Financial Statement Debate

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Department: HM Treasury
Wednesday 23rd March 2022

(2 years, 2 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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The hon. Gentleman is simply wrong. Those in work, particularly on low incomes, will benefit disproportionately from the policies that have been announced today. I have given plenty of examples already, but a single mother with two children who is renting, on universal credit, and working full time, earning the national living wage, will be £1,600 better off as a result of all the policies we have announced on taxes and welfare. We are supporting exactly the people the hon. Gentleman talks about.

Deidre Brock Portrait Deidre Brock (Edinburgh North and Leith) (SNP)
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The Climate Change Committee’s estimates suggest that the overall price tag for retrofitting the UK’s homes—considered some of the most leaky and energy-inefficient in Europe—is £27 billion a year over the next 25 years. Will the Chancellor recognise that this issue needs real commitment and investment, not just tinkering around the edges?

Rishi Sunak Portrait Rishi Sunak
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No. In the spending review, we announced the largest investment in upgrading home energy efficiency that this country has ever seen—billions and billions of pounds across a range of different schemes, helping hundreds of thousands of households with the costs of upgrading their energy.