Cost of Living Increases Debate

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Department: HM Treasury

Cost of Living Increases

Margaret Greenwood Excerpts
Tuesday 25th April 2023

(1 year, 7 months ago)

Commons Chamber
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Tulip Siddiq Portrait Tulip Siddiq
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I thank the hon. Member for his intervention. The situations being described are not what we want to hear about in our country in 2023, and we should not be proud of this record; we should be trying to do better.

Under this Government, more than 6,000 pubs, nearly 4,000 local shops and 9,000 bank branches have closed on our local high streets. That is nothing to be proud of.

Margaret Greenwood Portrait Margaret Greenwood (Wirral West) (Lab)
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My hon. Friend is making a powerful speech, and I am sure we have all been concerned by stories from our constituents who are missing out on meals, eating out-of-date food or unable to clean their clothes as often as they want. Does she share my concern that that is having a devastating impact on the development of young children in the early years? We need to know that those children are fed and have heating.

Tulip Siddiq Portrait Tulip Siddiq
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My hon. Friend is always fighting for her constituents, and she is absolutely right. As someone who was on the shadow Education team before I came to this role, I know that if our young children are not fed or looked after properly, they will not fulfil their potential in this country. We should be looking at the future generations, and the Government are ignoring them.

The Government’s mishandling of the cost of living crisis is just another chapter in the long story of 13 years of economic failure. More than a decade of Conservative rule has seen our country fall behind as the British economy has experienced low growth, rock-bottom productivity rates and chronic under-investment.