Conduct of the Chancellor of the Exchequer
Debate between Dan Tomlinson and Scott Arthur(5 days, 16 hours ago)
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Dan Tomlinson
What the Treasury does accept is that at this Budget, the Government had to make the decisions to ensure that we could increase our fiscal stability and get borrowing falling in every single year. The previous Government were not able to control our public finances, and yet in every year of this forecast, borrowing will be falling, and we have more than doubled our headroom to £21.7 billion.
Dr Arthur
I always try to be helpful, and I thank the Minister for giving way.
There was a lot of speculation about the Budget, but a lot of that came from the Opposition Benches. Every single clickbait headline was repeated in the Chamber to fuel speculation. It was incredibly damaging—does the Minister not agree?
Dan Tomlinson
I agree that the Opposition are incredibly damaging for the economy.
The clean-up operation of the disaster zone that was the last 14 years is well and truly under way. Our economic plan is working, with growth up, employment up, interest rates down and borrowing falling, with a Labour Budget focused on the British people delivered by a Labour Chancellor making the fair and right choices. We reject this absurd monologue of emotion from the Conservatives, and we will stick to our plan for a better Britain.
Question put.
Energy Profits Levy: North-east Scotland
Debate between Dan Tomlinson and Scott Arthur(2 months ago)
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Dan Tomlinson
I will first take the intervention from my hon. Friend the Member for Edinburgh South West (Dr Arthur).
Dr Arthur
I thank the Minister for giving way, but I note that he took my intervention second rather than first—I am not offended!
On the position in Scotland, it is worthing remembering that Scotland’s Deputy First Minister said at the SNP party conference at the weekend that the Scottish Government want to scrap the EPL—sorry, I meant they want to replace it with something else. But, of course, she did not say what that something else was; it is slightly cowardly not to define that detail.
The Minister was talking about the strength of the renewables sector in the UK and how it is growing under this Government, and we all appreciate and welcome that, but that sector also needs continuity and a stable framework to work within. Does he therefore share my concern about the Opposition taking the decision to ditch the Climate Change Act, which has really unsettled the whole industry?
Dan Tomlinson
I believe the hon. Member for Moray West, Nairn and Strathspey (Graham Leadbitter) was slightly quicker in standing up than my hon. Friend.
I do understand my hon. Friend’s points. It is very important not to be cowardly in politics, which is why I will make sure that we come forward as fast as we can to set out the approach after the EPL is set to end. This Government, under the leadership of a whole range of Cabinet Ministers, is making sure that we can provide that long-term certainty, not chopping and changing when it comes to our policies on net zero.
The hon. Member for Gordon and Buchan mentioned energy security, which links to the challenge we have with energy bills. It is worth recognising the truth that, even if we extracted every single drop of oil and gas in the North sea, that would not make any material difference to people’s energy bills or the prices that people pay at the pump. Oil and gas are traded on international markets, and given the declining basin on the UK continental shelf, domestically produced oil and gas do not do anything to reduce prices. In fact, it is our reliance on oil and gas that leaves British consumers exposed to unstable fossil fuel markets.
In closing, this Government are determined to provide a balance—