Prime Minister's question asked in the House of Commons, by Michael Meacher (Labour). It was answered on Wednesday, 15 July 2015 on behalf of the Prime Minister.
Engagements
- Question
-
Q13
.
Mr Michael Meacher (Oldham West and Royton) (Lab):
If this is such a great economic recovery, why are wages still 6% below the pre-crisis level of seven years ago? Why was the growth rate in the last quarter a mere 0.4%? Why has productivity been flat for five years? Why is UK investment as a proportion of GDP one of the lowest in the world? And why is the balance of payments in traded goods now in deficit by £100 billion a year?
- Answer
-
If the right hon. Gentleman wants to know why, there are two words: ask Gordon. But if he wants to know what is actually happening in our economy, let me tell him. The deficit has been halved from its peak—[Interruption.]
Secondary information
- Type
- Oral question
- Reference
- 598 cc891-1057
- Session
- 2015-16
- Oral question type
- 1st Supplementary
- Chamber / Committee
- House of Commons chamber
- Subjects
- Economic situation
- Link
- View this Prime Minister's question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-13 18:06:35 +0000
- URI
- http://hansard.intranet.data.parliament.uk/Commons/2015-07-15/15071540001247
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://hansard.intranet.data.parliament.uk/Commons/2015-07-15/15071540001247
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://hansard.intranet.data.parliament.uk/Commons/2015-07-15/15071540001247