Labour criticises Rishi Sunak’s ‘one size fits all approach’
Shadow Chancellor Anneliese Dodds calls for a more ‘appropriately targeted’ plan to ensure money set aside to help businesses does not only fall into the hands of the richest companies in the country.
Since the pandemic began, Boris Johnson’s government has spent £159bn in direct measures including the job retention scheme and tax cuts, as well as a further £123bn on deferred tax rises.
Today’s statement – billed as the second of three acts – is worth up to £30bn, a 10th of the overall package.
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