Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Virendra Sharma Excerpts
Tuesday 17th May 2022

(2 years, 6 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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I thank my right hon. Friend the Chair of the Select Committee for his important intervention. I agree with him wholeheartedly. While we face challenges at the moment, the record of 25 years of central bank independence speaks for itself, with an average inflation rate of exactly 2%. I know all colleagues will want to make sure that we return to that as swiftly as possible, and I can assure him that that is both my and the Governor’s ambition.

Virendra Sharma Portrait Mr Virendra Sharma (Ealing, Southall) (Lab)
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T4. Labour has uncovered £3.5 billion-worth of covid contracts that were awarded to Tory-linked firms. Last week, Dominic Cummings said that bungs were paid, with no civil service oversight, to newspapers. Why on earth does the Chancellor think the British public should trust him with the public finances when he manages the economy with the Prime Minister’s mantra, “One rule for us, one rule for everyone else”?