Ordinary working families will benefit from the measures outlined by the Chancellor Philip Hammond in his autumn statement, Brighton Kemptown MP Simon Kirby said.
Mr Kirby, a minister in Mr Hammond’s Treasury team, said: “As Economic Secretary to the Treasury, I especially welcome whiplash reforms, the new savings bond, the ‘help to buy’ equity loan scheme, the ‘help to buy’ ISA and the injection of an additional £400 million into venture capital funds through the British Business Bank which are some of my areas of responsibility.”
But the Conservative MP said that constituents would feel the benefits of the increase in the national living wage, help for housebuilding and the scrapping of upfront letting agent fees.
Mr Kirby said: “The autumn statement sets out the action the Chancellor will take to put ordinary working families first
• helping ordinary working families who are struggling to get on
• bringing down the deficit to get the country back to living within its means
• tackling long-term challenges and making Britain more productive
“The action announced in this autumn statement will help local people who are just about managing and ensure that our economy is fighting fit as we begin the process to leave the European Union.
“Increasing the national living wage, building more homes that local people can afford, ending tenants’ fees and continuing the fuel duty freeze for the seventh successive year will help families across Brighton Kemptown and Peacehaven make ends meet.
“By backing businesses, investing in our transport networks and securing world-class digital infrastructure, we will keep Britain moving and support our economy for the future.
“This is about putting ordinary working families in Brighton Kemptown and Peacehaven first and building an economy that works for everyone, not just the privileged few.”