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Question by:
Lord Duvall of Woolwich in the Royal Borough of Greenwich OBE
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Meeting date:
21 November 2001
If my economic advice was that we were heading into a severe recession that would be long-lasting, I would seriously consider whether one should defer the introduction of the congestion charge. The most up-to-date economic advice, which I received yesterday, is that we still believe that the downturn in the economy is likely to be half as bad as the early 1990s, and much shorter in duration; and that, by the middle of next year, we will be coming strongly out of the downturn and the economy will be picking up. I ask for that forecast to be updated on...