Government Performance against Fiscal Rules Debate

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Department: HM Treasury

Government Performance against Fiscal Rules

David Pinto-Duschinsky Excerpts
Monday 7th July 2025

(1 day, 14 hours ago)

Commons Chamber
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Darren Jones Portrait Darren Jones
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The hon. Lady will know that when the changes in national insurances contributions for employers were implemented, the scheme was designed so as to protect smaller businesses, in relation to bigger business. She points to our fish and chip shops, which are often beloved in all our communities. I know from fish and chip shops in my own constituency that the price of fish, for example, has gone from about £100 to £300 a box. The price of oil has gone up following the Russian invasion of Ukraine, and even the price of potatoes has gone up, often because those products are imported from the European Union into the UK. That is why our trade deal on food and drink with the EU as well as our investment into cheaper renewable energy will make a big difference to fish and chip shops such as the one that the hon. Lady mentioned.

David Pinto-Duschinsky Portrait David Pinto-Duschinsky (Hendon) (Lab)
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It is always amusing to hear the shadow Chancellor, who presided over a crisis in the welfare system, complain about this Government’s actions to restore fiscal stability. It is like listening to an arsonist complaining about the fire brigade. Does my right hon. Friend agree it is difficult to take the Conservatives seriously when they will not tell us what their plans are or even whether they support the spending laid out in the spending review?

Darren Jones Portrait Darren Jones
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My hon. Friend is right. If any party on the Opposition Benches wants to be competitive in the next election, it needs to set out what it proposes to do with the country and how it will pay for it. Time and again, whether it is the Conservative party, Reform UK, the Green party or any other party, it is all promises of jam tomorrow, with no idea about how to pay for it. The public have been burned by that already because of the last Government, and they will not be burned by it again.