits for local cultural institutions across communities.

  • Yvette Cooper Lab Pontefract, Castleford and Knottingley

    Welcomes reintroduction of future jobs fund and wider youth job guarantee measures. Asks if the scheme will be bigger due to crisis and from which month it will apply.

  • Peter Gibson Con Darlington

    Welcomed the Chancellor's initiatives for furloughed workers and unemployed young people in his constituency. He highlighted the bold changes to stamp duty as a key measure to unlock the housing market.

  • Catherine West Lab Hornsey and Friern Barnet

    Asked the Chancellor for an exact impact assessment of each funding pot, to ensure value for money, consider environmental impacts, and prevent corruption or fraud in the measures announced.

  • Tim Loughton Con East Worthing and Shoreham

    Welcomed hospitality industry measures but suggested adding a 'work out' aspect with gyms reopening. Raised concerns about perinatal mental illness among new parents and the need for support.

  • Paula Barker Lab Liverpool Wavertree

    Critiqued the Chancellor's failure to address social care funding inadequacies, highlighting the underfunding and market instability impacting the sector's ability to respond to crises.

  • David Evennett Con Bexleyheath and Crayford

    Supported the Chancellor's plans for young people including kick-start schemes, traineeships, and better career advice services. He emphasised these measures' importance in providing hope during a challenging economic period.

  • Kevan Jones Lab North Durham

    Critiqued the Chancellor's statement for not mentioning local government finance crisis. He called for a comprehensive settlement to prevent service cuts and job losses.

  • Maria Miller Con Basingstoke

    Asked about measures to build employer confidence in creating apprenticeships during difficult times, highlighting the positive impact of apprenticeships on young people's career prospects.

  • Darren Henry Lab Co-op Broxtowe

    Supported the green homes grant as a way to support microbusinesses and cut emissions. He emphasised the need to unleash economic activity through such measures.

  • Stella Creasy Lab Co-op Walthamstow

    Questioned about childcare funding, citing data on women's inability to return to work due to lack of childcare and voluntary sector agencies operating at a loss. She asked for clarity on support measures.

  • Gareth Bacon Con Orpington

    Praised the Chancellor’s efforts in safeguarding livelihoods and urged rejection of wealth tax proposals from the opposition, stressing focus on creating rather than plundering wealth.

  • Maria Eagle Lab Liverpool Garston

    Argues against withdrawing support from viable businesses due to health restrictions, citing examples in her constituency. Asks the Chancellor to change his approach and avoid a wave of redundancies.

  • Welcomes the Chancellor's announcements but urges for the opening of tourism-related businesses in Wales by no later than 19 July.

  • Expresses concern about local government revenue loss due to covid-19 and asks for a firm commitment on full funding support for councils in 2021 and 2022.

  • Encourages people to eat out to help the hospitality sector, particularly in Milton Keynes.

  • Emma Hardy Lab Kingston upon Hull West and Haltemprice

    Highlights the potential collapse of 13 universities due to covid-19 and asks for a commitment from the Chancellor to prevent university closures.

  • Welcomes the VAT cuts on food, accommodation and attractions and asks for continued support for tourism in his constituency.

  • Andrew Slaughter Lab Hammersmith and Chiswick

    Asks for support for the events industry which contributes £70 billion to the UK economy and calls for a timetable for reopening.

  • Praises the Chancellor's statement on apprenticeships, suggests raising public sector target for apprenticeships by 5%, and proposes procurement rules change.

  • Asks the Chancellor to take opportunity to reform procurement regulations to prioritise British-based companies and jobs from next year.

  • Chris Grayling Con Odiham

    Welcomes expansion of employment programmes, expresses concern about aerospace and aviation sectors, and asks for support measures including VAT reductions.

  • Caroline Lucas Green Brighton, Pavilion

    Critiques the Chancellor's green record and calls for cancellation of roads scheme to invest in public transport and broadband instead.

  • Congratulated Rishi Sunak on his statement and £30 billion jobs plan, thanked him for commitment to young people; asked about review of the kick-start scheme after initial six months.

  • Rishi Sunak Con Richmond and Northallerton

    Thanked Lucy Allan for her support; clarified that the kick-start programme will run longer than six months, starting bids in autumn with duration until end of next year.

