VAT Retail Export Scheme - Question

Part of the debate – in the House of Lords at 12:30 pm on 20 October 2020.

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Photo of Baroness Kramer Baroness Kramer Liberal Democrat Lords Spokesperson (Treasury and Economy) 12:30, 20 October 2020

My Lords, this is kicking an industry when it is already down. As the Minister knows, there is great dispute over the numbers that the Treasury is working on and over the impact of this as an incentive to draw tourists to the UK. Will she consider, at least for a period, leaving the current scheme in place until there is genuine recovery in the tourism industry and in retail? Does she recognise the number of jobs that are at risk if the call that she and the Treasury have made is wrong and we see between 40,000 and 100,000 jobs lost?