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Anneliese Dodds criticises 'cavalier' pandemic spending | Anneliese Dodds criticises 'cavalier' pandemic spending |
(about 1 hour later) | |
Shadow chancellor Anneliese Dodds has accused the government of mismanaging billions of pounds spent in response to the Covid-19 pandemic. | Shadow chancellor Anneliese Dodds has accused the government of mismanaging billions of pounds spent in response to the Covid-19 pandemic. |
In a speech to party members on Monday, she accused ministers of a "cavalier" approach to public spending during the crisis. | In a speech to party members on Monday, she accused ministers of a "cavalier" approach to public spending during the crisis. |
But she called for firms in struggling sectors to get extra support to retain workers, or provide training. | But she called for firms in struggling sectors to get extra support to retain workers, or provide training. |
The government accused Labour of offering "recycled" economic plans. | The government accused Labour of offering "recycled" economic plans. |
Ms Dodds called for a change in approach to managing the economic downturn during a speech to Labour's online conference, which ends on Tuesday. | Ms Dodds called for a change in approach to managing the economic downturn during a speech to Labour's online conference, which ends on Tuesday. |
She unveiled proposals for a jobs recovery scheme targeted at sectors that have been closed or on reduced capacity because of social distancing rules. | She unveiled proposals for a jobs recovery scheme targeted at sectors that have been closed or on reduced capacity because of social distancing rules. |
What's different about Labour's conference? | What's different about Labour's conference? |
The party's annual four-day gathering looks a lot different this year. | The party's annual four-day gathering looks a lot different this year. |
The event, rebranded as Labour Connected, is taking place entirely online rather than in a conference venue. | The event, rebranded as Labour Connected, is taking place entirely online rather than in a conference venue. |
As a result, there will be no scenes of packed halls and delegates hoping to speak waving items of clothing and other props to try and get themselves noticed. | As a result, there will be no scenes of packed halls and delegates hoping to speak waving items of clothing and other props to try and get themselves noticed. |
Policy won't be decided on the floor of the conference but there are members' discussions and policy panels - on issues such as the future of work, communities, support for young people and the green economy. | Policy won't be decided on the floor of the conference but there are members' discussions and policy panels - on issues such as the future of work, communities, support for young people and the green economy. |
There is the usual packed fringe programme and there will also be speeches, which will be streamed online. | There is the usual packed fringe programme and there will also be speeches, which will be streamed online. |
As well as Anneliese Dodds, we'll also be hearing later on Monday from shadow home secretary Nick Thomas-Symonds. Each speaker is expected to use Labour's recently unveiled New Leadership slogan as their backdrop. | As well as Anneliese Dodds, we'll also be hearing later on Monday from shadow home secretary Nick Thomas-Symonds. Each speaker is expected to use Labour's recently unveiled New Leadership slogan as their backdrop. |
You'll have to wait to hear more about leader Sir Keir Starmer's keynote speech on Tuesday, although - unlike his address to the TUC last week when he was self-isolating - he won't be speaking from his own home. | You'll have to wait to hear more about leader Sir Keir Starmer's keynote speech on Tuesday, although - unlike his address to the TUC last week when he was self-isolating - he won't be speaking from his own home. |
In a bid to stem job losses, she also called for £3bn in funding to be brought forward to retrain the unemployed or those at risk of losing their jobs. | In a bid to stem job losses, she also called for £3bn in funding to be brought forward to retrain the unemployed or those at risk of losing their jobs. |
She urged ministers to provide additional support to viable but indebted firms due to start repaying government loans from next spring. | She urged ministers to provide additional support to viable but indebted firms due to start repaying government loans from next spring. |
'Ambitious Labour vision' | 'Ambitious Labour vision' |
And she vowed to "restore trust" with the private sector, adding that she understands the "critical role business plays in creating jobs". | And she vowed to "restore trust" with the private sector, adding that she understands the "critical role business plays in creating jobs". |
"Recover jobs, retrain workers and rebuild business. Three steps to a better, more secure future," she said. | "Recover jobs, retrain workers and rebuild business. Three steps to a better, more secure future," she said. |
"This is an ambitious Labour vision - where security and fairness aren't just aspirations, but where they are a reality for families and communities across our country." | "This is an ambitious Labour vision - where security and fairness aren't just aspirations, but where they are a reality for families and communities across our country." |
In her first conference speech since being appointed shadow chancellor in April, Ms Dodds also accused the Conservatives of mismanaging public funds in response to the crisis. | In her first conference speech since being appointed shadow chancellor in April, Ms Dodds also accused the Conservatives of mismanaging public funds in response to the crisis. |
She pointed to actions, including the recall of unused testing kits and a decision not to use 50m face masks bought for the NHS, as examples of waste. | She pointed to actions, including the recall of unused testing kits and a decision not to use 50m face masks bought for the NHS, as examples of waste. |
She also unveiled party analysis which claims the government's job retention bonus scheme will hand £2.6bn to firms who would have retained staff anyway. | She also unveiled party analysis which claims the government's job retention bonus scheme will hand £2.6bn to firms who would have retained staff anyway. |
"You're only as cavalier with public money as our current chancellor, if you don't know the value of it," she said. | "You're only as cavalier with public money as our current chancellor, if you don't know the value of it," she said. |
"As chancellor, I would ensure that public money was always spent wisely. Targeted where it's needed most. Not splurged where it isn't." | "As chancellor, I would ensure that public money was always spent wisely. Targeted where it's needed most. Not splurged where it isn't." |
'Unrelenting pressure' | 'Unrelenting pressure' |
Labour has previously called for the scheme, which will pay firms £1,000 for each employee brought back from furlough and employed until January, to be reviewed. | Labour has previously called for the scheme, which will pay firms £1,000 for each employee brought back from furlough and employed until January, to be reviewed. |
The CBI said it agreed that a more targeted approach was needed but it could not be overly bureaucratic as firms needed "simple and quick" solutions. | The CBI said it agreed that a more targeted approach was needed but it could not be overly bureaucratic as firms needed "simple and quick" solutions. |
"Labour clearly recognise the unrelenting pressure firms are facing," the employer group's chief economist Rain Newton-Smith said. | "Labour clearly recognise the unrelenting pressure firms are facing," the employer group's chief economist Rain Newton-Smith said. |
"All parties agree that saving good jobs today is far better than picking up the pieces tomorrow. That needs bold action as the UK heads into a challenging autumn." | "All parties agree that saving good jobs today is far better than picking up the pieces tomorrow. That needs bold action as the UK heads into a challenging autumn." |
For the government, Chief Secretary to the Treasury Steve Barclay said Labour was offering nothing more than former leader Jeremy Corbyn's "recycled economic plans". | |
He said they would hold the UK back and "hinder our recovery from coronavirus". | He said they would hold the UK back and "hinder our recovery from coronavirus". |
"This Conservative government is getting on with delivering its plan for jobs - creating, supporting and protecting employment across every corner of our country," he said. |