Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Richard Fuller Excerpts
Tuesday 3rd November 2026

(1 day, 22 hours ago)

Commons Chamber
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Lindsay Hoyle Portrait Mr Speaker
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I call the shadow Minister.

Richard Fuller Portrait Richard Fuller (North Bedfordshire) (Con)
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That was a shockingly complacent response by the Government Minister. The latest Office for Budget Responsibility forecast shows that this Labour Government will borrow nearly a quarter of a trillion pounds more in just two years, this year and next year, costing every household an extra £476 a year in additional debt interest. Does the Chancellor accept not only that was this Budget a lost opportunity to bring borrowing under control, but that Labour’s addiction to borrowing is bleeding the British people dry?

Torsten Bell Portrait Torsten Bell
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Our record is reducing borrowing. The hon. Member’s record is being a Minister under Liz Truss. What is the Leader of the Opposition’s big idea now? It is appointing the Liz Truss fanboy and coming back to the Liz Truss playbook, promising over £30 billion of unfunded tax cuts. The Conservative party is offering lettuce-wilting levels of fiscal incontinence.