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Economic support plans made “on the hoof” are failing millions

October 23, 2020 7:33 AM

The Liberal Democrats have accused the Chancellor of "making up plans on the hoof" when it comes to financial support for businesses and workers impacted by COVID-19. Responding to the Chancellor's statement in the House of Commons today, Liberal Democrat Treasury Spokesperson Christine Jardine said:

Yet again the Chancellor is taken by surprise by events unfolding exactly as predicted months ago. He has utterly failed to address the gravity of the economic crisis, with people and businesses facing devastating pressure across the country.

Beyond tinkering around the edges of the Job Support Scheme and correcting some of its blatant errors, he has offered nothing for those slipping into poverty. 67% of salary is just not enough for people to get by on. The Chancellor is making up plans on the hoof and is failing millions of people.

We need real leadership from Government, not a patchwork of ever-changing measures. It's clearer than ever that the Government should have kept the furlough scheme in place as the Liberal Democrats called for, yet they are too proud to do the right thing and U-turn.