As the hon. Gentleman knows, we will publish updated forecasts at the time of the Budget, as normal. They will include a full assessment of developments and prospects for the United Kingdom and the global economy.
Just a couple of weeks ago, the Institute for Fiscal Studies said that
"our central forecast is that the UK will avoid deep and prolonged recession thanks to the enormous monetary and substantial fiscal stimuli already announced."
We are taking the action that is needed domestically, which contrasts with the do nothing policies of the hon. Gentleman's party.
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