Derek Twigg
Main Page: Derek Twigg (Labour - Widnes and Halewood)Department Debates - View all Derek Twigg's debates with the HM Treasury
(7 years, 11 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Jane Ellison
The Government are reviewing the potential options to support regional airports, following the discussion paper that was published last year, and of course we will set out full details of our response in due course. We received 53 responses to the consultation. They were good, constructive, valuable responses and we are looking carefully at them.
Derek Twigg (Halton) (Lab)
What is the Chancellor’s assessment of the effect of inflationary pressures on the prices of goods and food over the next 12 months?
Mr Philip Hammond
Clearly, the decline in the value of sterling will have an inflationary impact. How quickly that passes through into the UK economy is a subject of modelling by all economists who carry out these types of analyses. The Bank of England will very shortly be publishing its next inflation report, and that should give an indication of the forward trajectory.