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Economic Update

Part of the debate – in the House of Commons at 7:17 pm on 17th March 2020.

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Photo of Clive Efford Clive Efford Labour, Eltham 7:17 pm, 17th March 2020

The notes that have been handed out from the Vote Office tonight say “Statement to the Press”, not to the House of Commons. I do not think there is any difference between what the Chancellor has said to the House and what was said to the press earlier on, and that should not happen again.

Are businesses that are strapped for cash flow likely to take out a loan rather than lay staff off? Is it not assistance with paying wages that they do not have to pay back later that those businesses need? They do not need more debt from the Government; they need help with paying wages.