Eddie Mair challenges Treasury Select Committee Chair on Sunak's new job scheme

24 September 2020, 18:16 | Updated: 24 September 2020, 18:35

By Fiona Jones

Eddie Mair asked the Chair of the Treasury Select Committee Mel Stride scrutinising questions about Rishi Sunak's new Job Support Scheme.

Chancellor Rishi Sunak has set out the details of his winter economic plan in a Downing Street press conference, most notably the Job Support Scheme which will replace furlough from 31 October.

This scheme will "support only viable jobs" and not jobs that continue to exist because the Government is subsidising the wages - this has been clarified as jobs where staff can work at least 33 per cent of their normal hours.

Eddie questioned the Chair why the Chancellor has made a major spending announcement without saying where the money is coming from.

Mr Stride responded that in normal times these figures would all go through the Office for Budget Responsibility: "We're not in normal times and the Government's having to react as circumstances change very quickly."

Eddie acknowledged that many people have praised Rishi Sunak's winter economy plans but some people have "fallen through the cracks", such as those that work in the events industry which is in "dire straits" and has not had help.

Read more: Chancellor Rishi Sunak's job support scheme - everything you need to know

Eddie Mair questions Treasury Select Committee Chair on Sunak's new job scheme which was detailed today
Eddie Mair questions Treasury Select Committee Chair on Sunak's new job scheme which was detailed today. Picture: LBC/PA

"There are a number of areas in the economy that are suffering and there's no doubt that there's been a disproportionate effect across the economy on different sectors," MP for Central Devon Mr Stride said.

"The way the Job Support Scheme is going to work is to support those that stay with businesses on reduced hours and that will naturally target that support to those companies that has jobs that are going to be sustainable in the medium and the longer term.

"Unfortunately, of course, there are businesses in the economy...who are just not going to survive unfortunately. And those businesses probably will not take up this scheme as they will know at the management level the future is not good."

Eddie further asked what people in the events industry are "supposed to do" to which Mr Stride suggested taking out loans, such as soft loans, and loans that only need interest repayments, while getting wage support from the Government.

"The Chancellor has always said right from the beginning that unfortunately he's not going to be able to protect every job," Mr Stride said.

Eddie countered that events is a whole sector which might be "screwed" to which Mr Stride responded that these are all questions that the Committee will be looking at while examining Mr Sunak's plan.

More Eddie Mair

Mark Drakeford: New mask rules in Welsh schools 'imminent'

Mark Drakeford: Mask mandates in Welsh schools 'imminent'

Eddie Mair caller takes aim at Boris Johnson

'The man is a clown': Eddie Mair caller takes aim at Boris Johnson

Social care system: 'It needs more funds. It needs radical reform'

Social care system: 'It needs more funds. It needs radical reform'

Bradford Council Leader takes aim at Govt rail plan

'This has got me so angry today': Bradford Council leader takes aim at Govt rail plan

Azeem Rafiq's racism revelations mark 'sad day for cricket'

Azeem Rafiq's racism revelations mark 'sad day for cricket'

'People are beginning to wonder whether Boris Johnson sometimes likes to disappear'

'People are beginning to wonder whether Boris Johnson sometimes likes to disappear'

Ex-MP takes aim at 'greedy' MPs who are 'out for all they can get'

Ex-MP takes aim at 'greedy' MPs who are 'just out for all they can get'

'I can't imagine why I would encourage my kids to get involved in politics'

'I can't imagine why I would encourage my kids to get involved in politics'

Tory MP: 'Optics aren't great' on move to save Owen Paterson from suspension

Tory MP: 'Optics aren't great' on move to save Owen Paterson from suspension

Eddie Mair grills Tory MP on self-admitted 'crazy' Universal Credit taper rate

Eddie Mair grills Tory MP on self-admitted 'crazy' pre-budget Universal Credit taper rate

GP: 'We need multiple things to stop Covid'

GP: 'We need multiple things to stop Covid'

Sir David Amess' surgery was in church so 'elderly' and 'disabled' constituents could attend

Sir David Amess 'moved surgery to church so more constituents could attend'

'Brexit represents 'self-sabotage', caller argues

'Brexit represents 'self-sabotage', caller argues

Ex-EU boss launches scathing attack on Lord Frost's Brexit speech

Ex-EU boss launches brutal attack on Lord Frost's Brexit speech

Caller 'haunted' by son's Covid death fumes at report findings

Mother 'haunted' by son's Covid death fumes at report findings

'I can't take my daughter to school': Mother shares toll of fuel fiasco on her family

'I can't take my daughter to school': Mother shares toll of fuel fiasco on her family