Oral Answers to Questions

Debate between Lord Hammond of Runnymede and Chris Philp

Tuesday 2nd July 2019 Commons Chamber

[Mr Hammond]

As I have consistently said in this House, I do not believe that a no-deal exit would be in the interests of this country, and I will do everything I can to ensure that we avoid it, but an exit based on a negotiated deal that allows us to continue a close trading relationship with the European Union can work for Britain, and that is what I will be arguing for.

[Chris Philp (Croydon South) (Con)]

Is the Chancellor aware that only 18% of Scottish exports go to the rest of the European Union but 61% go to the rest of the United Kingdom? Is not the Union that really matters to Scotland the Union of the United Kingdom?

[Mr Hammond]

Yes, my hon. Friend is exactly right. The Scottish economy would be far more adversely affected by a breach of trading relationships with the rest of the United Kingdom than it will by a breach in trading relationships with the European Union.

Spring Statement

Debate between Lord Hammond of Runnymede and Chris Philp

Tuesday 13th March 2018 Commons Chamber

[Mr Hammond]

No. We made our decision to defer Making Tax Digital mainly because there was a need for greater awareness among businesses and more time to prepare for the relevant software and so on. We are confident that businesses will be able to roll out the programme on the current schedule. Although I readily accept that there is some disquiet among potential business users, I also confidently predict to the hon. Lady that once they have got used to it, they will find that it is hugely beneficial to them, and that it saves them a lot of time and angst in their dealings with HMRC.

[Chris Philp (Croydon South) (Con)]

Since 2010, the minimum wage has increased from £5.93 to £7.83 an hour—a rise of 32%. At the same time, the take-home pay of someone on the minimum wage has gone up by 37%, thanks to the increase in the income tax threshold. Will the Chancellor join me in welcoming the fact that the Government have directed assistance at those on the lowest earnings, and will he assure the House that that excellent approach will remain at the heart of the Government’s strategy?

[Mr Hammond]

We are focused on the needs of those on the lowest pay who are in the workforce. Making work pay, particularly low-paid work, is a priority. I repeat what I said in the statement: partly as a result of the introduction of the national living wage and its subsequent increase to £7.83 an hour, income inequality in this country is now lower than at any point under the last Labour Government. It is falling in this country while it is rising in all other G7 countries.