(10 months ago)
Commons ChamberI do not want to see anyone reliant on food banks, but while they are in place I have nothing but praise and thanks for the people who run them. However, it is wrong to say we are not making progress. When I came into this job, inflation was running at 11%, which has had the single biggest impact on families’ cost of living. Now, thanks to the efforts of this Government—most of them opposed by the hon. Gentleman’s party—inflation has been more than halved, at 4%, and we are combining that with significant tax cuts to put more money into people’s bank accounts at the end of every month. That is the right way to go about supporting people, combined with our extensive cost of living support for the most vulnerable. All the statistics show that that support has helped and has made a difference, and that is what you get with responsible management of the British economy.
My hon. Friend is correct: local transport projects are and must be prioritised, and every region of our country will have more transport investment as a result of the decision that we made on HS2. Work is under way to consider potential upgrades to the west coast main line, including improvements at Preston station which may support additional local services from south Fylde. I know that the Rail Minister is considering these options carefully as we speak, and will update my hon. Friend in due course.
(1 year, 5 months ago)
Commons ChamberI have always been clear about the fact that inflation is putting pressure on family budgets. The UK Government have taken decisive action to support families through this difficult time, including households in Scotland, who are receiving considerable support—not just help with energy bills, but help for the most vulnerable as well.
We are preserving and strengthening the UK’s nuclear fuel production capacity through our £75 million nuclear fuel fund, and I know that Springfields Fuels has benefited from £30 million of funding. My hon. Friend is right to say that our domestic nuclear fuel sector has a critical role to play in supporting the UK’s energy security and independence, and I know that he will continue to be a champion for the industry in the House.
(3 years ago)
Commons ChamberWith regard to a VAT cut for fuel, perhaps I should point out to the hon. Lady some of the remarks from independent commentators about what that would do. The Institute for Fiscal Studies said that the benefit would accrue “to higher-income households.” The Resolution Foundation said a VAT cut
“would not be targeted and would be quite expensive”.
Tax Research UK said:
“This cut will not help the poorest much…this plan is a subsidy to the best-off, not the least well off.”
Instead, we have provided £0.5 billion, targeted at those who need our help. The hon. Lady mentioned £108; the household support fund will be able to provide £150 to between 2 million and 3 million of the most vulnerable families in our country. Indeed, the national living wage is going up next year, which will ensure a £1,000 increase for someone who works full time on the national living wage, and because of the cut to the universal credit taper a single mother with two kids who works full time and rents will be £1,200 better off.
First, may I put on record my thanks to my hon. Friend, who raised this issue with me some months ago in the run-up to the spending review? I hope that he and his communities are pleased with the funding that was allocated, thanks to his and other interventions. I am of course prepared to work with him and the Secretary of State for Business, Energy and Industrial Strategy to consider all relevant proposals and assess the right options for the taxpayer in this country.
(3 years, 8 months ago)
Commons ChamberThe Government are providing over £407 billion-worth of support for the UK economy over this year and next. Contained within that is considerable support for business, through discounted loans, cash grants, VAT reductions and tax deferrals, all designed to help business get through this crisis and protect as many jobs as possible.
I thank my hon. Friend for shining a spotlight on this important industry; he is right to do so. I know that he will be talking to the Department for Transport about regulations for the industry, but I can tell him that we will be providing local authorities with discretionary funding of around £425 million to sit alongside the restart grants. That money, at the discretion of local areas, can be used to support businesses such as coach businesses in their areas.
I just want to take this opportunity to thank the Chancellor for the way in which he has engaged with me and other Members representing coastal communities throughout the lifetime of the pandemic. I know the extensive measures he has put in place, particularly for the hospitality sector, will make a huge difference to those businesses surviving. Can my right hon. Friend assure me that he will continue to monitor and work with me to ensure that local businesses get all the support they need for their continued recovery?
My hon. Friend has been instrumental in providing on-the-ground information to me and my team about the particular situation facing hospitality businesses in coastal communities like his. He is an absolute champion for them and rightly so. They are an important part of his local economy and I am glad that this Budget supported them. He has my assurance that we will continue to work with him and them to get them the support that they deserve.
(3 years, 10 months ago)
Commons ChamberIf I follow the question correctly, I think the guidance has already been clarified. It was already in place that childcare was a reason people could be furloughed. With regard to supply teachers, I will have a look at what the guidance says.
I welcome the continuation of the unprecedented support provided by the Chancellor throughout this crisis. While looking forward to economic bounce back, may I call on my right hon. Friend to extend the business rate holiday and VAT reduction, which have been absolutely critical to the tourism and hospitality sector in Fylde?
I know how important the tourism and hospitality sector is to my hon. Friend’s constituency and what a fantastic champion he is for it. I know how important those initiatives have been. Of course, future decisions of that magnitude will be for the Budget, but I will take what he says into consideration.