Economic Growth

(asked on 4th December 2025) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the Organisation for Economic Co-operation and Development Economic Outlook for the United Kingdom, published on 2 December.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 11th December 2025

The Organisation for Economic Co-operation and Development (OECD) is an independent international organisation. The OECD’s forecast following the Budget has upgraded UK growth and reduced inflation for 2026. This follows stronger than expected growth this year, though there is much more to do.

The Budget is boosting economic growth and delivers on the country’s priorities of cutting the cost of living, reducing NHS waiting lists, and driving down our borrowing and debt.

Reticulating Splines