Cost of Living Increases

Debate between David Linden and Andrew Griffith

Tuesday 25th April 2023 Commons Chamber

[The Economic Secretary to the Treasury (Andrew Griffith)]

This is a Government who will always support those who need it the most, a Government on the side of working families and a Government who are implementing generational, landmark policies to get the economy growing and ensure that everyone shares in its success. Just look at the impact of decisions made from the autumn statement 2022 onwards. It shows beyond doubt that Government support for households in 2023-24 provides low-income households with the largest benefit in cash terms and as a percentage of income. In fact, on average, households in the bottom half of income distribution will see twice the benefit of households in the top half, in cash terms. Because of the rises in tax thresholds introduced by successive Conservative Governments, for the first time ever, people in our country can earn £1,000 a month without paying a penny of tax or national insurance.

I thank my right hon. and hon. Friends for their contributions: my right hon. Friend the Member for South Northamptonshire (Dame Andrea Leadsom); and my hon. Friends the Members for Guildford (Angela Richardson); for Poole (Sir Robert Syms); for Clwyd South (Simon Baynes); for Runnymede and Weybridge (Dr Spencer); for Broadland (Jerome Mayhew); for Wantage (David Johnston), for Aylesbury (Rob Butler); for Mansfield (Ben Bradley) and for Peterborough (Paul Bristow). They all made salient comments about the support this Government are giving at this time when the cost of living has been rising.

As my right hon. Friend the Chief Secretary to the Treasury reminded us, the best way we can help people get through a period of rising prices is by bearing down on inflation. At the same time, we are cutting debt and growing the economy, which is the best way to lift living standards. But we also know at this time that some people need additional, targeted support. In the face of cost of living headwinds, we demonstrated our values by protecting struggling families with a £2,500 energy price guarantee, one-off payments and the uprating of benefits. Aside from the measures on energy, we made changes that mean the average driver has saved about £200 in total since the 5p fuel duty cut was introduced.

[David Linden (Glasgow East) (SNP)]

The Minister speaks about the support the Government have given in terms of the cost of living payment. Why is it then that, when someone has already been punished with a sanction, the Government punish them twice by not giving them the cost of living payment?

[Andrew Griffith]

I understand that the hon. Member and his party are not happy campers these days, but we are giving more money per head to households in Scotland than we are in the rest of the United Kingdom, which is why he should get behind the many benefits of being part of this Union. On this very day, more than 8 million families across the United Kingdom will receive in their accounts a £301 cost of living payment from the Government, and that is just the first of three payments that will be made, giving a total of £900 to low-income and vulnerable families.

One measure that touches almost everyone in this country is childcare. In the Budget, we on the Conservative Benches confirmed the biggest expansion of free childcare in living memory. Our new offer will close the gap between parental leave ending and the current childcare offer. It will reduce costs for parents who can get back to work and make sure that a career break does not become a career end. It will improve the lives of millions of people. It is the right thing to do, but we can only afford to do that because of the fiscal discipline that we have exercised.

I am delighted that, as people go to the polls next week, the Opposition have given them a reminder of where they stand, for which I am grateful. Conservative councils charge £80 a year less than Labour on a band E property. Under the last Labour Government, council tax doubled. Under Labour Wales, it has more than trebled. Not for the first time, Labour says one thing and does another. Its motion today calls for a council tax freeze, and yet, far from freezing, I looked at the increases in every one of the constituencies of those on the Opposition Front Bench: Leeds up 5%; Wolverhampton up 5%; Camden up 5%; Ealing up 5%; Greenwich up 5%. A full house of Labour councils charging the maximum that they are allowed in council tax.

Enough, Madam Deputy Speaker: enough of the Opposition giving us rhetoric not record; enough of the economic illiteracy from Opposition Front-Bench spokesmen; and enough of these ChatGPT-does-socialism-type speeches that we have heard this afternoon. We should never forget Labour’s record on the economy: working people and your children pay the price. Labour has ditched its rule not to borrow to fund day-to-day spending, so we know its plan to stick billions on the nation’s credit card. [Interruption.] Labour Members can intervene if I am incorrect. No Labour Government have ever left office with unemployment lower than when they came to power. Under the last Labour Government, unemployment rose from 2.1 million in 1997 to 2.5 million by the time they left office in 2010—more people denied the security and the chance in life of a good job.

Finally, let us never forget, when Labour left office in 2010, how the then Chief Secretary wrote—[Hon. Members: “Ah!”] What did he write? He wrote:

“Dear Chief Secretary, I’m afraid there’s no money left.”

