Government Performance against Fiscal Rules Debate

Full Debate: Read Full Debate
Department: HM Treasury

Government Performance against Fiscal Rules

John Slinger Excerpts
Monday 7th July 2025

(1 day, 12 hours ago)

Commons Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts

Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.

Each Urgent Question requires a Government Minister to give a response on the debate topic.

This information is provided by Parallel Parliament and does not comprise part of the offical record

Darren Jones Portrait Darren Jones
- View Speech - Hansard - - - Excerpts

I share the sympathies of the House with the family of my hon. Friend’s constituent.

My hon. Friend is right to point out that investment in HMRC had been cut over many years, which made it harder for tax to be collected from those who needed to pay it. The Chancellor has invested significant sums in HMRC to improve customer services for everybody who uses it, and to ensure that we are getting in the tax receipts that will pay for our public services.

John Slinger Portrait John Slinger (Rugby) (Lab)
- View Speech - Hansard - -

Does the Chief Secretary agree that it is the very decisions made by the Chancellor at the time of the last Budget, including those on the fiscal rules, that have enabled this Government to invest £190 billion in day-to-day spending and £113 billion in long-term investment, and that this simply would not have happened had the Conservative party been in power?

Darren Jones Portrait Darren Jones
- View Speech - Hansard - - - Excerpts

I agree. As the House knows, when the Chancellor presented the Budget last year, she said that this Government “chooses investment over decline” for Britain. That was reflected in our spending review, which was investing in the renewal of Britain, unlocking billions of pounds as a consequence of the fiscal rules that the Chancellor had set out in the Budget—which were non-negotiable, and will therefore stay in place.