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Pre-Budget Report

Volume 718: debated on Monday 8 March 2010

Question

Asked by

To ask Her Majesty's Government what new business investment activity they anticipate in the second half of 2010, following recent economic figures. [HL2405]

The latest forecast for business investment was made in the 2009 Pre-Budget Report. Business investment is forecast to grow in the second half of 2010 as credit conditions ease and uncertainty over demand continues to fall. An updated forecast will be presented in the Budget, taking account of all relevant information since the Pre-Budget Report.