Proceeding contribution from Andrew Love (Labour) in the House of Commons on Monday, 29 November 2010. It occurred during Ministerial statement on Autumn Forecast.
Autumn Forecast
In reference to the answer to my hon. Friend the Member for Streatham (Mr Umunna), the Chancellor, through the OBR, is suggesting that there will be 8% growth in business investment yet there is scant sign of it at present? Net trade, it has been suggested, will increase by 6% in each of the next four years yet, according to the Governor of the Bank of England, there are doubts about whether the euro area or the United States will deliver the sort of export growth that is being suggested. Is not the Chancellor just a little worried about the optimism in the estimates and is he concerned about whether they will be delivered over the next four years?
Secondary information
- Type
- Proceeding contribution
- Reference
- 519 c542
- 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
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