Skip to content
Sunday 13 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,650.44
+0.39%
DAX
25,568.56
+0.82%
CAC 40
8,179.77
+0.78%
STOXX 50
6,325.13
+0.90%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Thursday 19 March 2020 12:35 pm

Tory MPs attack Treasury’s coronavirus response and call for ‘radical’ measures

By: Harry Robertson

Add as a preferred source on Google
Tory MPs attack Treasury's coronavirus response and call for 'radical' measures
Former Tory leader Ian Duncan Smith told the government to ramp up benefits and cut waiting times in response to coronavirus

Tory MPs have told the government to start paying British workers’ wages directly and to ramp up benefits payments “today”.

Conservatives from across the party said the chancellor’s response to the economic fallout from coronavirus had not gone far enough and would not prevent mass unemployment.

Former business secretary Greg Clark said in the House of Commons today that businesses “see no choice but to lay off workers now” despite the £330bn of loans chancellor Rishi Sunak has promised them.

“The loan scheme that the chancellor announced on Tuesday is not enough,” he said. “These businesses have no idea when they would be able to pay back the debts.”

“It provides no reason to keep staff employed, in fact the reverse because the smaller the wage bill the less that would have to be borrowed.”

Clark said the government should use the tax system to start paying workers’ wages directly “if and only if [firms] continue to employ their staff”.

“The chancellor said that he would do whatever it takes and do so urgently. He now needs to make good on that and do so urgently.”

Read more

Burnham’s presidential summer is over

Andy Burnham smiling and holding a pint of beer and a smartphone in a pub setting

Treasury minister John Glen said the government was working “flat out, 24/7 to look at all the options”. He said the chancellor was meeting with unions and business groups to work out a plan for workers. 

But former Tory leader Ian Duncan Smith said things must be done “today”. 

The architect of the Universal Credit benefits system said the government should ramp up the amount on offer through the scheme.

“You could change the benefits rate allowing a greater expanse of money to flow to them this could be done today.” He also said the waiting time for benefits should be reduced.

He said these changes “can be done today, they can be delivered within days”.

Veteran Tory MP Bernard Jenkin said Sunak’s measures were “simply not going to be enough”. Hardline Conservatives “are lining up for more radical measures,” he said.

Read more

Tory and Labour councillors spar over £300m Hammersmith Bridge plans

Hammersmith Bridge spanning the River Thames, surrounded by lush greenery and clear blue skies, capturing its iconic archi...

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Markets & Economics
  • News

Categories

  • Economics
  • Politics

Trending Articles

  • Wetherspoon boss: ‘Not up to Burnham’ to choose who is on the high street 

  • Badger Beer maker Hall & Woodhouse doubles profit ahead of tie-up with James May

  • Four interest rate hikes loom despite surprise economic growth

  • Primark sales slip as owner dresses up retailer for demerger

  • As it happened: FTSE 100 rallies as economy beats forecasts; oil falls back

More from Morning Wire

  • Burnham’s presidential summer is over

    Politics
    Andy Burnham smiling and holding a pint of beer and a smartphone in a pub setting
  • Tory and Labour councillors spar over £300m Hammersmith Bridge plans

    Politics
    Hammersmith Bridge spanning the River Thames, surrounded by lush greenery and clear blue skies, capturing its iconic archi...
  • Burnham says the government is central to his ‘triple helix’ plan for growth

    Politics
    Andy Burnham leaves 10 Downing Street, holding a red folder, in a navy suit and white tie
  • Badenoch bets on experience as Griffith and Tugendhat claim shadow cabinet top spots

    Politics
    Shadow business secretary Andrew Griffith has said he would make it easier for small businesses to open bank accounts. (Photo by Dan Kitwood/Getty Images)
  • Burnham’s in hock to the bond markets – whether he likes it or not

    Economics
    Andy Burnham speaking in Parliament, surrounded by other politicians and officials.
  • Row erupts over Tory plan to stop Soho pub goers standing up 

    Hospitality
    Bustling Soho street scene with vibrant storefronts, diverse pedestrians, and iconic London architecture under clear skies
  • Farage vows to call ‘national emergency’ on day one

    Politics
    Nigel Farage in Parliament, addressing a female clerk holding a document, with other parliamentarians in the background.
  • Badenoch: Cut benefits to fund £10bn defence spending package

    Politics
    Two people, a woman and a man, standing in the open hatches of a large olive-green military vehicle.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook