Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Baroness Morgan of Cotes Excerpts
Tuesday 17th April 2018

(6 years, 7 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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As the hon. Gentleman knows, the tidal lagoon project is under careful consideration by the Government, and a decision will be made and announced in due course.

Baroness Morgan of Cotes Portrait Nicky Morgan (Loughborough) (Con)
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One of the consequences of increasing productivity is of course higher wage growth, which I think would make everyone feel much better. The Chancellor may be aware of the Treasury Committee’s recent report on childcare, which called for more childcare support for those undergoing retraining—another way of increasing productivity. What were his thoughts on that, and what is his progress on talks with the national retraining scheme?

Lord Hammond of Runnymede Portrait Mr Hammond
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I am happy to tell my right hon. Friend that we have had a very productive first meeting with the CBI and the Trades Union Congress to flesh out the shape of the national retraining partnership, which is clearly going to be a crucial part of our investment in skills in future. I do take her point on childcare. We have of course seen the Select Committee’s report and will respond to it in due course.