Rishi Sunak held a 1½ hour session with 1922 committee today:
* He suggested 2m rule should be cut to save jobs and help schools reopen
* Warned 3.5million people could lose their jobs
* Urged Tory MPs to encourage constituents to go shopping next week
* He suggested 2m rule should be cut to save jobs and help schools reopen
* Warned 3.5million people could lose their jobs
* Urged Tory MPs to encourage constituents to go shopping next week
Rishi Sunak said that 24 countries have introduced the flexibility to cut the two-metre rule
He suggested three-quarters of pubs will be able to reopen next month if the rule changes, only a quarter if not
He also suggested it could help reopen schools
He suggested three-quarters of pubs will be able to reopen next month if the rule changes, only a quarter if not
He also suggested it could help reopen schools
Rishi Sunak said Britain is facing a 'very different scenario' to previous recessions as people will not be short of cash when the lockdown is eased
He said that credit card debt is lower than at any time in living memory as people have not been economically active
He said that credit card debt is lower than at any time in living memory as people have not been economically active
Rishi Sunak said that the Govt will need to be 'creative' in its response to the coming recession
One Tory MP said that when asked about whether taxes will be cut he kept his counsel but smiled
One Tory MP said that when asked about whether taxes will be cut he kept his counsel but smiled
The chancellor was asked about how he intends to drive economic recovery
He said he wants to focus on infrastructure, digital connectivity and significant investment in higher education and training to create 'high productivity jobs'
He said he wants to focus on infrastructure, digital connectivity and significant investment in higher education and training to create 'high productivity jobs'
Rishi Sunak also said that Britain needs to have ‘eyes wide-open' on China and potential threat it poses
He said Britain needs a more 'formal regime' to protect intellectual property, a reference to a new foreign takeover law
He said Britain needs a more 'formal regime' to protect intellectual property, a reference to a new foreign takeover law
🚨 Leadership klaxon? 🚨
Rishi Sunak held 3 separate sessions with groups of around 20 Tory MPs a time to ensure social distancing rules were observed
They were impressed
One Tory MP said it was a 'star-turn' and he was 'incredibly well-briefed'
Rishi Sunak held 3 separate sessions with groups of around 20 Tory MPs a time to ensure social distancing rules were observed
They were impressed
One Tory MP said it was a 'star-turn' and he was 'incredibly well-briefed'
Our piece on Rishi Sunak’s appearance at the 1922 committee with his comments on the 2 metre rule, the need for people to get out and spend money, his plans for economic recovery and the threat posed by China:
thetimes.co.uk/article/corona…
thetimes.co.uk/article/corona…
