Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Luke Murphy Excerpts
Tuesday 9th September 2025

(1 day, 20 hours ago)

Commons Chamber
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Dan Tomlinson Portrait Dan Tomlinson
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My hon. Friend is right to highlight the fact that we have had five interest rate cuts since the election. That has reduced the cost of mortgages for families up and down the country, and reduced the cost of borrowing for businesses that are thinking about investing. It is good to see that there is more investment coming both domestically and internationally, particularly as a result of our investment summit that I was pleased to attend last year.

Luke Murphy Portrait Luke Murphy (Basingstoke) (Lab)
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When I was elected for the first time last year, my constituents told me that they wanted this Labour Government to rebuild our public services, which is what our tax changes are delivering. Does the Minister agree that Opposition parties, of whatever colour, want the benefits of our investment in public services but are not willing to take the tough decisions to deliver them?

Dan Tomlinson Portrait Dan Tomlinson
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Yes, I agree strongly with my hon. Friend that Opposition Members continue to will the ends—they want the spending on public services—but are not willing to come forward with a plan for the means and the money to invest in our public services so that we can change things for people up and down this country.