Public Health Restrictions: Government Economic Support - Commons Urgent Question

Part of the debate – in the House of Lords at 1:28 pm on 15th October 2020.

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Photo of Baroness Penn Baroness Penn Baroness in Waiting (HM Household) (Whip) 1:28 pm, 15th October 2020

My Lords, I do not want to speculate too much about what may happen months into the future. That seems a long time away from where we are now, given the pace of change. We need to distinguish between the short term, when we must do everything that we can to support the economy while we fight the pandemic, and the medium term, when we will need to get public finances back on a sustainable footing. My honourable friend the Chancellor announced today the work at G20 level of international co-operation for the economic response to this crisis.