The comments made by Anneliese Dodds, the Shadow Chancellor of the Exchequer, on 14 February 2021.
Labour would rebuild Britain by backing businesses and supporting families through the crisis and then putting Britain on the path to growth.
The Chancellor simply offers a return to the same, old policies that left the foundations of Britain’s economy weakened before the crisis. His economically illiterate plans to demand repayments next month risk crushing British business and our recovery under a mountain of debt. He would leave taxpayers on the hook for billions and other firms cash-strapped for years – leading to less investment and fewer jobs.
Instead of pushing business to the brink, Labour’s plans would protect small firms and give larger ones flexible options to manage debt. We would help businesses get back on their feet, secure our economy and get Britain on the road to recovery.