Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what economic models his Department used to brief (a) officials in the Cabinet Office and (b) members of the SAGE committee.
Throughout the pandemic, economic analysis has been a key part of the advice that ministers use to inform decisions taken in this fast-moving health environment.
The Treasury continues to provide economic analysis to ministers on an ongoing basis as part of policy making and design. The Treasury does not produce formal forecasts for the UK economy. Economic and fiscal forecasting is the responsibility of the independent OBR. They will publish their next forecast on 25 November.
Economic analysis undertaken by the Treasury draws on a wide range of sources, including analysis from external sources such as the OBR, Bank of England and other independent bodies.