Oral Question·Treasury
“What assessment he has made of recent trends in the level of wage growth and inflation.”
Tabled: 5 September 2018Answered: 11 September 2018
Answering Minister
Mr Chancellor of the Exchequer
Answer from Hansard
The Chancellor of the Exchequer (Rachel Reeves)
Transport costs represent 14% of household spending, so the Government took decisive action in the Budget to freeze all regulated rail fares in England for one year from March 2026—the first time that has happened in 30 years.