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1-20 of 43 results for subject:Inflation

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Baroness Coffey

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Coffey, Baroness (43)

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My Lords, I cannot welcome this Budget. It is a bad Budget for Britain, in terms of not only lack of growth but rising unemployment and inflation. Looked at from pretty much every angle, it is

a bad Budget for the average working household. I will not get into process;...

Member
Baroness Coffey (Conservative)
Type
Proceeding contributions
Date
4 December 2025
Reference
850 cc1940-3
House
House of Lords

Some 250,000 more people will be plunged into poverty, including 50,000 children. The OBR forecasts lower employment as a direct result of Labour’s welfare announcements, with unemployment rising overall and even more applications for PIP with changes to the UC health element. We will face the worst of all worlds,...

Member
Baroness Coffey (Conservative)
Type
Proceeding contributions
Date
27 March 2025
Reference
844 c1828
House
House of Lords

It is a pleasure to speak in this debate, and I congratulate the right hon. Member for Orkney and Shetland (Mr Carmichael) on securing it and the Backbench Business Committee on granting it.

This is an important matter, no matter what age people are. I appreciate that today we are not...

Member
Baroness Coffey (Conservative)
Type
Proceeding contributions
Date
2 May 2024
Reference
749 c397
House
House of Commons

I certainly will not accept responsibility for that. I am conscious of the arrangement with the Pension Regulator, but also the situation that happened with liability-driven investments. The Bank of England saw that as a risk in 2018 and did nothing about it. I come back to the fact that...

Member
Baroness Coffey (Conservative)
Type
Proceeding contributions
Date
2 May 2024
Reference
749 cc397-400
House
House of Commons

It is a pleasure to speak in today’s debate. I strongly welcome the measures announced in the Budget. We heard about increasing investment and growth. I am pleased that the Treasury Committee will scrutinise the OBR and the Chancellor next week. It is important that we consider the Bank of...

Member
Baroness Coffey (Conservative)
Type
Proceeding contributions
Date
6 March 2024
Reference
746 cc906-8
House
House of Commons

No, I will not.

The autumn statement unveiled a comprehensive plan that addresses immediate needs while also putting in place the foundations for long-term growth. The measures outlined in it serve as pillars of stability, fostering hope and laying the true foundations for a resilient and prosperous future. There are 110...

Member
Baroness Coffey (Conservative)
Type
Proceeding contributions
Date
23 November 2023
Reference
741 cc488-490
House
House of Commons

I am not sure why I gave way. I should have expected a low-quality comment like that.

In terms of the thinking about when we were coming out of covid, I worked with the now Prime Minister on the Way to Work, and we got 500,000 people back into jobs. A...

Member
Baroness Coffey (Conservative)
Type
Proceeding contributions
Date
23 November 2023
Reference
741 cc490-2
House
House of Commons

I understand what the hon. Member says about bandwidth. Of course, any additional duties, if the Government were minded to take that forward, should be accompanied by new burden funding.

Member
Baroness Coffey (Conservative)
Type
Proceeding contributions
Date
23 November 2023
Reference
741 c493
House
House of Commons

I hear what the hon. Lady is saying, but instead of building the extra bit of HS2, the money will be used in a variety of ways, mostly on roads and the electrification of train lines. That is an important way of decarbonising our existing rail industry. Between 2010 and...

Member
Baroness Coffey (Conservative)
Type
Proceeding contributions
Date
23 November 2023
Reference
741 c508
House
House of Commons

Can the hon. Gentleman clarify the answer he just gave to the hon. Member for Kilmarnock and Loudoun (Alan Brown)? Sizewell C is in my constituency, so I just want to get clarity: does the Labour party support what the Government have done so far in investing in Sizewell C,...

Member
Baroness Coffey (Conservative)
Type
Proceeding contributions
Date
23 November 2023
Reference
741 c520
House
House of Commons

In these unprecedented times, we stand at the crossroads of recovery and resilience, and the autumn statement gives

us a clear road map for the challenging economic terrain we still find ourselves in. I have a lot of time for the shadow Secretary of State for Business and Trade, the...

