Anneliese Dodds MP, Labour’s Shadow Chancellor, is today [Tuesday] calling for an urgent “Back to Work Budget” to protect UK jobs at a crucial phase of the coronavirus recovery. The Shadow Chancellor warns that the country cannot afford for the government to make the same mistakes on the economy as during the coronavirus health crisis.
Dodds is calling on the Chancellor to publish an urgent package of economic measures with a clear focus: “jobs, jobs, jobs.” The intervention comes after the Treasury was reported to have shelved plans for an emergency summer Budget.
Official figures on unemployment will be published today by the Office for National Statistics. They follow statistics earlier this month showing job vacancies at a three-year low, raising fears of mass unemployment.
Arguing that the Government’s slow health response to coronavirus has worsened its economic damage, Dodds is warning that without swift action from the Treasury the UK risks falling even further behind other nations. Other countries, including Germany, have already announced stimulus packages to support the post-Covid economic recovery.
Labour’s Shadow Chancellor, Anneliese Dodds MP, said:
“The Government was too slow to recognise the scale of the health crisis from coronavirus and we are already paying the economic price.
“We are increasingly worried that the slow and confused health response is now being followed by a slow and confused response to saving jobs. The window is closing to protect existing jobs and encourage firms to invest in creating new ones.
“That’s why we need a Back to Work Budget that has one focus – jobs, jobs, jobs. As a constructive opposition, we want to work with government to get the right solutions to the problems the country faces.”