Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Stephen Timms Excerpts
Tuesday 25th October 2016

(8 years, 1 month ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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As my hon. Friend and the House will know, an announcement has been made that the airports committee this morning decided to move ahead with the north-west runway at Heathrow, and my right hon. Friend the Transport Secretary will be making a statement to the House very shortly. My hon. Friend is absolutely right to say that regional connectivity is vital. Regional slots at Heathrow have been squeezed out by the pressure on the runways there, and we will ensure, as a part of this package, that regional slots are protected in the future.

Stephen Timms Portrait Stephen Timms (East Ham) (Lab)
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Tens of thousands of UK jobs depend on euro-denominated clearing in the UK. Will the Chancellor tell us how important he regards its still being permissible in the UK after we leave the European Union?