Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Nia Griffith Excerpts
Tuesday 19th March 2024

(8 months, 1 week ago)

Commons Chamber
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Jeremy Hunt Portrait Jeremy Hunt
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I thank my hon. Friend for her excellent question. She is right that it is not just the lowest effective tax rate for someone on average earnings since 1975, but the lowest headline tax rate and the lowest tax rate in the G7. That is the fundamental divide in British politics: taxes have gone up, and on the Government Benches we do not think that we have to accept the status quo; on the Opposition Benches they do. Why is that? Because lower taxes mean higher growth.

Nia Griffith Portrait Dame Nia Griffith (Llanelli) (Lab)
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T7. A recent survey from the Debt Justice campaign has shown that 13% of adults have missed three or more bill or credit payments in the past six months, and 6.7 million people are now in financial difficulty. Does the Chancellor accept that for millions of people, getting from one end of the month to the next under the Tories is a nightmarish struggle, and that people feel worse off because they are worse off?

Jeremy Hunt Portrait Jeremy Hunt
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May I gently correct the hon. Lady? As I said, living standards have risen by £1,700 per household since 2010, and the number of people in absolute poverty is down by 1.7 million. She is right to talk about the debt pressures that people face, which is why in the Budget we abolished the £90 fee for debt relief orders, having talked to Citizens Advice.