David Davis

@DavidDavisMP ↗

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Last Checked May 18, 2022

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Thu Jan 27 10:30:41 +0000 2022

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David Davis @DavidDavisMP

This would put us in exactly the same borrowing position as the Treasury was trying to achieve with the National Insurance increase. And would also reduce inflationary pressures whilst still allowing companies to pay normal wage increases at year end. https://t.co/ic7S0UKww0 — PolitiTweet.org

Posted Jan. 27, 2022

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David Davis @DavidDavisMP

That means we can safely cancel the National Insurance increase which they estimate will cost £12bn. We could also zero-rate VAT on fuel, which would cost £4bn. We could also freeze Council Tax. — PolitiTweet.org

Posted Jan. 27, 2022

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David Davis @DavidDavisMP

This would do a massive amount to abate the cost-of-living crisis and prevent us spiralling into stagflation. All of this is based on House of Commons Library numbers provided to me yesterday. — PolitiTweet.org

Posted Jan. 27, 2022