Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what support has been made available for those earning the national average wage in response to the cost of living crisis.

Hard-working people are the backbone of our economy. That is why last year the Government increased the national insurance starting threshold by £2,690, taking around 2.2 million working people out of paying national insurance. It is now possible to earn over £12,500 a year without paying any tax or national insurance.

The Government has also taken decisive actions to support all households across the UK through cost of living challenges with a package worth £26 billion in 2023-24, including by reducing bills through the Energy Price Guarantee.

Going further, the government’s priorities to halve inflation and growth the economy are the most effective way to build a more prosperous future for all.