Autumn Statement Debate

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Department: HM Treasury

Autumn Statement

Alberto Costa Excerpts
Wednesday 22nd November 2023

(1 year, 1 month ago)

Commons Chamber
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Jeremy Hunt Portrait Jeremy Hunt
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What I can confirm to the hon. Lady is that a year ago they were predicted to fall by 3.7%, and now the OBR says that they will increase this year by 2.5%.

Alberto Costa Portrait Alberto Costa (South Leicestershire) (Con)
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The people of Blaby and Glen Parva were listening attentively to the Chancellor’s welcome statement. They will go to the polls on 21 December for two by-elections, a county council and a ward by-election. What positive message has the Chancellor for the residents, the businesses, the pensioners and all the people of working age in Blaby and Glen Parva about his welcome financial statement?

Jeremy Hunt Portrait Jeremy Hunt
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What I would say to the businesses in Blaby and Glen Prva is that for every single small business we have frozen business rates, and we are rolling over a 75% discount on business rates for every pub, restaurant and high-street shop for another year. We want to do everything possible to back small businesses, because they are the lifeblood of our communities.