Ben Obese-Jecty
Main Page: Ben Obese-Jecty (Conservative - Huntingdon)Department Debates - View all Ben Obese-Jecty's debates with the HM Treasury
(2 months ago)
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Rachel Reeves
I thank my hon. Friend for that question, and I say to Mrs Williams and all those who work in the ceramics sector: I am proud to be the Chancellor who is backing British industry and British jobs.
Ben Obese-Jecty (Huntingdon) (Con)
Back in March, the Chancellor announced the £50 million crisis and resilience fund to help families with the price of heating oil, which is a big issue in rural constituencies such as mine. Does she have any plans to extend or repeat that scheme come the autumn, given that we are likely to have a similar crisis with the strait of Hormuz still shut? To what extent will the Russian oil that will come via a third country under commodity code 2710 form part of the fuel mix?
Rachel Reeves
Yesterday, we introduced the toughest set of sanctions on Russia that this country has ever had, but like the previous Government, we are phasing those in so that they do not have a disproportionate impact on industry here in the UK. That is what the previous Government did, and that is what we are doing as well.
The hon. Gentleman mentions support for people with the cost of heating oil. We were pleased to be able to introduce targeted support in areas that are particularly dependent on heating oil. We are doing a piece of work at the moment to see how much money has been used by local authorities—some have been more proactive than others in ensuring that local residents get support—and once we have completed that, we will look at whether and what further support is needed.