Andrew Bridgen
Main Page: Andrew Bridgen (Independent - North West Leicestershire)(13 years, 7 months ago)
Commons ChamberI will give way again in a little while.
Let us look at Islington council, of which Labour took control in May. The previous Liberal Democrat administration appointed a chief executive on a salary of £220,000. The Labour council cut that salary by £60,000—a significant sum and a good example of a Labour council delivering value for money. However, that is a drop in the ocean against the £40 million-worth of savings that Islington has to find. The Secretary of State knows that the Bill does nothing for councils up and down the country that are struggling with the most difficult finance settlement in a generation. It is not localist to cripple local councils with devastating cuts and to stop them delivering the essential services on which local communities rely.
Has the right hon. Lady noted that Moody’s, the credit rating agency, stated last week that it is only the coalition Government’s deficit reduction plan that is saving our triple A rating? If we lose that, the markets will force far higher cuts on us.