Tuesday 7 July 2020 / 12:01 AM Anneliese Dodds / Economy

Anneliese Dodds responds to Resolution Foundation report on stimulus for economic recovery

Anneliese Dodds MP, Labour’s Shadow Chancellor, responding to a Resolution Foundation report arguing a £200bn stimulus package is needed to secure UK’s economic recovery, said:

“This report indicates the enormous long-term costs of mass unemployment to the UK economy. If the Conservatives are serious about adopting Labour’s calls for a focus on ‘jobs, jobs, jobs’, they urgently need to change tack.

“The Government must abandon their ‘one-size-fits-all’ approach to withdrawing the Job Retention and Self-Employment schemes, and develop support for jobseekers using examples like Labour’s Future Jobs Fund.

“They must also increase their ambitions for supporting infrastructure beyond the largely reannounced projects promoted by the Prime Minister last week, which amounted to a tenth of Germany’s package.”