The Growth Plan Debate

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Department: HM Treasury

The Growth Plan

Richard Bacon Excerpts
Friday 23rd September 2022

(2 years, 2 months ago)

Commons Chamber
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Beth Winter Portrait Beth Winter (Cynon Valley) (Lab)
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As the TUC has pointed out, the Chancellor has said that we have been far too focused on redistribution and not on growth; yet here he is this morning making announcement after announcement that redistributes to the wealthy, lining the pockets of the bankers and the fossil fuel companies. People in my constituency—indeed, millions of people up and down the country—in receipt of public pay, social security benefits or pensions have never benefited from any form of redistribution under this Tory Government. All they have experienced is pay freeze, benefits cap and a freeze on the triple lock. Is it not the case, as the overwhelming evidence shows, that the only thing growing is people’s debt, people’s energy bills and—