Economic Update

Ruth Edwards Excerpts

Thursday 3rd February 2022 Commons Chamber

[Rishi Sunak]

Those of us on the Government Benches believe that it is also right that we support those on middle incomes; those families are also working hard and they deserve our support. It is important that they know that the Government are on their side at times like this, and that is why we have taken the approach that we have. But of course we are cognisant of those on lower incomes. As I said, this is a progressive package. Flat-rate payments are a greater percentage of income for people on lower incomes, and indeed with smaller energy bills. As I have outlined, we have a range of other interventions specifically targeted at those people.

[Ruth Edwards (Rushcliffe) (Con)]

I welcome this generous plan, especially the inclusion of families on middle incomes, which will do a lot to help many of my constituents in Rushcliffe. Does my right hon. Friend the Chancellor agree that now is the time for us to be investing in our domestic energy industry and energy security—in turbo charging our move to clean energy, as we are doing in the east midlands freeport, rather than risk driving investment from the UK with a counterproductive windfall tax as the Labour party would?

[Rishi Sunak]

I agree with my hon. Friend. She puts the point excellently. Government Members are in favour of more investment in domestic energy, more jobs for the British economy and greater energy security for our nation.