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Home Business News Labour hits out at Chancellor that U-turn ‘will have hit business confidence’

Labour hits out at Chancellor that U-turn ‘will have hit business confidence’

by LLB political Reporter
24th Sep 20 1:19 pm

Labour’s Shadow Chancellor Anneliese Dodds told MPs in the House of Commons that the Chancellor Rishis Sunak’s U-turn delay would have “hit business confidence.”

The Labour MP said in response to Sunak that she called for a targeted wage support scheme some 40 times and 20 times the government refused.

Dodds added that it is a “relief” the government have made the “U-turn,” but the delay will have hit “business confidence.”

She said that the deadline for companies who might have been expecting the furlough scheme to be a firm cut off, has been and gone, as this was last week.

The Labour MP asked in the Commons, what conditions has the government set out to ensure value for public money, to prevent “abuses” that was seen with the furlough scheme.

She hit out at the Chancellor saying that there is also a “lack of action” in his statement in training and skills to help people to be “ready for the jobs of the future.”

The Shadow Chancellor said that they want assurances that millions of people who have not been given any support, will be provided with government financial support.

She further argued that the “UK is still lagging behind the world on contract tracing,” and warned that Test and Trace is still “not delivering the system we need.”

Although Dodds welcomed the new £2bn for the contract tracing system, she added, that the UK is “still not at the stage of many other countries,” despite Prime Minister Boris Johnson promise of a world beating system by June this year.

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