Economy Update

Debate between Laura Trott and Rishi Sunak

Thursday 26th May 2022 Commons Chamber

[Rishi Sunak]

I know that my right hon. Friend the Energy Secretary is engaged with all the companies on how best to support people through this. With regard to the support that we have announced today, about 7% of households are on non-smart pre-payment meters and we want to make sure that we get their support to them. That has been taken into account and will be delivered through vouchers. The remaining pre-payment meters are smart, and the credit can be put straight on those meters so those people benefit.

[Laura Trott (Sevenoaks) (Con)]

Can my right hon. Friend confirm that, under Labour’s plans, my most vulnerable constituents in Swanley, Westerham and elsewhere will receive £600, while under our plans they will receive £1,200?

Oral Answers to Questions

Debate between Laura Trott and Rishi Sunak

Tuesday 9th March 2021 Commons Chamber

[Rishi Sunak]

My hon. Friend is absolutely right, and I congratulate him; he has long campaigned on the importance of a town deal for his local community and, indeed, a freeport. I am delighted that this Budget could deliver both of those for his constituents and I agree with him that it will deliver growth, jobs and prosperity to his local area.

[Laura Trott [V]]

I thank the Chancellor for his earlier response. The measures in the Budget provided a lifeline to high streets in my constituency, from Westerham to Swanley. In particular, the restart grants are much anticipated. Can the Chancellor confirm when local authorities will be able to begin distributing these vital grants?

Covid-19: Economy Update

Debate between Laura Trott and Rishi Sunak

Thursday 22nd October 2020 Commons Chamber

[Rishi Sunak]

I thank the hon. Gentleman for his comments. He is right and I can appreciate the confusion. We try to do things on a UK-wide level, but obviously not everything will be on that level. I cannot give him a precise figure, because these are demand-led schemes. What we have tried to do is provide upfront funding guarantees in advance of that demand being drawn down in England and the Barnett consequentials being delivered. We true those up on a regular basis—I am happy to write to him with further details—but we try to provide the funding to Wales, Scotland and Northern Ireland in advance of that demand actually occurring in England. I think that is a better and more generous approach for the devolved nations.

[Laura Trott (Sevenoaks) (Con)]

I welcome the Chancellor’s statement. Keeping a link to viable jobs is absolutely crucial, so does my right hon. Friend agree that it is better to keep businesses open and functioning where possible with support, rather than locking down nationally, multiple times?

[Rishi Sunak]

My hon. Friend is absolutely right. When I talk to both businesses and employees, they say that what they want is to be able to go to the jobs they love. They want to be able to do that. They want to be able to serve customers and they want to be able to welcome us all back to their restaurants, pubs, cafés and so on. She is right that we have to strike that balance. I think the approach that the Government have taken does that—it strikes that balance. The support we have put in place today will enable as many of those people to remain in their job working hard and hopefully have a fulfilling future to come.

Economic Update

Debate between Laura Trott and Rishi Sunak

Wednesday 8th July 2020 Commons Chamber

[Rishi Sunak]

I am grateful for the right hon. Gentleman’s support. Perhaps alongside the “eat out to help out” scheme, we can make progress on reopening our gyms, to deal with that side of the equation at the same time. He is absolutely right to suggest that airlines and aviation are experiencing a difficult period. I remain in close contact with the industry and with individual companies to understand what is happening, and if there are things that we can and should do, of course we will.

[Laura Trott (Sevenoaks) (Con)]

Many Opposition Members would have us extend the furlough scheme indefinitely, but that would simply extend false hope. Does my right hon. Friend agree that bold demand-side measures, such as “eat out to help out” and the VAT cut, are much better ways to protect jobs and our much-loved businesses?

[Rishi Sunak]

My hon. Friend is absolutely right, and the OECD agrees with her. We should not be peddling false hope to people. We should be providing a better future for them, and that is what our interventions today will do.