Oral Answers to Questions

Judith Cummins Excerpts

Tuesday 19th April 2016 Commons Chamber

[Mr Osborne]

The Office for Budget Responsibility assesses and puts on the scorecard the estimated revenue that we will raise from tax avoidance, but it will be around an extra £1 billion a year just from the measures in the Budget. In last year’s Budget after the election, we had measures to raise £5 billion from clamping down on aggressive tax avoidance and evasion. The fight continues.

[Judith Cummins (Bradford South) (Lab)]

T8. Following reports in this morning’s Daily Mail that energy firms overcharged customers by £130 for their energy this winter, does the Chancellor agree that Treasury cuts to incentives for building new renewable energy sources were another one of his bad ideas?

[The Exchequer Secretary to the Treasury (Damian Hinds)]

As we covered earlier, the tariff system in place to encourage renewable energy has to deliver a balanced portfolio of energy, and it does so. Of course, we encourage energy firms always to pass price cuts that they benefit from on to their customers.