HC 870 - Autumn Statement 2014

HC 870 - Autumn Statement 2014
Author :
Publisher : The Stationery Office
Total Pages : 88
Release :
ISBN-10 : 9780215081537
ISBN-13 : 0215081536
Rating : 4/5 (536 Downloads)

Book Synopsis HC 870 - Autumn Statement 2014 by : Great Britain. Parliament. House of Commons. Treasury Committee

Download or read book HC 870 - Autumn Statement 2014 written by Great Britain. Parliament. House of Commons. Treasury Committee and published by The Stationery Office. This book was released on 2015 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Treasury has again been unable to provide all the information needed by deadlines agreed with the OBR. The Government may, as the Chairman of the Office for Budget Responsibility suggested, have decided that for political reasons this was a "price worth paying." This would set an undesirable precedent. The work of the Office for Budget Responsibility depends on the Treasury meeting the agreed deadlines. The Committee welcomes the OBR's innovation of providing uncertainty ratings for policy costings. The Committee recommends in future that the OBR publish a breakdown of the uncertainty rating assessment against the three criteria for all announced measures at Autumn Statements and Budgets. The Committee also welcomes the Government's continued publication of the distributional analysis of the Government's policy changes and recommends that the next Government continue with this important aid to transparency. The current inflation target set by the Government is symmetrical, and is 2 per cent at all times. Several witnesses alluded to the risks of very low inflation and subsequent deflation, including the Chancellor. The Chancellor has publicly welcomed the current level of inflation. This is not likely to help anchor inflationary expectations. The Governor of the Bank of England is required to write to explain to the Chancellor why inflation has fallen below 1 per cent. It is important to avoid mixed messages on inflation targeting. The Bank of England should undertake research on the effect of net migration, and the potential for future net migration, on the supply of labour and wage growth as part of the work on meeting the MPC's remit. The Treasury should ensure that discussions within Government on immigration policy fully consider the requirements of the economy.


HC 870 - Autumn Statement 2014 Related Books

HC 870 - Autumn Statement 2014
Language: en
Pages: 88
Authors: Great Britain. Parliament. House of Commons. Treasury Committee
Categories: Business & Economics
Type: BOOK - Published: 2015 - Publisher: The Stationery Office

DOWNLOAD EBOOK

The Treasury has again been unable to provide all the information needed by deadlines agreed with the OBR. The Government may, as the Chairman of the Office for
HC 881 - Press Briefing of the FCA's Business Plan for 2014/15
Language: en
Pages: 87
Authors: Great Britain. Parliament. House of Commons. Treasury Committee
Categories: Business & Economics
Type: BOOK - Published: 2015 - Publisher: The Stationery Office

DOWNLOAD EBOOK

On the evening of 27 March 2014, the Daily Telegraph published an article on its website describing a forthcoming thematic review by the Financial Conduct Autho
HC 891 - The UK's EU Budget Contributions
Language: en
Pages: 24
Authors: Great Britain. Parliament. House of Commons. Treasury Committee
Categories: Business & Economics
Type: BOOK - Published: 2015 - Publisher: The Stationery Office

DOWNLOAD EBOOK

On 17 October 2014, the European Commission informed HM Treasury that the UK would have to make an additional contribution to the EU budget of approximately 2.1
HC 204 - Conduct and Competition in SME Lending
Language: en
Pages: 117
Authors: Great Britain. Parliament. House of Commons. Treasury Committee
Categories: Business & Economics
Type: BOOK - Published: 2015 - Publisher: The Stationery Office

DOWNLOAD EBOOK

Small and medium sized enterprises (SMEs) form a large part of the UK economy. According to official statistics, there were 5.243 million private sector busines
HC 514 - Reviewing the Office for Budget Responsibility
Language: en
Pages: 25
Authors: Great Britain. Parliament. House of Commons. Treasury Committee
Categories: Business & Economics
Type: BOOK - Published: 2016 - Publisher: The Stationery Office

DOWNLOAD EBOOK

The Budget Responsibility and National Audit Act 2011 requires that the OBR be externally reviewed at least once every five years. Legislation requires that the