Yasmin Qureshi
Main Page: Yasmin Qureshi (Labour - Bolton South East)Department Debates - View all Yasmin Qureshi's debates with the HM Treasury
Cost of Living: Fiscal Approach
Yasmin Qureshi Excerpts(1 year, 11 months ago)
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Yasmin Qureshi (Bolton South East) (Lab)
It is a pleasure to serve under your chairmanship, Mr Twigg. I thank my hon. Friend the Member for Barnsley Central (Dan Jarvis) for securing the debate.
My constituency, a place I am proud to represent, is the 38th most deprived in the UK. We have a wage crisis, a job crisis and a housing crisis. Now we have a Tory-made cost of living crisis, which my constituents literally cannot afford. It is a major issue, and it is filling my constituency mailbag and, I am sure, those of other Members. A recent survey by 38 Degrees found that it is the No. 1 issue facing constituents: 80% faced higher bills, 76% faced higher petrol prices, and 24% have lost income due to the universal credit cut. I wish I could stop there, but the testimony is even more telling. A constituent who wished to remain anonymous said:
“I am a pensioner with a lung health problem. I cannot afford to heat my home, which makes the health problem require greater medical attention, putting more strain on the NHS.”
Petrol is becoming almost unaffordable. In just eight months, a tank of petrol has gone up by roughly £17.50, so 5p off fuel duty will not begin to cut it. In areas such as mine, people are dependent on cars, because we have poor public transport links. As a result, the only affordable option has now become incredibly expensive. As my hon. Friend the Member for Barnsley Central said, we must ask the Treasury to rethink the mileage cost allowance, at least for public sector workers, and to abolish hospital car parking charges.
The Bank of England is predicting a recession, interest rates will go up, as will the energy cap in October and again in 2023, and the inflation rate could pass 10%—the list goes on. There is so much that the Government could do but have refused to. Labour has called for a windfall tax to provide support to households. We could increase universal credit back to what it was throughout the pandemic, and cancel the national insurance rise. Those are measures that the Government could take, but they are refusing to do so.
Short-term policy responses will not put money into the pockets of working people; only a long-term plan to address the crisis will do so. The war in Ukraine has shown how important energy security is. We need to invest in renewables and nuclear energy, as the Labour party has pushed for, to end our dependency on foreign nations. That would create proper jobs on a living wage. We also need to invest heavily in our infrastructure—trams, trains and metros—to create further economic effects and to green up our nation. Again, that will create jobs.
As I find myself saying time and time again, this is an issue not of how but of political will. Sadly, I think it is an issue that the Government will continue to avoid, while the Opposition parties rightfully make the case for proper support. Our constituents are suffering; it is about time that the Government did something to help them. It is not surprising that no Conservative Back Benchers are present—they know that what is happening is indefensible.