UK Parliament / Open data

Economy Update

Proceeding contribution from Steve Barclay (Conservative) in the House of Commons on Wednesday, 16 June 2021. It occurred during Ministerial statement on Economy Update.

I agree with my hon. Friend that the plan for jobs is working. We see that in the furlough data from the end of April, which is the last set of data that we have. There were 3.4 million people on furlough—down from a peak of 8.7 million—which shows the effectiveness of that. Output grew by 2.3% in April, and there was growth of 2.1% in March. Again, one can see the trajectory and the improvement there. Indeed, GDP data so far through 2021 has come out above the Office for Budget Responsibility forecast. There is still much work to do, but my hon. Friend can take comfort from the trajectory, which shows that the plan is indeed working.

Type
Proceeding contribution
Reference
697 c315 
Session
2021-22
Chamber / Committee
House of Commons chamber
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