Only a few days to go: We’re raising £25,000 to keep TheyWorkForYou running and make sure people across the UK can hold their elected representatives to account.

Donate to our crowdfunder

Economy: Growth

House of Lords written question – answered on 15th October 2012.

Alert me about debates like this

Photo of Lord Dykes Lord Dykes Liberal Democrat

To ask Her Majesty's Government how they will encourage private companies to promote growth and consumer demand.

Photo of Lord Sassoon Lord Sassoon The Commercial Secretary to the Treasury

The Government have set out a comprehensive strategy to achieve strong, sustainable and balanced growth that is more evenly shared across the country and between industries in the Government's Plan for Growth1. This strategy is about supporting private sector-led growth and will be delivered through sustained deficit reduction, monetary activism and supply-side reforms.

The Government's deficit reduction programme will provide the macroeconomic stability required to help support business confidence and boost consumer demand.

1 The Plan for Growth can be found by visiting the Treasury's website at: http://cdn.hm-treasury.gov.uk/2011budget_growth.pdf.

Does this answer the above question?

Yes1 person thinks so

No1 person thinks not

Would you like to ask a question like this yourself? Use our Freedom of Information site.