Lord Cormack
Main Page: Lord Cormack (Conservative - Life peer)(1 year, 8 months ago)
Lords ChamberThe noble Lord is ingenious in what he brings up. It is fair to say that the value of the pound has helped in bringing tourists to London. I say again that London right now is full of people from abroad walking around—and also from the domestic side, despite the fact that the cost of living crisis is hitting the most vulnerable and we are very aware of that.
My Lords, why does my noble friend not exercise a little imagination? He referred to the Coronation; people will flock to this country. Let us have a Coronation bonus period to see whether this really works. I am sure he will then be converted.
I take note of what my noble friend says but, as I say, we have no plans to change this policy.