(2 years, 1 month ago)
Commons ChamberThe IMF specifically said this morning that the 2023 forecast for growth in this country has gone up as a direct consequence of the mini-Budget. In respect of helping constituents up and down the land, we have already committed £37 billion of energy support this year and a further £60 billion to houses and businesses over the next six months, and we are committed to making sure that every one of our constituents gets through this winter as best they can.
Numerous residents such as those at Harwood Bar caravan park have been in touch with me about the £400 energy support scheme. The previous Chancellor confirmed that there was an equivalent scheme for those in caravan parks and park homes. Could the Chancellor please provide an update for my constituents in Hyndburn and Haslingden?
As I said in relation to heating oil, a pot of money is going to be reserved to help people who are off the grid. We have already made announcements about that, but I would be very happy to speak with my hon. Friend and my right hon. Friend the Business Secretary.
(2 years, 2 months ago)
Commons ChamberThe focus is on growth. As my hon. Friend the Member for North Norfolk (Duncan Baker) said, our net debt to GDP ratio is low compared with other countries in the G7. We are 100% focused on growing the economy, so that future generations will be able to deal with the fiscal shocks they will have to deal with. That is what the purpose of this is.
Getting through key infrastructure projects and the announcement of investment zones, while helping families and businesses with their energy costs, is key for people in Haslingden. It has been announced that Lancashire can be an investment zone, but there are significant differences and problems between west Lancashire and east Lancashire. Could the Chancellor say whether it is possible for areas to have two investment zones in a county?
Absolutely. There is no reason why we cannot have lots of different investment zones dotted around in lots of areas of the country. The Secretary of State for Levelling Up, Housing and Communities is engaged in conversations with various local authorities as we speak, to see whether they can accommodate investment zones.
(2 years, 8 months ago)
Commons ChamberAs the hon. Gentleman knows, my right hon. Friend the Chancellor of the Exchequer announced an extensive package of support only a few weeks ago worth £9.1 billion—that included a £150 council tax rebate for bands A to D and £144 million in discretionary funding for local authorities—which affects everybody in this country. I am also very happy to engage with him on the specific issue of oil prices.
I have been contacted by many pensioners across Hyndburn and Haslingden who are concerned about the cost of their energy bills. Will the Secretary of State set out what measures are in place to support my residents, and will he continue to work with other Departments to keep those measures under review?
As I said, the Chancellor announced a £9.1 billion package of support only a few weeks ago. That included the £150 council tax rebate for bands A to D and £144 million in discretionary funding added for local authorities—spending to help the most vulnerable. We announced a £500 million extension of the household support fund last week, but I would be happy to engage with my hon. Friend on what more we can do in the next few months to assuage the burden.