Autumn Statement

Bill Esterson Excerpts

Thursday 5th December 2013 Commons Chamber

[Mr Osborne]

My hon. Friend has been an assiduous campaigner for lower fuel duty for his constituents. Indeed, he lobbied me about it in the Division Lobbies yesterday, although we had already taken the decision by then. He draws attention to the rural fuel rebate. That is an important scheme that we have introduced for some of the remote islands in Scotland and other parts of the United Kingdom. We would like to extend the scheme more widely, but we are constrained by European Union rules, which we are challenging. I am glad that the scheme is benefiting some of his constituents.

[Bill Esterson (Sefton Central) (Lab)]

When will the Chancellor accept the reality that for most ordinary people, the economy is about the cost of living crisis? Will he confirm that for 40 of the last 41 months, under his stewardship, prices have risen faster than wages?

[Mr Osborne]

Disposable household income is rising. The way to ensure that it continues to rise is to ensure that we have a sustained and responsible economic recovery. The cost of living for the people who live in this country cannot be detached from the performance of the overall economy, as the country sadly discovered when it had the biggest recession in modern history and people’s incomes were hit so badly. Our argument is that the only way to improve living standards in this country is to create jobs, support businesses as they expand and create those jobs, and ensure that the country gets out of its dependence on debt. That is precisely what we are doing.