Areas with Additional Public Health Restrictions: Economic Support

Part of the debate – in the House of Commons at 12:39 pm on 6th October 2020.

Alert me about debates like this

Photo of Steve Barclay Steve Barclay The Chief Secretary to the Treasury 12:39 pm, 6th October 2020

The significant fiscal measures that we have put in place will clearly have longer-term consequences for the public finances. The Chancellor has been quite clear about that in terms of our response to the future fiscal event. In terms of the timing of a vaccine, as the Prime Minister and the Chancellor have set out, things have changed since March, when there was perhaps a sense initially that these measures would be needed for a shorter period, and it is now clear that we will be living with the virus for a longer period—at least for a further six months. I know, however, that through the work of the Secretary of State for Business, Energy and Industrial Strategy, a huge amount of work is going on in the vaccines taskforce, because that is clearly the best way to limit the longer-term damage. However, we cannot guarantee the timing of when any vaccine would arrive.