Spending Review 2025 Debate

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Department: HM Treasury

Spending Review 2025

Geoffrey Clifton-Brown Excerpts
Wednesday 11th June 2025

(3 days, 11 hours ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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I thank my hon. Friend for her campaigning on housing and homelessness, which is a big challenge in many of our constituencies, including hers in Vauxhall and Camberwell Green. We want to work closely with local councils and the Mayor of London to build the affordable homes that we desperately need in the capital city, where house prices and rents are still far too high for so many families. I look forward to working with my hon. Friend on just that.

Geoffrey Clifton-Brown Portrait Sir Geoffrey Clifton-Brown (North Cotswolds) (Con)
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The billions of pounds that have been announced by the Chancellor are very big rises, and the Public Accounts Committee looks forward to scrutinising that expenditure—I am sure it will be welcomed by those who receive it—to ensure we are getting value for money, but can the Chancellor explain to the House how it will be funded, because debt and tax are at record levels? Can British workers look forward to a summer of expecting more tax increases?

Rachel Reeves Portrait Rachel Reeves
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I look forward to that scrutiny, but the hon. Gentleman will know that the allocations we have made today are based on the tax increases we made in the Budget last year. We are not spending a single penny more or a single penny less than the money we set out in the autumn Budget and the spring statement.