§ Mrs. BeckettTo ask the Chancellor of the Exchequer in which year(a) average living standards and (b) the living standards of each decile of high to low income population will double, taking 1965 as a base and assuming that current economic trends continue. [5868]
§ Mr. Jack[holding answer 14 December 1995]: The Government do not make forecasts of living standards but, if the trend growth rate assumed in the projections in the "Financial Statement and Budget Report" were to continue, GDP would double by 2025.