Julian Smith
Main Page: Julian Smith (Conservative - Skipton and Ripon)Department Debates - View all Julian Smith's debates with the HM Treasury
(2 years, 2 months ago)
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Chris Philp
I am obviously not going to offer any kind of running commentary on the ongoing internal discussions. I have said that the normal ordinary statutory process is ongoing, but the Government are mindful of the cost of living pressures that people are facing. I would draw the hon. Member’s attention to the large increase in the national minimum wage—I think about 7%—that took place last April or May, and there are now more vacancies in the economy than there are people on unemployment benefits.
Julian Smith (Skipton and Ripon) (Con)
Can the Minister confirm that the Government will not balance the forthcoming tax cuts on the backs of the poorest people in our country?
Chris Philp
The Government’s first objective is to ensure that the economy is growing. That will help to lift wages and to create new jobs and a sustainable tax base for our public services, but as we make the decisions that my right hon. Friend refers to, we are going to balance considerations of fairness and the cost of living pressures that people suffer with the interests of the taxpayers who are working hard to pay tax.