Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Lucy Allan Excerpts
Tuesday 15th March 2022

(2 years, 1 month ago)

Commons Chamber
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Nia Griffith Portrait Nia Griffith (Llanelli) (Lab)
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8. What recent steps he has taken to help ensure value for money in public spending.

Lucy Allan Portrait Lucy Allan (Telford) (Con)
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13. What steps his Department is taking to manage the public finances effectively.

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Simon Clarke Portrait Mr Clarke
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We always continue to encourage best value, and this is at the heart of all Treasury documents on the use of public money. On the hon. Lady’s point about test and trace, it is very important to reaffirm that the great majority of the costs associated with this scheme were about testing as opposed to tracing, and it was only that scheme that allowed us to come through the enormous challenges of the period, particularly prior to the availability of the vaccine, in a way that allowed our society and our wider economy to keep going to the extent that they could.

Lucy Allan Portrait Lucy Allan
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My right hon. Friend the Chancellor has been incredibly agile in responding to exceptional crises. As he tackles the impact of Putin’s war on our economy, will the Minister take every measure to accelerate growth, including reducing taxes on fuel and energy?

Simon Clarke Portrait Mr Clarke
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As has been discussed earlier in this session, as my hon. Friend rightly highlights, the Government recognise that households do need support with the rising cost of energy. Indeed, the Chancellor has already provided support worth some £9.1 billion for the financial year 2022-23. On her wider point about boosting growth, the Chancellor outlined in his Mais lecture the importance of the Government investing in capital, people and ideas, so that we can strengthen the economy and make sure that the UK is best placed to succeed in what is a challenging set of circumstances.