Commons Sense

House of Commons · Ministers' Questions

Covid-19: Economic Support

Tuesday 7 July 2020 · 1 question

Summarised by AI from the official record, so it can contain mistakes.

Read the full transcript on Parliament.uk

At a glance

Answered 1 Partly answered 0 Not answered 0

Key points

  • Margaret Ferrier asked the Chancellor to review the fiscal framework and lift borrowing caps.
  • The Chancellor stated that the Chief Secretary to the Treasury is in constant dialogue with the Scottish Finance Minister.
  • The Chancellor highlighted that strong measures put in place benefit the entire United Kingdom.

Topics (select to filter)

Questions & Answers

Q1 Margaret Ferrier SNP Renfrewshire North
Scotland
Context

The economic impact of coronavirus has not been distributed evenly across the UK economy, and the Scottish Government have limited borrowing powers to stimulate demand.

Question

Will the Chancellor bring forward the review of the fiscal framework, lift the caps on borrowing and give the Scottish Government the tools that they need to invest in Scotland's future?

Answer from Rishi Sunak (Chancellor of the Exchequer)

My right hon. Friend the Chief Secretary to the Treasury is in constant dialogue with his counterpart, the Finance Minister in Scotland, on these issues, but the people of Scotland are able to benefit from the strong measures that we put in place for the entire United Kingdom.

Answered

Not addressed: The Chancellor did not address the specific request regarding lifting borrowing caps and reviewing fiscal frameworks.

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