Economic Situation: Coronavirus

(asked on 13th December 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will publish forecasts of the economic impact of the covid-19 restrictions announced on 8 December 2021.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 16th December 2021

On 8 December, the government implemented its Plan B response to managing Covid-19. This was in response to the risks posed by the Omicron variant. The government set out the economic impacts of Plan B in its Autumn and Winter Plan, published in September 2021. Plan B has been designed to help control the spread of the virus while avoiding unduly damaging economic and social restrictions. A full assessment of the measures can be found in the link below.

https://www.gov.uk/government/publications/covid-19-response-autumn-and-winter-plan-2021

HM Treasury does not prepare formal economic forecasts for the UK economy, which are the responsibility of the independent Office for Budget Responsibility (OBR). HM Treasury will continue to conduct macroeconomic analysis to monitor the impacts on the economy from the implementation of Plan B measures.

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