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Mr. Howard
To ask the Chancellor of the Exchequer pursuant to paragraph C4 of Budget 2003, if he will set out his assumption of the date, by quarter, for the ending of the current economic cycle. [110247]
Ruth Kelly
As shown in Chart B4 on page 226 of the 2003 Budget Report (HC500), the current economic cycle is projected to end in the fourth quarter of 2005.