§ Mr. CoxTo ask the Chancellor of the Exchequer what assessment his Department is to make as to the effect of the recent tax increases on economic recovery within the Greater London area.
§ Mr. NelsonThe forecast for economic growth this year, including Greater London, takes full account of the effect of the tax increases announced in last year's Budgets. A number of recent indicators, including manufacturing output, retail sales, and new car registrations, suggest that the economy is continuing to recover.