Oral Answers to Questions

Alison McGovern Excerpts
Monday 19th June 2023

(10 months, 3 weeks ago)

Commons Chamber
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Lindsay Hoyle Portrait Mr Speaker
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We come to the shadow Minister.

Alison McGovern Portrait Alison McGovern (Wirral South) (Lab)
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The Bank of England sets interest rates independently, but economic inactivity and the wider state of the labour market is a feature of our economy that will influence whether the Prime Minister is able to meet his promise to halve inflation. Can the Secretary of State tell us exactly what targets have been agreed by his Department with the Treasury on the role of the labour market in reducing inflation?