questionText: To ask the Chancellor of the Exchequer, with reference to the correspondence entitled Monetary Policy Remit, published on 15 November 2024, what assessment she has made of the effectiveness of the Monetary Policy Committee’s progress in (a) delivering long-term growth and (b) accelerating the transition to a (i) climate resilient, (ii) nature positive and (ii) net zero economy.
answerText: Monetary policy is the responsibility of the independent Monetary Policy Committee (MPC) of the Bank of England, so the government does not comment on the conduct or effectiveness of monetary policy. The MPC’s primary objective is to achieve price stabili...
heading: Economic Growth