Economic Growth Debate

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Department: HM Treasury

Economic Growth

Feryal Clark Excerpts
Tuesday 14th November 2023

(6 months ago)

Commons Chamber
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Feryal Clark Portrait Feryal Clark (Enfield North) (Lab)
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I am grateful for the opportunity to speak in this King’s Speech debate. After 13 years in power, five Prime Ministers, seven Chancellors, an economic crash and a Brexit without a plan, last week we were presented with a wafer-thin programme that honestly could be done by Christmas. Many of the Bills carried over are watered down and weakened versions of their original selves. One example is the Renters (Reform) Bill. We had to wait four years to debate the Bill. There were five months between First and Second Reading, yet the Bill goes nowhere near far enough to protect renters properly, particularly from no-fault evictions.

Court proceedings for no-fault evictions are at a seven-year high. My borough of Enfield has been hit particularly hard by this eviction crisis, having the highest number of section 21 evictions in the whole of London. It leads to a massive increase in homelessness, increased use of temporary accommodation such as hotels, a huge financial burden on local authorities as they try to grapple with the cost of that accommodation, and increased fear and anxiety for families across the country. I fear that the Government know all too well the impact that these evictions are having on people, but they either do not care or cannot stand up to their party.

Last week, we had the former Home Secretary, the right hon. and learned Member for Fareham (Suella Braverman), declaring war on the use of tents on the streets, disgracefully stating that homelessness is “a lifestyle choice”. According to the charity Crisis, the loss of private tenancy is the leading cause of homelessness. In Enfield, the risk of homelessness increased by 38% because of section 21 notices last year. This Government have chosen to delay banning section 21 evictions for four years. These are not lifestyle choices—they are hard evidence of Tory failure.

These evictions are not only deeply distressing to renters, causing grief and hardship, but costly to the public purse. In fact, Enfield Council faces spending an additional £20 million on temporary accommodation this year alone—that is £20 million that the local authority can no longer spend on public services, despite the dire need for investment and reform. That is funding it can no longer spend on housing or on stuff like social care—the list goes on. Rents in the UK were recently reported to be the highest on record. Far too few homes are being built, mortgage rates are spiralling out of control, and families in my constituency of Enfield North are paying an extra £350 on their mortgages every month, all thanks to 13 years of economic mismanagement and the Tory party’s mortgage bombshell.

Things like working hard, buying a home and raising a family are difficult enough as it is. People expect the Government to keep the economy stable so that their family’s future is secure, but meeting monthly payments is now forcing tough choices, from having to cut back on the weekly shop to abandoning family holidays. A food bank in my constituency recently told me that demand this year is out of control. All those problems demand the very best from the Government, but sadly they have no plan to fix them.

Our economy, like our country, is crying out for change. We need a Government who are on the side of working people and who have ambition, energy and ideas, but this is a tired Government who have lost their goal to govern. The Prime Minister and his Government have failed my constituents and the country. The only way to deliver the change he talks about and which the country needs is to call a general election.