Business of the House

Ian Lavery Excerpts

Thursday 5th September 2024 Commons Chamber

[Lucy Powell]

What the hon. Member describes is that in recent years we have seen some actions that go way beyond acceptable protest and that are highly disruptive to local people, to those trying to get hospital, to those in need and to our wider economy. On the technical legal matter that she raises, she might want to know that Justice questions will be next week, and I am sure that the Secretary of State for Justice will be happy to answer her question.

[Ian Lavery (Blyth and Ashington) (Lab)]

Today, it is two years since the right hon. Liz Truss became the leader of the Conservative party. She became the Prime Minister the following day. What happened over the following 49 days crashed—destroyed—the economy and created misery for many millions of families and businesses in the UK. Can we have a debate in Government time to scrutinise those chaotic, disastrous decisions that caused so much misery to people in our communities, so that no Government in the future will ever make the same mistakes?

[Lucy Powell]

I could not have put it better. I am sure that many others will want to make such points as the anniversary comes about in the coming couple of weeks, because it is really important that we learn the lessons from that disaster and do not allow history to repeat itself. What happens when the Government of the day make a huge amount of unfunded spending and tax-cutting commitments with no idea of where the money will come from, and ignore the advice of Treasury and other experts, completely flying in the face of our much-valued financial institutions? As my hon. Friend recalled, we see soaring rates of Government borrowing costs and interest rates having to be raised very quickly. It is mortgage payers, ordinary families and those on fixed incomes who pay the heaviest price when the Government of the day make such a reckless choice with the economy.