Oral Answers to Questions

Debate between Chi Onwurah and Andrea Leadsom

Tuesday 2nd September 2014 Commons Chamber

[Andrea Leadsom]

As the hon. Gentleman will know, the Government have instead introduced a permanent bank levy on bankers’ balance sheets, which, according to the Office for Budget Responsibility, will raise £8 billion during the life of this Parliament, and up to £18 billion by 2018-19, so they are paying a fair share towards our economic recovery.

[Chi Onwurah (Newcastle upon Tyne Central) (Lab)]

10. What recent estimate he has made of the difference between the rate of inflation and the rate of growth in average earnings since May 2010.