PMQs Live: PM going ahead with tax cuts for the rich – Starmer
Tory incompetence & scapegoating the Bank of England – Blackford
SNP’s Ian Blackford says he would have thought Truss would have said that benefits will be uprated in line with inflation.
He mentions the rise in interest rates, saying it is hitting average families with mortgages with an extra £450 a month.
“Thirty-seven days into the job this is literally the cost of the PM’s incompetence,” he says.
He asks if she will give up her plan to save her chancellor by scapegoating the Bank of England?
The PM responds by saying the action the government is taking means families are not facing “gargantuan energy bills”
She says Blackford and Scottish MPs could help by building nuclear power stations and helping get more gas from the North Sea in order to deliver a more secure energy future.
Blackford responds by saying the PM is “ignoring the damage of the chaos of the mini-budget and is worried about saving the chancellor’s job”.
“Many families are now worried not just about heating their homes but keeping their homes.
“The scale of this Tory crisis is frightening.
“100,000 household a month are up for mortgage renewals – people can’t afford to pay an extra £4,500 a year in interest.”
Truss responds by saying the government is helping people heat their homes and would like to see more support delivering energy security.
“Interest rates are rising globally and they are a decision for the independent Bank of England.”
Truss going ahead with tax cuts for rich – Starmer
Starmer says PM is going forward with her £18bn of tax cuts for the richest and “those who live off stocks and shares.”
He asks why the PM expects working people to pick up the bill for unfunded tax cuts for those at the top?
He also asks if she will stick to a pledge during the Tory leadership contest that she is “not planning public spending reductions.”
Truss responds with: “What our budget has delivered is security for families for the next two winters.
“It’s made sure we’re going to see higher economic growth, lower inflation and more opportunities.
“The way we’ll get our country growing is through more growth, more jobs and more opportunities – not through higher taxes, higher spending and his friends in the union stopping hard working people get to work.”