Lucy Powell – 2020 Comments on HSBC and DW Sports Job Losses

The text of the comments made by Lucy Powell, the Shadow Minister for Business and Consumers, on 3 August 2020.

We are seeing a wave of job losses across the high street which is not just a tragedy for the individuals and families concerned but underlines the real challenges facing retail, hospitality and leisure in our towns and cities.

With many businesses struggling, Boris Johnson’s jobs squeeze threatening those still on furlough in fully and partially shut down sectors, and the lack of support for areas facing local lockdowns, it’s vital that Ministers step up. That’s why Labour has called for a flexible furlough and a Hospitality and High Street Fightback Fund to support businesses and workers in areas and sectors in distress.