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1701603

registered interest
date	16/04/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Bank of England: Forecasts
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what assessment they have made of the review of Bank of England forecasting led by Ben Bernanke.
tabling member printed	Lord Allen of Kensington
uin	HL3834
answer	answer is ministerial correction date of answer 24/04/2024 answer text <p>The Bank of England has operational independence from the government to carry out its statutory responsibilities for monetary policy and financial stability. The government’s commitment to this independence remains absolute.</p><p> </p> answering member printed Baroness Vere of Norbiton question first answered 24/04/2024 11:40:35 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	4304 label Biography information for Lord Allen of Kensington

1690166

registered interest
date	19/02/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	National Income
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what assessment they have of the underlying cause of the fall in gross domestic product per head in every quarter of 2023, as reported by the Office for National Statistics on 15 February, and what action they are taking to reverse this trend.
tabling member printed	Lord Allen of Kensington
uin	HL2511
answer	answer is ministerial correction date of answer 29/02/2024 answer text <p>The economy has faced an unprecedented series of shocks, including the Covid-19 pandemic and the impact of Russia’s illegal invasion of Ukraine. These have led to challenging economic circumstances.</p><p> </p><p>Looking over a longer timeframe, since 2010 GDP per capita has increased by 12%. Real household disposable income per capita - a more comprehensive measure of household living standards - has grown more than France and Italy since 2010.</p> answering member printed Baroness Vere of Norbiton question first answered 29/02/2024 11:37:45 answering member 4580 label Biography information for Baroness Vere of Norbiton
tabling member	4304 label Biography information for Lord Allen of Kensington