Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Giles Watling Excerpts
Tuesday 15th March 2022

(2 years, 5 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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As is common to all other years, welfare is uprated annually by September’s CPI. That will be the case next year as well, as my right hon. and learned Friend the Financial Secretary laid out. For those on universal credit we have cut the tax rate to ensure that work pays, delivering a £2 billion tax cut to 2 million on low incomes—the best route out of poverty.

Giles Watling Portrait Giles Watling (Clacton) (Con)
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T3. With the cost of fuel reaching record levels, we face a cost of living rise across the board. Everything we consume has to be delivered, and in Clacton that can be a long way. France is offering rebates and Germany a fixed price reduction. Has my right hon. Friend considered a special reduction, of say 15%, for vital fuel users, such as haulage companies?

Rishi Sunak Portrait Rishi Sunak
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My hon. Friend is right to point out the importance of fuel as a cost for both businesses and households. That is why I am proud that we delivered the eleventh freeze in fuel duty in a row. That has delivered huge savings for households and businesses over the past several years.