Rishi Sunak vows to create jobs and get ‘debt back under control’
The Chancellor addressed party members as part of an online Conservative conference - making a vow to "balance the books" and create more opportunities for jobs moving ahead.
Rishi Sunak has pledged to get borrowing and debt “back under control” as the UK heads into what the Prime Minister is calling a “bumpy” run-in to Christmas.
The Chancellor addressed party members as part of an online Conservative conference – making a vow to “balance the books” and create more opportunities for jobs moving ahead.
Sunak’s furlough scheme is due to end on October 31; replaced by the six-month Winter Economy Plan (which sees the government cover a portion of staff wages for the time they are not working).
The new jobs protection programme has received a mixed response – with some industries claiming they’ve been left without the support they need to survive.
Speaking on Monday morning, Sunak stated: “I have always said I couldn’t protect every job or every business. No chancellor could.
“And even though I have said it, the pain of knowing it, only grows with each passing day.
“So, I am committing myself to a single priority – to create, support and extend opportunity to as many people as I can.
“Because even if this moment is more difficult than any you have ever faced, even if it feels like there is no hope, I am telling you that there is, and that the overwhelming might of the British state will be placed at your service.”
Number 10
The Chancellor admitted there was much work to do, but cited the Kickstart Scheme – which funds wages and tax contributions for employers hiring 16-24-year-olds – as proof of the government’s intention to create opportunities for young people.
Sunak added: “We will not let talent wither, or waste, we will help all who want it, find new opportunity and develop new skills.
“Through more apprenticeships, more training and a lifetime skills guarantee.
“Our Kickstart Scheme will help hundreds of thousands of young people into good quality work.
“And we will help small businesses adapt.
“That’s why we have delivered Government backed loans, tax deferrals and tax cuts.
“In a free market economy it is the entrepreneur, who is critical.
“And we will make it easier for those with the ambition and appetite to take risks and be bold, to do what they do best and create jobs and growth.”
The Chancellor just spoke for 10 minutes, but he had nothing new to say.
❌No new targeted support for millions facing the furlough cliff edge ❌Nothing new for the self-employed ❌Nothing for those excluded so far
He just blew his chance to get a grip on Britain’s jobs crisis.
Shadow Chancellor, Anneliese Dodds, criticised the address, claiming that Sunak had “nothing new to say”.
Dodds wrote on Twitter: “No new targeted support for millions facing the furlough cliff edge. Nothing new for the self-employed. Nothing for those excluded so far.
“He just blew his chance to get a grip on Britain’s jobs crisis”.
News
Major Co-op Live concert cancelled with fans already inside venue
Daisy Jackson
Major Co-op Live gig Jeff Lynne’s ELO has been cancelled this evening – after fans had already entered the venue.
Jeff Lynne’s ELO were set to perform the second of two nights at the huge Manchester venue tonight, as part of their final UK tour.
The Over and Out Tour should have been taking place on both the 9 and 10 July before heading to London’s BST Hyde Park Festival on Sunday.
But the show has been cancelled minutes before the legendary band were due to take to the stage.
Fans had already taken their seats inside the massive Co-op Live Arena when the news broke that the gig would not be able to take place ‘due to illness’.
77-year-old Jeff Lynne himself, who recently broke his hand in an accident, is said to be ‘devastated’ that he is unable to perform.
Jeff Lynne’s ELO has been cancelled at Co-op Live
A statement from the band said: “Unfortunately due to illness tonight’s (Thursday 10th July 2025) scheduled performance of Jeff Lynne’s ELO at the Co-Op Live will not be going ahead.
“Jeff is devastated he cannot perform this evening.
“More information will become available as soon as possible. For refunds please go to your point of purchase.”
According to fans, audiences inside Co-op Live were told the show was cancelled with just 45 minutes to go.
One person wrote: “The concert that never was. Cancelled with 45mins to go. Get well soon Jeff Lynne.”
Literally mins after this picture was taken Jeff Lynn cancelled 😞 @JeffLynnesELO Broke his hand a few days ago and has played the best he can and well done to you ! But then decides to cancel 2nd night n Manchester very last minute ! But it’s ok just ask for a refund !!! 😡 pic.twitter.com/wv1JfWPwk5
Andy Burnham reveals plans to build underground tram and train line in Manchester by 2050
Emily Sergeant
Andy Burnham has announced some ambitious long-term plans to build an underground tram and train line in Manchester.
As Greater Manchester sets its sights on a new era of economic growth, on the way to becoming a ‘second city’ to rival any other on the planet by 2050, Mayor Andy Burnham shared the city region’s blueprint for a ‘greener, fairer future’ this week – with underground transport plans being right the heart of it.
Mr Burnham says his vision for the next decade is to create a ‘thriving’ city region where everyone can ‘live a good life’.
Andy Burnham reveals plans to build an underground tram and train line in Manchester / Credit: TfGM
But it’s public transport where it seems some of the most significant changes are set to be made before 2050 arrives.
The Mayor revealed plans for new bus routes, tramlines, and train stations to connect ‘thriving communities’ across the city region with an integrated lower-cost transport system that’ll help more people get out and access new opportunities.
Construction of a tram stop to service new homes at Victoria North will also start by 2028, it has been confirmed, while work to bring Metrolink to Stockport – which has already been announced to huge support – will begin by 2030.
Two commuter rail lines will join the Bee Network next December as well, with another six joining by 2028.
GM is growing fast.
We will expand @BeeNetwork over the next decade to meet the needs of our bigger economy.
BUT
There’s a limit to what we can do on a congested surface.
It’s why I am asking TfGM to start planning for an underground for GM around a remodelled Piccadilly. pic.twitter.com/k2ozNWw6Wj
The headline-grabbing announcement, though, has to be that Mr Burnham has also announced plans to unlock ‘transformative’ investment in transport infrastructure, so that by 2050, Manchester Piccadilly has an underground tram and train station with a high-speed rail link to Liverpool.
He’s also looking to boost regeneration of the surrounding area, effectively making it ‘the Kings Cross of the North’.
“We’re the UK’s fastest growing economy and stand on the cusp of what I believe could be our best decade since the Victorian era,” commented Mayor Andy Burnham, “and our task for the next decade is to build a platform for success for all our residents.
“Our vision is ambitious, but in my eight years as Mayor, I’ve learned that, when we pull together, there’s nothing we can’t achieve.
“There’s a long and proud tradition of collaboration in Greater Manchester. Devolution has turbocharged that and now we’re ready to deliver a new model of growth where no one is left behind.”