Economic policy

This page highlights some of the current parliamentary material available on economic policy. This includes select committee reports, briefing papers on current legislation and other subjects produced by the parliamentary research services, and the latest Early Day Motions put down by MPs.

Standard Notes

07.11.2014Government borrowing, debt and debt interest: historical statistics and forecasts
This note provides statistics on government borrowing, debt and debt interest payments. Historical figures and forecasts are shown. The note is purely statistical: there is no analysis.
07.11.2014Exchange rates
Exchange rates: Data on the value of the pound relative to other major international currencies.
04.11.2014US economy: developments since the 2008/2009 recession
US economic recovery from the 2008/2009 recession has been steady as annual GDP growth averaged 2.2% between 2010 and 2013. Unemployment has been falling but the proportion of working age adults in employment remains low by historical standards. Interest rates are near 0% and the Federal Reserve has bought $4 trillion in assets to try and boost the economy. Large budget deficits have seen fiscal policy become a key political battleground, although the deficit has fallen in recent years.
Inflation: Data on both the CPI and RPI inflation indices.
31.10.2014Inflation: International
Inflation: International: Harmonised Index of Comsumer Prices data on international inflation rates.

Research Papers

05.11.2014Economic Indicators, November 2014
This paper features analysis of the latest UK and international economic indicators.
30.10.2014CAP reform 2014-20: EU Agreement and Implementation in the UK and in Ireland (updated)
CAP reform 2014-2020 has been agreed and is now being implemented. This paper sets out stakeholder reaction and key implementation decisions for the four countries of the UK, and also of Ireland. It updates the November 2013 version which was prepared as government consultations on implementation were still on-going.
02.09.2014Economic Indicators, September 2014
This paper features analysis of the latest UK and international economic indicators
05.08.2014Economic Indicators, August 2014
New estimates published in July suggest that GDP grew by 0.8% in Q2 2014 and that GDP has surpassed to its pre-recession peak. The employment rate rose to 73.1%, whilst inflation rose slightly to 1.9%.
01.07.2014Economic Indicators, July 2014
This paper features analysis of the latest UK and international economic indicators.

Select Committee Reports

28.06.2011Rebalancing the economy: trade and investment.
Business, Innovation and Skills Select Committee report [Commons]
20.06.2011Budget 2011.
Government response. Treasury Select Committee; Treasury; Office for Budget Responsibility report [Commons]
14.06.2011Finance Bill 2011.
Economic Affairs Select Committee (HL) report [Lords]
27.04.2011Finance (No.
Treasury Select Committee report [Commons]
16.09.2010Appointment of Robert Chote as Chair of the Office for Budget Responsibility.
Treasury Select Committee report [Commons]

Early Day Motions

That this House notes that commercial banks have arrogated to themselves the right to create almost the entire UK money supply out of nothing in the form of a debt to them whenever ...
That this House notes the centenary of E F Schumacher's birth on 16 August 2011; recognises his outstanding contribution to economics; calls on the Government to implement his vision ...
That this House notes that in his interview in the Financial Times of 19 January 2010 the Chancellor of the Exchequer has admitted to a planned policy of 17 per cent. cuts in expenditure ...
That this House warmly welcomes the award of the 2009 Nobel Prize for Economics in October to the co-operative theorist and researcher, Professor Elinor Ostrom of Indiana University; ...
That this House notes the real danger the country faces in borrowing relatively more than any other G8 country to balance the national accounts; is concerned that neither the Government ...

Lords Library Notes

12.07.2013Debate on 18 July: Role of Government in Generating Economic Prosperity and Employment
This Note outlines recent data on the performance of the UK economy, announcements by the Government for capital spending, spending on research and development and action to help businesses gain access to funding. It also looks at proposals for the Government to take more of a role in managing growth, in particular whether the UK needs a more coherent and long-term industrial strategy.
21.03.2013Budget 2013: Reaction
This Library Note summarises reaction to the 2013 Budget Statement from a range of commentators and organisations.
06.12.2012Autumn Statement 2012: Reaction
This Library Note provides a brief summary of the key measures announced yesterday in the Chancellor's Autumn Statement, before outlining the immediate reaction to the Statement as expressed by the Shadow Chancellor in the House of Commons and by a range of organisations and commentators.
19.10.2012Infrastructure (Financial Assistance) Bill (HL Bill 43 of 2012-13)
The Infrastructure (Financial Assistance) Bill would authorise the Government to provide financial assistance of up to 50 billion to support infrastructure projects. This Library Note summarises proceedings in the House of Commons on the Bill.
29.06.2012Debate on 5 July: The International Competitiveness of UK Industry, Exporting to Global Markets and Attracting Inward Investment
This Library Note provides background reading for the debate on 5 July on the international competitiveness of UK industry, exports and attracting inward investment.
15.06.2012Debate on 21 June: Economic Growth Strategy
This Library Note provides background reading in advance of the debate in the House of Lords on 21 June on the Government's growth strategy for the UK economy, summarising the measures so far announced by the Government and commentary on these measures and the UK economic situation from a range of commentators and observers.

POST Papers

08.08.2014Alternative Currencies
This POSTnote outlines the different types and aims of these currencies. It also sets out how alternative currencies are being used and highlights regulatory and policy challenges regarding consumer protection, financial crime and taxation and benefits.
17.09.2012Measuring National Wellbeing
This POSTnote summarises the latest research on measuring national wellbeing, its components and causes, and examines some policy implications.


  • Research Papers (RP) - briefings produced by the House of Commons Library on Bills, topical issues and regular statistics
  • Standard Notes (SN) - shorter, topical briefings from the Commons Library
  • Early Day Motions (EDMs) - formal motions submitted by MPs in the House of Commons
  • POST Notes - short briefing notes produced by the Parliamentary Office of Science and Technology
  • Lords Library Notes (LLN) - papers compiled by the House of Lords Library on Bills and for debates in the Lords
  • Select Committee Reports - papers produced by all select committees of both Houses