Paula Barker
Main Page: Paula Barker (Labour - Liverpool Wavertree)Department Debates - View all Paula Barker's debates with the HM Treasury
(2 years ago)
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Jeremy Hunt
The renewable energy companies and people in the traditional energy sector are paying a windfall tax, and as a result, we can have more money for doctors, nurses and people in social care up and down the country. That means that we are investing in the NHS in a way that was not possible when we were in coalition with the Liberal Democrats in 2010.
Paula Barker (Liverpool, Wavertree) (Lab)
Will the Chancellor confirm how the living standards of UK households have been forecast to change between this year and next by the Office for Budget Responsibility? Does he think it is acceptable that real household average incomes are set to fall on his watch?
Jeremy Hunt
A fall in household incomes because of the international headwinds will be extremely challenging, and today’s statement is designed to address that. The OBR has said that we will help to mitigate the fall in living standards by the actions we are taking today.