(4 weeks, 1 day ago)
Commons ChamberMy hon. Friend is right to highlight that issue, which is so important to many people across the UK but especially in the north of England, and in Liverpool in particular. But it is not just that. It is the way Labour rushed during the campaign to stand shoulder to shoulder with WASPI women before abandoning them when they got into office. It is about the family farm tax, which the Labour party expressly said before the election that it would not introduce but then got in and did exactly that. That was a gross betrayal of our agricultural industry and our rural communities.
The change to employer national insurance was self-evidently anti-industry, self-evidently inflationary and self-evidently a tax on jobs. It was going to have one potential outcome. The £25 billion that the Government said that it would bring in was complete fantasy; by the time they had compensated for the public sector, it was down to single figures of billions, and even that did not take into account the drag on the economy and the lower fiscal receipts as a result of that disastrous, self-defeating policy.
Noah Law (St Austell and Newquay) (Lab)
What would be the hon. Gentleman’s answer to filling that massive fiscal black hole that we were left with?
What the hon. Gentleman needs to understand is that countries grow their way out of these issues. Growth comes from economic investment in equipment and people, raising productivity and lowering economic inactivity and all those things that have risen under Labour, because Labour does not understand economics—never has, never will.
Before I move on, I want to focus on the real impact on real people. Unemployment is now at its highest level in five years. Unemployment across the UK is at 5.2%; thankfully, through the economic efforts of our SNP Scottish Government, it is at 4.1% in Scotland, although that is still far too high for our communities. Youth unemployment in the UK is at 15%. That is a catastrophe. The way young people enter the world of work dictates their relationship with employment for the rest of their lives, and that is catastrophically damaging for young people up and down these islands.
Youth unemployment is particularly acute in hospitality. Hospitality is a gateway industry for employment, but the Government are taxing it out of existence. People with a pub, a hotel or a restaurant now feel like unpaid tax collectors for this Labour Government.