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Speech in Commons Chamber - Wed 12 Oct 2022
Economic Situation

"The reason that, on the second day of the new Government’s term in office, we brought forward the energy price guarantee was to protect consumers and in effect lower inflation by 5% compared with where it would otherwise be. We legislated at pace yesterday to alleviate the burden of the …..."
Chris Philp - View Speech

View all Chris Philp (Con - Croydon South) contributions to the debate on: Economic Situation

Speech in Commons Chamber - Wed 12 Oct 2022
Economic Situation

"It is not taxpayers’ money in the sense that the phrase suggests. There is a fiscal indemnity so that any profit or loss will end up flowing back to the Exchequer, but, as I said to my hon. Friend the Member for Hitchin and Harpenden (Bim Afolami), whether that is …..."
Chris Philp - View Speech

View all Chris Philp (Con - Croydon South) contributions to the debate on: Economic Situation

Speech in Commons Chamber - Wed 12 Oct 2022
Economic Situation

"I think the Prime Minister said a couple of weeks ago that, with hindsight, some of the pitch rolling or preparation could have been better handled, but I think that the package of measures is in the interests of the country. In addressing the cost of living pressures that the …..."
Chris Philp - View Speech

View all Chris Philp (Con - Croydon South) contributions to the debate on: Economic Situation

Speech in Commons Chamber - Wed 12 Oct 2022
Economic Situation

"I thank my right hon. Friend for his question. As Chairman of the Education Committee, he is a tireless campaigner for education and skills. I agree that the purpose of economic growth is to grow all parts of the economy, to help people across the entire income spectrum—rich and poor …..."
Chris Philp - View Speech

View all Chris Philp (Con - Croydon South) contributions to the debate on: Economic Situation

Speech in Commons Chamber - Wed 12 Oct 2022
Economic Situation

"As I have explained before, we are in a global cycle of interest rate increases and there has been global dollar strength. We have taken action in the energy intervention and in the growth plan to protect our constituents, get our economy growing and build on our record as the …..."
Chris Philp - View Speech

View all Chris Philp (Con - Croydon South) contributions to the debate on: Economic Situation

Speech in Commons Chamber - Wed 12 Oct 2022
Economic Situation

"Absolutely. I completely agree with my hon. Friend, whose work on jobs fairs is extremely commendable. The way out of poverty and to create prosperity is to get people into good jobs and see rising wages. That is how we will combat poverty. That is why it is so welcome …..."
Chris Philp - View Speech

View all Chris Philp (Con - Croydon South) contributions to the debate on: Economic Situation

Speech in Commons Chamber - Wed 12 Oct 2022
Economic Situation

"The hon. Member calls for a reversal of the growth plan, yet she voted in favour of its largest measure just last night. She talks about sidelining the OBR, yet it will be fully scoring the medium-term fiscal plan on 31 October. The right response is to protect our constituents …..."
Chris Philp - View Speech

View all Chris Philp (Con - Croydon South) contributions to the debate on: Economic Situation

Speech in Commons Chamber - Wed 12 Oct 2022
Economic Situation

"If I may respectfully say so, that is nonsense. The tax reductions, including those that the hon. Gentleman voted for last night, apply to everybody in work earning more than £12,570 a year. The national insurance cut and the cut to the basic rate of income tax are tax cuts …..."
Chris Philp - View Speech

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Speech in Commons Chamber - Wed 12 Oct 2022
Economic Situation

"Respectfully, no, I do not agree...."
Chris Philp - View Speech

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Speech in Commons Chamber - Wed 12 Oct 2022
Economic Situation

"I have already explained, as I think I said yesterday, that there is a statutory process that happens every single year when these decisions get taken. No decision has been taken on the question yet; indeed, the September CPI figure, which is relevant, has not even been published yet. When …..."
Chris Philp - View Speech

View all Chris Philp (Con - Croydon South) contributions to the debate on: Economic Situation