Economic Update Debate

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Department: HM Treasury
Monday 17th October 2022

(2 years ago)

Commons Chamber
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Jeremy Hunt Portrait Jeremy Hunt
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I am afraid that I do not accept at all the hon. Member’s analysis of why those problems happened, but I do not deny that we have had some issues with pension funds. I point him to today’s statement by the Governor of the Bank of England that says we are well on our way to resolving them.

Jack Brereton Portrait Jack Brereton (Stoke-on-Trent South) (Con)
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People and businesses across Stoke-on-Trent are incredibly thankful for support with their energy bills throughout the winter. When my right hon. Friend comes to review those policies in April, will he make sure that those who most need that support are protected the most, particularly energy-intensive businesses such as ceramics in Stoke-on-Trent?

Jeremy Hunt Portrait Jeremy Hunt
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My hon. Friend will be pleased to know that I have already had extensive discussions with my Treasury officials about the needs of energy-intensive industries and we are very well aware of those issues.