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Lords debates economic resilience in the social capital of the UK

10 June 2022

stack of pound coins

On Thursday 9 June, members of the House of Lords debated the increasing cost of living, the level of economic resilience in the social capital of the United Kingdom, and the case for the government to take further steps to address these issues.


Lord Eatwell (Labour), Emeritus Professor of Financial Policy, University of Cambridge, put forward the debate.

This was a general debate. During debates, members put their experience to good use to discuss current issues and draw the government's attention to concerns.    

Members speaking   

Members speaking in the debate included:   

  • Baroness Kramer (Liberal Democrats), Lords Liberal Democrat Spokesperson for Treasury and Economy
  • Lord Desai (Non-affiliated), Advisory Board, Official Monetary and Financial Institutions Forum
  • Lord Tunnicliffe (Labour), Lords opposition spokesperson for the Treasury.

Baroness Penn (Conservative), Baroness in Waiting (Government Whip) responded on behalf of the government.

Get involved   

Watch and read the debate  

Catch up on Parliament TV or read the Lords Hansard transcript.   

Explore background information  

Find out more about the issues the debate covers in the House of Lords Library briefing.  

Learn more about how the House of Lords checks and challenges government.

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