Davey: We must match the scale of the crisis with the courage to invest

Speaking after the Chancellor’s Summer Statement, Acting Leader of the Liberal Democrats Ed Davey said: “Coronavirus has left countless families facing serious financial hardship. More than a million people have lost their jobs and many more are worried about losing theirs in the weeks and months ahead.

Acting Leader Ed Davey

“While I welcome short term measures to help people now, the Chancellor has no serious long term economic strategy for dealing with unemployment, climate change and inequality.

“Totally absent today was any measure to help the millions excluded from Covid support – like new starters, newly self-employed people and freelancers. They haven’t been helped at all so far and yet represent some of the most vulnerable groups. They must not be left behind.

“Fundamentally, we need a radically new approach to building a radical new green economy for everyone. We must match the scale of the economic and climate crises with the courage to invest £150 billion over three years in a Green Recovery Plan for green jobs in all parts of our country.

“Sadly, Ministers have fallen far far short of what is needed for people and for the climate.”

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