UK Gross Domestic Product Debate

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Department: HM Treasury

UK Gross Domestic Product

Jack Brereton Excerpts
Monday 13th June 2022

(1 year, 10 months ago)

Commons Chamber
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John Glen Portrait John Glen
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No, I think there is a pretty clear consensus that the rapid wind-down of the testing had a significant effect—around 0.5% of GDP. If that had not happened, we would have seen very modest growth during this past month.

Jack Brereton Portrait Jack Brereton (Stoke-on-Trent South) (Con)
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A recent report shows that Stoke-on-Trent is set to grow jobs third-fastest, so does my hon. Friend agree that the record of this Government economically should be judged by our jobs miracle and in particular our efforts to level up our whole country with better skills and better paid employment right across it?

John Glen Portrait John Glen
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Absolutely. It is clear we are seeing the best unemployment figures for well over a generation. It is very pleasing to see the impact that is having on constituencies such as that of my hon. Friend. It is important that we build on that and look to increase that investment to get businesses investing in new capital and more productive jobs to increase productivity in the economy as a whole.