Government Performance against Fiscal Rules Debate
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Esther McVey
Main Page: Esther McVey (Conservative - Tatton)Department Debates - View all Esther McVey's debates with the HM Treasury
Government Performance against Fiscal Rules
Esther McVey Excerpts(1 day, 13 hours ago)
Commons ChamberRead Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
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Darren Jones
Because of the Chancellor’s decision to update the definition of debt—[Interruption.] We have been able to unlock billions of pounds of investment into houses and schools and hospitals and GP surgeries across the country. Opposition Members may laugh but, as my hon. Friend points out, they have no plan to share with anyone at all.
Esther McVey (Tatton) (Con)
In November last year the Chancellor told the CBI conference that she was
“not coming back with more borrowing or more taxes.”
Will the Minister, as the Chancellor is not in the Chamber, reiterate that promise today, or has the Chancellor mishandled the economy so badly that she is now going to have to add this to the Government’s growing list of U-turns?
Darren Jones
The Chancellor was very clear that the last Budget was a once-in-a-generation Budget because it had to deal with the sheer scale of negligence and mess that we had inherited from the party opposite. I am very grateful now that we are one year into a Labour Government we do not have to keep clearing up their mess year after year.