Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Jake Berry Excerpts
Tuesday 17th January 2017

(7 years, 3 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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It is customary to present forecasts for fiscal events over the forecast period which, as we progress through this Parliament, will stretch beyond its end. That is how it has always been done, and it would not be helpful to give the House only a shorter horizon.

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Jane Ellison Portrait Jane Ellison
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I always listen to what the Chairman of the Treasury Committee says. I am considering the Committee’s very useful report carefully. Of course, it acknowledged that the digitisation of the tax service represents the direction in which we should be travelling, but we are looking carefully at the possible impacts on small businesses, many thousands of which we have already exempted through our existing announcements.

Jake Berry Portrait Jake Berry
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rose—

John Bercow Portrait Mr Speaker
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I think it is Lancashire’s turn.

Jake Berry Portrait Jake Berry
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Thank you, Mr Speaker. On the subject of berries, does my right hon. Friend the Chancellor share my concern that too many JAMs are becoming jam tomorrow with the ballooning of household debt? What steps will he take to stop inappropriate and irresponsible lending by credit card companies and banks to low-income households?

Lord Hammond of Runnymede Portrait Mr Philip Hammond
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The Government and the regulatory authorities take appropriate measures to prevent inappropriate lending and to make sure that credit products are not mis-sold, and we will continue to do so.