Economic Growth

(asked on 11th June 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what assessment he has made of the effect of economic inequalities on growth.


Answered by
Harriett Baldwin Portrait
Harriett Baldwin
This question was answered on 18th June 2015

The UK was the fastest growing G7 economy in 2014 and the OECD forecasts that we will be so again in 2015. At the same time, UK income inequality is lower than it was in 2010-11 and living standards are forecast to be higher than they have ever been this year.

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