VerbatimParliament, as it happens

Cost of Living

Asked by Graham LeadbitterScottish National PartyTreasuryTabled Answered 3 September 2024UIN 900222

The question

To ask the Chancellor of the Exchequer, what fiscal steps her Department is taking to support households with the cost of living.

Answered by James Murray

The government is working to improve living standards for everyone across the country, which is why growth is a key priority. This is why we have got to work straightaway implementing planning reform and establishing the National Wealth Fund and Great British Energy.

The approach of this government will centre on fostering good work. This government will reform employment support to offer more people the dignity and purpose of meaningful employment.

We have begun supporting households with the cost of living by launching a Ministerial Taskforce on child poverty and updating the Low Pay Commission's remit to reflect the cost of living when making recommendations on the National Living Wage.

Any further steps will be set out in due course.

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