Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Baroness Ritchie of Downpatrick Excerpts
Tuesday 19th July 2016

(8 years ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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Yes, as one of my colleagues has already said, if we are to tackle the issue of profit shifting by global corporations, we have to do it on a global basis. This is an important topic on the agenda of the G20 Finance Ministers meeting this weekend in Chengdu, China, in which I intend to take a full part.

Baroness Ritchie of Downpatrick Portrait Ms Margaret Ritchie (South Down) (SDLP)
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T8. What positive consideration will the new Treasury team give to the implementation of fiscal flexibilities to assist and underpin our tourism industry?

Lord Hammond of Runnymede Portrait Mr Hammond
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We will look in the autumn statement at all sectors of the economy, and where we believe that additional fiscal support is necessary, we will announce appropriate measures.