Financial Statement Debate

Full Debate: Read Full Debate
Department: HM Treasury

Financial Statement

Emma Lewell-Buck Excerpts
Wednesday 23rd March 2022

(2 years, 1 month ago)

Commons Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Emma Lewell-Buck Portrait Mrs Emma Lewell-Buck (South Shields) (Lab)
- View Speech - Hansard - -

The household support fund exists only because, thanks to this Chancellor, people do not have enough income to eat or to pay their bills. With pensions and benefits set to rise by a measly 3.1% and the minimum wage by 59p, and with inflation peaking at over 7%, today’s uplift to the fund is more evidence of his continued failure to protect the hardest hit, isn't it?

Rishi Sunak Portrait Rishi Sunak
- View Speech - Hansard - - - Excerpts

The national living wage is actually going up by 6.6%—it is one of the highest increases we have seen in the national living wage, and it will mean that someone working full time on the national living wage earns £1,000 more this year.