Autumn Statement Debate

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Department: HM Treasury

Autumn Statement

Ranil Jayawardena Excerpts
Wednesday 23rd November 2016

(7 years, 5 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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Yes; I have confirmed again today that we will proceed with those measures. We will proceed with them as quickly as we possibly can.

Ranil Jayawardena Portrait Mr Ranil Jayawardena (North East Hampshire) (Con)
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There has been a lot of negativity from some Opposition Members, but more people are in jobs than ever before and that means that in North East Hampshire more people are in good jobs, with average earnings of more than £47,000. May I congratulate my right hon. Friend not only on committing to increasing the tax-free allowance but on raising the threshold for the higher rate? Clearly, many hard-working families are being hit by a tax that was never intended for them.

Lord Hammond of Runnymede Portrait Mr Hammond
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That is absolutely right. We made that commitment in our election manifesto; it was a commitment on which we were elected. Despite the difficult fiscal circumstances, we will deliver on that commitment.