Labour criticises Rishi Sunak’s ‘one size fits all approach’

published on July 9, 2020

Well there were a number of measuresannounced today that we've been callingfor I mean particularly the so calledkickstart scheme that seems to bemodeled on what the Welsh Labourgovernment has done in the future jobsfund that was introduced by a Labour

Government previously so certainly wedid want some of those elements ofsupport to be introduced but I think weare concerned that we're still seeingfrom the Chancellor there's one sizefits all approach being taken to the

Different economic packages particularlythe job retention scheme we do think heneeds to shift from that becauseactually the big problem now is suchlarge numbers of people falling intounemployment we need to help them once

They become unemployed but we need tostop them becoming unemployed in thefirst place as well just before we moveon to what he didn't do just back onwhat he did there's a finance bill Ibelieve next week will labor therefore

Be voting in favor of all of thesemeasures well I don't believe currentlyI mean obviously we need to look at thedetail within that bill but I don'tbelieve we would be wanting to opposemajor elements of it at this stage I

Mean in the case of stamp duty obviouslyit's been quite a chaotic process butthe problem is with stamp duty cuts onceyou suggest they're going to happen youneed to go ahead with them becauseotherwise your meaning or you've seen to

People don't buy your house now andthat's really problematic when we've gotsuch big problems in construction so Idon't think we're going to be opposingthose elements but we do still need tosee change so that means that for

Instance you will be supporting the1,000 pound bonus for employers thatemploy people who were on furloughthrough November December and Januaryand even though the enormous cost ofthat 9 billion a lot of that money will

Go to employers who already will havedecided to bring people back and we'llgo just many many of the richestcompanies in this countrywhy on earth you supporting a policylike that if it does something like I've

Just described well we have preciselycalled on the Chancellor indeed I justdid that within the House of Commonswe've called on him to set outconditions to make sure that it's notused in that way that it would just be a

Kind of deadweight cost we've senthim to show us that it won't just bemoney going to those employers who wouldbe taking people back on anyway you'restill you're still supporting but youare still supporting this plan

Well we consistently called for the jobretention scheme to be made moreflexible we're very very worried aboutthe fact that and less changes are madeit will simply have been postponingunemployment episodes that for some

Areas it will be hopefully incentivizingemployers to keep people on we wouldwant to support it but do I want to seea more targeted approach absolutely I doand I've been consistently calling onthe Chancellor to do that he's not

Delivered it today but we're not goingto post something that goes part of theway there so you will happy to back thethousand pounds for companies eventhough a lot of that money may well goto rich companies and so employees have

Already decided to basically bring theirstaff back but we do want to see a moretargeted approach you know I'mconsistently on the record for havingsaid that the Chancellor's ruled out amore targeted approach therefore if this

Is what he's putting forward to try andkeep people out of unemployment thenwe're not going to criticize thatunnecessarily the big big problem thatwe've got now in the UK is unemploymentpotentially rising up to its previous

Record from the 1980s of three millionpeople Chancellor needs to be acting toprevent that additional rise thatmeasure would help but as you said ifit's not appropriately targeted therewill be a lot of dead weight cost going

To employees I don't need that money butyou accept through your backing of theseschemes that the Chancellor's donethings today that are quite likely tomean that some of the unemployment thathad been forecast won't happen well I'm

Obviously really hope that will be thecase I do think that a more targetedapproach to the job retention schemethan what the Chancellor has put forwardtoday and the self-employed scheme wouldhave made much more of a difference I do

Think it would have kept more people outof unemployment and it's not clear to methat the the particular problems facingthe UK economy are being acknowledged aspart of this crisis we've seemed to havethe slowest growth in vacancies out of

Many industrialized nations currently inthe UK we've got that specificproblem that means we've really got tokeep people out of unemployment and notjust be helping them once they becomeunemployed

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