Oral Answers to Questions

Debate between Lord Hammond of Runnymede and Lucy Powell

Tuesday 28th February 2017 Commons Chamber

[Lucy Powell (Manchester Central) (Lab/Co-op)]

T1. If he will make a statement on his departmental responsibilities.

[The Chancellor of the Exchequer (Mr Philip Hammond)]

As we approach the beginning of the UK’s negotiations with the European Union, my principal responsibility remains delivering near-term measures to ensure stability and resilience in our economy, while also addressing the UK’s long-term productivity challenges. The package that I will announce at spring Budget next week will address both objectives.

[Lucy Powell]

Not replacing teachers, scrapping subjects, and even going to a four-day week are just some of the measures that our hard-pressed schools are having to take given what the Institute for Fiscal Studies has confirmed are the first cuts to schools’ budgets in over 20 years. Will the Chancellor use his Budget to invest in our future, reduce the productivity gap, and ensure a high-skilled, high-wage economy?

[Mr Hammond]

Yes. There was a slight disconnect in the hon. Lady’s question, but I will certainly do those things. Investing in our future, addressing the productivity challenge, and dealing with the skills gap will be at the centre of the Budget.