The OBR has today revised down the growth forecast for this year. It is not 3% but 2.4%. Over the five years—which is how we should judge the Chancellor, over his term—it has been one of the weakest growth rates in any of the major economies and the weakest recovery in over 100 years.
Budget Resolutions and Economic Situation
Proceeding contribution from
John Healey
(Labour)
in the House of Commons on Wednesday, 8 July 2015.
It occurred during Budget debate on Budget Resolutions and Economic Situation.
Type
Proceeding contribution
Reference
598 c354
Session
2015-16
Chamber / Committee
House of Commons chamber
Librarians' tools
Timestamp
2022-10-26 09:17:24 +0100
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