The Bishop of Southwark asked a question on the need to protect the vulnerable in the event of economic downturn on 3rd April 2025, following a government statement on UK-US trade and tariffs:
The Lord Bishop of Southwark: My Lords, I am grateful to the Secretary of State for his cautionary words in the other place, repeated here, about eschewing simplistic solutions and “loud voices”, following the imposition of these arbitrary and unwarranted tariffs, and to the shadow Secretary of State for advocating cool heads. That is vital.
Does the Minister agree that, if the impact of this very regrettable development is to depress economic activity—which is all too likely, sadly—there needs to be a priority assigned to protect the most vulnerable in this country from its effects? Will she further comment on any co-ordinated action with other countries to mitigate the effects on those territories, particularly in the Commonwealth, whose economic resilience is far less than our own?
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