Government Performance against Fiscal Rules Debate

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Department: HM Treasury

Government Performance against Fiscal Rules

Luke Akehurst 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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The Chancellor was very clear that the last Budget was a once-in-a-generation Budget because it had to deal with the sheer scale of negligence and mess that we had inherited from the party opposite. I am very grateful now that we are one year into a Labour Government we do not have to keep clearing up their mess year after year.

Luke Akehurst Portrait Luke Akehurst (North Durham) (Lab)
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The Opposition have opposed all the tough decisions this Government have made to raise revenue, from VAT on private schools to the windfall tax. Has the Chief Secretary heard anything from the shadow Chancellor about how their plans would interact with the fiscal rules, if they plan on having any fiscal rules at all?

Darren Jones Portrait Darren Jones
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I might suggest to my hon. Friend that the public are grateful not to hear very much from the Conservative party after 14 years of failure, but if Conservatives Members wish to be competitive again, I would encourage them to set out what they might actually do with the country.