Reducing Economic Inequality 2022-03-15
2022-03-15
TAGS
Response quality
Questions & Answers
Q1
Direct Answer
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Context
The MP inquired about recent steps taken to reduce economic disparity.
What recent steps has the government taken to help reduce economic inequality?
We are investing more than £6 billion in labour market support over the next three years. Analysis published at the last autumn Budget shows that decisions since the 2019 spending review will have benefited the poorest households most as a percentage of income.
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Assessment & feedback
Response accuracy
Q2
Partial Answer
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Context
The MP expressed concerns about real wages falling, high inflation rates, and rising energy costs. He asked when the government would admit that using the record profits from North Sea oil could help ordinary people facing a cost of living crisis.
When will the Financial Secretary and her colleagues admit it makes sense to use the record profits of North sea oil and gas to help ordinary people, who face a cost of living crisis?
The hon. Gentleman knows that wages are up in real terms compared with pre-pandemic levels, and unemployment is lower than in other countries. The North sea oil industry already contributes additional taxes through a 40% rate.
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Assessment & feedback
Admission of using North Sea profits for economic relief
Provides Wage Statistics Instead
Response accuracy
Q3
Partial Answer
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Context
The MP expressed concern about her constituency's low gross value added rate. She highlighted various energy sources available on the island and welcomed the Chancellor's mention of nuclear power and commitment to the £120 million future nuclear enabling fund.
Will he also commit to publishing the criteria and bidding process for the vital sector, so we can move at pace in this area?
It is great to see the good work going on in my hon. Friend's constituency. However, her question is for our right hon. Friend the Secretary of State for Business, Energy and Industrial Strategy, who I am sure is considering it carefully.
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Assessment & feedback
Publishing criteria and bidding process
Redirects To Another Minister
Response accuracy