Source · Select Committees · Business and Trade Committee
Recommendation 17
17
Paragraph: 62
Throughout the pandemic the Government has attached expiry dates to support measures, which have since...
Conclusion
Throughout the pandemic the Government has attached expiry dates to support measures, which have since been found to be premature. In most cases, the measures have ultimately ended up being extended, which is undoubtedly the correct decision. In the early months of the pandemic, it was difficult to know long health measures would need to last. This has been further complicated by the discovery of new variants of the disease which appear to be significantly more infectious. However, the situation we find ourselves in is no longer novel. By continually failing to take a long-view, particularly now that we understand that health restrictions (and therefore business support) will be necessary for as long as the virus is prevalent, needless long-term damage is done to the economy and workers through repeated ‘cliff edges’, which ultimately turn out to be artificial.
Paragraph Reference:
62
Government Response
Acknowledged
HM Government
Acknowledged
My Department will continue to work closely with the rest of the Government to review current measures, as we continue to support businesses and safely reopen the entire economy as soon as possible.