To ask Her Majesty's Government what assessment they have made of the latest Organisation for Economic Co-operation and Development reports of an easing of recessionary pressures in the British economy; and which sectors are likely to experience a medium-term recovery in industry and services. [HL3855]

The Government continue to monitor a range of economic indicators as part of their overall assessment of the state of the UK economy. As the Government set out in the 2009 Budget, the economy is forecast to pick up progressively through 2010 and 2011 as the macroeconomic stimulus builds and credit conditions ease. The Government anticipate that future sources of growth in the UK will be more varied and will include industries, such as low-carbon, advanced manufacturing and communications, as set out in New Industry, New Jobs, published on 20 April 2009.