Skip to main content

Chancellor to face Treasury Committee on cost of living support

1 June 2022

The Treasury Committee will question the Chancellor of the Exchequer on the recently announced cost of living support package at 1.45pm on Monday 6 June.

About the session

The Committee is likely to explore whether the measures could cause higher inflation, whether support was sufficiently targeted to lower income households, and what impact the Energy Profits Levy will have on investment in the UK.

MPs may also ask about financial support for businesses and the likelihood of further measures being required later in the year.

Chair's comment

Commenting ahead of the session, Rt. Hon. Mel Stride MP, Chair of the Treasury Committee, said:

“It is very welcome to see such a bold package introduced by the Chancellor to support households with the rising cost of living. Overall, this looks like an impressive and generally well-targeted intervention. However, there are inevitably questions that arise, not least around the impact that the Chancellor’s intervention might have on inflation.”

Witnesses

1.45pm, Monday 6 June

Grimond Room, Portcullis House, Houses of Parliament

  • Rt. Hon. Rishi Sunak MP, Chancellor of the Exchequer
    • Accompanied by Dan York-Smith, Director Strategy, Planning and Budget, HM Treasury

Further information

Image: Parliamentary Copyright