  • Stephen Flynn SNP Aberdeen South

    Asked Rishi Sunak to deliver an oil and gas sector deal to protect jobs now while creating new sustainable jobs for Aberdeen's future, highlighting £350 billion contribution from Scotland’s oil and gas sector over the past decade.

  • Rishi Sunak Con Richmond and Northallerton

    Acknowledged difficulties in oil and gas sector; mentioned Barnett consequentials and interventions for crisis; committed to reviewing mechanisms for future support if needed.

  • Thanked the Chancellor for his statement and proposal on recapitalising SMEs; asked about infrastructure funding (£5.6 billion), how to deliver more quickly, whether through planning regulations or other means.

  • Rishi Sunak Con Richmond and Northallerton

    Acknowledged the importance of delivering projects quickly; introduced Project Speed to streamline procurement, planning, construction, and regulatory approval processes.

  • Asked about potential for raising £174 billion annually from wealth tax at same rate as income tax, citing Richard Murphy's opinion; questioned whether time is right for radical overhaul of taxation system to fulfill 'levelling-up' promise.

  • Rishi Sunak Con Richmond and Northallerton

    Rejected idea of wealth tax; focused on providing hope and opportunity for young people at risk due to economic impact of coronavirus through kick-start programme, traineeships, apprenticeships.

  • Congratulated Chancellor on statement; highlighted risks faced by young people during pandemic; praised introduction of kick-start programme and need for comprehensive support for apprenticeships and traineeships.

  • Rishi Sunak Con Richmond and Northallerton

    Agreed with Andrew Jones on importance of supporting young people to acquire skills needed for future opportunities, including kick-start programme, traineeships, apprenticeships.

  • Jessica Morden Lab Newport East

    Cited StepChange Debt Charity report showing 4.5 million lost income and £6 billion debt in arrears; asked Chancellor to ensure economic recovery plans include strategy to support those in coronavirus-related financial difficulties.

  • Rishi Sunak Con Richmond and Northallerton

    Acknowledged Financial Secretary's work on debt advisory services (£37 million investment); mentioned ongoing efforts with breathing space initiative to address financial difficulties.

  • Richard Fuller Con North Bedfordshire

    Complimented Chancellor's approach and tone of statement; echoed comments about need for sustainability in public finances as economy recovers from fall.

  • Rishi Sunak Con Richmond and Northallerton

    Acknowledged Richard Fuller’s comments on importance of values-driven policies and commitment to sustainable public finances; assured future focus on balancing economic recovery with financial sustainability.

  • Darren Jones Lab Bristol North West

    Critiqued Chancellor for lack of sector-specific help for British manufacturers, questioning why there's no support comparable to Germany, France and the US; challenged Sunak about opposition to supporting manufacturing sectors.

  • Rishi Sunak Con Richmond and Northallerton

    Clarified that support schemes benefited all sectors equally; highlighted use of furlough scheme by manufacturers for protecting jobs during recovery period; mentioned plans to double research and development investment.

  • Complimented Chancellor on job protection efforts; emphasised importance of green recovery through COP26, suggesting international collaboration in areas like battery storage, offshore wind, carbon capture for future green jobs.

  • Rishi Sunak Con Richmond and Northallerton

    Acknowledged Andrea Leadsom's point on global leadership opportunities; committed to working closely with international partners in finance track led by Mark Carney; mentioned leading world in developing technologies like offshore wind and carbon capture.

  • Brendan O'Hara SNP Argyll, Bute and South Lochaber

    Welcomed the temporary reduction in VAT but criticised it for not being sufficient to help tourism and hospitality businesses. Suggested an extension of furlough and access to grants.

  • Rishi Sunak Con Richmond and Northallerton

    Defended against the suggestion of extending furlough, highlighted provision of £10,000 or £25,000 grants for businesses in retail, hospitality, and tourism. Mentioned 'eat out to help out' discount.

  • Suggested a change from working from home guidance to going to work if it is safe to do so. Also suggested cutting or suspending air passenger duty for aviation sector recovery.

