Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Robert Courts Excerpts
Tuesday 11th September 2018

(5 years, 7 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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I know that he does have such views, Mr Speaker. As my right hon. Friend asked—and I know that her Committee questioned the Governor on this subject last week—I can now announce to the House that I have been discussing with the Governor his ability to serve a little longer in post in order to ensure continuity through what could be quite a turbulent period for our economy in the early summer of 2019. I can tell the House today that the Governor has agreed, despite various personal pressures to conclude his term in June, that he will continue until the end of January 2020 in order to help to support continuity in our economy during this period.

Robert Courts Portrait Robert Courts (Witney) (Con)
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Will the Chancellor please confirm that the income of the lowest-paid has grown more than twice as fast as the income of the very highest over recent years?

Lord Hammond of Runnymede Portrait Mr Hammond
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Yes, thanks to this Government’s introduction of the national living wage.