Lucy Powell – 2021 Comments on 650,000 Hospitality Businesses Needing Help

The comments made by Lucy Powell, the Shadow Minister for Business and Consumers, on 30 January 2021.

The Business Secretary needs to stand up for businesses in government not stand back and leave them to go bust. It’s his job to be their strong voice, not a Treasury mouthpiece.

A million firms are struggling with a cash crisis threatening jobs and livelihoods just as the vaccine offers hope. The cost of business insolvencies and unemployment on this scale would take a wrecking-ball to our economy.

If the Government fails to act on this latest evidence, and doesn’t bring forward an urgent, comprehensive plan, they’ll be guilty of economic negligence that will choke off the recovery, and damage our country for years to come.