Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Jeremy Quin Excerpts
Tuesday 17th January 2017

(7 years, 11 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Philip Hammond
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Income inequality has been falling, but of course we face challenges as the depreciation of sterling works its way into inflation in the economy. That is an issue on which we will remain very much focused, and I will address it in more detail in the Budget.

Jeremy Quin Portrait Jeremy Quin (Horsham) (Con)
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Alongside other elements driving recent extremely successful purchasing managers’ index surveys were seven consecutive months of export growth. Does the Minister agree that this is a fine way to underpin our already record rates of employment?

Simon Kirby Portrait Simon Kirby
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I agree. The PMI surveys show significant resilience in the UK economy since the referendum. The Prime Minister recently made it clear that we will make a success of leaving the EU.