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United Kingdom · Question · Written question

HL HL1904

Inflation: Economic Situation

answeredUnited Kingdom· UK Parliament· EN

Introduced

24 January 2024

Last action

7 February 2024 · Answer

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Answered

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Discovery layer

Source updated

7 February 2024

Summary

To ask His Majesty's Government what steps they are taking to mitigate the potential negative impact of the United Kingdom’s current inflation rates on the economy.

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Timeline

  1. 24 January 2024

    Written question

    To ask His Majesty's Government what steps they are taking to mitigate the potential negative impact of the United Kingdom’s current inflation rates on the economy.

    Source: Lords

  2. 7 February 2024

    Answer

    The government has delivered on the Prime Minister’s pledge to halve inflation, which is now at 4.0%, and the OBR expect inflation to return to target in 2025. High inflation holds back growth, which is why alongside remaining steadfast in support for the...

    Source: Written answer

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