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Proceeding contribution from Lord Agnew of Oulton (Conservative) in the House of Lords on Monday, 28 September 2020. It occurred during Ministerial statement on Economy.


Economy

My Lords, I can only reply honestly and say that I do not know whether the support announced last week will be adequate. It depends on simply too many moving parts. We all know that if a vaccine is discovered in the next couple of months it would completely change the game. At the other end of the spectrum, if we had a very bad surge which led to huge levels of hospitalisation, that would push us in the other direction. The Chancellor has been consistent in saying that he will respond to the circumstances.


Secondary information

Type
Proceeding contribution
Reference
806 c23 
Session
2019-21
Chamber / Committee
House of Lords chamber
Subjects
Business Employment Finance Disease control Government assistance NHS Pay Working hours Tax rates and bands Government guaranteed credit Tourism Coronavirus Bounce back loan scheme Screening Small businesses Repayments Tax collection VAT Coronavirus business interruption loan scheme Contact tracing Coronavirus job retention scheme Hospitality industry Self-employment income support scheme
Link
View this Proceeding contribution on hansard.parliament.uk