Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether his Department uses Office for National Statistics estimates of personal well-being when formulating policy; and what policies his Department has introduced to improve national well-being in the last 12 months.
HM Treasury considers a wide range of information when formulating policy, including personal wellbeing statistics. The government has supported living standards through raising the personal allowance and introducing the National Living Wage, and supporting families through the introduction of Tax-Free Childcare.