Thread by @CommonsTreasury

⏳One hour to go until our evidence session with economists on #SpendingReview2020.

We'll hear from:

✅ @jagjit_chadha
✅ @PJTheEconomist
✅ @MSensier
✅ Karen Ward from @JPMorganAM

📺Watch it live at 14:30 here👇

parliamentlive.tv/Event/Index/87…

We're underway with our evidence session with economists on #SpendingReview2020.

📺Watch it live here👇

parliamentlive.tv/Event/Index/87…

Karen Ward tells us that the UK is vulnerable to global interest rate rises.

@MSensier tells us that we need to look at why the UK has had to borrow so much for #coronavirus, which is partly down to not spending enough on preparation for a pandemic.

#spendingreview2020

.@MSensier tells us that the #coronavirus pandemic has exacerbated the regional inequalities that exist throughout the UK.

.@jagjit_chadha tells us that #Brexit has been called the "Heineken shock" as it reaches parts of the economy that #coronavirus hasn't reached.

.@MSensier tell us that the £12bn announced by the Prime Minister for a 'green industrial revolution' is not enough to kickstart a 'green recovery', comparing it to Germany investing €40bn and France investing €30bn.

That's all for today. Many thanks to all of our witnesses for taking part in our session on #spendingreview2020.

📺You can watch the session on demand here👇

parliamentlive.tv/Event/Index/87…