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673738
registered interest false more like this
date less than 2017-01-11more like thismore than 2017-01-11
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury remove filter
hansard heading Average Earnings remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential effect on wage growth of recent trends in the Office for Budget Responsibility's economic forecasts. more like this
tabling member constituency Cumbernauld, Kilsyth and Kirkintilloch East more like this
tabling member printed
Stuart C. McDonald remove filter
uin 908221 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-01-17more like thismore than 2017-01-17
answer text <p>Wage growth has now outstripped inflation for 25 consecutive months, the longest period of real wage growth since before the recession. In their November Economic and Fiscal Outlook, the Office for Budget Responsibility forecast wage growth of 2.2% for 2016, and that this would rise to 2.4% in 2017, 2.8% in 2018 and above 3% per annum from 2019 onwards.</p><p> </p> more like this
answering member constituency South West Hertfordshire more like this
answering member printed Mr David Gauke more like this
question first answered
less than 2017-01-17T16:39:32.293Zmore like thismore than 2017-01-17T16:39:32.293Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
4393
label Biography information for Stuart C McDonald more like this