Source · Select Committees · Treasury Committee
Recommendation 30
30
Acknowledged
One of the clear strengths of the Treasury’s response in the initial stages of the...
Recommendation
One of the clear strengths of the Treasury’s response in the initial stages of the crisis has been its willingness to listen and adjust its policies in response to feedback. However, we are disappointed in its refusal to implement recommendations from our first Report and hope that this does not indicate growing intransigence going forward. The continued uncertainty about the virus and the impact on economic recovery means that the Chancellor must show continued flexibility in his measures. (Paragraph 193) Economic impact of coronavirus: the challenges of recovery 59
Government response summary AI-generated
The government states it remains alert and ready to adapt its approach, continuing to monitor trends and ensuring its economic response evolves to provide necessary support, aligning with the call for continued flexibility.
Summary of the government's response below — read the verbatim text to verify.
Government Response
Acknowledged
HM Government · verbatim extract
Acknowledged
We remain alert to the needs of people and stand ready to adapt our approach to match the situation. The Treasury is continuing to monitor trends in consumer spending and our economic response will continue to evolve and adapt to ensure the economy gets the support it needs at the right time.
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