Government Performance against Fiscal Rules Debate
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Johanna Baxter
Main Page: Johanna Baxter (Labour - Paisley and Renfrewshire South)Department Debates - View all Johanna Baxter's debates with the HM Treasury
Government Performance against Fiscal Rules
Johanna Baxter Excerpts(1 day, 12 hours ago)
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Johanna Baxter (Paisley and Renfrewshire South) (Lab)
The consequences of losing control of the country’s finances, as the Conservatives did, caused real pain and a cost of living crisis for my constituents. Does my right hon. Friend agree it is only because of our sound economic management that we have seen wages rise for working people at a faster rate in the first 10 months of this Labour Government than in the last 10 years of the Conservative Government?
Darren Jones
My hon. Friend is right. Whether it is investors, market traders or our constituents, they got sick to the back teeth of chaos under the Conservatives, whether it was the mess of Brexit or the change in Prime Minister and Chancellor every five minutes. Ultimately, that resulted in a Parliament in which people were worse off at the end of the Conservative Administration than they were at the start, and our mortgages and rents were higher as a cost of the loss of control in the public finances. This Labour Government will never let that happen again.