Zöe Franklin
Main Page: Zöe Franklin (Liberal Democrat - Guildford)Department Debates - View all Zöe Franklin's debates with the HM Treasury
(1 day, 12 hours ago)
Commons ChamberThose on the Opposition Front Bench have some cheek. The hon. Gentleman is sat next to the hon. Member for Central Devon (Sir Mel Stride), who oversaw the biggest increase in welfare spending on record, with a £33 billion increase in welfare spending in the last year of the Conservative Government. This Government are serious about getting people back into work, while increasing defence investment at the same time to 2.6% of GDP by next April—something the previous Government never managed.
Zöe Franklin (Guildford) (LD)
Sadik Al-Hassan (North Somerset) (Lab)
We are monitoring the situation and preparing for every eventuality. The International Monetary Fund expects the UK to be the fastest growing European G7 economy cumulatively over this year and next. A rapid de-escalation of the conflict remains the best way to protect consumers from rising bills. We continue to act on the cost of living, with £117 on average off energy bills from 1 April, £53 million to help with the cost of heating oil, and freezing both rail fares and prescription charges.
Zöe Franklin
I thank the Chancellor for her answer. The tensions in the middle east are pushing up energy and food prices, adding further pressure to households who are already struggling due to the cost of living. The Chief Secretary to the Prime Minister warned this weekend that families face “eight-plus months” of difficulty ahead. With the school holidays approaching in both the May half-term and the summer, many low-income families in my constituency of Guildford are asking how they will get through the summer. When I visited Holy Trinity school in my constituency last week, the children raised concerns too, which shows how deep the anxiety about this conflict is. What concrete support will the Government provide to protect the most vulnerable households from further cost pressures in the months ahead, especially if this conflict continues into the summer holidays?
I welcome the hon. Lady’s question. Like her, I regularly see pupils and local teachers in my constituency. As she knows, from this month we have got rid of the two-child limit in universal credit, which is lifting 450,000 children out of poverty. We are also expanding free childcare for children aged between nine months and five years, helping parents in work with the costs of balancing family life with work life. In addition, we have taken £117 off energy bills, we are freezing rail fares and prescription charges, and we are helping people—particularly those in rural areas—with the cost of heating oil.