Speeches

Owen Thompson – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Owen Thompson on 2016-02-24.

To ask Mr Chancellor of the Exchequer, what assessment he has made of the implications for his Department’s policies of the findings of the most recent OECD Interim Economic Outlook.

Harriett Baldwin

The OECD forecasts show the cocktail of risks facing the world this year, with expectations for global growth downgraded in 2016 and 2017. This is expected to have an impact on the UK as well, but we are forecast to be the fastest growing G7 economy this year.

We need to keep taking action to restore order to the public finances and deliver economic security for working people.