Lord Whitty
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(3 years, 6 months ago)
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Lord Whitty (Lab) [V]
My Lords, I have a few key questions for the Minister and the Chancellor, because the answers do not exactly spring from the pages of the glossy Budget document, nor from the Minister’s own speech. However, there are some rather worrying hints from the OBR.
First, on post-Brexit trade with the EU, this morning we saw how dire the fall in trade during January was, in both directions, even when grace periods are still operating. However, it is more important to focus on the medium term. Last week, we also saw an authoritative study from the LSE predicting that UK-EU exports will fall by one-third in the medium term. What proportion of pre-Brexit exports for goods, food and services do the Government believe will be the settled post-pandemic level?
On jobs and work patterns, post lockdown, do the Government assume that we will all revert to the status quo or will there continue to be substantial working at home or hybrid working? If so, what are the implications for our city centres, because empty offices hit retail and hospitality outlets hard? What proportion of those currently on furlough are likely to get their jobs back, or do the Government believe that the largely lower-paid jobs which have been vacated by EU citizens going home will be filled by newly unemployed UK citizens and residents?
On public services, Covid has thrown up a number of social crises that would normally have to be handled by local services—social care, mental health, housing, education and family breakdown. How can local authorities pick up these responsibilities if, of all sectors, it is to be the sector hit most harshly by the revival of austerity problems and policies, as the Chancellor now threatens, with the most disadvantaged areas hit hardest?
Lastly and most vitally, what is the estimated net effect of all Budget measures on UK global emissions of greenhouse gases? A number of things that could have been done in this Budget were not. Meanwhile, I welcome all the new Members to the House and thank them for their maiden speeches.