EconomySpeeches

Ed Miliband – 2020 Comments on New Economics Foundation Report on Regional Inequality

The comments made by Ed Miliband, the Shadow Business Secretary, on 24 September 2020.

Labour warned this summer that certain places around the UK would be disproportionately hit by the growing jobs crisis, and that the Government’s blanket approach to the furlough scheme failed to understand the nature of this recession.

Communities with particularly large proportions of their workforce in manufacturing, retail and hospitality have felt the economic impact of Coronavirus more deeply.

As we approach a cliff-edge in financial support with more restrictions being introduced, the Government must urgently outline a replacement to furlough – or risk deepening regional inequalities.