L

Lord Livermore (Lab)

Speaking in the House of Lords on 1 June 2026

Debate

Middle East: Economic Response

Contribution

I am grateful to the right reverend Prelate. As he will know, the Government set out their plans for the aid budget in the last spending review. He is absolutely right that the conflict in the Middle East poses very significant challenges to the world economy and to many of the people in the region and beyond. We do not yet know what the full impact of the conflict will be; that will depend on its severity and duration. Likewise, the Government have been very clear that this war is a mistake that will bring significant extra costs to bear, not only on the British people but on people right around the world, as the right reverend Prelate said.

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