Economy Update

Debate between Feryal Clark and Rishi Sunak

Thursday 26th May 2022 Commons Chamber

[Rishi Sunak]

I am proud that this Government worked to agree a new international taxation agreement, signed by over 130 countries, so that we can tax the profits of large digital companies more fairly. That will come into effect in the coming months and years. It is something we should all be proud of and can all get behind. I believe that the Labour party opposes the policy and would scrap that treaty.

[Feryal Clark (Enfield North) (Lab)]

My borough of Enfield has the 11th highest rate of child poverty in the country, and one in five people are on low pay. While the Chancellor has been dragged kicking and screaming to an inevitable outcome, families have been suffering for months. The measures today are welcome, but they need to be delivered efficiently and effectively. Can the Chancellor therefore outline what steps he will take to speed up the painfully slow council tax rebate, which is causing significant distress to my constituents?

[Rishi Sunak]

I know councils are working as hard as they can to get the payments to people, and we of course remain engaged with them, to help provide the support that they need to do that as fast as possible.