11 Lisa Nandy debates involving HM Treasury

Tue 15th Nov 2011

Fuel Prices

Lisa Nandy Excerpts
Tuesday 15th November 2011

(12 years, 5 months ago)

Commons Chamber
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Nic Dakin Portrait Nic Dakin
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I think that a decrease on the forecourts would be very welcome to ordinary families and businesses.

The Tory tax of choice, VAT, is a regressive spending tax, and I welcome the recognition on the Government Benches that that regressiveness is damaging household incomes. New EU growth figures have been published today. They show that the UK’s economic growth is slower than that of all the other EU countries except Greece, Portugal and Cyprus. It is therefore essential that there is action now. We urgently need action to get the economy going again. That is why organisations such as the Federation of Small Businesses are supporting Labour’s five point plan for jobs, including cuts in VAT, tax breaks for small businesses that take on extra workers, and taxes on bankers’ bonuses to create 100,000 jobs for young people.

I want to focus on young people, as these fuel taxes are creating difficulties for them in getting to learn and getting to work.

Lisa Nandy Portrait Lisa Nandy (Wigan) (Lab)
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My hon. Friend makes a powerful point. Does he agree that young people in rural areas, including in my constituency, often have to travel long distances to get to college or apprenticeships, and that they have been particularly hard hit by the abolition of the education maintenance allowance and other measures, which have squeezed their incomes disproportionately at the same time as fuel prices have risen?

Nic Dakin Portrait Nic Dakin
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My hon. Friend very clearly makes a point that I, too, was going to make. We fear that the number of young people who are unemployed will rise to over 1 million this week. If that happens, it will be desperate for the people of this country.

Fuel duties and fuel taxes are a barrier to young people getting to learn and getting to work. That is why, in this Chamber last week, the Youth Parliament identified transport as its major concern.

Finally, I wish to draw attention to the absurd increases in the Humber bridge tolls for local people, including those in my constituency. The tolls have risen from £2.70 to £3 for a single journey. They are therefore the highest tolls in the country. I am pleased that the Economic Secretary is present on the Treasury Bench, and I welcome the interest the Government are taking and the review of the Humber bridge tolls. Whatever happens to fuel taxes, I hope we will also look at the Humber bridge tolls, which are a tax on local businesses and local people. We must give them a better deal.