Replacement of the Chancellor of the Exchequer

Ed Davey Excerpts

Monday 17th October 2022 Commons Chamber

[Penny Mordaunt]

I thank my hon. Friend for his remarks. I hope that we will soon be able to hear from the Chancellor on these important matters and concerns for Members of the House and their constituents.

[Ed Davey (Kingston and Surbiton) (LD)]

The previous Prime Minister shattered the public’s trust in the Government. The current Prime Minister has trashed the British economy. Meanwhile, Conservative MPs have sat there and let it happen. For the damage and pain that they have caused across our country, will the Leader of the House, on behalf of her whole party, address the people and businesses of our great country and apologise?

[Penny Mordaunt]

I thank the right hon. Gentleman for his question. We have made this change for a reason. I understand that people want certainty and reassurance about their bills, their businesses and their benefits. I am sorry that the events leading to the changes today have added to the concerns about the major volatility that already existed in the economy. That is why we are putting it right today, and that is what the Chancellor will speak about in his announcement shortly.