Oral Answers to Questions

Debate between Jeremy Hunt and Nia Griffith

Tuesday 19th March 2024 Commons Chamber

[Jeremy Hunt]

I thank my hon. Friend for her excellent question. She is right that it is not just the lowest effective tax rate for someone on average earnings since 1975, but the lowest headline tax rate and the lowest tax rate in the G7. That is the fundamental divide in British politics: taxes have gone up, and on the Government Benches we do not think that we have to accept the status quo; on the Opposition Benches they do. Why is that? Because lower taxes mean higher growth.

[Dame Nia Griffith (Llanelli) (Lab)]

T7. A recent survey from the Debt Justice campaign has shown that 13% of adults have missed three or more bill or credit payments in the past six months, and 6.7 million people are now in financial difficulty. Does the Chancellor accept that for millions of people, getting from one end of the month to the next under the Tories is a nightmarish struggle, and that people feel worse off because they are worse off?

[Jeremy Hunt]

May I gently correct the hon. Lady? As I said, living standards have risen by £1,700 per household since 2010, and the number of people in absolute poverty is down by 1.7 million. She is right to talk about the debt pressures that people face, which is why in the Budget we abolished the £90 fee for debt relief orders, having talked to Citizens Advice.

Autumn Statement

Debate between Jeremy Hunt and Nia Griffith

Thursday 17th November 2022 Commons Chamber

[Jeremy Hunt]

I am happy to do that. My hon. Friend is quite right to raise those issues. We are doing a lot of short-term things, including help with energy bills as well as business rates. As we move to a new business rates system, we are freezing the levels at which business rates can increase and introducing a 75% discount next year for retail, hospitality and leisure businesses. Fundamentally, as a Conservative Government, we know that we cannot flourish as an economy without flourishing small businesses, and we will back them to the hilt.

[Dame Nia Griffith (Llanelli) (Lab)]

The Chancellor mentioned innovation, and a modern steel industry is vital to our future prosperity, so will he earmark the £200 million originally contributed in good faith by steel producers and now returned to the UK Government from the EU research fund for coal and steel to set up a UK steel innovation fund to develop the steel technologies that we need to drive growth and work towards net zero?

[Jeremy Hunt]

I will happily look into that issue and write to the hon. Member. She will know that one of the growth industries that I identified was advanced manufacturing. There is much that we can do to ensure that the steel industry is competitive in this country, and we want it to have a bright future.