1-20 of 38 results for subject:Forecasts
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To ask Her Majesty’s Government, in the light of the latest revised forecast by the International Monetary Fund for the British economy, whether the Chancellor of the Exchequer still has confidence in its forecasting.
To ask Her Majesty’s Government, in the light of the latest revised forecast by the International Monetary Fund for the British economy, whether the Chancellor of the Exchequer still has confidence in its forecasting.
Britain’s long term economic plan is working, boosting economic security for Britain’s hardworking people. The economy is growing, the deficit has fallen by a third and there are record levels of people in work. But the job is not done and the biggest risk now to the recovery would be abandoning the plan that is delivering a brighter economic future.
The Government’s strategy is to restore the public finances to a sustainable path and the UK is seen as a relative safe haven, with interest rates remaining historically low helping keep interest payments down for households, businesses and the taxpayer.
The IMF set out their latest forecasts in the October 2014 World Economic Outlook. The publication recognises the Government’s long term economic plan is working, that the UK is growing and leaving the crisis behind. The IMF project the UK economy to be the fastest growing G7 economy in 2014, at 3.2 per cent and 2.7 per cent in 2015. Furthermore, the IMF recognise that fiscal consolidation undertaken during the past few years has built trust among financial investors that current fiscal paths are sustainable.
Underlying data to Chart B.5 on page 97 of the Budget 2014 Red Book in (a) percentage of gross domestic product and (b) £ million. 1 p.
Underlying data to Chart B.5 on page 97 of the Budget 2014 Red Book in (a) percentage of gross domestic product and (b) £ million. 1 p.
To ask Her Majesty’s Government what assessment they have made of the Office for Budget Responsibility's revised forecasts of the tax revenues from North Sea oil; what is their estimate of the fiscal implications of those revised forecasts for an independent Scotland; whether they expect tax revenues from North Sea...
To ask Her Majesty’s Government what assessment they have made of the Office for Budget Responsibility's revised forecasts of the tax revenues from North Sea oil; what is their estimate of the fiscal implications of those revised forecasts for an independent Scotland; whether they expect tax revenues from North Sea...
The independent Office for Budget Responsibility (OBR) has set out the basis for its forecasts of oil and gas tax revenues in the Fiscal Sustainability Report. The forecast shows that these tax receipts, as a share of GDP, are set to decline by 84 per cent over the forecast period. The government has not made a separate assessment of these forecasts.
The OBR has not published an assessment of what the fiscal position of a separate Scotland would be. However, other independent experts have estimated that in 2016-17, a separate Scotland would have a deficit (per person) of more than twice that of the UK.
HM Treasury has estimated that each person in Scotland is £1,400 a year better off in the UK. That’s equivalent to around two thirds of the total NHS budget in Scotland, or almost as much as Scotland’s entire education budget.
The OBR’s new, lower, oil and gas tax receipts forecast only make a separate Scotland’s fiscal position tougher. In the UK, as part of a larger country, we can pool resources and share risks. This means that public spending in Scotland can remain secure and stable, even as revenues from oil and gas are volatile.
Letter dated 17/06/2014 from Baroness Kramer to Lord Birt regarding the percentage of GDP which is going to be invested in infrastructure under the Government's plans, as raised during the Queen's Speech debate. 2p.
Letter dated 17/06/2014 from Baroness Kramer to Lord Birt regarding the percentage of GDP which is going to be invested in infrastructure under the Government's plans, as raised during the Queen's Speech debate. 2p.
I. Letter dated 27/05/2014 from George Osborne MP to Andrew Tyrie MP regarding publication of an updated OBR and HM Treasury framework document. 1 p. II. Office for Budget Responsibility and HM Treasury: framework document. 38 p.
I. Letter dated 27/05/2014 from George Osborne MP to Andrew Tyrie MP regarding publication of an updated OBR and HM Treasury framework document. 1 p. II. Office for Budget Responsibility and HM Treasury: framework document. 38 p.
Letter dated 21/5/2014 from Baroness Kramer to Lord Rosser regarding issues raised during the debate on the National Networks National Policy Statement (NPS) on 8 May 2014. 2p.
Letter dated 21/5/2014 from Baroness Kramer to Lord Rosser regarding issues raised during the debate on the National Networks National Policy Statement (NPS) on 8 May 2014. 2p.
Letter dated 21/05/2014 from Baroness Kramer to Lord Bradshaw regarding the debate on the National Networks National Policy Statement (NPS) on 8 May 2014. Incl. annex. 6p.
Letter dated 21/05/2014 from Baroness Kramer to Lord Bradshaw regarding the debate on the National Networks National Policy Statement (NPS) on 8 May 2014. Incl. annex. 6p.
Letter dated 21/05/2014 from Baroness Kramer to Lord Berkeley regarding issues raised during the debate on the National Networks Policy Statement on 8 May 2014. Incl. annex. 4p.
Letter dated 21/05/2014 from Baroness Kramer to Lord Berkeley regarding issues raised during the debate on the National Networks Policy Statement on 8 May 2014. Incl. annex. 4p.
My Lords, this is a slightly odd way of starting a debate, when the national policy statement is after all a government document and when the Minister has not had a chance to explain to the House what it is about—after which I could have said what I like and...
My Lords, this is a slightly odd way of starting a debate, when the national policy statement is after all a government document and when the Minister has not had a chance to explain to the House what it is about—after which I could have said what I like and...
My Lords, while we are debating the improvements to the national networks, I first ask whether we are really certain that we are maintaining properly the roads we already have. By maintaining, I mean structural maintenance on the secondary network and something rather better than the routine filing and refilling...
My Lords, while we are debating the improvements to the national networks, I first ask whether we are really certain that we are maintaining properly the roads we already have. By maintaining, I mean structural maintenance on the secondary network and something rather better than the routine filing and refilling...
My Lords, I wish to say a few words in the gap. I declare my interests as in the register.
Frankly, I thought this was a rather unimpressive document. I learnt the little bit I know about transport at the feet of the great Ernest Marples, who was arguably one of...
My Lords, I wish to say a few words in the gap. I declare my interests as in the register.
Frankly, I thought this was a rather unimpressive document. I learnt the little bit I know about transport at the feet of the great Ernest Marples, who was arguably one of...