The Economy

Part of the debate – in the House of Commons at 3:22 pm on 8th July 2020.

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Photo of Tim Farron Tim Farron Liberal Democrat Lords Spokesperson (Communities and Local Government), Liberal Democrat Spokesperson (Housing, Communities and Local Government), Liberal Democrat Spokesperson (North of England) (Northern Powerhouse), Liberal Democrat Spokesperson (Food and Rural Affairs) 3:22 pm, 8th July 2020

It is important that the right hon. Gentleman’s focus is on jobs. Will he reflect on the fact that the hospitality and tourism industry—the fourth biggest employer in the country and the biggest employer in Cumbria—is now effectively in the middle of three winters in a row? The VAT cut is very welcome. However, 69% of hospitality businesses are not able to open fully, so, with goods and services that they cannot trade, they will get no benefit whatsoever from a tax cut. Does he agree that it is therefore right to invest in a wages and grant package to see the industry through to spring next year, so that it can come out fighting once the demand returns?