Jim Shannon

Jim Shannon

Democratic Unionist Party — Strangford

Speaking in the House of Commons on 21 April 2026

Debate

Alternative Measures to GDP

Contribution

I commend the hon. Lady for a very commendable speech in setting out what we are trying to achieve. She rightly highlights that, while GDP measures the monetary value of goods and services, it fails to capture critical aspects of life, such as environmental sustainability, income distribution and health. However, it is also a well-established measurement. Does the hon. Lady agree that the Government must ensure that we do not see a new measure that allows failures to be hidden by new definitions?

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