That is indeed good news. Yesterday’s employment figures were also good news, showing that more people are in work than ever before. I am pleased that we have been able to help working people with their finances. We have done that through the national living wage; we have done it by cutting taxes; and we have done it by freezing fuel duty. For the lowest paid, the national living wage and the cuts in taxes mean that they take home £4,500 more than they did under the last Labour Government.