Imran Ahmad Khan
Main Page: Imran Ahmad Khan (Independent - Wakefield)Department Debates - View all Imran Ahmad Khan's debates with the HM Treasury
Oral Answers to Questions
Imran Ahmad Khan Excerpts(4 years, 2 months ago)
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Rishi Sunak
In Bradford and elsewhere, we would not like to see any job losses, but the reality is that what is happening to our economy means that, sadly, many people—almost three quarters of a million—have already lost their job and many more will. That is why our comprehensive plan for jobs aims to protect, support and create jobs in every part of our United Kingdom. That will provide hope and opportunity to people, whether it is the kickstart scheme, as I mentioned, or the opportunity for new training and skills delivered through the Prime Minister’s announcement of a lifetime skills guarantee.
Imran Ahmad Khan (Wakefield) (Con)
What fiscal steps he is taking to support people on low incomes during the covid-19 outbreak. [907775]
The Economic Secretary to the Treasury (John Glen)
The Government have provided significant support to those on low incomes. We have introduced additional support through the welfare system, estimated by the OBR to be worth more than £9 billion this year, including increasing universal credit and working tax credit by £20 per week, as well as £500 million of local authority hardship funding and £500 payments for those in low income households who have to self-isolate.
Imran Ahmad Khan
Over the weekend, I visited numerous businesses in Horbury, such as the Green Berry and the Black Olive delicatessen. Mr Speaker, they form a fantastic independent retail offering, and perhaps on your next visit to Wakefield to witness Trinity prevail over your club, a little retail therapy could be a soothing balm before your long journey home across the Pennines. But failing your patronage, Mr Speaker, business owners there have told me that the imposition of tier 2 measures has sapped consumer confidence, which is the oil with which the economy is greased. Will my hon. Friend the Minister confirm that he will use all his creativity to focus HMT strategy on stimulating confidence in the consumer economy to support these businesses, and to consider tax reform, should it be conducive to those aims?
John Glen
My hon. Friend is right to draw attention to the support that we have put in place, but also to the challenges that remain. In his own constituency, 14,500 have benefited from the furlough scheme, £28.4 million of business grants have been made available, and £20.3 million of business rates relief has been provided. Looking to the future, I can assure him that all Treasury Ministers will be using rigorous analysis and thinking as we work with the Chancellor as we approach the next Budget.