Jessica Toale
Main Page: Jessica Toale (Labour - Bournemouth West)Department Debates - View all Jessica Toale's debates with the HM Treasury
(2 months ago)
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Rachel Reeves
This package was not just designed by me; it was designed by hon. and right hon. Members of this House who have made representations to me about the cost of living, but also about the specific business needs and business challenges in their constituencies. Although I am proud to be the Chancellor who has delivered today’s package, I pay tribute to all Members who have contributed to it.
Jessica Toale (Bournemouth West) (Lab)
I congratulate the Chancellor on her skilful management of our economy in what are extremely difficult international circumstances. Growth is up, inflation is down and borrowing is down. I particularly welcome the great British summer savings scheme, which will make a huge difference to families and business in my constituency, but families will continue to worry about their day-to-day bills. Can she reassure my constituents that the fuel duty freeze, and the reduction in tariffs on foodstuffs, will be felt directly in their pockets?
Rachel Reeves
Absolutely. The freeze in fuel duty will continue until the end of this year and we will keep it under review, depending on what happens in the middle east. It is very important that the tariff reductions and the HGV duty changes are passed on to customers. I am slightly worried that my statement has unleashed a competition between hon. Members about whose constituency has the best summer attractions, whether it is soft play, theme parks, zoos or ice skating. I am being lobbied by my right hon. Friend the Member for Redcar (Anna Turley) about lemon tops in her constituency. I look forward to this continuing ahead of the introduction of VAT reductions on 25 June.