Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, whether his Department has commissioned research into the effect of wage stagnation on household incomes throughout the UK.
The Office for National Statistics (ONS) estimate that total pay increased by 1.8% on the year in the three months to May. In their Spring Budget Forecast, the Office for Budget Responsibility (OBR) also expected wages to increase in each year of their forecast.
The Government is taking action to support incomes. This includes increasing the National Living Wage, raising the personal allowance and freezing fuel duty.