Economic Update Debate

Full Debate: Read Full Debate
Department: HM Treasury

Economic Update

Florence Eshalomi Excerpts
Thursday 3rd February 2022

(2 years, 2 months ago)

Commons Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Rishi Sunak Portrait Rishi Sunak
- View Speech - Hansard - - - Excerpts

My right hon. Friend is absolutely right and I can give her that reassurance. I hope that today’s announcements will provide her with the confidence she needs that both I and this Government are committed to being on the side of those hard-working families, whom she does an enormous amount to represent and champion in this House.

Florence Eshalomi Portrait Florence Eshalomi (Vauxhall) (Lab/Co-op)
- View Speech - Hansard - -

The Chancellor said that energy suppliers will apply the discount on people’s bills from October. Vauxhall constituents contact me almost daily, including residents who live in properties that are too cold to heat and residents pleading for help to get repairs done. Current data suggests that more than 8,000 households in Vauxhall already live in fuel poverty. What does the Chancellor have to say to my constituents who are already unable to make ends meet and who face a hike of over £700 in their energy bills?

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

What I can tell them is that they will not have to wait until October, as the Labour party’s proposals would have had them do. They will receive £150 in April, and then in October they will receive the rebate on their bills at a time when the energy price cap will be looked at again. So it is appropriate that there is further action to provide support then. That is why this policy is the right policy. By using the council tax system, we can get money to people faster—£150 in April for the hon. Lady’s constituents.