UK Parliament / Open data

Budget Resolutions

Proceeding contribution from Baroness May of Maidenhead (Conservative) in the House of Commons on Wednesday, 11 March 2020. It occurred during Budget debate on Budget Resolutions.

There is no doubt that, as my right hon. Friend the Chancellor and other speakers have acknowledged, this Budget has had to be delivered against the very difficult background of the coronavirus. We had already seen a slowing in world growth and expectations of that in the coming months, and we have now also seen the negative impacts for economies around the world of the coronavirus. These are not theoretical impacts; we have already seen, through things such as what happened to Flybe, that this is a real, day-to-day issue that has an effect on people’s lives and livelihoods.

Against that background, it must have been difficult to have crafted a Budget, and made the predictions for future Government spending and revenue, let alone dealt with the challenges of preparing and ensuring that we had the best possible background for a post-Brexit Britain, in order to establish that global Britain that we all want to see. Having said that, the Chancellor was absolutely right to deal with coronavirus, to set aside the sums of money as he has suggested and, in particular, to recognise the impact on not only individuals but on businesses and on particular sectors of the business community, such as the hospitality sector.

Type
Proceeding contribution
Reference
673 cc315-7 
Session
2019-21
Chamber / Committee
House of Commons chamber
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