Helen Hayes
Main Page: Helen Hayes (Labour - Dulwich and West Norwood)Department Debates - View all Helen Hayes's debates with the HM Treasury
(2 years, 1 month ago)
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Chris Philp
We are very mindful of the impact that rising global interest rates have on businesses. That is one reason why we will keep corporation tax at 19% rather than increase it to 25%. What I do not know is whether the Labour party support that.
Helen Hayes (Dulwich and West Norwood) (Lab)
I would like to relay to the Chief Secretary a message that I just received from one of my constituents who was watching Prime Minister’s questions. My constituent said:
“The Prime Minister says she is unashamedly pro-growth and pro-business, but our local dry cleaner was in tears this morning at the news that their energy bill has gone up more than four-fold. They say they get it but they really don’t.”
What does the Minister have to say to my constituent and thousands more of my constituents who are simply terrified about how they will sustain their businesses or keep a roof over their heads in the context of the self-inflicted chaos and harm to our economy that his Government are causing?
Chris Philp
On the energy bills for the dry cleaner in the hon. Member’s constituency, she must be aware that the whole world has been experiencing the energy price crisis as a result of Putin’s illegal invasion. That is driving energy prices higher. The dry cleaner should be the recipient of the business energy guarantee scheme in relation to their bill. It should not see bills rising as high as she suggested, so if she writes to the Secretary of State for Business, Energy and Industrial Strategy or to me about that case, I will be very happy to look into it to make sure that the business—like businesses in all our constituencies—is being properly protected.