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Lord Hain (Lab)

Speaking in the House of Lords on 5 February 2025

Debate

Covid Counter-Fraud Commissioner

Contribution

My Lords, can my noble friend ask the commissioner—and maybe take an interest in this himself—about the shortage of yachts for sale at the end of Covid? I was told by one of these yacht owners—this is not something I have ever indulged in—that he could not buy one for love or money. The reason was that people had been given, in his words, “a lot of money” by the Chancellor, particularly if they were running businesses, and were then able to indulge in buying yachts, to the point where they ran out of opportunities to do so. There was clearly something going on there.

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