Economic Update Debate

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Department: HM Treasury

Economic Update

Sally-Ann Hart Excerpts
Thursday 3rd February 2022

(2 years, 9 months ago)

Commons Chamber
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Sally-Ann Hart Portrait Sally-Ann Hart (Hastings and Rye) (Con)
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I join my colleagues on these Government Benches, and I am sure many secretly on the Opposition Benches, in thanking my right hon. Friend for his measures today. As he is aware, we have some real deprivation in my beautiful constituency of Hastings and Rye. Can he confirm that the measures announced by him today target support to the most vulnerable and disadvantaged in my constituency, are more generous as well as more financially sensible than Labour’s uncosted plans, and will reach the families who most need help now?

Rishi Sunak Portrait Rishi Sunak
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My hon. Friend is absolutely right. Getting cash to people who need it quickly is paramount in this circumstance. That is why the £150 will go to those in her constituency in council tax bands A to D in April, which will provide immediate relief. As she said, this is a financially responsible approach to this problem, because we do have to continue getting our borrowing and debt down so that the plan we have put in place maintains us on our path. It is actually important to recognise—I have made this point before—that one of the reasons why I care about getting our borrowing and debt to better levels is so that we have the resilience to respond to shocks exactly like this, and that is why it is important that we do rebuild such resilience.