Monday 9th June 2025

(3 days, 16 hours ago)

Commons Chamber
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Torsten Bell Portrait Torsten Bell
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My short, sharp answer is that wages have grown in the first 10 months of this Government faster than in the first 10 years of the last Conservative Government. Interest rates have been cut four times. My hon. Friend is right to say that progress is being made, and that needs to continue. We need to ensure that more people feel the benefits of that growth in their pockets. The changes we are making to winter fuel payments today are one of those benefits. I can confirm that there will be a block grant adjustment exactly as she sets out.

Esther McVey Portrait Esther McVey (Tatton) (Con)
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I appreciate that this has been a humiliation for the Chancellor and that her credibility is in tatters—no wonder she is not here today to announce her own U-turn—but now that she and the Government have got a taste for climbdowns, may I urge them through the Minister, who unfortunately drew the short straw today, to reverse the equally ridiculous national insurance contribution rises, which are destroying jobs, and the inheritance tax changes, which are destroying farms and family businesses?

Torsten Bell Portrait Torsten Bell
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It is usual for a Minister to thank the Member for their question, but I actually mean it in this case, because the right hon. Lady has completely proved my point that the Conservatives have learned no lessons whatever. They think they can come to this Chamber and call for more spending and oppose every tax rise—and they expect to be taken seriously ever again? They will not be.