HM Treasury welcomes OECD Survey of UK economy
Today the Organisation for Economic Co-operation and Development (OECD) published their surveillance of the UK economy, which provides analysis and insight of the state of the UK economy and the upcoming challenges. HM Treasury have worked closely and collaboratively on the survey with the OECD.
皇冠体育app survey has been put together against the backdrop of a health and economic crisis, in the UK and globally, with significant uncertainty on the path of the virus.
皇冠体育app survey recognises the size, scope and speed of the government鈥檚 interventions to support jobs, businesses and the economy. 皇冠体育app recommendations focus on how the UK can adapt and target future coronavirus support to individuals, workers and businesses over time; and how to address the UK鈥檚 productivity challenges, a problem which is shared by other advanced economies.
Responding to the survey a HM Treasury spokesperson said:
We welcome the OECD鈥檚 survey, their recommendations and their recognition of our unprecedented package of support which has protected jobs, businesses and the wider economy throughout the pandemic. As the OECD note in their report, it鈥檚 clear that policy action has mitigated the economic impact of the virus.
皇冠体育app recent measures announced by the Chancellor, including the Plan for Jobs and the Winter Economy Plan, strike the right balance between protecting jobs and providing people with new training and opportunities, including through traineeships, apprenticeships and our 拢2 billion Kickstart scheme, to ensure that nobody is left without hope.