(9 months, 1 week ago)
Commons ChamberThe Secretary of State will know that much of our monetary policy, which has an effect on interest rates for Welsh businesses and Welsh households, is decided in Threadneedle Street. Has he met the Governor of the Bank of England recently? If not, will he invite him to Wales to see the impact of his policies on the Welsh economy? Will he hold a meeting with other Welsh MPs, and may I humbly suggest that it be in Blackwood, Newbridge or Risca in my constituency?
The hon. Gentleman will surely be aware that the Bank of England sets interest rates independently, as a result of a policy brought in by the former Labour Government. It has been widely accepted that it is right that the Bank should set interest rates with a view to not what politicians ask it to do, but what the economy demands. As a result of the policies being pursued by this UK Government in conjunction with the Bank of England, inflation has dropped drastically from over 11% to 4%, and I would like to think that interest rates will soon follow.
(1 year, 7 months ago)
Commons ChamberI have regular discussions with Cabinet colleagues on a range of issues. As a result of Putin’s illegal invasion of Ukraine, households in Wales have seen their energy bills increase, which is why the Government have provided support totalling £94 billion, or £3,300 per household, to help with higher bills.
A constituent of mine who is a mother and a carer for her disabled son wrote to me recently. She told me that she is watching every penny and is deeply worried about how she will afford energy in the coming winter. She is one of the nine in 10 families with a disabled child who the Family Fund says are struggling to afford simple household bills. What direct advice does the Secretary of State have for my constituent and thousands like her who are in a hopeless situation?
There are indeed many people suffering at the moment, and I feel very sorry for the hon. Gentleman’s constituent. The Government have supported households with the rising cost of living by maintaining the energy price guarantee at £2,500 from April to June 2023, saving households an additional £160. Over the winter, the Government were paying on average about half of people’s energy bills. For those living in households where someone has a disability, there has been an extra payment of £150.
(4 years, 9 months ago)
Commons ChamberWe certainly recognise the importance of those east-west links in both north and south Wales, as will be clear from the improvements in the rail and road infrastructure and the growth deals. I recently had a chance to see cross-border working in action when Dŵr Cymru was taking water in from English counties in order to ensure that fresh water continued to run in Monmouth after the floods, and I pay tribute to it for that, but I can assure my hon. Friend that we will recognise the importance and benefits of cross-border working because we are a Unionist party.
As the Secretary of State will know, Henry VII landed next door to his constituency, and he grew up in in Raglan Castle, in the Minister’s constituency. He then gained the crown at Bosworth Field, which brought about the Tudor dynasty. Has the Minister considered promoting the history of our modern royal family by creating a Henry VII trail?
That is an excellent and interesting idea. I know that the hon. Gentleman is an expert on sporting history and the contribution that boxing has made in Wales, but I had not realised that he was also interested in Tudor history. I look forward to discussing that with him outside the Chamber.