Economic Responsibility and a Plan for Growth

Debate between William Wragg and Feryal Clark

Wednesday 19th October 2022 Commons Chamber

[Mr William Wragg (Hazel Grove) (Con)]

Thank you very much for calling me so early in the debate, Madam Deputy Speaker. If I may strike a conciliatory tone at the outset of my remarks, I thank everybody in this House who sent me remarkable support in the course of the summer recess. There is nothing unique about my having had issues with my mental health, but what is perhaps more unique than most in the country is that I have the platform and opportunity to highlight that and to speak empathetically, and I am very grateful indeed. In making this speech, there are a number of things in my life that I am struggling with at the moment, but, bizarrely, it seems that making a speech in the House of Commons is not one of them. I am not entirely sure whether that is attuned to my state of mind, and no doubt my hon. Friends on the Front Bench will tell me afterwards.

I want to speak on this important matter because I have not said a word to my constituents about the events of the last month or so. I watched on from home when the Chancellor gave his so-called mini-Budget, which should have been delivered as a full Budget, with the proper procedures of the House duly followed. As the time passed, I grew increasingly concerned by its nature. I am quite an old-fashioned person and, in respect of this House, I like to look at the wording of the motion. I also believe in speaking one’s mind, and I can only say that today is the exact centenary of a meeting in 1922, during which Conservative Back Benchers met to decide that they would stand on their own ticket in the 1992 general election, thereby depriving David Lloyd George of the opportunity to continue as Prime Minister. As vice-chair of the 1922 Committee—the foundation of which followed the events of that afternoon and evening—I think it is quite important to speak my mind. I realise there are some in my party who lament that state of affairs, but I hope they will indulge me, as I have indulged them over time.

Many things that have been said by those on the Front Bench are very true. There is an international situation, an illegal invasion of Ukraine and a spike in the international cost of energy. The Government have many things to be proud of—not least the employment record—but there is no escaping the fact that the measures contained within the financial statement directly caused the situation to be made worse. I am quite sure that was not intentional, but I cannot easily forgive the lack of foresight by senior members of the Government. My forgiveness is not what that the Government should seek at all; it should be that of our constituents, who are in a difficult enough situation as it is. To see this as a question of international turbulence inexplicably increasing the mortgage rates and inexplicably necessitating further cuts to public expenditure—I cannot easily forgive that.

In the course of the summer, I found the trashing of the reputations of independent organisations in this country, such as the Bank of England and the Office for Budget Responsibility, to be near to malice in its nature. Treasury orthodoxy came under attack. I am a Conservative, and I suppose that orthodoxy goes hand in hand with that. That is Conservative orthodoxy. Conservative orthodoxy is sound financial management and a balanced budget—not sticking pamphlets into a test tube, shaking it up and seeing what happens. That is not the way the Conservative party should ever govern.

Apparently I can be a little difficult to handle, and my hon. Friend the Member for Workington (Mark Jenkinson) must have wondered what he had done in a previous life to find me in his flock as my Whip. I always commiserate with my Whip when they are appointed; indeed, I have been round the block with a number of them, and I end up getting round to them all over again. But there is a serious point to all this: I am personally ashamed of what occurred with the financial statement, because I cannot go and face my constituents, look them in the eye and say that they should support our great party. The polls would seem to bear that out.

The next debate is apparently a confidence issue. Well, I am not going to fall into that trap. I oppose fracking and thought that we had come to a considered position on it, but there we go. I will vote with the Government Whip.

[Feryal Clark (Enfield North) (Lab)]

Will the hon. Gentleman be lending the Prime Minister his confidence vote in the next debate?

[Mr Wragg]

The hon. Lady is very charitable in giving me a further minute for my peroration, although it seems a shame to extend it too long. The fracking debate that follows has been made a confidence vote. If I voted as I would wish, I would lose the Whip. I would no longer be a vice-chair of the 1922 Committee. I would no longer maintain my position as a Chair of one of the Select Committees of the House. Indeed, because of that, my letter lodged with my hon. Friend the Member for Altrincham and Sale West (Sir Graham Brady) would fall, and I wish to maintain that letter with him.