Drew Hendry
Main Page: Drew Hendry (Scottish National Party - Inverness, Nairn, Badenoch and Strathspey)Department Debates - View all Drew Hendry's debates with the HM Treasury
(6 months, 3 weeks ago)
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Drew Hendry (Inverness, Nairn, Badenoch and Strathspey) (SNP)
Westminster’s cost of living crisis disproportionately affects those on low incomes, young people, and people living in rural areas with limited travel options. One example is the soaring cost of car insurance, which is inexplicably higher in Scotland than in most other parts of the UK. A 22-year-old with five years’ driving experience might expect their premiums to go down, yet they pay on average £667 more than they did when they passed their test at the age of 17. Why are the UK Government doing absolutely nothing to hold insurance companies to account?
Laura Trott
I cannot comment on the specifics of car insurance companies, but what I can say is that for people struggling with the cost of living, whatever form that struggle takes, working-age benefits are going up by 6.7% this year.
Drew Hendry
Clearly, the Minister has paid no attention to this matter at all. This issue is exceptional to the UK. While prices for car insurance have more than doubled in the UK, they have gone up by only 18% across the EU over the same period, and car insurance has gone down by 20% in an independent Ireland. What are the reasons? Is it Brexit, or shameless profiteering? Or, as we suspect, has Westminster just given up on people in the cost of living crisis?
Laura Trott
I think that we have heard enough from the Brexit zombies on the other side of the Chamber.
Laura Trott
I am, if the hon. Gentleman would just like to listen. The national living wage is up by 9.8% this year, which helps with exactly the type of costs that he is talking about.