Seema Malhotra – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Seema Malhotra on 2015-12-07.

To ask Mr Chancellor of the Exchequer, with reference to his Oral Statement of 25 November 2015, Official Report, column 1358, what the evidential basis is for his statement that business investment has grown more than twice as fast as consumption; and if he will make a statement.

Greg Hands

The latest official figures from the Office for National Statistics show that the volume of business investment increased by 30 per cent between Q1 2010 and Q3 2015. Over the same time period, private consumption increased by 11 per cent.