Conduct of the Chancellor of the Exchequer
Debate between Mel Stride and Shaun Davies
Wednesday 10th December 2025
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
(1 week, 4 days ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Sir Mel Stride
My right hon. Friend is right. To be more accurate, we can see it even from Pluto. He is also so right about the loss of jobs in hospitality; about 90,000 jobs have been destroyed, many of them the first opportunity to get on to the career ladder that young people would otherwise have had. That is as a direct consequence of the increase in national insurance. It was not just an increase in the rate; it was a reduction in the threshold at which that tax cuts in. That disproportionately affects those on lower income, in particular women, part-time workers and, yes, young people.
