Rishi Sunak
Main Page: Rishi Sunak (Conservative - Richmond and Northallerton)Department Debates - View all Rishi Sunak's debates with the Northern Ireland Office
(8 years, 11 months ago)
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The Prime Minister
We have encouraged companies to have profit-sharing arrangements, and we took action in previous Budgets to do that. But we are going further than that, of course, by making sure that there is, for the first time in our country, a national living wage, which will come in in April of this year. That means the lowest-paid people in our country—people on the minimum wage—will have a 7.5% pay rise coming this April, under a Conservative Government.
Rishi Sunak (Richmond (Yorks)) (Con)
Q3. With mounting global economic uncertainty, it was comforting to see this morning’s figures showing record UK employment. In this new age of kinder, consensual politics, does my right hon. Friend agree that every Member of this House should welcome the news that from North Yorkshire to north London, Britain is back in work?
The Prime Minister
My hon. Friend is absolutely right; over the past year, we have seen more people in work in every region in our country, and that is welcome. This morning’s unemployment figures, which the House might not have had time to see, are very welcome. The unemployment rate is now the lowest in nearly a decade, at 5.1%; the unemployment rate is now lower than it was at the start of the recession; the latest figures show unemployment falling by another 99,000; and we have today in our country the record number of people in work ever in our history and a record number of women in work. Since I became Prime Minister we have 2.3 million more people in work, and I am sure that is something the whole House can welcome.