Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Gerald Jones Excerpts
Tuesday 15th March 2022

(2 years, 9 months ago)

Commons Chamber
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Kim Johnson Portrait Kim Johnson (Liverpool, Riverside) (Lab)
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1. What recent assessment he has made of the impact of inflation on living standards.

Gerald Jones Portrait Gerald Jones (Merthyr Tydfil and Rhymney) (Lab)
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6. What fiscal steps he plans to take to help reduce the impact on households of the rise in the cost of living.

Marie Rimmer Portrait Ms Marie Rimmer (St Helens South and Whiston) (Lab)
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16. What fiscal steps he plans to take to help reduce the impact on households of the rise in the cost of living.

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Rishi Sunak Portrait Rishi Sunak
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The hon. Lady talks about children in poverty, and I am pleased that there are now 300,000 fewer children in poverty than in 2010 thanks to the actions of Conservative-led Governments. We all know that the best way to ensure the children do not grow up in poverty is to ensure that they grow up in a house where people work, and that is why I was delighted this morning to learn that there are record numbers of people on payroll.

Gerald Jones Portrait Gerald Jones
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Citizens Advice has told me that one in six people in my constituency of Merthyr Tydfil and Rhymney are unable to pay their energy bills right now, and that is before they spike next month and before the Chancellor’s national insurance hike. Some 86% of people said that they did not think that the October energy loan scheme would make a difference in helping to pay their bills. The conflict in Ukraine will inevitably lead to a further surge in energy prices, so if he will not accept Labour’s suggestion of a windfall tax on oil and gas producers, what exactly will the Chancellor do now to relieve the pressures on people in my constituency and across the country?

Rishi Sunak Portrait Rishi Sunak
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We are putting in place support to help households meet the rising cost of energy bills, and £9 billion of support will help to ensure that four out of five households in England will receive £150 starting this April, with a further £200 of support towards the autumn. Of course, councils have been given extra money for discretionary funding to help households in need as well.