Robin Walker
Main Page: Robin Walker (Conservative - Worcester)Department Debates - View all Robin Walker's debates with the HM Treasury
(1 year, 4 months ago)
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Jeremy Hunt
We will do everything we possibly can to help people in difficulties, except measures that are themselves inflationary.
Mr Robin Walker (Worcester) (Con)
I welcome the fact that my right hon. Friend, in tackling this huge challenge, is determined not to increase inflation. Does he recognise, however, that with so many people owning their properties outright and not having a mortgage on them today, increasing the payment for people who save is a very important element in tackling inflation? I wish him every success in his further conversations to encourage the banks to pass on interest rates to savers.
Jeremy Hunt
My hon. Friend is absolutely right. If more people are encouraged to save, that is technically counter-inflationary and something to be encouraged.