Economic Update Debate

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Department: HM Treasury
Monday 17th October 2022

(2 years, 1 month ago)

Commons Chamber
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Jeremy Hunt Portrait Jeremy Hunt
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I will happily take that piece of wisdom away to the Treasury and ask them to relook at the figures, but I do not think that it is likely that they would have advised me to take the measures I took today if that was the case. I will go and ask them to look at it again.

Peter Aldous Portrait Peter Aldous (Waveney) (Con)
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I welcome my right hon. Friend to his new role and commend him for the prompt and decisive action he has already taken. He has rightly said that the Government wish to protect the most vulnerable. With that in mind, taking into account the parameters he has already set out, may I urge him to confirm as soon as practically possible that benefits will be uprated in line with inflation? In doing so, he will remove the burden of worry and anxiety that is hanging over a great many people in this country.

Jeremy Hunt Portrait Jeremy Hunt
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That issue has been raised by several colleagues from across the House and, as I have said previously, I thank my hon. Friend for raising it and understand how important it is. He will understand that I am not in a position to make any commitments in any area today. We will make our decisions as soon as we can and bring them back to this House, but I hear what he says.