Oral Answers to Questions Debate

Full Debate: Read Full Debate
Department: HM Treasury

Oral Answers to Questions

Gareth Davies Excerpts
Tuesday 4th November 2025

(1 day, 11 hours ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Lindsay Hoyle Portrait Mr Speaker
- Hansard - - - Excerpts

I call the shadow Minister.

Gareth Davies Portrait Gareth Davies (Grantham and Bourne) (Con)
- Hansard - -

Mobilising more investment from the UK pension fund market is critical to driving regional economic growth. The Chancellor says that she is a builder, not a blocker, but her proposed builders tax threatens to drastically increase the cost of building anything from homes and roads to nuclear power stations. This will make investing in UK infrastructure increasingly unviable. To avoid even more investment-killing uncertainty, will the Minister agree to scrap Labour’s proposed landfill tax reforms and let Britain get back to building?

Torsten Bell Portrait Torsten Bell
- Hansard - - - Excerpts

I can reassure the hon. Member that we are scrapping the attitude of the Conservative party, which blocked any building from happening anywhere in this country year after year. Houses were blocked. Railways were blocked. Anything that involved any difficult choices was blocked by a party that gave up governing long before the general election.