Debates between Dave Doogan and Darren Jones during the 2024 Parliament

Mon 28th Oct 2024

Fiscal Rules

Debate between Dave Doogan and Darren Jones
Monday 28th October 2024

(3 weeks, 5 days ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Darren Jones Portrait Darren Jones
- View Speech - Hansard - - - Excerpts

My hon. Friend points rightly to the £22 billion black hole that we are having to clear up after the Tory party. In the Budget on Wednesday, the Chancellor will set out how we are resetting public finances and fixing the foundations, so that we can get on and deliver our manifesto.

Dave Doogan Portrait Dave Doogan (Angus and Perthshire Glens) (SNP)
- View Speech - Hansard - -

In outline terms, we welcome what the Government are seeking to do. It is important to raise the ability to generate capital infrastructure investment. Scotland invests 42% more than the UK average, and the UK average is 50% lower than the OECD average. That issue is a priority, but the Government’s move will fall on stony ground if on Wednesday the Chancellor continues with her priority to not lift people out of poverty and to go by exception after small businesses that take an income from that business by raising the cost of employment. With the four signal capital investment projects all being in England, I am moved to ask: what’s in this for Scotland?

Darren Jones Portrait Darren Jones
- View Speech - Hansard - - - Excerpts

I am delighted to hear the hon. Gentleman tell the House that he welcomes the positive change that this Labour Government in Westminster are delivering to the Scottish people. I agree with him. On early announcements, I can point to GB Energy and the huge commitments we have made on energy infrastructure, which we know will be important to the Scottish people. We absolutely recognise that the Scottish economy has a huge contribution to make to the whole economy of Great Britain and Northern Ireland, and we look forward to working with the Scottish people to make that a reality.