Harriett Baldwin
Main Page: Harriett Baldwin (Conservative - West Worcestershire)Department Debates - View all Harriett Baldwin's debates with the Leader of the House
(3 weeks, 5 days ago)
Commons ChamberCould the Leader of the House make a commitment that the new Chancellor of the Exchequer will come to the House on the first day we are back from recess? The current Chancellor has raised taxes on payrolls, and we have fewer payroll jobs; she has raised taxes on businesses, and businesses have closed; and she has raised taxes on non-doms, and millionaires have fled the country. The reality in the world outside is that, with a new Chancellor, we are going to have a whole summer of speculation about other tax rises in the run-up to the Budget. During that period, hiring and investment decisions are going to be put on hold, so I think the Leader of the House can see how important it is that we hear from the new Chancellor at the earliest opportunity.
The hon. Lady is assuming that there will be a new Chancellor. As of today, the Chancellor has delivered the highest growth in the G7; I see that the most recent numbers confirm that is happening. We have faced a very challenging situation—one that we inherited and that was made worse by aspects of the international situation—yet inflation has fallen. We have also seen interest rates fall after the dramatic rise following the Truss Budget. I therefore do not agree with the hon. Lady’s analysis. However, she raises an important point. We are looking at a new Administration—the continuation of a Labour Government, but a new Administration—and I would expect that any Secretary of State and the Prime Minister would want to come to this House to set out their view of what will happen going forward.