Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Rushanara Ali Excerpts
Tuesday 22nd May 2018

(5 years, 11 months ago)

Commons Chamber
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John Bercow Portrait Mr Speaker
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I look forward to learning more about blockchain. I am uninitiated on the matter, as the hon. Member for Walsall North (Eddie Hughes) can tell, but I feel sure that he will put me in the picture erelong.

Rushanara Ali Portrait Rushanara Ali (Bethnal Green and Bow) (Lab)
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The Governor of the Bank of England has stated that economic uncertainty caused by the Brexit vote will knock 5% off wage growth and is costing the UK economy £10 billion a year. Does the Chancellor agree with the Governor?

Lord Hammond of Runnymede Portrait Mr Hammond
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We have not yet concluded our negotiations with the European Union, so it is impossible to make any assessment of the impact of our departure until we know what the future relationship with the EU will be. This Government’s agenda is to get the best possible deal for Britain that protects jobs, prosperity and businesses, so that we can protect our existing trade with the EU as well as build new trade opportunities beyond Europe.