Government Performance against Fiscal Rules

Jim Shannon Excerpts

Monday 7th July 2025 Commons Chamber

[Darren Jones]

I congratulate my hon. Friend on being so successful. The amount of investment that he has secured for his constituency is clearly a testament to his ability to represent it. He is right to point to all those investments, because part of the Chancellor’s economic strategy is investing in the renewal of Britain to benefit not just his constituents, but all our constituents across the country.

[Jim Shannon (Strangford) (DUP)]

Although I very much welcome the Government’s decision last week to roll back on proposed welfare changes, it has undoubtedly put considerable pressure on the fiscal rules. I have the greatest concern for the middle class, who get little help to raise their children, pay for their education or feed them other than child benefit, and who will feel the squeeze of a wage increase without an increase in the child benefit threshold. With respect to the Chief Secretary, and always conscious of the importance of looking after people who need help, may I ask how he will ensure that middle-class families are not squeezed further, which can only have the effect of them robbing Peter to pay Paul, thereby landing themselves in debt to both?

[Darren Jones]

Let me point to the fact that wages are now increasing faster than costs—for the first time in many years. He also invited me to comment on childcare provision, which the Government agree is important to families, whether middle-class or otherwise. We have extended school-based nurseries and breakfast clubs in schools, and have subsidised childcare in nurseries across the country to help working families get to work and be able to afford to do so.