The Growth Plan Debate

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Department: HM Treasury
Friday 23rd September 2022

(1 year, 7 months ago)

Commons Chamber
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Kwasi Kwarteng Portrait Kwasi Kwarteng
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It is nothing of the kind. People will benefit from the reversal of the national insurance increase and the acceleration—the bringing forward—of the 1p cut in the basic rate. That is what tens of millions of people in this country will benefit from.

Sarah Jones Portrait Sarah Jones (Croydon Central) (Lab)
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A young adult asked me yesterday whether I really believed that things in our country could get better, which is the direct opposite to what I thought during my young adulthood, because it did not occur to us that things could get worse. What is it about 12 years of Conservative Government that have caused such poverty of hope, and what is it about this tired set of ideas, which have sent the markets crashing, that will work when all the other ones have failed?

Kwasi Kwarteng Portrait Kwasi Kwarteng
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We are focused on growth, and it is through growth that that young person will get more opportunities and more benefits and have a much better funded public sector.