The Office for Budget Responsibility has forecast that there will be no net increase in net trade, so the export-led recovery simply will not happen. It has also said that the recovery is too dependent on consumer expenditure, and that as long as real wages do not increase—and it predicts that they will not increase very fast—that simply cannot continue.
Finance (No.2) Bill
Proceeding contribution from
Andrew Love
(Labour)
in the House of Commons on Tuesday, 8 April 2014.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Finance (No.2) Bill.
Type
Proceeding contribution
Reference
579 c166
Session
2013-14
Chamber / Committee
House of Commons chamber
Librarians' tools
Timestamp
2014-04-14 14:59:14 +0100
URI
http://hansard.intranet.data.parliament.uk/Commons/2014-04-08/14040849000479
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