Lord Bethell
Main Page: Lord Bethell (Conservative - Excepted Hereditary)Department Debates - View all Lord Bethell's debates with the HM Treasury
(1 day, 19 hours ago)
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Lord Livermore (Lab)
The points the noble Lord makes are perfectly fair. Obviously, the Chancellor has to balance at any fiscal event the importance of fiscal responsibility and sustainability and the need to grow the economy. She will do so in the forthcoming Budget in the way that she always does.
Lord Bethell (Con)
I will always be grateful to the Minister for his historic observations about GDP per capita. But what is the current GDP per capita, and how is its growth developing over time? Will the Minister please acknowledge that efforts on these Benches on the planning Bill are constructive, supportive and well within the bounds of reasonable parliamentary scrutiny?
Lord Livermore (Lab)
I do not think the noble Lord’s comments about the planning Bill would stand up to a moment’s scrutiny in the outside world. In answer to his specific question, GDP per capita is forecast by the OBR to rise by 5.6% over the course of this Parliament.