The Growth Plan Debate

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Department: HM Treasury

The Growth Plan

Stephen Farry Excerpts
Friday 23rd September 2022

(2 years, 2 months ago)

Commons Chamber
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Kwasi Kwarteng Portrait Kwasi Kwarteng
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I am pleased to confirm to my hon. Friend that that is exactly what we need to be driving forward. We need to be accelerating the process so that we can deliver outcomes more quickly. I pay tribute to the fact that he and I have been talking about these issues for many years now. I am pleased that he remains as focused on growth as he was many years ago.

Stephen Farry Portrait Stephen Farry (North Down) (Alliance)
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It may be an uncomfortable truth for some, but the biggest barrier to growth at present is the fact that there are increased barriers to trade with our nearest neighbour, the European Union, as a result of Brexit. There is an alternative reality: an increased windfall tax on energy companies, investment in a green new deal, investment in skills and sound public finances. How on earth can we look our constituents in the eye when they have been offered only £100 for home heating oil and the wealthiest in our society will get thousands in extra benefits today?

Kwasi Kwarteng Portrait Kwasi Kwarteng
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My right hon. Friend the Secretary of State for Business, Energy and Industrial Strategy is looking at the heating oil issue and we will come to a decision on Northern Ireland imminently.