Economy Update Debate

Full Debate: Read Full Debate
Department: HM Treasury

Economy Update

Munira Wilson Excerpts
Thursday 26th May 2022

(2 years, 6 months ago)

Commons Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Rishi Sunak Portrait Rishi Sunak
- View Speech - Hansard - - - Excerpts

My hon. Friend is thoughtful on that topic, and he is right. Previous Governments have reformed auto-enrolment to bring about that change in culture. The advantage that we are seeing now, with financial technology making it far easier for people to access and direct savings, means that we should only see that grow, and we will help to encourage it.

Munira Wilson Portrait Munira Wilson (Twickenham) (LD)
- View Speech - Hansard - -

I am sure the U-turn Chancellor will join me in congratulating the architect of one of his previous U-turns, Marcus Rashford, on his recent engagement. Rashford’s campaigning on free school meals reminded us all how vital it is that every child gets a decent hot meal every day at a time when families are struggling to put food on the table. While food prices have risen by almost 7% in the last year, however, funding for infant free school meals has risen by just 4p since they were introduced by the Liberal Democrats in Government in 2014. How does the Chancellor recommend that schools make up the shortfall—by cutting portions for hungry children, or by sacking teachers?

Rishi Sunak Portrait Rishi Sunak
- View Speech - Hansard - - - Excerpts

We are continuing to put record amounts into schools’ budgets—more than £14 billion over the next few years. We hear a lot from Opposition parties about the tax burden, but we are actually funding public services. It is incumbent on all those who are calling for even more investment in our schools and our NHS to at least say how they would fund that.