Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the effect of the increase in employer National Insurance contributions and of the tax changes in the Autumn Budget 2024 on private sector investment.

Forecasting the economy, including the impact of Government policy decisions, is the responsibility of the independent Office for Budget Responsibility (OBR).

The OBR does not routinely publish estimates of the impact of individual policy measures on private sector investment. The October 2024 Economic and Fiscal Outlook – in particular paragraphs 3.67 to 3.73 – discuss the impact of the Budget package as a whole on the economy. [1]

[1] You can access the link to the October 2024 Economic and Fiscal Outlook here: https://obr.uk/efo/economic-and-fiscal-outlook-october-2024/