The text of the comments made by Bridget Phillipson, the Shadow Chief Secretary to the Treasury, on 16 July 2020.
Every lost job is a personal tragedy now and a hammer blow to public finances in the long run.
Last week the Chancellor should have targeted support to the sectors worst affected by this terrible crisis. Instead his blanket approach won’t deliver for those who need it most.
The Government still has time to grasp the scale of the challenge and change course. It must act now before it’s too late.