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Harriett Baldwin questions the Chancellor on post Covid-19 plans

27th April 2020

Harriett Baldwin considers balancing the budget after the COVID-19 pandemic and suggests to the Chancellor that he looks at ending the fair fuel stabiliser now that fuel prices have fallen and a windfall tax on hedge fund managers currently selling short on the businesses the Government in trying to support.

Harriett Baldwin (West Worcestershire) (Con)

I thank the Chancellor and his teams for the speed with which they have managed to get so much money to help so many of my constituents. As he thinks about how he is going to balance the black hole that is his budget at the end of this, may I suggest that he consider not only ending the fair fuel stabiliser now that fuel prices have fallen by so much, but putting a windfall tax on hedge fund managers who are currently selling short the very businesses he is trying to support?

Rishi Sunak

I thank my hon. Friend for her support. I cannot comment on future Budgets, but I certainly hear what she has to say. I echo what I said earlier to the hon. Member for Hove (Peter Kyle). We are all in this together. As we look to repair public finances and get our economy going after we exit this crisis, it is important that everybody, from every part of society, plays their part in that.



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