Budget Resolutions

Andrew Snowden Excerpts
Wednesday 6th November 2024

(2 weeks, 1 day ago)

Commons Chamber
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Andrew Griffith Portrait Andrew Griffith
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The—[Interruption.] I am trying to find something relevant to say to the hon. Lady. There is a—[Interruption.]

None Portrait Hon. Members
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Behind you!

Andrew Griffith Portrait Andrew Griffith
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I will happily give way in a minute. At least the Budget that the hon. Lady talks about was an attempt to do two things. First, it sought to shield households in this country from going into a cold winter with an increase in energy bills—her Labour colleagues may wish to contemplate what they have done to 8 million pensioners through the reduction of the winter fuel allowance. Secondly, it was a Budget for growth. This Budget, as we have observed—[Interruption.] Well, some people are making interesting comments, but the direction in this Budget is to lower, rather than increase, growth.

Andrew Snowden Portrait Mr Snowden
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Does my hon. Friend agree that, in the reaction to the Budget, the gilt market is in a far worse position than it was following the mini-Budget? Labour Members might want to do some research into the impact of their own Budget.

Andrew Griffith Portrait Andrew Griffith
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Well, my—[Interruption.]