Oral Answers to Questions

Debate between Mel Stride and Desmond Swayne

Monday 13th May 2024 Commons Chamber

[Sir Desmond Swayne (New Forest West) (Con)]

T2. Given that it would not survive under Labour, just how vital is the work plan?

[Mel Stride]

My right hon. Friend is entirely right to raise that point: in the absence of this Government, the work plan will be no more. The problem is that we do not know exactly what will replace it, because there is no plan from the party opposite—no plan on work capability assessments, no plan on personal independence payments, no plan on fit notes. We do not know what Labour stands for, so let us stick with the plan, and let us elect a Conservative Government at the next election.

Oral Answers to Questions

Debate between Mel Stride and Desmond Swayne

Monday 19th June 2023 Commons Chamber

[Mel Stride]

I am grateful to the hon. Gentleman; I opened my door to him as soon as he requested and had him and his colleagues in for a discussion. We continue to consider those matters as part of the general policy going forward, and I will keep him informed of news as it may or may not occur.

[Sir Desmond Swayne (New Forest West) (Con)]

Is the disability action plan in addition to the national disability strategy?

Oral Answers to Questions

Debate between Mel Stride and Desmond Swayne

Monday 6th March 2023 Commons Chamber

[Mel Stride]

The two reports to which I have just referred are independent—from the Government Actuary’s Department, on matters such as life expectancy; and from Baroness Neville-Rolfe, on the metrics that should be taken into account in determining when the next increase in the state pension age should occur. We certainly take into account issues such as pensioner poverty, on which we have an excellent record. In fact, relative pensioner poverty before housing has halved since 1999, and there are 400,000 fewer pensioners in absolute poverty—that is before or after housing—compared with 2009-10.

[Sir Desmond Swayne (New Forest West) (Con)]

Is it realistic to continue to expect people to spend a third of their lives on a pension?

[Mel Stride]

I have great respect for my right hon. Friend, but I am afraid that although he tempts me to answer that question, I cannot prejudge the decisions that I will take in the review.

Budget Resolutions

Debate between Mel Stride and Desmond Swayne

Wednesday 11th March 2020 Commons Chamber

[Mel Stride]

Quite the reverse. I began by pointing out that the fundamentals of the economy are strong. They certainly were not strong in 2010. We inherited something of a mess from the Labour party.

[Sir Desmond Swayne (New Forest West) (Con)]

Will my right hon. Friend reflect on the significant temptation that the Government can now borrow for 10 years at 0%?

[Mel Stride]

My right hon. Friend intervenes exactly as I am about to move on to just that point. I assume that the Chancellor is adhering to the rules set out in the manifesto. In other words, we will borrow up to 3% of GDP, subject to a cap in the event that the interest on that borrowing meets or exceeds 6% of the Government’s revenues. It seems to me, from what I have quickly scribbled on the back of a piece of paper, that the kind of figures for public sector net investment he envisages rolling out—I think he gave a figure of £110 billion by 2024-25—probably pushes us right up against that 3% level. I am looking at the Chancellor and he is kind of nodding, slightly at least, so I am assuming that that is broadly correct. The Select Committee will want to probe how sustainable that is, particularly in light of possible recasting of forecasts going forward.

The Chancellor also raised a very interesting point about how to categorise human capital as between day-to-day spending and investment. I know he will be looking at that very closely. I can assure him that the Treasury Committee will be also be looking at that very carefully to make sure it is a rational and sensible thing to do, and not in any way shuffling the figures around to spend more and break existing arrangements. The announcements on greater spending on housing, green investment, flooding arrangements, roads, rail and the A303—thank you for what you are doing for the south-west, Chancellor—are all important, particularly given our historically low levels of productivity.