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Written question asked by Duncan Hames (Liberal Democrat) on Wednesday, 18 April 2012, in the House of Commons. It was due for an answer on Tuesday, 24 April 2012. It was answered by Chloe Smith (Conservative) on Tuesday, 24 April 2012 on behalf of the Treasury.

Unemployment

Question
To ask the Chancellor of the Exchequer what assessment he has made of the potential effects of the Budget on local and regional variations in unemployment trends.
Answer

The Office for Budget Responsibility published the official forecast for UK unemployment on 21 March 2012, taking full account of Budget announcements.This forecast was broadly unchanged since the autumn statement, with unemployment expected to fall back from the start of 2013 as growth picks up. The OBR has not published forecasts at the local and regional level.The Government have taken key initiatives to support growth locally and in the regions, by introducing 24 new enterprise zones; allocating £2.4 billion to the Regional Growth Fund and providing £730 million to local enterprise partnerships through the Growing Places Fund and considering powerful incentives for local authorities to go for growth through the Local Government Resource Review.

Secondary information

Type
Written question
Reference
104812; 543 c838W
Session
2010-12
Question not reached
Yes
Subjects
Unemployment
Link
View this Written question on www.publications.parliament.uk