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Her Majesty's Government what is their response to the analysis by the Office for Budget Responsibility that the UK's public finances are ill-positioned to withstand (1) a possible recession, (2) higher inflation, and (3) an increase in interest rates.

answeredUnited Kingdom· UK Parliament· EN

Introduced

18 July 2017

Last action

28 July 2017 · Answer

Status

Answered

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Subjects

Budget

Source updated

28 July 2017

Budget

Summary

Her Majesty's Government what is their response to the analysis by the Office for Budget Responsibility that the UK's public finances are ill-positioned to withstand (1) a possible recession, (2) higher inflation, and (3) an increase in interest rates.

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Timeline

  1. 18 July 2017

    Written question

    Her Majesty's Government what is their response to the analysis by the Office for Budget Responsibility that the UK's public finances are ill-positioned to withstand (1) a possible recession, (2) higher inflation, and (3) an increase in interest rates.

    Source: Lords

  2. 28 July 2017

    Answer

    The Office for Budget Responsibility’s (OBR) Fiscal Risks Report demonstrates that the public finances remain vulnerable to shocks. To enhance our resilience to such shocks it is vital that we get debt falling. To this end, we remain committed to bringing...

    Source: Written answer

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