Home / Sources / Select Committees / Business and Trade Committee / UK plc 2050
Index live
Select Committee · Business and Trade Committee

UK plc 2050

Status: Closed Opened: 1 Feb 2023 Closed: 24 Apr 2023 5 recommendations 9 conclusions 1 report
Clear

Reports

1 report
Title HC No. Published Items Response
Ninth Report - UK plc HC 1120 24 Mar 2023 14 Responded

Recommendations & Conclusions

1 item
2 Conclusion Ninth Report - UK plc Not Addressed

We welcome the Chancellor’s announcement on full expensing for capital investment but highlight the short...

We welcome the Chancellor’s announcement on full expensing for capital investment but highlight the short period of time that this policy is available for businesses. Many businesses will make much longer-term investment decisions which could benefit from making this change permanent, providing long-term investment stability. Read more

Government response AI summary
The government discusses the R&D tax relief review and related changes, but does not address the committee's point about making full expensing for capital investment permanent to provide long-term investment stability.
Read full response →
Department for Business and Trade

Oral evidence sessions

2 sessions
Date Witnesses
28 Feb 2023 Buffy Price · Carbon Re, Burkhard Keese · Lloyd’s, Caroline Keohane · Food and Drink Federation, Dr Richard Torbett · Association of the British Pharmaceutical Industry (ABPI), Mike Hawes · Society of Motor Manufacturers and Traders (SMMT), Miles Celic · TheCityUK View ↗
7 Feb 2023 Dr Anna Valero · LSE, Lord Deben · Climate Change Committee, Mike Keoghan · Office for National Statistics, Torsten Bell · Resolution Foundation View ↗

Who gave evidence

10 witnesses
WitnessOrganisationSessions
Buffy Price · Co-founder & Chief Operating Officer Carbon Re 1
Burkhard Keese · Chief Financial Officer & Chief Operating Officer Lloyd’s 1
Caroline Keohane · Head of Industry Growth Policy Food and Drink Federation 1
Dr Anna Valero · Distinguished Policy Fellow and Growth Programme … LSE 1
Dr Richard Torbett · CEO Association of the British Pharmaceutical Industry (ABPI) 1
Lord Deben · Chairman Climate Change Committee 1
Mike Hawes · Chief Executive Society of Motor Manufacturers and Traders (SMMT) 1
Mike Keoghan · Deputy National Statistician and Director General… Office for National Statistics 1
Miles Celic · Chief Executive Officer TheCityUK 1
Torsten Bell · Chief Executive Resolution Foundation 1

Correspondence

2 letters
DateDirectionTitle
21 Mar 2023 To cttee Letter from TheCityUK relating to session on UK plc 2050, 10 March 2023
14 Mar 2023 To cttee Letter from the Chief Executive of ABPI relating to the Committee's session on …