Oral Answers to Questions

Debate between Julie Hilling and Clive Efford

Tuesday 10th December 2013 Commons Chamber

[Julie Hilling (Bolton West) (Lab)]

1. What comparative assessment he has made of trends in the annual rates of inflation and growth in average earnings since May 2010.

[Clive Efford (Eltham) (Lab)]

3. What assessment he has made of recent trends in the level of average earnings.

[The Economic Secretary to the Treasury (Nicky Morgan)]

Real average weekly earnings have fallen since 2010, owing to the previous Government’s financial legacy left to us. However, last year real household disposable income grew at its fastest pace since 2009. In its latest forecast, the Office for Budget Responsibility expects the growth of real household disposable income to accelerate in every year of the forecast period, reaching 2.6% in 2018.