Covid-19 Public Finances 2020-12-01
2020-12-01
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Response quality
Questions & Answers
Q1
Partial Answer
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Context
Reports indicate that the Treasury has conducted an economic impact analysis for various sectors, assigning red, amber, and green ratings based on revenue, jobs, and financial stability. This analysis is significant in understanding the effect of the coronavirus across different parts of the economy.
There are reports that the Treasury has created an economic impact analysis, providing significant detail on the effect of coronavirus across various sectors of the economy. For each sector, this analysis allocates red, amber and green ratings for revenue, jobs and financial stability. Given the vote tonight, may I ask my right hon Friend why that analysis has not been published?
My right hon Friend will have seen the analysis we did publish, which talked specifically about sectoral impact. In the document, there were specific links to the various places that people can find GVA and employment by sector and, indeed, the financial resilience of local businesses at some stages by sector and by region. It is that analysis, as we have said, that will determine the particular economic impact in an area. That information is all provided in the report for people to look at.
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Assessment & feedback
The specific request to publish the detailed analysis with red, amber, and green ratings was not addressed directly.
Response accuracy