Economic Situation: Artificial Intelligence

(asked on 14th July 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will request that the Office for Budget Responsibility model an AI-accelerated productivity scenario alongside potential fiscal risks for (a) climate change, (b) demographic and (c) other trends.


Answered by
Emma Reynolds Portrait
Emma Reynolds
Economic Secretary (HM Treasury)
This question was answered on 17th July 2025
The Office for Budget Responsibility (OBR) is the Government's official independent forecaster responsible for assessing the UK economic and fiscal outlook. All judgements underpinning these forecasts, including estimates of the impacts of Artificial Intelligence (AI), are for the OBR and the OBR has discretion over the contents of its publications.
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