Economy Update

Part of the debate – in the House of Commons at 12:28 pm on 5th November 2020.

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Photo of Harriett Baldwin Harriett Baldwin Conservative, West Worcestershire 12:28 pm, 5th November 2020

Last week, the IMF singled out for praise the UK’s economic response to the coronavirus, citing the timeliness, the speed of response, the generosity and the flexibility of the approach. The managing director said:

“We welcome the continuing efforts the government has made to refine its support measures”.

Does my right hon. Friend also agree with the second part of what the IMF said last week, which is that over the medium to long term, we do need to put the UK public finances back on a sustainable footing?