Cost of Living
The following is an extract from the estimates day debate on the Cost of Living on 5 July 2022.
Throughout the pandemic, the Government acted decisively to protect lives and livelihoods, continually supporting individuals and businesses. Our social security system had a key component—universal credit—which provided a vital safety net for about 6 million people during the pandemic, and stood up to those testing times. We were able to prove, in a real-life environment, how resilient the system was, and I am incredibly proud of the work that the Government did to keep the country going. Our support package was worth a total of £407 billion between 2020 and 2022, and constituted the biggest single fiscal intervention since world war two.
[Official Report, 5 July 2022, Vol. 717, c. 766.]
Letter of correction from the Under-Secretary of State for Work and Pensions, the hon. Member for Macclesfield (David Rutley):
An error has been identified in my response to the debate.
The correct information should have been:
[Official Report, 5 July 2022, Vol. 717, c. 766.]
Letter of correction from the Under-Secretary of State for Work and Pensions, the hon. Member for Macclesfield (David Rutley):
An error has been identified in my response to the debate.
The correct information should have been:
Our support package was worth up to £400 billion between 2020 and 2022, and constituted the biggest single fiscal intervention since world war two.