Financial Statement

Sam Tarry Excerpts

Wednesday 23rd March 2022 Commons Chamber

[Rishi Sunak]

We do value carers. There are fewer people in poverty today than when we first came into office—1.7 million people fewer in absolute poverty than in 2010, after housing costs. Also, today we have topped up the household support fund, in order to provide support to the most vulnerable who need help.

[Sam Tarry (Ilford South) (Lab)]

This week it was revealed that 75% of people in my constituency are struggling to pay for basic groceries. The OBR’s analysis following today’s statement has said that we face the largest fall in disposable incomes since the 1950s. Will the Chancellor visit my constituency, sit down with the people who use the local food bank, many of whom are in work, and see just how little the policies announced today will do to support them, to get them into work, and to allow them to live with dignity in their community?

[Rishi Sunak]

The hon. Gentleman is simply wrong. Those in work, particularly on low incomes, will benefit disproportionately from the policies that have been announced today. I have given plenty of examples already, but a single mother with two children who is renting, on universal credit, and working full time, earning the national living wage, will be £1,600 better off as a result of all the policies we have announced on taxes and welfare. We are supporting exactly the people the hon. Gentleman talks about.