U.K.'s Nadhim Zahawi on Furlough Scheme, Sector Protection & Internal Markets Bill

The transcript discusses the Labour Party's call for a six-month economic plan and the Chancellor's focus on job protection through the furlough scheme. It highlights sector-specific support for the airline industry and the introduction of the National Security and Investment Bill to protect against malign actors while maintaining an open investment environment.

What has been the primary focus of the Chancellor during the pandemic?

• Reducing taxes for businesses

• Protecting jobs and businesses

• Promoting international trade

• Increasing public spending on infrastructure

What percentage of wages does the extended furlough scheme cover?

• 80%

• 90%

• 70%

• 60%

Which sector has received £9 billion in support from the UK government?

• Hospitality

• Automotive

• Retail

• Airline

What is the purpose of the National Security and Investment Bill?

• To increase taxes on foreign investments

• To protect the UK from harmful foreign investments

• To promote domestic investments

• To reduce government spending

What is the UK government's stance on international investments?

• Indifferent

• Restrictive

• Neutral

• Welcoming

What concern is raised about the retrospective application of the new bill?

• It could increase taxes

• It might discourage international investments

• It could lead to job losses

• It might increase inflation

What assurance is given regarding the retrospective nature of the bill?

• It will apply to all past and future investments

• It will definitely be retrospective

• It will only apply to new investments

• It will not be retrospective