Economy: Bank of England Forecasts Debate

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Lord Kakkar

Main Page: Lord Kakkar (Crossbench - Life peer)

Economy: Bank of England Forecasts

Lord Kakkar Excerpts
Wednesday 13th May 2020

(4 years, 7 months ago)

Lords Chamber
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Baroness Penn Portrait Baroness Penn
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We are keen that all planning decisions are made in a timely way. Construction is one of the sectors where we have provided Covid-secure guidance to allow people to get back to work, safe in the knowledge that they will be returning to safe workplaces.

Lord Kakkar Portrait Lord Kakkar (CB)
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My Lords, I draw attention to my declared interests. Economic and population health modelling has suggested that regular, routine and repeated testing for the SARS-CoV2 virus of the entire population, rather than just symptomatic individuals and their contacts, could facilitate mass labour participation and the necessary consumer behaviour required to maximise economic activity ahead of widespread vaccination. What assessment have Her Majesty’s Government made of this approach?

Baroness Penn Portrait Baroness Penn
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The Government are clear that “test, track, trace, isolate” will be a core part of the next phase of our response. We will seek to do this in different ways, and to learn lessons from previous pandemics and approaches in other countries. For example, we are using asymptomatic testing in health and care home settings to help reduce the spread of this disease.