Oral Answers to Questions

Lilian Greenwood Excerpts

Tuesday 9th April 2019 Commons Chamber

[Mr Hammond]

I agree that the public and private sectors can work together to support digital businesses, including in the vital area of cyber, and that is why we have established the Cheltenham innovation centre as part of our £1.9 billion commitment to cyber-security.

[Lilian Greenwood (Nottingham South) (Lab)]

18. Last month, Nottingham Trent University released a report mapping Nottingham’s employment trends. It found that, in the 10 years from 2008 to 2018, earnings in our city rose by just 11.6%, compared with 19.9% nationally. Too many of my constituents are working hard, but are still in poverty and are reliant on benefits just to make ends meet. What specific action is the Chancellor taking to tackle low pay and economic insecurity in order to ensure that people in Nottingham do not just have work but have good work?

[Mr Hammond]

There are two parts to our approach. The first is a laser-like focus on raising productivity—investing in the infrastructure and skills that we need to raise productivity—because that is the only way to raise wages sustainably. We have also introduced the national living wage, and have increased it way ahead of inflation. We will have to set a new target for the national living wage from next year. I announced in the Budget that I have asked Professor Arindrajit Dube to conduct a survey of the literature on minimum wages and employment opportunities for people on low pay, so that we can address this issue and seek to raise the pay of the lowest paid as fast as we can without destroying their employment opportunities.