Government Performance against Fiscal Rules Debate

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Department: HM Treasury

Government Performance against Fiscal Rules

Jim Dickson 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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Because the Conservative party had not done a spending review since 2021 and let inflation go through the roof, and the cost of doing business was higher, along with a whole string of broken promises from the Conservatives. The sooner they reflect on their mistakes and apologise to the country, the better for all of us.

Jim Dickson Portrait Jim Dickson (Dartford) (Lab)
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With major investments announced by this Government that will directly benefit my constituents—such as the lower Thames crossing, Darent Valley hospital and school building renewal—does the Chief Secretary agree that this Government have the fiscal rules in place to provide the economic stability we need to renew our social and economic infrastructure, which was left in a terrible state by the last Government?

Darren Jones Portrait Darren Jones
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I thank my hon. Friend for demonstrating the real consequences of fiscal discipline, but also the fact that the Chancellor updated the fiscal rules to allow for investment in precisely the kinds of projects my hon. Friend mentions in his constituency—in hospitals, schools, better roads, public transport and more affordable housing across the country.