Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

David Amess Excerpts
Tuesday 29th January 2013

(11 years, 9 months ago)

Commons Chamber
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Sajid Javid Portrait Sajid Javid
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My hon. Friend is right to be proud of the Government’s achievements on Equitable Life. The previous Government had a decade to help victims of this scandal and did absolutely nothing. As mentioned, more than £500 million of payments have already been made. I can assure my hon. Friend that I am in regular contact with the scheme administrators, and I will work closely with them on a regular basis to ensure that things can be improved.

David Amess Portrait Mr David Amess (Southend West) (Con)
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T1. If he will make a statement on his departmental responsibilities.

George Osborne Portrait The Chancellor of the Exchequer (Mr George Osborne)
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The core purpose of the Treasury is to ensure the stability and prosperity of the economy.

David Amess Portrait Mr Amess
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My right hon. Friend will recognise the valuable work that public sector workers do, by and large on our behalf, but he will also acknowledge the fact that their earnings have increased by only 1%. Is it the Government’s policy that benefits will not increase by any more than the increase in public sector pay?

George Osborne Portrait Mr Osborne
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It is the Government’s policy that both should rise by 1%. It is a rather bizarre argument advanced by the Labour party—that public sector pay should go up by 1%, but benefits should go up by more than 1%. The Opposition are the people who will have to explain it to the hard-working public sector taxpayers who have to pay for the welfare system.