Government Performance against Fiscal Rules Debate

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Department: HM Treasury

Government Performance against Fiscal Rules

Yuan Yang 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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As a consequence of the Chancellor’s decisions, we gave Scotland the largest real-terms spending increase since devolution began, and the only radical change that we are now looking for is the Scottish National party to be kicked out of Holyrood next May.

Yuan Yang Portrait Yuan Yang (Earley and Woodley) (Lab)
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As my hon. Friend the Member for Loughborough (Dr Sandher) mentioned, there were seven different sets of fiscal rules under the previous Government. The shadow Chancellor, the right hon. Member for Central Devon (Sir Mel Stride), has announced that he has reflected on the mistakes made by the Truss Government and I am sure that international investors watching what is happening in the Commons would like to see sensible debate from all parties in the Chamber on the most critical challenge facing our times. Will the Chief Secretary therefore set out the important ways in which capital investment unlocked under these fiscal rules are allowing for economic growth and development?