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.

Commons Briefing Papers

DateDescription
26.09.2016Gross Domestic Product (GDP): Key Economic Indicators
UK Gross Domestic Product: Regularly updated data on growth and forecasts.
26.09.2016Financial Indicators: Key Economic Indicators
Financial Indicators: Data from FTSE100, as well as oil prices and gold prices.
23.09.2016Business and Consumer Confidence: Key Economic Indicators
Business and Consumer Confidence: Information on business and consumer confidence surveys, which is generally released ahead of official statistical data and can indicate changes to the economic outlook as well as turning points in the economic cycle.
23.09.2016GDP - International Comparisons: Key Economic Indicators
GDP International Comparisons: data and forecasts for the UK and the world's largest economies.
21.09.2016Government borrowing, debt and debt interest: statistics
This is a purely statistical note on public sector borrowing (the budget deficit), public sector debt and government debt interest payments.
21.09.2016Public Finances: Key Economic Indicators
Latest data on net borrowing and net debt. This includes provisional estimates for 2015/16.
16.09.2016Household Debt: Key Economic Indicators
Household debt: Data on the latest household debt statistics, including net lending, mortgage interest rates and insolvencies.
15.09.2016Retail sales: Key Economic Indicators
Retail sales: key indicators on the value of retail sales.
15.09.2016Service industries: Key Economic Indicators
Service industries: Data incorporating the retail sector, the financial sector, the public sector, business administration and cultural activities.
15.09.2016Inflation: International: Key Economic Indicators
Inflation: International: Harmonised Index of Comsumer Prices data on international inflation rates.

Lords Library Notes

DateDescription
22.04.2016Rural Economy: Key Statistics and Recent Developments
This Lords Library briefing provides key statistics on the rural economy and a summary recent developments.
18.03.20162016 Budget: Overview and Reactions
This Lords Library briefing provides a summary of 2016 Budget announcements and the immediate reaction.
21.08.2015Productivity in the United Kingdom and the British Economy Beyond Austerity
This Library Note provides background information on the approach set out in the Conservative Party manifesto to economic and fiscal policy and summarises recent forecasts for the economy. In addition, it provides background information on the UK's productivity performance and summarises the main elements of, and both political and other reaction to, the Government's productivity plan. It has been written to support the debates in the House of Lords on the subjects of the Government's productivity plan and the 'British economy beyond austerity' scheduled to take place on 8 and 10 September 2015, respectively.
16.07.2015Debate on the Budget Statement
This Library Note provides background information on the Budget Statement which was delivered by the Chancellor of the Exchequer, George Osborne, on 8 July 2015. The Note provides a brief overview of some of the key Budget measures, before outlining the immediate reaction to the statement as expressed by members of the House of Commons and by a selection of organisations and commentators. It has been written to support the debate in the House of Lords on this subject scheduled to take place on 21 July 2015.
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.

POSTnotes

DateDescription
30.03.2015Measuring Living Standards
This POSTnote outlines different approaches to setting and measuring thresholds and their strengths and limitations. It also summarises research on recent trends in living standards and the key factors that influence them.

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 ...

Glossary

  • Commons Briefing Papers (CBP) Papers providing in-depth and impartial analysis on every major piece of primary legislation and on other topics of public and parliamentary concern. Regular statistics papers are also published.
  • Early Day Motions (EDMs) - formal motions submitted by MPs in the House of Commons
  • POSTnotes (POST PN) - proactive four-page policy briefings from the Parliamentary Office of Science and Technology based on reviews of the research literature, interviews with stakeholders and peer review, commissioned by the POST Board
  • Lords Library Notes (LLN) - authored publications by the research section of the House of Lords Library that provide analysis of Bills, subjects for debate in the House and other issues of interest to Members.
  • Select Committee Reports - papers produced by all select committees of both Houses