Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Theresa Villiers Excerpts
Tuesday 11th October 2022

(1 year, 6 months ago)

Commons Chamber
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Andrew Griffith Portrait The Financial Secretary to the Treasury (Andrew Griffith)
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Push payment fraud is a growing problem, which the Government take very seriously. That is why we will be taking powers in the Financial Services and Markets Bill that will mandate reimbursement to consumers.

Theresa Villiers Portrait Theresa Villiers (Chipping Barnet) (Con)
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T7. It is a massive relief that the nightmare scenario of energy bills of £4,000, £5,000 or even £6,000 has been prevented by the energy price cap. Will the Government explain how they are reducing the cost to taxpayers of that scheme and stabilising the energy market for the future?

Kwasi Kwarteng Portrait Kwasi Kwarteng
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My right hon. Friend was 100% right to notice that the energy intervention was exactly the right thing. We are going to have a commitment to fiscal responsibility, which will stabilise the economic situation and picture, and I am sure that her constituents will fully understand what the growth plan is all about: putting more money into their pockets so that we can have a growing and dynamic economy.