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The Economy

08 July 2020

Lead MP

Steve Barclay

Debate Type

General Debate

Tags

EconomyTaxationEmploymentNorthern IrelandBusiness & Trade
Other Contributors: 84

At a Glance

Steve Barclay raised concerns about the economy in the House of Commons. A government minister responded. Other MPs also contributed.

How the Debate Unfolded

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

Lead Contributor

Opened the debate
It is a privilege to open this economic debate, and to do so hot on the heels of a statement from the Chancellor that places the Government’s plan for jobs at the heart of our recovery. The past few months have tested our economy in a way that few of us, if any, have experienced before... The House will be familiar with the scale and scope of our economic response, which has included business rates reliefs and grants for the worst-hit sectors, uplifts in welfare support for families struggling to make ends meet and more than £70 billion of business loans and guarantees approved to date. Meanwhile, the coronavirus job retention scheme and the self-employment income support scheme have preserved many millions of jobs and livelihoods across England, Scotland, Wales and Northern Ireland, demonstrating once again the shared strength and resilience we derive from our Union.

Government Response

EconomyTaxationEmploymentNorthern IrelandBusiness & Trade
Government Response
Minister argued against extending the furlough scheme beyond October, highlighting potential long-term negative impacts on employment and emphasised the Government's commitment to job creation, infrastructure investment, and levelling up regional disparities. Minister John Glen summarised the Government's economic response, extending support measures for jobs and livelihoods into autumn. He praised initiatives such as the job retention bonus scheme to reward employers keeping staff in work.
Assessment & feedback
Summary accuracy

About House of Commons Debates

House of Commons debates take place in the main chamber of the House of Commons. These debates cover a wide range of topics including government policy, legislation, and current affairs. MPs from all parties can participate, question ministers, and hold the government accountable for its decisions.