1st Report - National debt: it’s time for tough decisions
- HC No.
- —
- Published
- 10 Sep 2024
- Items
- 0
- Response
- Response document linked Read government response ↗
Select Committee · Economic Affairs Committee
How sustainable is our national debt?
Status: Closed
Opened: 8 Dec 2023
Closed: 25 Apr 2025
1 report
Inquiry scope
The Committee published its report on 10 September 2024. The Government responded on 18 November 2024 and the report was debated on 25 April 2025.Reports
Oral evidence sessions
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| Date | Session and witnesses | Source |
|---|---|---|
| 28 Jan 2025 | Allan Monks · JP Morgan, Dr Peder Beck-Friis · PIMCO, Roger Bootle · Capital Economics | View ↗ |
| 12 Mar 2024 | Bim Afolami MP · HM Treasury, Ruth Curtice · Resolution Foundation, Sir Robert Stheeman · Debt Management Office | View ↗ |
| 5 Mar 2024 | Joseph Stiglitz · Columbia University | View ↗ |
| 27 Feb 2024 | Erich Arispe · Fitch Ratings, Stephen D King · HSBC | View ↗ |
| 20 Feb 2024 | Charles Goodhart CBE FBA · London School of Economics (LSE), Olivier Blanchard · Peterson Institute for International Economics (PIIE), Sir Dieter Helm · University of Oxford | View ↗ |
| 13 Feb 2024 | Carl Emmerson · Institute of Fiscal Studies, Peder Beck-Friis · PIMCO, Sonja Gibbs · Institute of International Finance | View ↗ |
| 6 Feb 2024 | Danisha Kazi · Positive Money UK, James Smith · Resolution Foundation, Julian Jessop · Institute of Economic Affairs | View ↗ |
| 30 Jan 2024 | Dr Mohamed El-Erian · Allianz | View ↗ |
| 23 Jan 2024 | Richard Hughes · Office for Budget Responsibility, Tom Josephs · Office for Budget Responsibility | View ↗ |
| 12 Dec 2023 | Martin Slater · St Edmund Hall, Oxford University, Professor Jagjit Chadha · University of Cambridge | View ↗ |
Who gave evidence
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| Witness | Organisation | Sessions |
|---|---|---|
| Allan Monks · Executive Director and Chief UK Economist | JP Morgan | 1 |
| Bim Afolami MP · Economic Secretary | HM Treasury | 1 |
| Carl Emmerson · Member, and Deputy Director | Institute of Fiscal Studies | 1 |
| Charles Goodhart CBE FBA · Emeritus Professor of Banking and Finance | London School of Economics (LSE) | 1 |
| Danisha Kazi · Head of Economics | Positive Money UK | 1 |
| Dr Mohamed El-Erian · Chief Economic Adviser | Allianz | 1 |
| Dr Peder Beck-Friis · Economist | PIMCO | 1 |
| Erich Arispe · Senior Director Sovereigns Group | Fitch Ratings | 1 |
| James Smith · Research Director | Resolution Foundation | 1 |
| Joseph Stiglitz · University Professor | Columbia University | 1 |
| Julian Jessop · Economics Fellow | Institute of Economic Affairs | 1 |
| Martin Slater · Emeritus Fellow in Economics | St Edmund Hall, Oxford University | 1 |
| Olivier Blanchard · Senior Fellow | Peterson Institute for International Economics (PIIE) | 1 |
| Peder Beck-Friis · Senior Vice President and Economist | PIMCO | 1 |
| Professor Jagjit Chadha · Professor of Economics | University of Cambridge | 1 |
| Richard Hughes · Chair | Office for Budget Responsibility | 1 |
| Roger Bootle · Senior Independent Advisor and Non-Executive Director | Capital Economics | 1 |
| Ruth Curtice · Chief Executive | Resolution Foundation | 1 |
| Sir Dieter Helm · Professor of Economic Policy | University of Oxford | 1 |
| Sir Robert Stheeman · Chief Executive | Debt Management Office | 1 |
| Sonja Gibbs · Managing Director and Head of Sustainable Finance | Institute of International Finance | 1 |
| Stephen D King · Senior Economic Adviser | HSBC | 1 |
| Tom Josephs · Member, Budget Responsibility Committee | Office for Budget Responsibility | 1 |
Correspondence
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Meetings & visits
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| Date | Type | Detail | Source |
|---|---|---|---|
| 10 Sep 2024 | Formal meeting (private meeting) | — · Room 3, Palace of Westminster | |
| 21 May 2024 | Formal meeting (private meeting) | — · Room 4, Palace of Westminster | |
| 14 May 2024 | Formal meeting (private meeting) | — · Room 4A, Palace of Westminster | |
| 7 May 2024 | Formal meeting (private meeting) | — · Room 4A, Palace of Westminster | |
| 30 Apr 2024 | Formal meeting (private meeting) | — · Committee Room G | |
| 23 Apr 2024 | Formal meeting (private meeting) | — · Room 4A, Palace of Westminster | |
| 26 Mar 2024 | Formal meeting (private meeting) | — · Room 3, Palace of Westminster |