Oral QuestionTreasury

What recent assessment he has made of the potential impact of changes in mortgage interest rates during this Parliament on household disposable income.

Tabled: 31 January 2024Answered: 6 February 2024

Asked by

Rushanara Ali

LabourBethnal Green and Stepney

Answering Minister

the Chancellor of the Exchequer

Answer from Hansard

The Parliamentary Under-Secretary of State for Transport (Lilian Greenwood)

Fourteen years of decline in local bus services under the previous Administration has hit communities across the country hard, especially in rural areas. This Government know that buses are a lifeline, and through our upcoming buses Bill, we will give all local leaders the powers that they need to design networks that meet the needs of their communities, including measures to ensure that vital services for passengers remain running.