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United Kingdom · Question · Written question

HL HL2583

Economic Situation

answeredUnited Kingdom· UK Parliament· EN

Introduced

19 February 2024

Last action

28 February 2024 · Answer

Status

Answered

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Discovery layer

Source updated

28 February 2024

Summary

To ask His Majesty's Government what steps they are taking to monitor and mitigate the impact of potential recessionary pressures on household finances and consumer confidence.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 19 February 2024

    Written question

    To ask His Majesty's Government what steps they are taking to monitor and mitigate the impact of potential recessionary pressures on household finances and consumer confidence.

    Source: Lords

  2. 28 February 2024

    Answer

    According to the latest data from the Office for National Statistics, economic output contracted in Q3 and Q4 of 2023. Consumer confidence has since strengthened, and in January 2024 it reached its highest level since January 2022.The OBR has forecast gro...

    Source: Written answer

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