UK Energy Costs Debate

Full Debate: Read Full Debate
Department: Cabinet Office
Thursday 8th September 2022

(1 year, 7 months ago)

Commons Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
--- Later in debate ---
Keir Starmer Portrait Keir Starmer
- View Speech - Hansard - - - Excerpts

This is the basic political divide. The Government want to protect the excess profits of the oil and gas and energy groups; we want to protect working people.

Toby Perkins Portrait Mr Perkins
- View Speech - Hansard - -

This Saturday, I and many members of Chesterfield Labour party will be out meeting voters in Chesterfield. If any of those voters have not been paying attention this week, they might still say, “You’re all the same.” But is it not absolutely clear now that there is a clear divide? When I knock on doors, every voter will know that political parties have a choice. The Government have chosen to be on the side of the energy generators; we have chosen to be on the side of bill payers.

Keir Starmer Portrait Keir Starmer
- View Speech - Hansard - - - Excerpts

I would be absolutely amazed if Government Members have not picked that up. Ask voters whether they think it is fair that they pick up the bill, rather than those companies that made profits they did not expect to make. There is only one answer to that question. It is a very simple question of whose side are you on.

I am afraid this is not a one-off. Not only is the Prime Minister refusing to extend the windfall tax; she is choosing to cut corporation tax—an extra £17 billion in tax cuts for companies that are already doing well. That means handing a tax cut to the water companies polluting our beaches, handing tax cuts to the banks and handing a tax cut to Amazon. She is making that choice, even though households and public services need every penny they can get. Working people are paying for the cost of living crisis, stroke victims are waiting an hour for an ambulance and criminals walk the streets with impunity. It is the wrong choice for working people; it is the wrong choice for Britain.