Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Ian Byrne Excerpts
Tuesday 20th June 2023

(1 year, 6 months ago)

Commons Chamber
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Andrew Griffith Portrait Andrew Griffith
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I respect the hon. Member for raising this issue. It has however, been raised many times before in this House, and answered from this Dispatch Box as well.

Ian Byrne Portrait Ian Byrne (Liverpool, West Derby) (Lab)
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2. What fiscal steps he plans to take to help reduce the impact of recent increases in the cost of living on households.

Patricia Gibson Portrait Patricia Gibson (North Ayrshire and Arran) (SNP)
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5. What recent assessment he has made of the potential effects of his policies on inflation on the cost of living.

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Jeremy Hunt Portrait The Chancellor of the Exchequer (Jeremy Hunt)
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We know the pain that households up and down the country are going through as a result of the cost of living pressures at the moment, and have announced one of the largest support packages in Europe, worth around £3,300 per household this year and last.

Ian Byrne Portrait Ian Byrne
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The latest report from Which? highlights that even supermarkets’ own budget brands of food have increased in price by 26.6%. There are security locks on baby formula milk, at the same time as corporations are making vast profits. The Government have signed up to the United Nations’ sustainable development goal of eradicating poverty by 2030. Surely, in the light of those commitments, now is the time for the Chancellor to act. Will he cap essential food prices and tackle the grotesque profiteering in the food industry that is driving many of my constituents in Liverpool, West Derby into poverty?

Jeremy Hunt Portrait Jeremy Hunt
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I totally respect the hon. Gentleman for raising the concerns of his constituents in the way that he has done. I do not believe that capping prices is the right long-term solution, but we are doing a lot, including payments of £900 per household for people on means-tested benefits, £150 for households with someone disabled living in them and £300 for households with pensioners living in them, precisely because we want to help the people that the hon. Gentleman is talking about. I will be meeting the regulators next week to talk further about what needs to be done with respect to supermarkets.

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Ian Byrne Portrait Ian Byrne (Liverpool, West Derby) (Lab)
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T2. I recently met the Minister for Schools to present him with a costed proposal for piloting universal free school meals in Liverpool. He said that he was not ideologically opposed to that but all roads lead to the Treasury, so here we are. Will the Chancellor work with me and that Minister to enable this pilot, which would transform the education, health and wellbeing of thousands of children across my great city?

Jeremy Hunt Portrait Jeremy Hunt
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I will be happy to write to the hon. Gentleman to talk to him about that initiative. We are making great progress in our schools—we have risen to fourth in the global league table for reading—but we can always do more.