Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Lucy Frazer Excerpts
Tuesday 21st July 2015

(9 years, 4 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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What the hon. Gentleman and the Labour party fail to understand is that we cannot stand up for working people unless we create a strong economy that lives within its means. I would only make this observation: he has a Labour party he is very happy with now, and so do I.

Lucy Frazer Portrait Lucy Frazer (South East Cambridgeshire) (Con)
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Does the Chancellor agree that the national living wage will not only improve the lives of working people on lower incomes but will improve the gender pay gap, because it is often women who are the worst paid?

George Osborne Portrait Mr Osborne
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My hon. and learned Friend is right. The good news is that the gender pay gap is at its lowest level in history, but we have more work to do and that is why we have introduced the new audits for companies. Of course, women will be the biggest group of winners from the national living wage.