The Chancellor of the Exchequer, Rishi Sunak, delivered a spending review statement on 25 November 2020. The Government said the review’s priorities were “to support the Government’s response to Covid-19, invest in the UK’s recovery and deliver on promises to the British people”. Alongside the spending review, the Office for Budget Responsibility set out its latest forecasts for the economy and for the public finances.
Documents to download
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Infrastructure (Financial Assistance) Bill (HL Bill 43 of 2012–13) (366 KB, PDF)
The Infrastructure (Financial Assistance) Bill would authorise the Government to provide financial assistance of up to £50 billion to support infrastructure projects. This Library Note provides summaries of the debates held in the House of Commons on the Bill at second reading on 17 September 2012 and at committee stage and third reading on 15 October 2012. It should be read in conjunction with the background briefing provided by the House of Commons Library Infrastructure (Financial Assistance) Bill (12 September 2012, RP 12/54).
Documents to download
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Infrastructure (Financial Assistance) Bill (HL Bill 43 of 2012–13) (366 KB, PDF)
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Catch up on economics articles you may have missed from September and October 2020. This month we look at household savings during the Covid-19 pandemic, and whether the furlough scheme is discriminatory.
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The House of Lords is scheduled to debate four statutory instruments relating to the financial services and markets sector on 10 November 2020. Three of them relate to the UK’s withdrawal from the European Union. The House of Lords Secondary Legislation Scrutiny Committee has not raised concerns about any of the regulations. The House of Commons is yet to consider them.