We are a Government focused on delivering the British people’s priorities. We are making sure that we are helping those in financial strain. We are focused on the future and we are delivering not just for growth that comes when a country emerges from a downturn, but for long-term sustainable healthy growth.

Since the Conservative Government came into power in 2010, we have grown more than major economies such as France, Italy or Japan and around the same as Europe’s largest economy, Germany. We have halved unemployment. We have cut inequality and reduced the number of workless households left to us by 1 million. Output is now higher than pre-pandemic levels. There is still much to do, but we are on track to deliver—

UK Infrastructure Bank Bill [ Lords ] (Second sitting)

Debate between David Linden and Andrew Griffith

Committee stage
Tuesday 22nd November 2022 Public Bill Committees

[Andrew Griffith]

That is effectively what I am doing. The key point is that this is a novel institution. It has a great deal of runway, and it also has an awful lot of operationalising and scaling to do over the immediate period. I hope that no one wants to subject the bank to an excess of reviews during that initial period, as that would inevitably detract from its resources. None of that takes us away from any of the accountability measures we have talked about. I will write to the hon. Lady with a determination, or an explanation, regarding whether we can substitute a different interval in clause 9(5).

[David Linden (Glasgow East) (SNP)]

As this is the first time I have spoken this afternoon, may I say that it is a pleasure to serve under your chairmanship, Mr Bone?

I want to pin the Minister down a little on what he means when he talks about coming back. Would that be coming back in the form of writing to the hon. Member for Erith and Thamesmead, or coming back during the Bill’s remaining stages? I want to clarify exactly what he means, because some of us have fallen foul of such behaviour by Ministers before.

[Andrew Griffith]

I am not sure what is the nefarious behaviour of which the hon. Member speaks. I have spoken about our wanting to get the review intervals right. I am talking about potentially proposing a different number as an amendment at a later stage of the Bill.

[David Linden]

On Report?

[Andrew Griffith]

Yes.

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[Andrew Griffith]

It remains my contention that it is simply not necessary for this barnacle to be adhered to this particular ship as it steams out on its levelling-up mission across the UK, taking us on the path to net zero.

[David Linden]

If I understand it correctly, the Minister’s objection to new clause 1 is that the bank would already be doing quite a lot of reporting anyway—by a nod of the head, he is acceding to that. If the Government oppose further reporting, I presume that they object to new clause 1 because they have undertaken an impact analysis of it. Could he place that impact assessment in the Library so that Members can see it, and perhaps the new clause could be brought back on Report?

[Andrew Griffith]

I remind the hon. Gentleman that this is not a Government new clause. If anyone wishes to conduct an impact assessment of it, they are very welcome to do so, but it was not tabled by the Government.

[David Linden]

Does that mean that the Minister is objecting to the new clause purely because it was tabled by the Opposition, rather than based on evidence?

[Andrew Griffith]

Our position has been very consistent. I understand that it may not be the position of the Opposition, and it is no worse for that. Our position is that statute is not the be-all and end-all. The most important thing is that we get this bank up and running, delivering on its outcomes, and that we do so in good fashion, with the minimum, not maximum, amount of extra statute.

The new clause contains two elements, so I will turn briefly to the other point nested in it, which is the good jobs plan. The bank is already committed to pursuing good environmental, social, resilience and governance policy. We do not feel that adding extra statutory requirements in this particular case is the right decision. The bank will be reporting on the number of jobs created as one of its key performance indicators and will be working up measures on productivity as well as setting out the impact of its assessments, on which we will all hold it to account. With that, I ask the Opposition to withdraw their new clause.

--- Later in debate ---

[David Linden]

Further to that point of order, Mr Bone. Following the remarks of the hon. Member for Erith and Thamesmead, I thank all hon. Members for their contributions, and you as Chair, Mr Bone, and the Clerks and the officials. I thank in particular the hon. Member for North East Bedfordshire. I think we knew it was unlikely that he would sacrifice his position in the governing party by voting against the Government, but his amendments were helpful in provoking discussion. I know that a number of my colleagues on Bill Committees this afternoon will not have the luxury of finishing at 3 o’clock. On that basis, I thank everybody present for the speedy way in which the Bill has passed through the House and look forward to the further stages and to any remaining t’s being crossed and i’s dotted.

