Rt Hon. Mel Stride MP, Chair of the Treasury Committee, comments on the economic analysis of lockdown measures that HM Treasury has just published:
“On a number of occasions, I’ve requested from the Chancellor and Treasury officials that they publish an analysis of the economic impacts of the three tiers.
“With little over 24 hours until MPs vote on the new tiered system, this rehashed document offers very little further in economic terms other than that which the OBR published last week.
“It’s frustrating that there is little here that sets out how the different tiers might impact on the specific sectors and regions across the country.
“Those looking for additional economic analysis of the new tiered system will struggle to find it in this document.”