Economy Update Debate

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Department: HM Treasury

Economy Update

Saqib Bhatti Excerpts
Thursday 26th May 2022

(1 year, 11 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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The warm home discount is an existing scheme that covers only 3 million households. It is also funded by other billpayers. What we are doing today is setting out Exchequer-funded support to all those on means-tested benefits, so that anyone on those benefits will benefit from the £650. Additionally, those in receipt of any other disability benefits, which are non-means-tested, will receive £150.

Saqib Bhatti Portrait Saqib Bhatti (Meriden) (Con)
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I thank the Chancellor for this package. Clearly he is a Chancellor who listens and a Chancellor who does. Will he confirm that this Government will continue to focus on energy sector reform, so that we can meaningfully reduce the impact of energy costs on household bills in Meriden and across the country in the medium and long term?

Rishi Sunak Portrait Rishi Sunak
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My hon. Friend is absolutely right, and that is why the Business Secretary and the Prime Minister announced the plan to reform the energy market so that we can reduce those bills over time and also double down on our initiatives to improve the energy efficiency of people’s homes, which can save them £200 or £300 relatively quickly.