Skip to main content

Proceeding contribution from Chuka Umunna (Labour) in the House of Commons on Monday, 29 November 2010. It occurred during Ministerial statement on Autumn Forecast.


Autumn Forecast

The Chancellor has said that he sees private sector growth being driven by business investment and by exports. In its report today, the OBR has revised down its forecast for business investment in four of the years between 2010 and 2015. Of course, we have seen the dramatic uncertainties in the eurozone, which is our main export market. If exports and business investment do not turn out to be what he expects, where does he see private sector growth coming from?


Secondary information

Type
Proceeding contribution
Reference
519 c541 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Economic situation Forecasts National income Economic recession Office for Budget Responsibility
Link
View this Proceeding contribution on www.publications.parliament.uk