Covid-19: Economic Costs Debate

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Tuesday 28th July 2020

(4 years, 4 months ago)

Lords Chamber
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Baroness Penn Portrait Baroness Penn
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My Lords, the noble Lord is right that the UK has been hard hit by this virus, but I point out to him that that is also why we have one of the most generous fiscal responses in the world, at over £160 billion. The IMF estimates that UK tax and spending support in response to Covid has been greater than that in France, Spain or Italy.

Lord Lexden Portrait The Deputy Speaker (Lord Lexden) (Con)
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My Lords, the time allowed for this Question has now elapsed.