The text on this page has been created from Hansard archive content, it may contain typographical errors.
14.
Mr. Redwood
To ask the Chancellor of the Exchequer what his current assessment is of growth prospects in (a) the UK and (b) the euro area. [118673]
Mr. Boateng
The Government published their latest forecasts for the UK economy in the Budget on April 9. We forecast:
The UK economy to grow by 2 to 2½ per cent. this year, rising to 3 to 3½ per cent. next year.
The euro area economy to grow by 1 per cent. this year, rising to 2¼ per cent. next year.