Economic Downturn Debate

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Lord Tunnicliffe

Main Page: Lord Tunnicliffe (Labour - Life peer)

Economic Downturn

Lord Tunnicliffe Excerpts
Monday 18th July 2022

(1 year, 9 months ago)

Lords Chamber
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Baroness Penn Portrait Baroness Penn (Con)
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I reassure noble Lords that they will not have to wait at all. We are investing in skills across the range of our workforce to ensure that those who are out of work, or in work where they could be making better use of their skills, can find those opportunities. We need to encourage people back into the workforce—for example, older workers who moved out of the workforce during the pandemic—and we need to use migration in a targeted way to ensure that we get the right skills that this country needs.

Lord Tunnicliffe Portrait Lord Tunnicliffe (Lab)
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My Lords, media reports suggest that Ministers are to launch a multibillion pound business loan scheme in an attempt to counter a looming recession. Can the Minister confirm whether an announcement will be made to Parliament before the Summer Recess? Can she also confirm what measures, if any, are being put in place to avoid the level of fraud seen under the Covid support schemes?