Companies: Finance

(asked on 17th February 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will make an assessment of the implications for his Department's policies of trends in the level of corporate (a) borrowing and (b) saving in each sector of the economy in the latest period for which data is available.


Answered by
Andrew Griffith Portrait
Andrew Griffith
Minister of State (Department for Science, Innovation and Technology)
This question was answered on 27th February 2023

The Government considers a variety of factors to understand the health of the UK corporate sector and inform economic analysis and policymaking. This includes monitoring official data, internal economic modelling and regular engagement with firms and business groups.

As part of this, HM Treasury monitors aggregate and sectoral trends in corporate lending and deposits, including via the use of Bank of England data.

The Government will continue to monitor trends in corporate saving and borrowing to inform policy making and its assessment of corporate health.

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