Written Question·Treasury·UIN 1369

Economic Growth

Tabled: 23 July 2024
Answered: 29 July 2024
Named Day

Question

Laura Trott

ConservativeSevenoaks

To ask the Chancellor of the Exchequer, with reference to her speech of 8 July 2024, whether estimates of growth were based on assumptions made by (a) special advisers and (b) Ministers; and if she will publish assumptions provided to officials to underta

Answer

Darren Jones
The Chancellor said that, had the UK economy grown at the average rate of OECD economies over the fourteen years from 2010, it would be £143.3 billion larger. This is a comparison based on outturn data, not requiring assumptions. A methodological note set...

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