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Paying for the pandemic

17 March 2021 - Afternoon - Login for venue

Bridget Phillipson MP, Shadow Chief Secretary to the Treasury

We are constantly reminded that the Treasury has spent unstintingly during the pandemic and that we soon need to start to paying this back. A successful recovery plan, however, needs to take account of not just the overdraft. It also needs to provide help to damaged sectors such as hospitality and aviation, and help sectors with enhanced opportunities to take advantage of these. Thus, investment in training, retraining, and investment in vital infrastructure are important, as too is the additional need to address the climate emergency. Key questions therefore are: What is the urgency to repay the money spent? and, Would additional government spending lead to a more robust recovery? Bridget Phillipson MP, Shadow Chief Secretary to the Treasury will lead this expert panel in discussing these issues from the point view of politics and economics.

Speakers:

Bridget Phillipson MP, Shadow Chief Secretary to the Treasury

Andrew Smith, Chief Economist, Industry Forum

Josh Ryan-Collins, Head of Finance and Macroeconomics, Institute for Innovation and Public Purpose, University College London (UCL)

 

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