(2 years, 6 months ago)
Commons ChamberNo, it will not. It will involve targeted investments across the country in schemes that will give us a lift in productivity and address the fact that under previous Governments, despite all the rhetoric, there was not that reset in investment across other parts of the country and we did not see the level of growth that was anticipated.
I am grateful to the Treasury for the £77 billion package of support that will stand alongside hard-pressed families and drive the growth that we need to see. But as I drove into central London this morning I saw fuel prices cheaper than where I live in Brecon. Rural fuel costs are simply horrendous, and with next to no public transport, that is really hampering growth in rural areas. Can my right hon. Friend confirm that the Treasury will continue to monitor that aggressively?
Absolutely we will. It is very concerning that we are not seeing the savings passed on and we will continue to look very carefully at what is happening.