James Wild
Main Page: James Wild (Conservative - North West Norfolk)Department Debates - View all James Wild's debates with the HM Treasury
(3 days ago)
Commons ChamberRead Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
James Wild (North West Norfolk) (Con)
First, it was a humiliating reversal of the Chancellor’s winter fuel cuts. Now, welfare cuts that she rushed to meet her fiscal rules have been shredded, leaving unfunded spending to pay for. In October, the Chancellor said that extending the freeze in income tax thresholds
“would hurt working people. It would take more money out of their payslips”—[Official Report, 30 October 2024; Vol. 755, c. 821.]
Does she stand by the commitment to end that freeze from 2028—yes or no?
Rachel Reeves
It was the hon. Member’s Government, when they were on this side of the House, who froze those allowances, taking more money out of the pockets of working people. Despite that, they left a £22 billion black hole in the public finances. I will take no lessons from Conservative party, which has opposed everything that is needed to invest in our public services. We are in the mess we are in because of the damage that it caused.