Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Theresa Villiers Excerpts
Tuesday 6th February 2024

(2 months, 3 weeks ago)

Commons Chamber
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Laura Trott Portrait Laura Trott
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I can commit to the hon. Gentleman that we are absolutely monitoring the effects, but, as I said, a good package of support is in place for businesses.

Theresa Villiers Portrait Theresa Villiers (Chipping Barnet) (Con)
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T1. If he will make a statement on his departmental responsibilities.

Jeremy Hunt Portrait The Chancellor of the Exchequer (Jeremy Hunt)
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I would like to update the House on a couple of data releases published since our last oral questions. Total greenfield foreign direct investment since 2010 has not just been higher than that of France, Germany and Italy, but in the past two years has overtaken that of China to be the second highest in the world. Yesterday’s labour force survey said that unemployment fell to a quarterly average of 3.9%, meaning that unemployment has halved and Conservative Governments have overseen the creation of more than 800 jobs every day since 2010.

Theresa Villiers Portrait Theresa Villiers
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Can the Treasury find funds for an increased pay offer for junior doctors? I completely agree that we must safeguard the public finances and have regard to affordability, but if ever a group deserved a pay rise, it is junior doctors, and we need to get the dispute settled.

Jeremy Hunt Portrait Jeremy Hunt
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As my right hon. Friend knows, as Health Secretary I campaigned for extra money for the NHS to make sure that we could pay NHS staff fairly, but I do believe that junior doctors have had a very fair offer—one that is higher than was recommended by the independent pay review body and is about double the rate of this year’s predicted inflation. I know that the Health Secretary is willing to talk about anything else that could help make their working conditions better.