The Economy

Part of the debate – in the House of Commons at 3:22 pm on 8th July 2020.

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Photo of Steve Barclay Steve Barclay The Chief Secretary to the Treasury 3:22 pm, 8th July 2020

There are two issues within that. First, there are the revised numbers from the Office for Budget Responsibility, which has set a timescale for when it will set those out. Then there is the more substantive issue, as the Chancellor set out in his statement, of seeing the plan for jobs in the context of three phases. The medium-term recovery that we need will be set out in the autumn with the Budget and the comprehensive spending review. Again, that will be an important milestone in this three-phase approach.