[Andrew Griffith]

Further to that point of order, Mr Bone. I echo the comments of the hon. Member for Glasgow East and commend the hon. Member for Erith and Thamesmead for her graciousness and diligence. It is fully understood on this side of the Committee that Opposition Members do not have the same support as that provided to Ministers by officials. A great deal of diligence goes into preparing amendments and advocating them. The hon. Member for Ealing North is always a strong advocate for his party’s position. I thank my officials for their work in preparing and presenting the Bill. I thank you, Mr Bone, and your officers. I hope my colleagues will not mind me singling out my hon. Friend the Member for North East Bedfordshire for bringing a certain je ne sais quoi to proceedings, and for advancing his own cause.

Bill, as amended, to be reported.

UK Infrastructure Bank Bill [ Lords ] (First sitting)

Debate between David Linden and Andrew Griffith

Committee stage
Tuesday 22nd November 2022 Public Bill Committees

[David Linden]

On a point of order, Mr Davies. I am sure the Minister is not at all suggesting that you have selected amendments that are out of scope for the Committee to vote on.

[Andrew Griffith]

My reference to “scope” related to the broad set of industrial policies laid out by the hon. Member for Erith and Thamesmead, not to the wording of the amendments.

--- Later in debate ---

[Andrew Griffith]

As I have laid out, the Government’s position is that the steer to the bank, which is flexible and can be updated from time to time, rather than requiring primary legislation—it may be something the Labour party wishes to take advantage of in future—is a more agile and flexible way of guiding the bank as it seeks to achieve its objectives.

[David Linden]

Is the Minister therefore suggesting that that would only be within a policy framework rather than in the issuing of secondary legislation?

[Andrew Griffith]

That is what I am suggesting.

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[Andrew Griffith)]

I beg to move amendment 5, clause 7, page 3, line 23, at end insert—

“(ba) the Board is to appoint one or more directors to be responsible for ensuring that the Board considers the interests of the appropriate national authorities when making decisions;”

This amendment would require the Bank’s Board to include one or more directors with responsibility for ensuring that the Board considers the interests of the appropriate national authorities when making decisions.

The amendment sets out the requirement for UKIB’s board to appoint one or more directors to be responsible for ensuring that the interests of the devolved Administrations are considered in the board’s decision making. The work of the bank is UK-wide and it has already supported projects in each of the devolved Administrations. Given that Scotland, Wales and Northern Ireland have strong interests in infrastructure investment in their respective nations, we, the Government, are keen to ensure that UKIB considers their views throughout its strategy and decision-making, including board discussions.

[David Linden]

I would not necessarily oppose that argument, but I look forward to the day when the legislation can be updated to remove any representatives of the Scottish Parliament’s view, when Scotland takes its place as a rightful independent nation.

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[David Linden]

I rise to indicate my support for amendment 20—[Interruption]—which I gather is also being given by Comrade Fuller on the other side of the Committee. It is very welcome that the Labour party, having recently departed from its relationship with trade unions and workers, is finally seeing the light and coming back to the idea that it ought to have a strong association with trade unions. The amendment probably could have been tidied up slightly, perhaps to include somebody from the Trades Union Congress, but on the broad thrust of the argument I very much support the idea that the Labour party is once again deciding to go back to its roots, rather than flirt too much with the policy of the right hon. and learned Member for Holborn and St Pancras (Keir Starmer).

[Andrew Griffith]

I shall strongly resist the temptation to debate the fundamental merits of workers on boards, overturning the existing system of UK corporate governance, or indeed the nationality of any particular worker. Why stop at one English worker when one could have representatives of workers from all the DAs?

In thoroughly opposing the amendment, I confirm that the bank will comply with the corporate governance code, which provides, as the hon. Member for Ealing North outlined, a number of options through which a company can achieve the desired representation. The bank has already designated Marianne Økland to take on the role of facilitating engagement with the workforce. That will be set out in the annual report when published. I ask, perhaps fruitlessly, the hon. Member not to waste the Committee’s time by pressing the amendment to a vote, given that the bank is complying with the existing UK corporate governance code.

Oral Answers to Questions

Debate between David Linden and Andrew Griffith

Tuesday 15th November 2022 Commons Chamber

[The Economic Secretary to the Treasury (Andrew Griffith)]

I thank my hon. Friend for raising this case. It was, sadly, outside the FCA perimeter, but I would be happy to meet him, because I understand that it raises important issues for him and his constituents.

[David Linden (Glasgow East) (SNP)]

T7. It is not just individual mortgage payers who are impacted by increasing borrowing costs; that is a particular problem for housing associations such as Parkhead Housing Association, which I spoke to this morning. Previously, housing associations were able to borrow at fixed rates of 25 and 30 years, but that has been reduced. Would the Chancellor be willing to meet me, to look at how we can pursue this with lenders, to ensure that we do not stifle competition when it comes to building housing association properties?