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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 Seema Malhotra Seema Malhotra Labour/Co-operative, Feltham and Heston 7:17 pm, 17th March 2020

Yesterday a constituent of mine was laid off from his employment, along with 50 colleagues. He described how he watched the company’s owners trying to hold back tears as they let go people who have worked for them for decades. Why will the Chancellor not cut off this problem at the root by providing to British businesses the same reassurance that President Macron has provided to French businesses: that no business will go bankrupt?