Economic Update Debate

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Department: HM Treasury

Economic Update

Alex Davies-Jones Excerpts
Thursday 3rd February 2022

(2 years, 1 month ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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My 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. The Energy Secretary, the Prime Minister and I have been involved in such conversations for some time. The Energy Secretary is working on a set of measures that will address many of my hon. Friend’s concerns and he should expect to hear from the Government soon.

Alex Davies-Jones Portrait Alex Davies-Jones (Pontypridd) (Lab)
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May I say how nice it is to finally see the Chancellor in his place? Some of us had been considering filing a missing persons report given his absence in recent weeks. Although I appreciate his update, for families across Pontypridd and Taff Ely, it is another case of too little, too late. The Welsh Labour Government have doubled the warm home discount scheme and Labour’s proposal would have taken £600 off the bills for the poorest in our country, but his plan gives them £350 off. Why does it fall so far short of what is needed and what is proposed?

Rishi Sunak Portrait Rishi Sunak
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I 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 on middle incomes, because they are also struggling, and we believe that is the right approach.