Good news for families, pensioners, motorists and small businesses

Speaking in the House of Commons this afternoon, David Evennett, MP for Bexleyheath and Crayford, welcomed the measures announced during the Chancellor of the Exchequer’s Autumn Statement.

Mr Evennett said “I welcome my right honourable Friend’s statement and in particular the announcements on rail fares and the fuel duty. Does he agree that those policies and others that he has expressed today show that the Government are helping hard-working people with the cost of living wherever they can?”

In response, the Chancellor, Rt Hon George Osborne MP, said “I absolutely agree with my honourable Friend. We have been able to take action on fuel duty so that taxes on petrol will be 10p lower than they would otherwise have been. We have taken action to reduce the increase in rail fares. I also stress that we have helped small businesses that employ people by extending the business rate freeze.”

The Chancellor had announced that the Government would invest in a number of key areas to boost the economy whilst maintaining the Government’s commitment to reducing the budget deficit. These included:

– Extra money to provide school places
– Postponing the planned fuel duty rise
– Increasing the state pension and pension credit in line with inflation, as promised
– Re-invigorating the Right to Buy scheme, with sales funding new housing schemes
– A £20 billion National Loan Guarantee Scheme to provide cheaper loans to businesses
– Introducing a Youth Contract, an employment scheme that will help 200,000 young people
– Reducing rail fare rises

Full details on these plans can be found here: http://www.hm-treasury.gov.uk/as2011_documents.htm

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