Autumn statement a positive step forward
Speaking following the autumn statement announcement by the Chancellor of the Exchequer this afternoon, Highlands and Islands MSP Jamie Halcro Johnston said:
“This autumn statement has been given against a backdrop of incredibly challenging circumstances for our country. Inflation has reached levels unseen for a generation – driven by the impact of Putin’s disgraceful war of aggression in Ukraine. The chancellor Jeremy Hunt has had to ensure stability while protecting those in need.
“When it comes to the cost of living crisis, it is really important that help is well targeted at those who need it most. Today’s announcements provide £26 billion to support the most vulnerable and older people with the impact of the crisis, while also ensuring a 10.1% rise in pensions and benefits – and the largest ever increase in the National Living Wage, taking it to £10.42 an hour – a £1,600 a year rise for a full time worker on the lowest pay.
“We have also seen positive announcements in key issues that impact the Highlands and Islands. There is a continued commitment to the levelling-up agenda, with funding to be protected. I have lobbied the Prime Minister on support for those in off-grid homes, often reliant on oil or LPG for their heating, so I am pleased to see that the Alternative Fuel Payments will be doubled for domestic customers – with additional support for off-grid businesses.
“A £13 billion package of support for business rates payers in England will bring Barnett consequentials for the Scottish Government and it is vital that this money is used to back businesses here in Scotland and protect jobs.
“The chancellor has also increased the levy on profits of energy producers, ensuring that there is recognition that they must play their part during this period. The energy price guarantee will continue to ensure that prices are lower than they would otherwise have been.
“But overall, this autumn statement is a positive step, with real action to restore stability to public finances, tackle the cost of living crisis, protect those most in need and get inflation down.”
ENDS
