Sarah Olney
Main Page: Sarah Olney (Liberal Democrat - Richmond Park)Department Debates - View all Sarah Olney's debates with the HM Treasury
(2 months, 2 weeks ago)
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Sarah Olney (Richmond Park) (LD)
We know that the Government have inherited a mess, and that at the centre of that mess is a £22 billion hole left in the public finances by the previous Government, but that cannot be allowed as cover for measures that cause suffering for the most vulnerable in society. The Chancellor will have heard Lib Dem colleagues talk about the hardship that the scrapping of the winter fuel allowance will mean for their constituents, so can she assure us that she will give her full support to measures to boost the uptake of pension credit? Most crucially, will she give the House the opportunity to have a proper debate and a vote on this cut, which will have such an impact on so many?
James Murray
I thank the Liberal Democrat spokesperson for her comments and for recognising the state of the finances that we inherited—the £22 billion in-year black hole that we need urgently to address to put our finances on a firm footing. It is essential to boost the uptake of pension credit, as the Chancellor set out. Some 800,000 pensioners who are eligible for pension credit are not taking it up. We saw a lack of action under the previous Government to drive up that uptake, and we are overseeing a campaign across Government to increase the number of pensioners who access pension credit and thereby the winter fuel payment.
Sarah Olney
I welcome that response, but if the Government are asking us all to make difficult sacrifices, people need to know that the Government are making the vital investments that will protect the vulnerable and help to deliver economic growth. Does the Chancellor agree that now is the time to work across Government to launch an emergency home energy upgrade programme to provide free insulation and heat pumps for low-income households?
James Murray
A crucial part of the manifesto commitments that we brought into Government is to increase the insulation of up to 5 million homes across the country. We will set out further details of our plans for insulation in due course, but we know that that is the kind of investment that brings down energy bills for good.