Budget: Pre-announcement of Provisions Debate

Full Debate: Read Full Debate
Department: HM Treasury

Budget: Pre-announcement of Provisions

Drew Hendry Excerpts
Tuesday 26th October 2021

(2 years, 9 months ago)

Commons Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts

Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.

Each Urgent Question requires a Government Minister to give a response on the debate topic.

This information is provided by Parallel Parliament and does not comprise part of the offical record

Simon Clarke Portrait Mr Clarke
- Hansard - - - Excerpts

I thank the hon. Gentleman for his point. Clearly, he might want to take this matter up with the leader of his own party, as I understand that it has been the subject of some disagreement. The Government are of course committed to ensuring that younger workers get fair pay. We obviously have to balance that against the wider commitment that we have to ensuring that we do not perpetuate the serious situation of youth unemployment that we inherited from the last Labour Government. There will be good news for younger workers in the Budget tomorrow.

Drew Hendry Portrait Drew Hendry (Inverness, Nairn, Badenoch and Strathspey) (SNP)
- View Speech - Hansard - -

These decisions made by the Government deeply affect people’s lives: energy bills are rocketing; inflation is up; food and petrol prices are up; furlough has ended; and universal credit has been cut. It is no wonder that Citizens Advice Scotland is predicting that my constituents and others will face a really tough winter. They then face an increase in national insurance. With that in mind, is the Chancellor really going to give his old pals in the City a tax cut in the Budget tomorrow?

Simon Clarke Portrait Mr Clarke
- Hansard - - - Excerpts

The hon. Gentleman will be aware that the £500 million household support fund is being put in place precisely to ensure that we protect families through the winter that lies ahead. That comes on top of all the measures that we have put in place to ensure that we adjust for the cost of living. This Government tax people very fairly. The richest 1% and 5% are paying more tax than they did under the last Labour Government. That includes the banks, which pay their fair share as part of a wider economic settlement.