Economic Outlook and Furlough Scheme Changes

Part of the debate – in the House of Commons at 12:39 pm on 16th June 2020.

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Photo of Jesse Norman Jesse Norman The Financial Secretary to the Treasury 12:39 pm, 16th June 2020

My hon. Friend is of course absolutely right. The whole point of the strategy that we have adopted is to cushion the immediate shock, protect the vulnerable, and then move as swiftly and safely as we can towards economic growth. As he says, we need businesses flourishing, functioning and working together as effectively as possible. The quicker we get that, the more we can support people back into jobs. The tailored approach that we have taken is designed to help them do that.