2 Rachel Taylor debates involving HM Treasury

Winter Fuel Payment

Rachel Taylor Excerpts
Tuesday 10th September 2024

(2 months, 1 week ago)

Commons Chamber
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Roger Gale Portrait Sir Roger Gale
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I am grateful for my hon. Friend’s question, because it does not lie with the hon. Member for Ealing North (James Murray). It lies with the Chancellor of the Exchequer and with the Prime Minister, both of whom should be on the Government Front Bench this afternoon, but neither of whom have been present during the debates—although the Chancellor did come in to vote, and then nipped out again. That in itself is shameful. I abhor the fact that there are politicians sitting on the Labour Benches who are quite prepared to fight to the last drop of somebody else’s political blood, because that is what is happening this afternoon.

Rachel Taylor Portrait Rachel Taylor (North Warwickshire and Bedworth) (Lab)
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You say that our Chancellor and the Prime Minister are not here on the Government Benches, but where are your leader and your shadow Chancellor? They are not here either. You talk about means-testing being right: we have a difficult financial situation and difficult decisions that we have to take, so the right hon. Gentleman seems to agree with us on that.

Caroline Nokes Portrait Madam Deputy Speaker (Caroline Nokes)
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Order. I appreciate that passions are running high this afternoon, and that there are many new Members in the House, but when we use “you” and “your”, we are referring to the Chair. There are good reasons for why we direct debate through the Chair. Please can Members remember that?

Oral Answers to Questions

Rachel Taylor Excerpts
Tuesday 3rd September 2024

(2 months, 2 weeks ago)

Commons Chamber
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Dan Tomlinson Portrait Dan Tomlinson (Chipping Barnet) (Lab)
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15. What steps she plans to take to help improve living standards.

Rachel Taylor Portrait Rachel Taylor (North Warwickshire and Bedworth) (Lab)
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17. What steps she plans to take to help improve living standards.

James Murray Portrait The Exchequer Secretary to the Treasury (James Murray)
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The Government are focused on improving living standards across the country, which is why growth is a key priority. If real household disposable income per capita had grown from 2010 to 2023 at the same rate as it did between 1997 and 2010, it would have been £4,000 higher last year. This Government’s approach will centre on fostering good work. The Government will reform employment support to offer more people dignity and purpose in meaningful employment. The plan to make work pay sets out a significant and ambitious agenda to ensure that workplace rights are fit for the modern economy and to empower working people and deliver economic growth. We have launched a ministerial taskforce on child poverty and updated the Low Pay Commission’s remit to consider the cost of living when making recommendations on the national living wage.

--- Later in debate ---
James Murray Portrait James Murray
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I welcome my hon. Friend to his place. As he rightly points out, the recklessness of the previous Government has had a direct impact on his constituents’ living standards. As a new Government, we recognise that many households right across the country have faced higher mortgage costs in recent years, and we are already taking action to fix Britain’s economic foundations with a new approach to growth, with the three pillars of stability, investment and reform. Sustainable public finances are necessary for economic stability and long-term growth. The Government will therefore set out the difficult decisions needed to secure the public finances in the Budget on 30 October.

Rachel Taylor Portrait Rachel Taylor
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In North Warwickshire and Bedworth, like in the constituency of my hon. Friend the Member for Chipping Barnet (Dan Tomlinson), monthly mortgage costs rose by an average of 22% in the year following the previous Government’s disastrous mini-Budget. That made life really difficult for hard-working families in my constituency. What steps is the Chancellor taking to ensure that such a devastating situation can never happen again to families in my constituency and across the country?

James Murray Portrait James Murray
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I welcome my hon. Friend to her place. She is absolutely right to highlight just how much damage the Conservatives’ recklessness in 2022 caused to families in North Warwickshire and beyond. The decisions of Conservative Ministers unleashed economic turbulence that pushed up people’s mortgages and made people across Britain worse off. Our new Government will hardwire Budget responsibility into Government with our new fiscal lock in the Budget Responsibility Bill, which will make sure that the disaster we saw nearly two years ago can never happen again.