Covid-19: Economic Support

Part of Treasury – in the House of Commons on 7th July 2020.

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Photo of Margaret Ferrier Margaret Ferrier Shadow SNP Spokesperson (Manufacturing)

The economic impact of coronavirus has not been distributed evenly across the UK economy, yet the Scottish Government have extremely limited borrowing powers to stimulate demand and aid recovery in key sectors. A one-size-fits-all approach should no longer be the norm. Will the Chancellor bring forward the review of the fiscal framework, lift the caps on borrowing and give the Scottish Government the tools that they need to invest in Scotland’s future?