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1145054
unstar this property registered interest false more like this
star this property date less than 2019-09-05more like thismore than 2019-09-05
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Exchange Rates more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons remove filter
star this property question text To ask the Chancellor of the Exchequer, what assessment he has made of the potential effect on the exchange rate of Sterling with the Euro in the event that the UK leaves the EU without a withdrawal agreement. more like this
star this property tabling member constituency Stockton South more like this
star this property tabling member printed
Dr Paul Williams more like this
star this property uin 287609 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-09-09more like thismore than 2019-09-09
star this property answer text <p>It is not appropriate for the government to comment on specific currency market movements.</p><p> </p><p>The government accepts the market-based price of sterling and does not have a view on what level this should be. Moreover, speculating on the value of sterling could hurt confidence in our macroeconomic framework.</p><p> </p><p>It is important to remember that the UK’s macroeconomic framework is based on an inflation target, and it is for the independent Monetary Policy Committee to set monetary policy to meet this target.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property question first answered
remove filter
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
4666
star this property label Biography information for Dr Paul Williams more like this