John, we were promised a new deal from the Chancellor's mini-budget statement on Wednesday, but instead, all we got was a meal deal. Businesses are in trouble not because people want money off meals – but because customers don’t have the confidence to return yet. Confidence will only return when the government takes meaningful action to join up its health response with its economic response. Getting Test, Track and Isolate fully operational
then should be a priority. With 6,000 people claiming out of work benefits here in Birmingham Edgbaston alone, a rise of over 50% since the start of the crisis, and 10,000 people on furlough anxious about the future as the scheme starts to unwind, the statement needed to have a laser-like focus on jobs. Sadly, this week's announcements failed to meet the scale of the challenge our country faces. Millions of jobs and livlihoods depend on the government getting the response right. 12,000 job losses were announced in just two days last week, and here in Birmingham, hundreds more jobs are at risk with the announcement that John Lewis and Boots will be
closing their stores permanently. It's clear then that the government has not gone far or fast enough to protect jobs and that the one size fits all approach is not working. The announcement also failed to provide anything for one of our region's best performing sectors: manufacturing. Manufacturing output has dropped by 40% during lockdown here in the West Midlands and, without targeted support, the sector will face further decline and job cuts for the tens of thousands it employs.
You can read my reaction to Wednesday's statement by clicking below. |