Oral Answers to Questions Debate

Full Debate: Read Full Debate
Department: HM Treasury

Oral Answers to Questions

Kemi Badenoch Excerpts
Tuesday 15th September 2020

(3 years, 7 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
William Wragg Portrait Mr William Wragg (Hazel Grove) (Con)
- Hansard - - - Excerpts

What financial support he is providing to upgrade the energy efficiency of homes.

Kemi Badenoch Portrait The Exchequer Secretary to the Treasury (Kemi Badenoch)
- Hansard - -

The Government recognise the importance of energy efficiency in achieving our climate change objectives and tackling fuel poverty. That is why in July my right hon. Friend the Chancellor announced over £2 billion of new funding to upgrade homes through the green homes grant scheme. In addition, we have a range of policies in place to support home energy efficiency improvements.

William Wragg Portrait Mr Wragg
- Hansard - - - Excerpts

What assessment has my hon. Friend made of the benefits of this ambitious £2 billion scheme for home insulation, and when will my constituents be able to access it to make those improvements to their homes?

Kemi Badenoch Portrait Kemi Badenoch
- Hansard - -

From the end of September, homeowners and landlords across England, including in my hon. Friend’s constituency, will be able to apply for vouchers to fund at least two thirds of the cost of upgrading the energy performance of their homes. In additional, Greater Manchester Combined Authority has the opportunity to bid for part of the £500 million being made available to local authorities to help low-income households directly.

Pauline Latham Portrait Mrs Pauline Latham (Mid Derbyshire) (Con)
- Hansard - - - Excerpts

Whether he is responsible for the allocation of official development assistance to Government Departments other than the Foreign, Commonwealth and Development Office.

--- Later in debate ---
Lucy Powell Portrait Lucy Powell (Manchester Central) (Lab/Co-op)
- Hansard - - - Excerpts

What recent discussions he has had with the Secretary of State for Business, Energy and Industrial Strategy on sectoral support for manufacturers during the covid-19 outbreak.

Kemi Badenoch Portrait The Exchequer Secretary to the Treasury (Kemi Badenoch)
- Hansard - -

The manufacturing sector has a key role to play in the Government’s ambitious agenda to build back better, which is why last week I met representatives of the UK’s major manufacturing trade associations to hear their views directly. To support the sector, we continue to provide extensive support for research and development as part of our commitment to increase it, economy-wide, to 2.4% of GDP by 2027.

Lucy Powell Portrait Lucy Powell
- Hansard - - - Excerpts

Many of the communities that voted for Conservative MPs for the first time in the recent election rely on our key manufacturing sectors such as aerospace and automotive for jobs. Given that the Government were prepared to create a £3 billion demand stimulus for the housing market, which was not as adversely affected by the pandemic, why will they not do a lot more to protect those jobs and communities with a demand stimulus for aerospace and automotive, which is desperately needed?

Kemi Badenoch Portrait Kemi Badenoch
- Hansard - -

The Government are acutely aware of the demands required across various sectors. The hon. Lady mentions the aerospace and automotive sectors, which the Government are supporting with over £8.5 billion through the covid corporate financing facility, grants for research and development, loans and export guarantees expected over the next 18 months. There is also further support in place for the automotive industry through the Budget, in which the Government committed over £1 billion to promote the uptake of ultra-low emissions vehicles, including up to £500 billion to support the roll-out of a superfast charging network. Those amounts will help those various sectors.

--- Later in debate ---
Mark Pawsey Portrait Mark Pawsey (Rugby) (Con)
- Hansard - - - Excerpts

Businesses in Rugby and Bulkington have told me universally how they welcome the measures that the Government have introduced for their speed and their breadth, but they know that the coming months will be difficult for trading and there are tough times ahead. Which of the Government’s measures, given limited resources, does the Minister think are the most appropriate to support businesses over the next few months?

Kemi Badenoch Portrait The Exchequer Secretary to the Treasury (Kemi Badenoch)
- Hansard - -

The Government have a range of schemes that have been supporting businesses throughout the pandemic, as my colleagues have mentioned time and time again. If my hon. Friend has specific requests from the businesses in his constituency, I am very happy to discuss those with him so that we can work out the best way to continue to spur economic recovery.

Steve McCabe Portrait Steve McCabe (Birmingham, Selly Oak) (Lab)
- Hansard - - - Excerpts

Does the Minister recognise that while the proposed changes to small breweries tax relief may well benefit members of the Small Brewers Duty Reform Coalition, they will work against the interests of fledgling micro-breweries, such as Attic Brew in my constituency? Will the Minister look again at the impact of the changes on those small, but job-creating businesses?

Kemi Badenoch Portrait Kemi Badenoch
- Hansard - -

We have been looking at this relief for several years now, and the changes that we have made are going to benefit the vast majority of brewers. The smallest brewers will be exempt from most of the changes, and those brewers who have been unable to grow will now be able to do so. We had a long consultation and quite a few brewery groups have been very supportive of this change. We will have further announcements to come after the next technical consultation on this relief.

Lindsay Hoyle Portrait Mr Speaker
- Hansard - - - Excerpts

In order to allow the safe exit of hon. Members participating in this item of business and the safe arrival of those participating in the next, I am now suspending the House for a few minutes.