CoronavirusEconomySpeeches

Pat McFadden – 2021 Comments on Government’s Business Support Package

The comments made by Pat McFadden, the Shadow Chief Secretary to the Treasury, on 21 December 2021.

This is a holding package from a Government caught in a holding position. The Prime Minister is a prisoner of divisions inside his party and within the Cabinet about whether any further measures are needed and whether they will get past Tory backbenchers. That is not the way that crucial public health decisions should be taken.

Labour has been calling for an economic support plan for businesses affected by a wave of pre-Christmas cancellations. Support is welcome to see but we will be going through the details of this announcement to see which business and workers are included and excluded.

Business support should have been announced when the Plan B changes were voted on last week but it has only happened after the Chancellor was dragged back from California to focus on the plight facing businesses and workers here in the UK.

The real question after yesterday’s indecisive Cabinet meeting is what will happen next, when will the country be informed of that, and will support for businesses and workers be placed alongside any further public health measures that might be announced.