Economic Growth
The question
To ask the Chancellor of the Exchequer, what discussions she has had with the Governor of the Bank of England on her economic growth policies.
Answered by Emma Reynolds
The Chancellor and the Governor of the Bank of England meet regularly to discuss economic developments and the outlook for the economy.
Growth is the number one mission of this government and is how we will get people into good jobs, drive higher living standards, and increase productivity across the country.
At Mansion House in November 2024 the Chancellor issued new growth-focused remit letters to the Bank of England’s Monetary Policy Committee, Financial Policy Committee, and Prudential Regulation Committee. These letters made clear that the Chancellor expects them to fully support this government’s ambitions on economic growth.
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