Oral Answers to Questions
Debate between Laura Trott and Caroline Dinenage(6 months, 3 weeks ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Laura Trott
It is important to note that inflation has more than halved since the Prime Minister took office, and is now at 3.2%. That will have a material impact on the cost of living pressures on households. In addition, support this year includes cutting national insurance rates across the UK and raising the local housing allowance. Benefits are up by 6.7%, the national living wage is up by 9.8%, and pensions are up by 8.5%. We are on the side of the British people.
Dame Caroline Dinenage (Gosport) (Con)
As you know, Mr Speaker, it is not solely households who face increased cost pressures: businesses across our communities do as well, particularly small music venues, which are shutting at the rate of two a week. Ahead of the Culture, Media and Sport Committee’s inquiry into that issue, what thought has the Minister given to a VAT cut for grassroots music venues across our constituencies?
Laura Trott
I know my hon. Friend cares deeply about this matter. I know she has a report coming out in a few weeks, and I look forward to reading it.