Economic Situation Debate

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Department: HM Treasury

Economic Situation

Paulette Hamilton Excerpts
Wednesday 12th October 2022

(2 years, 2 months ago)

Commons Chamber
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Chris Philp Portrait Chris Philp
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Once again, the hon. Lady calls for the withdrawal of the growth plan, yet she voted last night for the biggest measure contained in it. I would be quite happy to explain to anyone, whether in Newcastle, in her constituency, or in Croydon, south London, in mine, that we are protecting people from energy price rises, that we have plans to keep our record growth levels going, that we are cutting taxes on working people and that we have a plan to get the economy going. I would be happy to go anywhere in the country and explain that.

Paulette Hamilton Portrait Mrs Paulette Hamilton (Birmingham, Erdington) (Lab)
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Why does the Chief Secretary think that the Nobel prize winner Paul Krugman said that the mini-Budget was “stupid and cruel”? I know that that is how my constituents in Erdington, Kingstanding and Castle Vale think.

Chris Philp Portrait Chris Philp
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I imagine that constituents in the hon. Lady’s constituency, as much as in mine, are pleased that they will not face energy bills of £6,000 or £7,000 this winter, which the growth plan delivered on. I do not agree with the analysis she read out from Mr Krugman, or Dr Krugman—[Interruption.] Professor Krugman; I am happy to stand corrected. This growth plan will ensure that we continue with our G7-leading levels of growth.