Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Sarah Dyke Excerpts
Tuesday 1st July 2025

(2 days, 8 hours ago)

Commons Chamber
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Emma Reynolds Portrait Emma Reynolds
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As we set out at the spring statement, we are looking at the balance between investments in cash and investments in stocks and shares in ISAs. We want to get that balance right. We understand the importance of a rainy day buffer in cash, but we need to give people the confidence to invest. That is a win-win: it is a win for them and a win for British companies listed on our stock exchange.

Sarah Dyke Portrait Sarah Dyke (Glastonbury and Somerton) (LD)
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Jackie from Street suffers with Crohn’s disease, fibromyalgia and mental health issues. She worked for most of her life until ill health made it impossible. Under the reforms, she will lose her entitlement to personal independence payment and employment and support allowance, plunging her into poverty. Can the Chancellor give Jackie the reassurance she needs that she will not be left in poverty?

Rachel Reeves Portrait Rachel Reeves
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Yes, I can absolutely give my assurance to Jackie, and to other people who are currently claiming PIP, that they will see absolutely no change in their entitlement. That is what my right hon. Friend the Secretary of State for Work and Pensions announced to the Chamber yesterday: everybody who is currently on those benefits will see no change whatever. The Timms review, which will be co-produced with disabled people and those who represent them, will build a new system for the future.