Public Spending: Inheritance Debate

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Department: HM Treasury
Monday 29th July 2024

(3 months, 2 weeks ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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There is nothing pro-growth about making unfunded spending commitments. There is nothing pro-growth about a lack of respect for taxpayers’ money. We will continue to provide the winter fuel payment for the poorest pensioners, those in receipt of pension credit.

Gregor Poynton Portrait Gregor Poynton (Livingston) (Lab)
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I thank the Chancellor for her statement today and for being straight with the public about the state of our finances—I know my constituents want a Government who tell it to them straight. Does she agree that ducking tough decisions and hiding bad news, as the Conservative party has done, just makes a bad situation even worse?

Rachel Reeves Portrait Rachel Reeves
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The previous Government and the previous Chancellor should hang their heads in shame for the inheritance they have left for this Government to fix, but I will fix this mess: I will put our public finances and our public spending on a firmer footing. That is the responsible thing to do, and that is what I will do.