Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Tessa Munt Excerpts
Tuesday 11th September 2012

(12 years, 3 months ago)

Commons Chamber
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Danny Alexander Portrait Danny Alexander
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The hon. Lady will also know that the substantial increases in the personal allowance are putting more money in the pockets of people on low incomes who are working hard. We protected the lowest-paid public sector workers from the impact of the pay freeze, and she will also know that out-of-work benefits went up by 5.2% this year.

Tessa Munt Portrait Tessa Munt (Wells) (LD)
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Returning to the high cost of petrol, diesel and heating oil, I am sure the Chief Secretary is aware that in the past few days FairFuelUK has published a statement from a whistleblower alleging that the oil commodity trading market is being rigged in a similar way to LIBOR. Will he confirm that he will back the call for a wider investigation and inquiry into the UK oil trading market by the Financial Services Authority or the Bank of England, whichever is more appropriate?