Parliamentary Question - summer economic update

On behalf of the many businesses in South Dorset, may I thank my right hon. Friend for the furlough scheme and welcome his statement today? Surely our aim is to help many in a struggling private sector because, as I am sure he agrees and as the Opposition need continually to be reminded, it is they who generate the jobs and prosperity that we need, as well as the tax that pays for our public services.

Rishi Sunak

My hon. Friend is absolutely right. It is, in the long term, the market economy that will provide the growth and prosperity we need. It will provide the jobs that we need, but it is important that we provide support to those businesses in the short term, given the disruption they have faced, and I know his local businesses and many others will welcome the jobs retention bonus to help reward and incentivise them to do the right thing, stand by their workers at this time and bring them back, and look forward to a brighter future.