Written questions

Unemployment: Taxation

Commons · Question 901600 · Tabled 27 Nov 2024 · Treasury · Official record

Answered 3 Dec 2024

Question

Asked by Damian Hinds

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of her tax policies on the unemployment rate.

Answer

Answered by James Murray, 3 Dec 2024

The Office for Budget Responsibility’s October 2024 forecast, which takes into account tax measures announced in the Budget, expects the unemployment rate will fall to 4.1% next year and remain low until 2029.