Pay

(asked on 12th July 2017) - View Source

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.


Answered by
Steve Barclay Portrait
Steve Barclay
This question was answered on 20th July 2017

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.

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