James Grundy
Main Page: James Grundy (Conservative - Leigh)Department Debates - View all James Grundy's debates with the HM Treasury
(1 year, 9 months ago)
Commons ChamberMy right hon. Friend is absolutely right; it is critical that we maintain capital investment, use that money efficiently, focus on outputs and outcomes, and ensure that we set the conditions for growth in the economy.
The Government have taken decisive action to support millions of households with the energy price guarantee, which caps the cost of energy at £2,500 for the average household. We are also spending £37 billion to support millions of low-income households.
Will my right hon. Friend tell me what the average household energy bill would have been if the Government had not intervened to help hard-working families across Britain?
I thank my hon. Friend for his informative question, because it allows me to say that with the energy price guarantee at £2,500, the average saving for consumers across the country—including his constituents in Leigh, for whom he is a formidable advocate—is £700.