The Growth Plan
Debate between Kwasi Kwarteng and Fleur Anderson(1 year, 7 months ago)
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Kwasi Kwarteng
The choice is indeed clear: should we back growth driven by the private sector, or do we believe that the state can tax its way to prosperity? That is a very easy choice to make, because it is clear that taxing and spending towards prosperity is a failure.
Fleur Anderson (Putney) (Lab)
The people of Putney, Roehampton and Southfields will see through this Budget. They will see how little it will do for them. The only growth that this “Growth Plan” will deliver is a growth in inequality. Does the Chancellor agree with his Department, which, according to reports, has conducted analysis that forecasts that the UK oil and gas producers and electricity generators will receive as much as £170 billion in excess profits over the next two years? Should they not pay their fair share?
Kwasi Kwarteng
That figure does not relate to taxable profits here in the UK, and it is not remotely accurate.
Gas Prices and Energy Suppliers
Debate between Kwasi Kwarteng and Fleur Anderson(2 years, 7 months ago)
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Kwasi Kwarteng
No one in Basildon and Thurrock, or anywhere else in this country, need fear the eventuality that my hon. Friend describes. As I have said, the supplier of last resort process is absolutely focused on ensuring that customers have continuity of supply. That is a top priority.
Fleur Anderson (Putney) (Lab)
Better insulation of homes is essential for cutting rising fuel bills and emissions. Does the Secretary of State agree that it was a mistake to cut the green homes grant earlier this year, and will he commit to reforming it and bringing it back?
Kwasi Kwarteng
As I have said a number of times, in this role and in my previous one, the green homes grant attempted to do three things. The first was to decarbonise public sector buildings, and that worked very effectively through Salix, the bank that disbursed those funds. The second element, which was disbursed by local authorities, has also worked very well. The third element is the one that we closed, and we want to get a renewed version of it.