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3,765 recent contributions in Hansard
HANSARDEconomic UpdateI can confirm that the Welsh Administration will receive £175 million or so in Barnett consequentials, which will enable them to provide a similar discount. The Chief Secretary to…03 Feb 2022HANSARDEconomic UpdateThose of us on the Government Benches believe that it is also right that we support those on middle incomes; those families are also working hard and they deserve our support. It…03 Feb 2022HANSARDEconomic UpdateWe have had this debate. Conservatives believe in more investment in our domestic energy sector. We want to support British jobs and British energy security and we believe in…03 Feb 2022HANSARDEconomic UpdateMy hon. Friend is exactly right. Some 200,000 jobs are supported in that industry, and as I pointed out earlier, there are £11 billion-worth of projects waiting to get going. I…03 Feb 2022HANSARDEconomic UpdateThere were so many excellent points in my hon. Friend’s question. The only thing on which I will correct him is that the energy rebate is Great Britain-wide, because the Northern…03 Feb 2022HANSARDEconomic UpdateMy hon. Friend is always a champion for those who are working hard and doing the right thing, and that is why he has rightly championed the freeport in his constituency to provide…03 Feb 2022HANSARDEconomic UpdateMy hon. Friend is very thoughtful on such matters and has, rightly, long made the point that we must also ensure that the long-term energy market is working in all our benefit.…03 Feb 2022HANSARDEconomic UpdateI am sorry that the hon. Lady did not welcome the £175 million in Barnett consequentials for the Welsh Administration. The Government are providing significant support for those…03 Feb 2022HANSARDEconomic UpdateMy right hon. Friend is absolutely right. Those of us in government make responsible decisions and we are honest with people. I think people respect that honesty and it is the…03 Feb 2022HANSARDEconomic UpdateMy hon. Friend is absolutely right. It is important that we have diversity of supply: that is what we are doing, whether through offshore wind, nuclear, carbon capture and…03 Feb 2022HANSARDEconomic UpdateI will let this Government’s record on economic policy speak for itself. It is a record of which I am proud. I can provide the hon. Gentleman with the reassurance that I and the…03 Feb 2022HANSARDEconomic UpdateThe Labour party has proposals that would give considerably less to many people, so it is a bit rich to hear that. The hon. Member had a long list of numbers. I also have one:…03 Feb 2022HANSARDEconomic UpdateIn contrast, this Government have announced measures to share the burden with consumers and help manage the global price rise. Despite the faux outrage from the Opposition…03 Feb 2022HANSARDEconomic UpdateThe Opposition may have some soundbites but they certainly do not have a policy. [Interruption.] In contrast, this Government have announced measures— [Interruption.]03 Feb 2022HANSARDEconomic UpdateThe UK’s economic recovery has been quicker and stronger than forecast. In the depths of the pandemic, our economy was expected to return to its pre-crisis level at the end of…03 Feb 2022HANSARDEconomic UpdateMy hon. Friend makes an excellent point. I confirm that the £150 is not for those with second homes or empty homes. We will make that crystal clear in how the policy is executed.03 Feb 2022HANSARDEconomic UpdateThis Government and previous Conservative Governments have a proud track record of supporting those who are retired and are pensioners. Because of the triple lock, which has been…03 Feb 2022HANSARDEconomic UpdateI am grateful for my hon. Friend’s support, and I am glad that this announcement will provide some reassurance to his constituents, who I know would be worried about the cost of…03 Feb 2022HANSARDEconomic UpdateMy hon. Friend is absolutely right; I know that is something she is perhaps bringing up on behalf of her constituents. A price increase of this magnitude impacts almost everybody,…03 Feb 2022HANSARDEconomic UpdateI can give my right hon. Friend that assurance. It is absolutely right and proper that the Bank is independent of Government on matters of monetary policy. That is exactly what…03 Feb 2022