Autumn Statement Debate

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Department: HM Treasury

Autumn Statement

Baroness Laing of Elderslie Excerpts
Thursday 17th November 2022

(2 years, 1 month ago)

Commons Chamber
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None Portrait Several hon. Members rose—
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Baroness Laing of Elderslie Portrait Madam Deputy Speaker (Dame Eleanor Laing)
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Goodness! Here is a surprise. I call Chris Bryant.

Chris Bryant Portrait Chris Bryant (Rhondda) (Lab)
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That was a bit of a surprise, Madam Deputy Speaker. I do not think that you carried the House there.

This is really grim. The public finances are in a really difficult situation, and even more importantly the OBR figures show that disposable income for households will fall after what the Chancellor has done today by 7% over the next two years. Will he confirm that that is the biggest fall in our history? That means families not being able to afford things, and that is, in the end, at the doorstep of No. 10, is it not?

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Alberto Costa Portrait Alberto Costa (South Leicestershire) (Con)
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Chancellor, you have agreed to meet me and other Leicestershire colleagues to discuss the worrying situation that Leicestershire County Council has been facing for years when it comes to its financing. While I greatly welcome your autumn statement today—

Alberto Costa Portrait Alberto Costa
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While I greatly welcome his autumn statement, will the Chancellor tell the House today—and, indeed, those at Leicestershire County Council, who are listening to proceedings—how his autumn statement will help them with their finances?

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Jeremy Hunt Portrait Jeremy Hunt
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This year we have supported the poorest families with £1,200 to deal with an exceptional increase in the cost of living. We have the household support fund, which we are giving to councils so that they can help to ensure that people do not fall between the cracks, and there is money for the NHS and care system, which is also targeted at the most vulnerable and people living in poverty.

We are doing a great many things today. There is always more that we can consider, but strong public services need a strong economy, and that is what you get with the Conservatives.

Baroness Laing of Elderslie Portrait Madam Deputy Speaker (Dame Eleanor Laing)
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And the prize for patience and perseverance goes—as so often—to Margaret Ferrier.

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Jeremy Hunt Portrait Jeremy Hunt
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I thank the hon. Lady for her patience in waiting all this time to ask her question. The issues that she has raised are going to be looked at by the Secretary of State for Work and Pensions in the review that he is conducting for the Prime Minister on the increase in the number of economically inactive adults and what we can do to improve incentives, but today we have announced—exceptionally—an increase in the benefit cap to ensure that the families who depend most on the benefits system are given all the extra help that we are promising today.

Baroness Laing of Elderslie Portrait Madam Deputy Speaker
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I thank the Chancellor for his statement, and I thank everyone who, for three hours and five minutes, has held him to account at the Dispatch Box.