  • Alistair Carmichael Lib Dem Orkney and Shetland

    Welcomed the VAT reduction but asked for further consideration on extending it or making it permanent. Questioned if many businesses in highly seasonal visitor economies will benefit from it.

  • Complimented Chancellor's measures including VAT and stamp duty cuts, and kick-start scheme to provide opportunities for young people.

  • Expressed gratitude towards the Chancellor for the economic measures. Pressured the Chancellor to commit solidly to unlocking hydrogen strategy that could unlock £1.5 billion investment.

  • Lindsay Hoyle Speaker Chorley

    Joked about Ian Paisley Jnr's eagerness and warned him not to expect immediate responses.

  • Invited Chancellor to visit Dudley to support initiatives such as the Institute of Technology that will future-proof people for jobs in the future.

  • Seema Malhotra Lab Co-op Feltham and Heston

    Expressed concern about lack of a flexible furlough scheme for aviation, questioned whether there would be enough work coaches to meet demand.

  • Welcomed the kick-start scheme and urged that it be constructed in such a way as to provide meaningful work opportunities.

  • Urged Chancellor to recognise care workers' efforts during the crisis by paying them a real living wage of £10 an hour.

  • Rishi Sunak Con Richmond and Northallerton

    Emphasised the ongoing support for public sector workers, highlighted two years of inflation-busting pay rises for almost a million people, mentioned record increases in core spending power for local authorities, and reiterated efforts to implement a cap on public sector exit payments.

  • Christopher Chope Con Christchurch

    Called for the implementation of a cap on public sector exit payments without delay, as it was supported by the House five years ago.

  • Hilary Benn Lab Leeds South

    Expressed concern about the remaining budget gap facing councils like Leeds, which is £63 million, and urged for further assistance to avoid job cuts in essential services due to a statutory requirement for balanced budgets.

  • Kieran Mullan Con Bexhill and Battle

    Commended the Chancellor's support for young people, noting that proportionately the lowest-income families have benefited the most from recent measures.

  • Liam Byrne Lab Birmingham Hodge Hill and Solihull North

    Welcomed investments but criticised the lack of capital investment in manufacturing, expressing fears about a potential manufacturing meltdown due to furlough changes and the absence of new car subsidy schemes.

  • Edward Leigh Con Gainsborough

    Stressed that long-term subsidised jobs are not sustainable and advocated for deregulation, market flexibility, and tax cuts on entrepreneurship.

  • Asked about the urgency of bringing forward legislation to improve access to cash in rural communities as part of the community access to cash scheme.

  • Called for more support for early years providers, highlighting their struggles and requesting a meeting to discuss solutions.

  • Justin Madders Lab Ellesmere Port and Bromborough

    Asked the Chancellor what actions he would take to save jobs in light of Airbus's announcement of 1,700 job losses.

  • Expressed gratitude for tackling furlough fraud and invited the Chancellor to a webinar on combating corruption and fraud in procurement.

  • Claire Hanna SDLP Belfast South and Mid Down

    Thanked the Chancellor for advancing important mechanisms but expressed concerns about individuals on precarious contracts. Suggested meeting with banks to offer lower-cost mortgage products.

  • Rishi Sunak Con Richmond and Northallerton

    Acknowledged efforts by Economic Secretary to provide forbearance during difficult times, mentioning the scheme that provided mortgage holidays to one in six mortgages. Agreed to meet Claire Hanna.

  • Martin Vickers Con Brigg and Immingham

    Quoted the Grimsby Telegraph, praising the Chancellor for delivering support to businesses. Urged the Chancellor to consider freeport status for Immingham and Grimsby despite ending consultation next week.

  • Clive Efford Lab Eltham and Chislehurst

    Welcomed nine-month cut to stamp duty but expressed concern it could increase house prices, making homes harder to buy for first-time buyers. Suggested injecting capital into the housing market for social housing.

  • Thanked the Chancellor for announcements supporting hospitality and tourism industries, inviting everyone to come to Cornwall this summer.

  • Welcomed Barnett consequentials for youth unemployment response but asked about analysis of where redundancies have occurred and are likely to occur over the coming months. Suggested targeting £9 billion furlough bonus more towards sustainable sectors facing long-term issues.

  • Asked the Chancellor for support on flood management in constituencies like his, given recent flooding disasters and ongoing recovery needs.

