Kate Barker's picture
Affiliation: 
British Coal Staff Superannuation Scheme
Credentials: 
former member of the Bank of England Monetary Policy Committee

Voting history

National Living Wage and the UK economy

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Question 1: Do you agree that the new National Living Wage is likely to lead to significantly lower employment?

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Answer:
Disagree
Confidence level:
Confident
Comment:
Difficult question. What is significant? What will the long-term impact be? It may be significant for the younger workers in the short-term.

Market Turbulence and Growth Prospects

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Question 2: Do you agree that the falls in share prices, low oil prices and the slowdown in some emerging market economies will have a significant negative impact on the UK’s economic recovery?

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Answer:
Disagree
Confidence level:
Confident
Comment:
I expect the impact to be modest - though it will make the fiscal arithmetic more difficult in March.

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Question 1: Do you agree that economic growth prospects for the global economy have seriously deteriorated?

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Answer:
Disagree
Confidence level:
Confident
Comment:
My view is that equity markets in particular were over-valued. I see this, so far, as a correction to a better appreciation of the prospects for growth.

Autumn Statement & Charter for Budgetary Responsibility

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Question 2: Do you agree that the Charter for Budgetary Responsibility is helpful in underpinning the credibility of fiscal policy?

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Answer:
Disagree
Confidence level:
Confident

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Question 1: The Chancellor forecasts a cyclically adjusted fiscal surplus by 2017-18 and in cash terms by 2019-20. Do you agree that this planned path of fiscal consolidation is appropriate?

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Answer:
Disagree
Confidence level:
Very confident

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