Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Lucy Rigby Excerpts
Tuesday 10th March 2026

(1 day, 10 hours ago)

Commons Chamber
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Catherine West Portrait Catherine West (Hornsey and Friern Barnet) (Lab)
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7. What fiscal steps she is taking with Cabinet colleagues to help reduce the level of use of food banks by families.

Lucy Rigby Portrait The Economic Secretary to the Treasury (Lucy Rigby)
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We became inured to the presence of food banks under Tory Governments over the last 14 years, but we should always remember that despite the incredible work done by those who run them, food banks should not need to exist, and this Government are committed to ending mass dependence on food parcels. That is why we have extended free school meals to children in families receiving universal credit and removed the two-child limit, which will lift 450,000 children out of poverty, and—according to the Trussell Trust, as the Chancellor said earlier—will significantly reduce the number of families using food banks.

Catherine West Portrait Catherine West
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Does the Minister agree that everyone—including financial institutions such as the mutual sector, which often outperforms the private banking sector in access to finance and branch closure issues—needs to play their part in helping families and households at this critical juncture?

Lucy Rigby Portrait Lucy Rigby
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As my hon. Friend knows, we are a strong supporter of the mutual sector, for exactly the reasons that she has given. As part of our financial inclusion strategy, we are backing the sector with initiatives such as the new £30 million credit union transformation fund and reform of the common bond, which I look forward to introducing shortly.

Alex Easton Portrait Alex Easton (North Down) (Ind)
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Will the Minister join me in paying tribute to the work of the food banks, not only in my constituency but across the United Kingdom, in stepping up to plug gaps for families? Does she accept that urgent improvements in respect of benefit transitions and deductions are needed to prevent households from being pushed abruptly into crisis?

Lucy Rigby Portrait Lucy Rigby
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As I have said, food banks should not need to exist, which is why this Government are committed to ending mass dependence on food parcels. I have also mentioned the importance of lifting the two-child limit on universal credit, which will result in the largest expected reduction in child poverty in a single Parliament since records began.

Nick Smith Portrait Nick Smith (Blaenau Gwent and Rhymney) (Lab)
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8. What assessment she has made of the potential impact of the state pension increase in April 2026 on pensioners.

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Paul Davies Portrait Paul Davies (Colne Valley) (Lab)
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T6. In my constituency, Co-operative Care Colne Valley is testament to the value and importance of co-operatives. It delivers ethical, not-for-profit home care services for the disabled and elderly. The group’s community ownership and local empowerment demonstrates the value of co-operatives. Will the Minister advise me what steps her Department is taking to drive the growth of co-operatives across our communities?

Lucy Rigby Portrait The Economic Secretary to the Treasury (Lucy Rigby)
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I thank my hon. Friend for highlighting the important work of Co-operative Care Colne Valley, which is an excellent example of how co-operatives can deliver high-quality community-owned care for elderly and disabled people. His constituency is home to a number of other fantastic co-operatives, including the Green Valley Grocer and the Handmade Bakery. The Government are committed to doubling the size of the co-ops and mutuals sector, exactly because we recognise the very positive role that it plays.

Liz Jarvis Portrait Liz Jarvis (Eastleigh) (LD)
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T3. David, who owns the Steam Town Brew Co. in my constituency, tells me that his biggest concerns right now are inflation and the ability to plan ahead. What reassurance can the Minister give him that businesses in my constituency will be supported with the stability and certainty that they need?

Sam Carling Portrait Sam Carling (North West Cambridgeshire) (Lab)
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T9. Young people in North West Cambridgeshire and across the country are struggling to access mortgages and get on to the housing ladder due to thin credit files. Will the Minister explore requiring lettings agents and large landlords, with the consent of tenants, to report rental payment data to credit reference agencies so that a record of paying rent on time can contribute to tenants’ credit histories and help them access mortgages?

Lucy Rigby Portrait Lucy Rigby
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I know how passionate my hon. Friend is about the Government’s priority to get more first-time buyers on to the housing ladder. As he and I have discussed before, people looking to buy a home can build their credit history through rent payments by using third-party services that report these things to credit reference agencies. I think that he and I would agree that better awareness of such services and the mortgages available that take account of tenants’ rental payments would be a good thing.

John Milne Portrait John Milne (Horsham) (LD)
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T7. Even while sitting here, I have had word from a constituent whose heating oil cost has risen, in one go, to 129.9p plus VAT per litre. I recognise that the Chancellor has been pressed by a number of Members on this. Can she assure us of immediate action, as vulnerable residents are in immediate crisis?