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Lords debates growth rate of UK economy

30 June 2023

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On Thursday 29 June, members of the Lords debated the growth rate of UK economy, inflation and the need to increase productivity.

Debate 

Lord Eatwell (Labour), former Labour Spokesperson for the Treasury and Emeritus professor of financial policy at the University of Cambridge, put forward the debate.

This was a general debate. During debates, members put their experience to good use to discuss current issues and draw the government's attention to concerns.     

Members speaking    

Members speaking in the debate included:

  • Lord Desai (Crossbench), Director of the Official Monetary and Financial Institutions Forum Foundation
  • Lord Lamont of Lerwick (Conservative), former Chancellor of the Exchequer
  • Baroness O'Grady of Upper Holloway (Labour), non-executive Director at the Court of the Bank of England and former general secretary of the Trades Union Congress
  • Baroness Thornhill (Liberal Democrat), Liberal Democrat Spokesperson for Housing.

Baroness Penn (Conservative), Treasury Lords Minister, responded on behalf of the government.  

Get involved

Watch and read the debate   

Find out more about the issues discussed: watch live on Parliament TV or read the Lords Hansard transcript.

Explore background information   

Find out more about the issues the debate covers in the House of Lords Library briefing.   

Learn more about how the House of Lords checks and challenges government. 

Image: Adobe Stock