Oral Answers to Questions

Emily Darlington Excerpts

Tuesday 21st January 2025 Commons Chamber

[Rachel Reeves]

Labour and Liberal Democrat Members are mindful of the last Government’s impact on mortgage borrowing costs for many of our constituents, and we are determined to tackle the cost of living crisis. As the hon. Member knows, I have written to financial regulators, including the Financial Conduct Authority, about regulating for growth, not just for risk, so that we can help more people get on the housing ladder and help grow our economy.

[Emily Darlington (Milton Keynes Central) (Lab)]

2. What the fiscal circumstances are that would allow official development assistance to return to 0.7% of gross national income.

[The Chief Secretary to the Treasury (Darren Jones)]

The Government remain committed to restoring ODA spending to 0.7% of GNI as soon as fiscal circumstances allow. The latest OBR forecasts show that the ODA fiscal tests are not due to be met within this Parliament, but we will continue to monitor future forecasts closely and each year we will review and confirm, in accordance with the International Development (Official Development Assistance Target) Act 2015, whether a return to spending at 0.7% of GNI on ODA is possible.

[Emily Darlington]

I thank the Minister for protecting the level of ODA given the fiscal situation we inherited, but there are more wars going on in the world than at any time since world war two. Will he review the fiscal formula, which he and the Chancellor rightly voted against when put forward by the previous Government, put the ODA budget on a long-term settlement, and meet me to discuss how we can improve UK safety through the ODA budget?

[Darren Jones]

I thank my hon. Friend for her question on a topic that I know she has great expertise in. She will know that it is important that spending across Departments, whether on military, humanitarian or economic support, is aligned with our ODA spending. The multi-year spending review is under way, and we will confirm budgets in June for the years ahead. As I have confirmed, we will come back to the House every year to review and confirm the fiscal tests as they relate to 0.7% of GNI on ODA.

Fiscal Rules

Emily Darlington Excerpts

Monday 28th October 2024 Commons Chamber

[Darren Jones]

I point my hon. Friend to our very successful international investment summit only a couple of weeks ago, when it was very clear from investors that bringing stability back to our politics and our economy has been long wanted. That is why we were able to commit to £63 billion of investment in the country at the summit, followed by another £10 billion of investment announced only a few days after. We intend to raise much more to invest in this country and to bring growth back to the economy.

[Emily Darlington (Milton Keynes Central) (Lab)]

Constituents in Milton Keynes voted for change because they see the consequences of the Conservative economic policy. They are suffering from the cost of living crisis and have seen this in their crumbling schools, the lack of GP appointments and the use of food banks just to make ends meet. Will the Chief Secretary reassure me and my constituents that we will end the Conservative use of payday loans just to keep the lights on and instead invest in new schools, new hospitals and new infrastructure, alongside making work pay, so that my constituents see their lives improve?

[Darren Jones]

With my hon. Friend’s reference to payday loans, she points to the behaviour of the previous Government. As I have told the House this afternoon, this Government, with their first fiscal rule, will take us to a place where we are not borrowing to pay the bills each month, as had happened for years under the Conservatives. Anyone managing their family finances at home knows that that is the right thing to do, and they will welcome the fact that this Government are bringing that sense of discipline back to the national economy, too.

Oral Answers to Questions

Emily Darlington Excerpts

Tuesday 3rd September 2024 Commons Chamber

[Rachel Reeves]

The increases in the basic state pension mean those constituents are £900 better off than they were a year ago, and of course energy bills are lower this year than they were last year. But it is important that we ensure that the 800,000 people who missed out on pension credit under the previous Conservative Government now get access to that support, because they are the poorest pensioners and at the moment they are living in poverty because the previous Government failed to sign them up to pension credit.

[Emily Darlington (Milton Keynes Central) (Lab)]

As Departments are preparing their spending review submissions, will the Chancellor and her team consider allowing the international development budget to be on the same footing as the research and development budget, and looked at over 10 years, so that we can get back to the 0.7% figure? Will she be willing to meet me and a delegation to discuss the benefits of that approach to such an important budget?

[Darren Jones]

The Government’s spending review is currently under way. All decisions on official development assistance spending will be taken in the round as part of that process. I would be delighted to meet my hon. Friend and her colleagues to discuss this issue.