Economic situation

This page highlights some of the current parliamentary material available on the economic situation. This includes select committee reports, briefing papers on current legislation and other subjects produced by the parliamentary research services, and the latest Early Day Motions put down by MPs.

Standard Notes

DateDescription
30.10.2014GDP and the national accounts: 2014 revisions
The way GDP is measured has changed, with revised figures showing the 2008-2009 recession being slightly less severe than previously thought and the economic recovery stronger.
28.10.2014Quantitative easing
This note sets out the background to the policy, how it is expected to work and some possible issues related to its use.
24.10.2014Gross Domestic Product
UK Gross Domestic Product: Regularly updated data on growth and forecasts.
24.10.2014Financial Indicators
Financial Indicators: Data from FTSE100, as well as oil prices and gold prices.
24.10.2014Unemployment: International Comparisons
Unemployment: International Comparisons: Data on harmonised unemployment rates for major international economies.

Research Papers

DateDescription
15.10.2014Unemployment by Constituency, October 2014
This paper contains labour market figures for parliamentary constituencies, as well as a summary of the latest national and regional statistics.
17.09.2014Unemployment by Constituency, September 2014
This paper contains labour market figures for parliamentary constituencies, as well as a summary of the latest national and regional statistics.
02.09.2014Economic Indicators, September 2014
This paper features analysis of the latest UK and international economic indicators
13.08.2014Unemployment by Constituency August 2014
This paper contains labour market figures for parliamentary constituencies, as well as a summary of the latest national and regional statistics.
05.08.2014Economic Indicators, August 2014
New estimates published in July suggest that GDP grew by 0.8% in Q2 2014 and that GDP has surpassed to its pre-recession peak. The employment rate rose to 73.1%, whilst inflation rose slightly to 1.9%.

Select Committee Reports

DateDescription
01.12.2010Meeting with the Governor of the Bank of England.
Economic Affairs Select Committee (HL) report [Lords]
29.03.2010The effect of the economic downturn on the people in the West Midlands.
West Midlands Select Committee; Communities and Local Government report [Commons]
11.01.2010The effect of the economic downturn on the people in the West Midlands.
West Midlands Select Committee report [Commons]
24.11.2009Banking crisis: regulation and supervision.
Government response. Treasury; Financial Services Authority; Treasury Select Committee report [Commons]
23.11.2009The impact of the current economic and financial situation on businesses in the West Midlands region....
Communities and Local Government; West Midlands Select Committee report [Commons]

Early Day Motions

DateDescription
08.11.2011REBALANCING THE NORTH ECONOMY
That this House congratulates the Sunday Sun on its campaign which calls on the Prime Minister to visit Easington constituency in County Durham, one of the most deprived areas hardest ...
18.10.2011BANKS AND QUANTITATIVE EASING
That this House notes with considerable anger the report in the Financial Times of 18 October 2011 that a commercial bank has sought to manipulate the market in the light of the latest ...
17.10.2011OCCUPY LSX
That this House expresses its support for and solidarity with Occupy LSX, the group of people occupying the steps of St Paul'sCathedral and the occupations in Edinburgh and elsewhere ...
14.07.2011SPACE SCIENCE CONTRIBUTION TO THE BRITISH ECONOMY
That this House notes that space science and exploration, an area of world leadership in the UK's science base, has delivered significant long-term economic benefits, in addition to ...
20.06.2011ANNIVERSARY OF THE BIRTH OF E F SCHUMACHER
That this House notes the centenary of E F Schumacher's birth on 16 August 2011; recognises his outstanding contribution to economics; calls on the Government to implement his vision ...

Lords Library Notes

DateDescription
15.08.2014The Impact of Personal Indebtedness in United Kingdom Households, Especially on Children
This Library Note was prepared for a debate in the House of Lords on the impact of personal indebtedness in UK households, especially on children, which was scheduled to take place on 17 July 2014, but was postponed to a future date.
26.06.2014Consumer Rights Bill (HL Bill 29 of 2014-15)
The Consumer Rights Bill makes provision for the reform of consumer law in the UK and connected areas of law. This Note summarises the Bill's report stage and third reading in the House of Commons.
20.03.2014Budget 2014: Reaction
This Library Note provides a brief summary of the key measures announced on 19 March 2014 in the Chancellor's Budget Statement.
24.12.2012Growth and Infrastructure Bill (HL Bill 72 of 2012-13)
The purpose of the Growth and Infrastructure Bill is to promote investment in infrastructure projects, reduce delays in the planning system and introduce a new employment status of employee shareholder. This Library Note provides background information for the second reading of the Bill in the House of Lords on 8 January 2013.
06.12.2012Autumn Statement 2012: Reaction
This Library Note provides a brief summary of the key measures announced yesterday in the Chancellor's Autumn Statement, before outlining the immediate reaction to the Statement as expressed by the Shadow Chancellor in the House of Commons and by a range of organisations and commentators.
29.06.2012Debate on 5 July: The International Competitiveness of UK Industry, Exporting to Global Markets and Attracting Inward Investment
This Library Note provides background reading for the debate on 5 July on the international competitiveness of UK industry, exports and attracting inward investment.

Glossary

  • Research Papers (RP) - briefings produced by the House of Commons Library on Bills, topical issues and regular statistics
  • Standard Notes (SN) - shorter, topical briefings from the Commons Library
  • Early Day Motions (EDMs) - formal motions submitted by MPs in the House of Commons
  • POST Notes - short briefing notes produced by the Parliamentary Office of Science and Technology
  • Lords Library Notes (LLN) - papers compiled by the House of Lords Library on Bills and for debates in the Lords
  • Select Committee Reports - papers produced by all select committees of both Houses