Economic Update

Jason McCartney Excerpts

Thursday 3rd February 2022 Commons Chamber

[Rishi Sunak]

My hon. Friend is absolutely right. It is important that we have diversity of supply: that is what we are doing, whether through offshore wind, nuclear, carbon capture and storage, or exploiting domestic gas. We are doing all those things to build diversity of supply for our security. My hon. Friend is right to highlight that, in the long term, that is the right policy for British customers.

[Jason McCartney (Colne Valley) (Con)]

I welcome these targeted and fair measures that will help those who need help most. While Labour’s VAT plans would help by just £89, I welcome the fact that this council tax rebate will help 89% of households in Yorkshire and Humber—I have just had the figures through—with a £150 rebate. Will the Chancellor also confirm that those who fall outside the A to D bandings and who still need help will be able to get that help through the extra discretionary funding for local councils?

[Rishi Sunak]

I am grateful to my hon. Friend, because I know that this is an issue that was on his mind, and he wanted to make sure his constituents got the support they needed at a time of anxiety for them. I can confirm that the £144 million discretionary fund is there to take care of those people—we estimate around 300,000 people—who are on means-tested benefits and happen to live in council tax bands above A to D. That is why that discretionary fund is there, to get support to the people he mentioned.