Economic Update

Debate between Allan Dorans and Jeremy Hunt

Monday 17th October 2022 Commons Chamber

[Jeremy Hunt]

I believe that the Bank of England has taken important action and I refer the hon. Gentleman to what the Governor of the Bank of England said today and his confidence that those issues have been largely resolved.

[Allan Dorans (Ayr, Carrick and Cumnock) (SNP)]

Earlier this afternoon, the Chancellor announced the formation of a new economic advisory council. Can he confirm that its members will be independent and that they are not major donors to the Conservative party seeking to gain influence on Government policy?

[Jeremy Hunt]

I can confirm that the council’s members will be independent; I can confirm that there will be no improper influence exerted; and I can confirm, as the hon. Gentleman will be pleased to hear, that all donations to the Conservative party are vetted and legal.