(2 years, 11 months ago)
General CommitteesI am going to make some progress because, as you have indicated, Mr Davies, 21 Members wish to speak.
Coming out of the pandemic, and after 12 years of the Conservative party starving our public services and failing to invest, we need to rebuild. Instead, we have inflation rocketing to 5.1%; GDP growth for this quarter has been revised down; and the Government are trapping all four nations in a low-growth, high-tax cycle, hitting working people with tax rise after tax rise, with national insurance and council tax going up in just a couple of months. By 2026-27, the average household will be paying over £3,000 more in tax than when the Prime Minister took office. Households are dealing with the cost of living crisis, and we heard about that from the Culture Secretary yesterday. There is a growing cost to businesses, with petrol, food and energy bills rocketing.
Does my hon. Friend agree that one of the cruellest cuts in the past few months was the £20 cut in universal credit? That has hit thousands of families right across Wales at the worst possible time.