Oral Answers to Questions Debate

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Department: HM Treasury
Tuesday 11th December 2018

(5 years, 11 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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Yes, and that is indeed the express view of the vast majority of businesses in this country.

Debbie Abrahams Portrait Debbie Abrahams (Oldham East and Saddleworth) (Lab)
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Will the Chancellor work with the Minister for the Cabinet Office and the Secretary of State for Business, Energy and Industrial Strategy to support my ten-minute rule Bill on project bank accounts for Government projects? It will protect small businesses from losses when tier 1 suppliers such as Carillion and Interserve collapse.

Lord Hammond of Runnymede Portrait Mr Hammond
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I am happy to look further at the hon. Lady’s Bill. It is an interesting idea and I know that the Cabinet Office commercial secretariat has been looking at her proposals.