Part of Cabinet Office – in the House of Commons at on 9 June 2022.
Her Majesty’s Government understand that many people are worried about the effect of rising prices. That is why we recently announced over £15 billion of additional support, targeted particularly at those in the greatest need. That brings Government support for the cost of living this year to over £37 billion.
We need to look at the wider context here. It is challenging to separate out the effects of Brexit on the UK economy. Indeed, it is worth noting, as Julian Jessop has been pointing out, the very high rate of food inflation in Germany, which I do not believe is an effect of Brexit. We have also seen an illegal war in Russia and supply chain problems following the pandemic. So we will move on with the Brexit freedoms Bill and the Procurement Bill, which will help us to get more opportunities for growth from leaving the European Union.