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United Kingdom · Question · Written question

UIN 78680

Taxation: G7

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

3 November 2022

Last action

10 November 2022 · Answer

Status

Answered

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Subjects

Taxation

Source updated

10 November 2022

Taxation

Summary

To ask the Chancellor of the Exchequer, if he will make an assessment of the potential impact of tax rates in other G7 countries on economic growth in the UK since June 2021.

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Timeline

  1. 3 November 2022

    Written question

    To ask the Chancellor of the Exchequer, if he will make an assessment of the potential impact of tax rates in other G7 countries on economic growth in the UK since June 2021.

    Source: Commons

  2. 10 November 2022

    Answer

    The UK is an open economy and so its economic growth will be affected by developments in its trading partners, including any impact from their fiscal policy. Despite global headwinds, the UK economy was the fasting growing economy in the G7 last year acco...

    Source: Written answer

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