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
22.08.2014Retail sales: economic indicators
Retail Sales: Data on the value of retail sales.
22.08.2014Inflation: International
Inflation: International: Harmonised Index of Comsumer Prices data on international inflation rates.
22.08.2014Inflation
Inflation: Data on both the CPI and RPI inflation indices.
22.08.2014Gross Domestic Product
UK Gross Domestic Product: Regularly updated data on growth and forecasts.
22.08.2014Public Finances
Key data on public sector borrowing and debt. Public sector net borrowing totalled 105.8 billion in 2013/14, 9.3 billion lower than in 2012/13.

Research Papers

DateDescription
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%.
16.07.2014Unemployment by Constituency, July 2014
This paper contains labour market figures for parliamentary constituencies, as well as a summary of the latest national and regional statistics.
01.07.2014Economic Indicators, July 2014
This paper features analysis of the latest UK and international economic indicators.
20.06.2014Unemployment by Constituency, January 2014
This paper contains labour market figures for parliamentary constituencies, as well as a summary of the latest national and regional statistics.

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
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.
15.06.2012Debate on 21 June: Economic Growth Strategy
This Library Note provides background reading in advance of the debate in the House of Lords on 21 June on the Government's growth strategy for the UK economy, summarising the measures so far announced by the Government and commentary on these measures and the UK economic situation from a range of commentators and observers.
07.01.2011Debate on 13 January: Economic and Strategic Role of Turkey
This Library Note provides background reading for the debate on the economic and strategic role of Turkey in Europe and the Middle East.
05.02.2010Fiscal Responsibility Bill (HL Bill 24 of 2009-2010). LLN 2010/005
Fiscal Responsibility Bill (HL Bill 24 of 2009-2010). The Fiscal Responsibility Bill imposes a statutory duty on the Treasury to meet specific targets for the reduction of government borrowing and debt. The Bill gives Parliament a greater role in fiscal policy. It has completed its passage through the House of Commons and is due for its second reading debate in the House of Lords on 10th February 2010. This House of Lords Library Note summarises the second reading debate and the other stages of the Bill's passage through the House of Commons.

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