(2 years, 10 months ago)
Commons ChamberI will make some progress. As oil and gas giants are seeing more profits than the whole of the Treasury corporation tax take combined, Labour has been clear that a windfall tax should be levied on companies that are profiting, cushioning rocketing household energy bills and helping hard-working families here in Britain.
My hon. Friend is making a really important point. Last year, the Meadows food bank, just one of the food banks in my constituency, gave out 38 tonnes of food and fed 40,000 meals to over 2,000 households. Does he share my concern that, with rising food and energy prices, those numbers will be even higher in 2022?
My hon. Friend shows us the contrast of an excellent local MP highlighting the work of the Meadows food bank, because we know the difference that it makes. Frankly, I find it sickening to see Conservative MPs carrying out the same visits. They are in government, and the job of Government is to make sure that there is not a need for food banks, not to turn up for a photoshoot.
On top of the cost of living crisis, the Government are making the situation even worse. The national insurance rise in April will cost the average household £600 a year more. The freeze in the personal tax allowance will cost £78 and petrol will be up £250 a year, with real wages and pensions set to fall further. This is firmly a bills bombshell and it is made straight at the door of Downing Street.