Rachael Maskell
Main Page: Rachael Maskell (Labour (Co-op) - York Central)Department Debates - View all Rachael Maskell's debates with the HM Treasury
(1 day, 19 hours ago)
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Rachel Reeves
The Conservative party once believed in fiscal discipline, but that has gradually eroded over time. It is because of the fiscal rules that I introduced that we have been able to invest in Sizewell C and in small modular reactors. That was not possible under the fiscal rules of the previous Government. I would also say that borrowing fell in the last year. That did not happen in the last few years of the previous Conservative Government.
Rachael Maskell (York Central) (Lab/Co-op)
I thank the Chancellor for her statement. I am sure she will agree that our biggest concern is the intersection between poverty and food and energy price hikes for our constituents. As she looks ahead, will she consider a warm homes prescription to protect people’s health by keeping their homes warm, which would also save money, and will she ensure sufficiency in the crisis and resilience fund, so that local authorities can invest in those in the greatest need?
Rachel Reeves
I thank my hon. Friend for that question. From next month, families with children will benefit from the abolition of the two-child cap in the universal credit system. We have also doubled the number of recipients of the warm home discount and put £14 billion into upgrading people’s homes through the warm homes plan. Of course, as we look at targeted support, we will consider vulnerabilities within that.