Oral Answers to Questions

Debate between Mick Whitley and David T C Davies

Wednesday 19th April 2023 Commons Chamber

[Mick Whitley (Birkenhead) (Lab)]

1. What recent discussions he has had with Cabinet colleagues on the cost of living in Wales.

[The Secretary of State for Wales (David T. C. Davies)]

I have regular discussions with Cabinet colleagues on a range of topics. The Government are providing total support of more than £94 billion across the UK to help households and individuals with the cost of living, at an average of more than £3,300 a household. That includes extending energy support by keeping the energy price guarantee at £2,500 for the next three months.

[Mick Whitley]

Last month, we learned that household incomes are falling at the fastest rate since records began, forcing the people of Wales to work even harder for less in return, but Britain’s leading food retailer has gouged more than £3 billion in profits from its customers over the past two years alone. With food inflation now at 19%, does the Minister agree that we are living through a cost of greed crisis? When will this Government get serious about tackling the excessive profiteering that is driving up prices and causing real pain for families across Wales and the UK?

[David T. C. Davies]

The Government are serious about dealing with the cost of living crisis, and that is why I am pleased that inflation is shown to be continuing to fall at the moment. This Government are on track to reach our target of halving inflation over the next year. This Government have always supported the most vulnerable in society, which is why I am pleased that we have made sure that pensions, benefits and the minimum wage have gone up in line with inflation.