Economic Situation Debate

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Department: HM Treasury

Economic Situation

Chi Onwurah Excerpts
Wednesday 12th October 2022

(2 years, 2 months ago)

Commons Chamber
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Chris Philp Portrait Chris Philp
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The growth plan protected the hon. Lady’s constituents and mine from what could have been £6,000 or £7,000 energy bills this winter. Frankly, I think they will welcome that. The growth plan will lay the foundations to continue the G7-leading growth we experienced last year and this.

Chi Onwurah Portrait Chi Onwurah (Newcastle upon Tyne Central) (Lab)
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I would like to dare the Minister to come to Newcastle and explain to my constituents, who are worried about their mortgage payments, their pensions, their benefits payments, their public services, their businesses and the cost of their supermarket shop, that this Government are fiscally responsible. They would laugh in his face, which is what the markets are doing. Why cannot he accept that the only way to address this crisis, made in Downing Street, is to withdrawal the fiscal mini-Budget and put in place something credible, costed and competent?

Chris Philp Portrait Chris Philp
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Once again, the hon. Lady calls for the withdrawal of the growth plan, yet she voted last night for the biggest measure contained in it. I would be quite happy to explain to anyone, whether in Newcastle, in her constituency, or in Croydon, south London, in mine, that we are protecting people from energy price rises, that we have plans to keep our record growth levels going, that we are cutting taxes on working people and that we have a plan to get the economy going. I would be happy to go anywhere in the country and explain that.