  • Vicky Foxcroft Lab Lewisham North

    Expressed concern about lack of support for high-risk individuals to return to work safely when shielding programme ends. Asked the Government to consider extending full job retention scheme for those who cannot return safely.

  • Thanked the Chancellor for furlough scheme and emphasised the importance of helping businesses in the private sector generate jobs, prosperity, and tax revenues.

  • James Murray Lab Co-op Ealing North

    Inquired about procedures if British Airways used taxpayers’ money to put furloughed staff on notice of redundancy. Asked for confirmation that such a company would be liable to pay back the funds.

  • John Penrose Con Weston-Super-Mare

    Thanked the Chancellor for subsidising local businesses and tourism, emphasised the importance of competition laws for long-term job security.

  • Rishi Sunak Con Richmond and Northallerton

    Clarified that the 'eat out to help out' discount does not apply to alcohol but benefits 90% of pubs. Emphasised the importance of dynamic competition policy for job creation.

  • Drew Hendry Lab Inverness West, Glen Urquhart

    Asked about support for businesses and sole traders excluded from pandemic support, suggested converting loans into grants to aid seasonal businesses.

  • Rishi Sunak Con Richmond and Northallerton

    Announced a reduction in VAT for sectors affected by the pandemic. Discussed the 'eat out to help out' discount aimed at protecting jobs and businesses.

  • Steven Baker Con Wycombe

    Expressed concern about the long-term sustainability of public finances, asked for reassurance regarding a contingency plan if inflation rises.

  • Rishi Sunak Con Richmond and Northallerton

    Reassured on the long-term sustainability of public finances, committed to returning them to a position of sustainability over the medium term.

  • James Daly Con Heywood and Middleton

    Welcomed support for young people in the country, requested a meeting with the Chancellor to discuss expanding job opportunities at Bury College.

  • Rishi Sunak Con Richmond and Northallerton

    Expressed willingness to meet representatives of Bury College to explore ways to expand sector-based work academies in their constituency.

  • Kerry McCarthy Lab Bristol East

    Asked for specific support measures for the car manufacturing industry, particularly electric vehicle subsidies and a scrappage scheme.

  • Rishi Sunak Con Richmond and Northallerton

    Announced £1 billion in support for low-emission vehicles at Budget, including a £400 million charging infrastructure fund.

  • James Sunderland Lab Workington

    Suggested reviewing investment and procurement strategies to prioritise British businesses, reducing overseas spending.

  • Rishi Sunak Con Richmond and Northallerton

    Agreed with the importance of supporting local economies through procurement rules post-Brexit.

  • Wendy Chamberlain Lib Dem North East Fife

    Asked for detailed figures on financial support delivered by the Treasury to Scotland and other devolved nations during the crisis.

  • Rishi Sunak Con Richmond and Northallerton

    Provided details of £4.6 billion in Barnett funding provided to Scotland throughout the pandemic, along with a block grant adjustment based on stamp duty cuts.

  • Desmond Swayne Con New Forest West

    Asked for intervention to ensure campsites remain open despite a company's refusal to do so, highlighting potential loss of income for local traders.

  • Rishi Sunak Con Richmond and Northallerton

    Acknowledged the importance of opening campsites, highlighted VAT reduction for campsites, and offered to use influence to address the issue.

Government Response

Acknowledged the points raised by MPs, including comprehensive support for self-employment schemes, importance of green jobs, need to balance fiscal sustainability with recovery measures, and plans for further education colleges. Emphasises policies supporting job creation, business incentives, and economic recovery. Responds to concerns about viable businesses, local government funding, university support, tourism, events industry, apprenticeships, procurement reforms, aviation sector, and green measures. Responded to various speakers, defending government's actions on grants for hospitality sector, expressing commitment to review aerospace taxation, inviting work coaches' insights into kick-start scheme, and promising additional investment in hydrogen technology. Responded to each MP's concerns, outlining measures taken by his team to support businesses and individuals affected by economic downturn. Acknowledged freeport issue for Immingham and Grimsby, supported social housing programme increase, and clarified furlough scheme rules.

▸ Assessment & feedback
Summary accuracy