Gerald Jones
Main Page: Gerald Jones (Labour - Merthyr Tydfil and Aberdare)Department Debates - View all Gerald Jones's debates with the Wales Office
(2 years, 5 months ago)
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Gerald Jones (Merthyr Tydfil and Rhymney) (Lab)
The Conservatives’ cost of living crisis is hitting Wales hard. The soaring costs of energy, fuel and food have been compounded by crippling increases in tax and national insurance. The meagre 5p cut to fuel duty has proved wholly inadequate and energy costs are due to rise even further this autumn. It is clear that the Government have run out of not only ideas but Ministers. Will the Minister commit to speaking to whoever holds the post of Chancellor this afternoon about taking immediate further action to tackle the cost of living crisis?
David T. C. Davies
We have already acknowledged that there is a cost of living crisis, which was partly caused by having to spend £400 billion on getting us through the covid pandemic and by a European land war. Of course, we are doing everything we can to support people through these difficult times, which is why we are spending £37 billion on support for hard-hit households and why we have introduced a new 25% energy profits levy on oil and gas companies, which will raise about £5 billion of revenue that will also go to relieving the burden on families.