Autumn Statement Debate

Full Debate: Read Full Debate
Department: HM Treasury

Autumn Statement

Peter Grant Excerpts
Thursday 17th November 2022

(1 year, 5 months ago)

Commons Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Jeremy Hunt Portrait Jeremy Hunt
- View Speech - Hansard - - - Excerpts

It was a tough choice to increase taxes by £25 billion, largely for the well-off, so that we could find more money for schools in the hon. Lady’s constituency.

Peter Grant Portrait Peter Grant (Glenrothes) (SNP)
- View Speech - Hansard - -

Far the best way to take people out of poverty is to pay them a decent wage so that they never get into poverty. I see that the Chancellor is nodding. Why has the nodding Chancellor announced today that the minimum wage will fall behind the cost of living? The Tories’ pretendy-kiddy-on living wage is even more pretendy-kiddy-on than it was before—a real-terms pay cut for the 2 million lowest-paid earners in the United Kingdom. What assessment, if any, has the Chancellor made of how long he expects it to be before every single worker in the United Kingdom has a legally guaranteed right to that most basic of employment rights, a decent wage that is enough to live on?

Jeremy Hunt Portrait Jeremy Hunt
- View Speech - Hansard - - - Excerpts

We may have political disagreements on the Union, but I hope the hon. Gentleman will welcome the fact that we have made enormous progress with our national living wage. Today’s announcement means that for someone working full time it will go up by £1,600, which will help a great many of his constituents—and that is before all the other help that we are giving with heating costs—fuel costs—for people on means-tested benefits. So I think we are doing a lot, and we will continue to look at whether we can do more.