Commons Sense

Hansard-based summaries and metrics

Fiscal Support Job Retention and Incomes 2020-10-20

2020-10-20

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TAGS
Response quality

Questions & Answers

Q1 Partial Answer
Harriett Baldwin Con
West Worcestershire
▸ Context
The MP asked about the comparative effectiveness of fiscal support measures implemented in the UK and internationally for job retention and income protection during the pandemic.
What comparative assessment has been made of the effectiveness of fiscal support for (a) job retention and (b) incomes during the covid-19 outbreak in the UK and internationally?
Jesse Norman
The Government have put in place more than £200 billion-worth of support to protect people's jobs, businesses and incomes. This is one of the most comprehensive economic responses anywhere in the world.
▸ Assessment & feedback
Comparison with other countries' fiscal measures not addressed
Response accuracy
Q2 Partial Answer
Mark Logan
▸ Context
The MP asked about the adequacy of financial support provided to local authorities under tier 3 restrictions in England, referencing a proposal by his colleague for VAT reduction in the hospitality industry.
Will the Treasury constantly review the financial help on offer for those faced with tier 3 restrictions and consider some of the ideas that were forthcoming from my hon. Friend the Member for Cheadle (Mary Robinson) in relation to VAT reduction for the hospitality industry?
Jesse Norman
We have committed almost £500 million of support to English local authorities through the tiering system, including grants up to £3,000 per month. We also expanded the job support scheme recently.
▸ Assessment & feedback
Specific consideration of VAT reduction not addressed
Response accuracy
Q3 Partial Answer
Harriett Baldwin Con
West Worcestershire
▸ Context
The MP referenced a revised OECD forecast on UK unemployment rates and asked about the winter jobs plan's adequacy for supporting the labour market during the pandemic.
Can the Minister confirm that the winter jobs plan will continue to provide the right kind of support to help our flexible labour market to adapt to the pandemic?
Jesse Norman
We continue to adapt our response, and we will launch a £2 billion kickstarter scheme alongside the job support scheme soon. This will boost prospects for young people across the country.
▸ Assessment & feedback
Specific confirmation on winter jobs plan not provided
Response accuracy