UCL Institute for Innovation and Public Purpose


IIPP provides evidence at a UK Parliamentary Committee on how to transition to a post-COVID economy

27 May 2020

IIPP Head of Finance and Macroeconomics Josh Ryan-Collins provided evidence at the House of Commons' Treasury Select Committee around the economic impact of Coronavirus earlier this month.

Josh Ryan-Collins Commons Treasury

As the focus of the COVID-19 crisis begins to shift towards rebuilding the economy after two months of lock-down, questions are being asked about the appropriate economic response.  In his oral evidence to the House of Commons’ Treasury Select Committee on this topic on Friday 15 May, IIPP’s Josh Ryan-Collins argued for a job-guarantee scheme to support the hundreds of thousands of citizens facing unemployment.

He also argued that the UK should create a large scale State Investment Bank that could invest equity stakes in large firms facing insolvency and help them save jobs and transition their business models to a post COVID-19, zero-carbon future. Watch the session via the link below - there is an interesting debate between Josh Ryan-Collins and the panel at 16.15h and 16.27h on the State Investment Bank issue specifically. Or read the oral testimony here.

Watch the session