Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Lucy Powell Excerpts
Tuesday 28th February 2017

(7 years, 1 month ago)

Commons Chamber
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Simon Kirby Portrait Simon Kirby
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Yes, it is good for jobs, the economy and, indeed, the Scottish whisky industry.

Lucy Powell Portrait Lucy Powell (Manchester Central) (Lab/Co-op)
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T1. If he will make a statement on his departmental responsibilities.

Lord Hammond of Runnymede Portrait The Chancellor of the Exchequer (Mr Philip Hammond)
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As we approach the beginning of the UK’s negotiations with the European Union, my principal responsibility remains delivering near-term measures to ensure stability and resilience in our economy, while also addressing the UK’s long-term productivity challenges. The package that I will announce at spring Budget next week will address both objectives.

Lucy Powell Portrait Lucy Powell
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Not replacing teachers, scrapping subjects, and even going to a four-day week are just some of the measures that our hard-pressed schools are having to take given what the Institute for Fiscal Studies has confirmed are the first cuts to schools’ budgets in over 20 years. Will the Chancellor use his Budget to invest in our future, reduce the productivity gap, and ensure a high-skilled, high-wage economy?

Lord Hammond of Runnymede Portrait Mr Hammond
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Yes. There was a slight disconnect in the hon. Lady’s question, but I will certainly do those things. Investing in our future, addressing the productivity challenge, and dealing with the skills gap will be at the centre of the Budget.