Bill Esterson
Main Page: Bill Esterson (Labour - Sefton Central)Department Debates - View all Bill Esterson's debates with the HM Treasury
(9 years, 9 months ago)
Commons ChamberMy hon. Friend underestimates what the previous Labour Government cost us. They actually cost us billions of pounds a year in the rebate that they gave away. That is yet another reason why the idea that they could fight for our interests in Europe is obviously false: we saw what they did when they were in office.
My constituents want a Chancellor who will work with our European partners to create well-paid jobs for ordinary people to reverse the decline in living standards over which he has presided. What they do not want is a Chancellor who tries to pull the wool over their eyes after failing to negotiate with our partners, while making false promises and claims about a budget rebate that was always going to happen.
As I have said, we worked with the other member states to achieve the deal at ECOFIN. We needed the agreement of the other member states on the delay, paying no interest and the permanent change in the rules. It is always good to get lectures from Labour Members about working with and supporting colleagues, so we look forward to the shadow Chancellor’s speech supporting his leader in the next couple of weeks. [Interruption.] The right hon. Gentleman nods, and I know that he is a man true to his word.