Lord Taylor of Warwick – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Lord Taylor of Warwick on 2016-06-29.

To ask Her Majesty’s Government, in the light of the result of the referendum on the UK’s membership of the EU, whether they now intend to bring forward an emergency budget including tax rises and spending cuts, or whether they have plans to increase public investment.

Lord O’Neill of Gatley

As the Chancellor has said, decisions on what action the government will take in response to the impact of the referendum on the economy and public finances will wait until the Office of Budget Responsibility has made an economic forecast in the Autumn.