Chancellor’s speech to Conservative conference

Baskar Sundaram
Baskar Sundaram

The Chancellor Rishi Sunak has this afternoon delivered his keynote speech to the virtual Conservative Party conference.

The key themes in the speech were on extending opportunity and taking steps to get our borrowing and debt back under control over the medium term (although he did not go into detail as to what this will entail).

The Chancellor acknowledged that some people are going to lose their jobs and that, as well as supporting business, the Government strategy is to upskill and retrain people in support of new jobs as the economy changes due to the pandemic.

This is a key area that the BSA is looking at as part of our new workstream on the future of work and the new economy.

The full text of the speech can be read here.

Also at today’s conference, Secretary of State for Work and Pensions Therese Coffey set out further details on the Government’s new Job Entry Targeted Support. You can read the full press release on the policy here.

Members can also watch Priti Patel’s speech at the conference yesterday to announce an overhaul of the UK’s asylum system.

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