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London’s Economic Recovery: Covid-19
23 October 2020
Lead MP
Felicity Buchan
Debate Type
Adjournment Debate
Tags
EconomyEmploymentParliamentary Procedure
Other Contributors: 1
At a Glance
Felicity Buchan raised concerns about london’s economic recovery: covid-19 in the House of Commons. A government minister responded. Other MPs also contributed.
How the Debate Unfolded
MPs spoke in turn to share their views and ask questions. Here's what each person said:
Lead Contributor
Opened the debate
Thanking Mr Deputy Speaker for allowing the debate, Felicity Buchan highlighted the critical importance of reviving the London economy due to its significant contribution to the UK's tax revenue and overall economic health. She pointed out that London contributes 25% of all taxes to the Exchequer and £436.5 billion in gross value added. The central London economy, however, is suffering from a decline in commuters and international visitors, with only 41% back at work according to Greater London Authority data. She criticised the Mayor of London for undermining confidence by extending the congestion charge and advocated for increased support for businesses affected by this decision. Buchan expressed concern about the loss of tax-free shopping which could deter international tourists from visiting central London. She called on the Government to review measures such as tier 2 restrictions and the 10 pm curfew, emphasising that regaining confidence among commuters and visitors is crucial for economic recovery.
Paul Scully
Con
Hammersmith
Congratulating Felicity Buchan on securing the debate, Paul Scully emphasised the need to remember that London consists of diverse areas and advocated for a three-part recovery plan addressing short-term, medium-term and long-term needs. He stressed the importance of boosting confidence among residents and visitors while highlighting the economic impact of central London's industries such as culture and hospitality.
Government Response
Mr Nigel Evans, in his capacity as Chair of Ways and Means, extended wishes for a restful recess to all Members and staff. He did not provide specific details or funding commitments regarding the London economy but reiterated the Government's commitment to saving lives while restoring livelihoods through economic support measures valued at over £200 billion. The Minister stressed the need for adherence to public health guidelines such as social distancing, mask-wearing and hand hygiene in order to facilitate a safe return to normal activities.
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