Sammy Wilson
Main Page: Sammy Wilson (Democratic Unionist Party - East Antrim)Department Debates - View all Sammy Wilson's debates with the HM Treasury
(1 day, 10 hours ago)
Commons ChamberRead Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Rachel Reeves
I hear some shouting from the Conservative Benches. Inflation went to more than 11% when they were in government, and they froze the threshold on plan 2 student loans—which they introduced —for many years.
Sammy Wilson (East Antrim) (DUP)
The Chancellor raised a laugh at the start of her statement when she said she was following the right policies for this country—policies that have resulted in lower economic growth, higher unemployment, people staggering under an increased tax burden and businesses being damaged by employment taxes, and yet she has shown no change. Why has she not addressed the issues of lowering the cost of employing people, reducing the tax burden on hard-working people to help with the cost of living crisis, and reducing energy prices, which have been driven up by the net zero policies followed by this Government? Does she realise that people will be angered and amazed at her complacency today?
Rachel Reeves
GDP per capita, which is what matters in people’s everyday lives, has been revised up by 5.6% over the course of this Parliament. Unemployment is set to fall in every year of this Parliament, and to be at a lower rate at the end of the Parliament than when it started. We are taking £150 off energy bills from next month. In the spending review last year, we announced a record settlement for the Northern Ireland Executive. I can confirm today that that settlement increases further, by £318 million over three years for RDEL spending and £10 million for CDEL spending, and that money can be spent on the priorities of the people in Northern Ireland.