Fourth Report - Jobs, growth and productivity after coronavirus

Select Committee
Treasury Committee HC 139 13 July 2022
Report Status Government responded
Conclusions & Recommendations 17 items (7 recs)
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Government Response (AI assessment · 17 of 17 classified)
Accepted 6
Acknowledged 8
Deferred 1
Not Addressed 1
Rejected 1
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17 Conclusion Not Addressed
The key points made by witnesses on macroeconomic policy issues were: • Global energy prices and supply chain disruptions arising from the pandemic are the main factors behind the outbreak of inflation. But second-round effects, in the form of inflation expectations among the public, and domestic factors in the UK, …
Government Response Summary
The government provides context on the economic situation since the report was published including the impact of global challenges, Putin's invasion of Ukraine, and high energy prices. It notes the high rate of inflation and deteriorating economic outlook.
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