Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the impact of their fiscal policies on the United Kingdom's economic growth potential.

The independent Office for Budget Responsibility (OBR) is responsible for preparing forecasts for the UK economy and public finances. This includes an assessment of the impact of the Government’s policies.

The OBR publish their judgements in their Economic and Fiscal Outlook (EFO). The OBR’s latest EFO can be found here: Economic and fiscal outlook – March 2025 - Office for Budget Responsibility. This includes the OBR’s assessment of government policies announced at Spring Statement 2025.

The OBR’s assessment of the Government’s policies at the Budget in October can be found here: Economic and fiscal outlook – October 2024 - Office for Budget Responsibility.