Economy Update Debate

Full Debate: Read Full Debate
Department: HM Treasury

Economy Update

Peter Aldous Excerpts
Thursday 26th May 2022

(2 years, 5 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

I am fairly certain that my colleagues the Energy Secretary and Housing Secretary previously engaged with landlords’ associations to ensure that they passed on the benefit and I am happy to talk to them to make sure that they do the same thing again.

Peter Aldous Portrait Peter Aldous (Waveney) (Con)
- View Speech - Hansard - -

I welcome the measures, although I sense that my right hon. Friend will need to keep the situation under constant review with further measures possibly required, such as a social tariff and support for those on prepayment meters, as well as initiatives to trigger significant investment in energy efficiency. Transitioning and renewable energy in the North sea is bringing good long-term jobs to coastal communities such as Waveney. I urge him to work with energy companies, as he has indicated that he will, to ensure that their investment is maximised and not undermined.

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

I am happy to give my hon. Friend that assurance and to work with him and the industry, because we want to create a pro-investment environment. On energy efficiency, we are investing £6 billion over the course of this Parliament to improve the energy efficiency of public sector buildings and individual people’s homes.