Member
Baroness Coffey (Conservative)
Type
Proceeding contributions
Date
23 November 2023
Reference
741 cc486-8
House
House of Commons

The right hon. Member for Kingston upon Hull North (Dame Diana Johnson) will be aware that, in recognition of the cost of living challenge, we have announced a new £15 billion support package that is targeted at those who are most in need, bringing the total cost of living support to £37 billion. The extra support should cover every household, but is particularly targeted at helping more than 8 million households in receipt of means-tested benefits. The household support fund, which is delivered through councils, is another way that constituents can access help.

Answered by
Baroness Coffey (Conservative)
Answering body
Department for Work and Pensions
Type
Oral answers to questions
Date
6 June 2022
Reference
715 c524
House
House of Commons

The Government have always been clear that getting into work and getting on in work is an important way to lift people’s prosperity. That is why we lifted the national living wage from April; why last December we quickly put in place a change in the taper rate so that people keep more of what they earn, while still getting support and benefits; and why we have stepped in with a substantial package of support to help people with this particular challenge of global inflation—caused not only by supply chain challenges after covid, but by Putin’s invasion of Ukraine, which has done a lot to damage to energy costs.

Answered by
Baroness Coffey (Conservative)
Answering body
Department for Work and Pensions
Type
Oral answers to questions
Date
6 June 2022
Reference
715 c524
House
House of Commons

The hon. Gentleman forgets that the advance is there to spread the payment that people are entitled to over a year into 13 payments. We have also

enabled people in effect to have that payment spread over two years, with 25 payments. It is about a phasing of how we put into families’ pockets the benefits to which they are entitled, and nothing else.

Answered by
Baroness Coffey (Conservative)
Answering body
Department for Work and Pensions
Type
Oral answers to questions
Date
6 June 2022
Reference
715 c524
House
House of Commons

The whole House would unite with my hon. Friend in thanking carers, and I am sure we all have lived experiences as well. I think it is fair to say that carers allowance is not intended to be a replacement salary or anything like that; it is a contribution, and a modest contribution, I accept. As with all benefits, we consider the uplift annually, and I will continue to do so.

Answered by
Baroness Coffey (Conservative)
Answering body
Department for Work and Pensions
Type
Oral answers to questions
Date
6 June 2022
Reference
715 c525
House
House of Commons

What assessment she has made of the effect of inflation on households in receipt of social security benefits.

Asked by
Diana Johnson (Labour)
Answering body
Department for Work and Pensions
Oral questions - Lead
Status
Answered
Date
6 June 2022
Reference
900275; 715 cc524-5
House
House of Commons

What assessment she has made of the effect of inflation on households in receipt of social security benefits.

Asked by
Alex Cunningham (Labour)
Answering body
Department for Work and Pensions
Oral questions - Lead
Status
Answered
Date
6 June 2022
Reference
900293; 715 cc524-5
House
House of Commons

The right hon. Gentleman asked multiple questions earlier and I answered at least one of them, but the answer is yes, I do make that commitment.

Member
Baroness Coffey (Conservative)
Type
Proceeding contributions
Date
21 March 2022
Reference
711 c96
House
House of Commons

It is a pleasure to speak in this debate. To be clear, there have been no U-turns. I am sure that the right hon. Member for Leicester South (Jonathan Ashworth) was not intentionally misleading the House when he suggested there was. I am again happy to put on record that...

Member
Baroness Coffey (Conservative)
Type
Proceeding contributions
Date
21 March 2022
Reference
711 c99
House
House of Commons

It will depend to some extent on the individual circumstances. I fully accept that the £200 rebate on energy bills is a phasing of support and I recognise that it is not an entire grant, unlike the £150 council tax discount.

Member
Baroness Coffey (Conservative)
Type
Proceeding contributions
Date
21 March 2022
Reference
711 c100
House
House of Commons