Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Carol Monaghan Excerpts
Tuesday 7th February 2023

(1 year, 3 months ago)

Commons Chamber
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Jeremy Hunt Portrait Jeremy Hunt
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I discussed this issue with my right hon. Friend when she was the Secretary of State for Work and Pensions. I would be delighted to engage with her further ahead of the Budget to tap into any sensible ideas she has in this important area.

Carol Monaghan Portrait Carol Monaghan (Glasgow North West) (SNP)
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T6. According to the Resolution Foundation, the previous Prime Minister’s unfunded tax cuts cost the economy £30 billion. Will the Chancellor confirm that he will not capitulate to her allies who are calling for the reintroduction of tax cuts for their wealthy cronies in next month’s Budget?

Jeremy Hunt Portrait Jeremy Hunt
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What I can confirm is that there will be no tax cuts funded by borrowing. I can also confirm that those of us on this side of the House, unlike those on the hon. Member’s side, believe in lower taxes.