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Speech in Ministerial Corrections - Fri 19 Nov 2021
Treasury

"The Minister mentioned fairness a few times, and also the challenges facing the country. Why have her Government decided to give banks a reduction in the surcharge taxes they pay, which will cost the taxpayer £1 billion a year, when increasing numbers of our constituents are going hungry because of …..."
Rushanara Ali - View Speech

View all Rushanara Ali (Lab - Bethnal Green and Stepney) contributions to the debate on: Treasury
Speech in Commons Chamber - Tue 16 Nov 2021
Finance (No. 2) Bill

"The Minister mentioned fairness a few times, and also the challenges facing the country. Why have her Government decided to give banks a reduction in the surcharge taxes they pay, which will cost the taxpayer £1 billion a year, when increasing numbers of our constituents are going hungry because of …..."
Rushanara Ali - View Speech

View all Rushanara Ali (Lab - Bethnal Green and Stepney) contributions to the debate on: Finance (No. 2) Bill
Speech in Commons Chamber - Tue 16 Nov 2021
Finance (No. 2) Bill

"But the reality is that there has been a UC cut, and the taper rate reduction, which is welcome, will help only a third of the 6 million affected. What about the 4 million others? This is not a fair Budget and it is wrong for this Government to treat …..."
Rushanara Ali - View Speech

View all Rushanara Ali (Lab - Bethnal Green and Stepney) contributions to the debate on: Finance (No. 2) Bill
Speech in Commons Chamber - Tue 16 Nov 2021
Finance (No. 2) Bill

"Does my hon. Friend agree that it is scandalous that the Government have only just agreed to restore schools expenditure to its 2010 level, despite a shortfall of £10 billion for catch-up notwithstanding requests from the former catch-up tsar? If we are serious about improving productivity in this country, we …..."
Rushanara Ali - View Speech

View all Rushanara Ali (Lab - Bethnal Green and Stepney) contributions to the debate on: Finance (No. 2) Bill
Speech in Commons Chamber - Tue 16 Nov 2021
Finance (No. 2) Bill

"The Bill and the Budget that it follows do little to respond to the scale of the challenges facing our country, many of which have been brought into sharp focus by how the coronavirus pandemic has hit our society, not to mention the long-term hit on our gross domestic product …..."
Rushanara Ali - View Speech

View all Rushanara Ali (Lab - Bethnal Green and Stepney) contributions to the debate on: Finance (No. 2) Bill
Speech in Commons Chamber - Tue 16 Nov 2021
Finance (No. 2) Bill

"My hon. Friend is absolutely right. The US has already returned to pre-pandemic levels of growth, as have a number of European countries, whereas the UK is still playing catch-up. We need to learn lessons from what happened after the global financial crisis so that we can get growth back …..."
Rushanara Ali - View Speech

View all Rushanara Ali (Lab - Bethnal Green and Stepney) contributions to the debate on: Finance (No. 2) Bill
Speech in Commons Chamber - Tue 22 Jun 2021
Oral Answers to Questions

" More than half a million young people are out of work and thousands are on furlough. The delay in easing restrictions without associated support for businesses is set to further increase unemployment by 300,000. In the event of a third wave that triggers further restrictions, will Ministers commit to …..."
Rushanara Ali - View Speech

View all Rushanara Ali (Lab - Bethnal Green and Stepney) contributions to the debate on: Oral Answers to Questions
Written Question
Economic Policy: Coronavirus
Tuesday 22nd June 2021

Asked by: Rushanara Ali (Labour - Bethnal Green and Stepney)

Question to the HM Treasury:

What economic contingency planning his Department has undertaken in the event of a third wave of covid-19.

Answered by Steve Barclay

Throughout the pandemic, the Government has sought to protect people’s jobs and livelihoods while also supporting businesses and public services across the UK.

We have put in place an economic package of support totalling £352 billion through the furlough and self-employed income support schemes, support for businesses through grants and loans, business rates and VAT relief.

At the Budget, the Chancellor extended this package of economic support to accommodate even the most cautious view about the time it might take to exit restrictions and to provide certainty and continuity to business. The Government continues to keep all impacts and policies under review.

Speech in Commons Chamber - Tue 13 Apr 2021
Finance (No. 2) Bill

"This Finance Bill fails to meet the scale of the economic challenges and it fails to provide the growth that is needed to recover from the pandemic, not to mention the impact of Brexit. Unemployment is already at 5% and is set to rise to 6.5%. Some groups have been …..."
Rushanara Ali - View Speech

View all Rushanara Ali (Lab - Bethnal Green and Stepney) contributions to the debate on: Finance (No. 2) Bill
Speech in Commons Chamber - Wed 25 Nov 2020
Spending Review 2020 and OBR Forecast

"The British people have faced an incredibly difficult year, with covid and the resulting economic crisis. We then have the looming prospect of either a no-deal Brexit or a minimalist one that will be very disruptive for businesses. The OBR has forecast a 5.2% loss of potential GDP over the …..."
Rushanara Ali - View Speech

View all Rushanara Ali (Lab - Bethnal Green and Stepney) contributions to the debate on: Spending Review 2020 and OBR Forecast