Finance Bill Debate

Full Debate: Read Full Debate
Department: HM Treasury

Finance Bill

James Cartlidge Excerpts
Tuesday 12th September 2017

(6 years, 7 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Peter Dowd Portrait Peter Dowd
- Hansard - - - Excerpts

I am afraid the hon. Gentleman’s memory is wrong about that, as are the memories of some Ministers, and I will come on to discuss that in a moment. This Finance Bill does little, if anything, to address the legitimate concerns raised in the IPPR report. On being provided with his speech last week, I suspect even the Financial Secretary asked—if only himself—whether he really had to present more worn out, tired platitudes that pass for Tory economic policy. He drew the short straw—a very short straw; in fact, he was the only one in the ballot. He was both the warm-up act and the main act. The Chief Secretary graced us with her presence for a short time and then went off with the Chancellor, calculator in hand, to work out how they will pay for all their U-turns.

James Cartlidge Portrait James Cartlidge (South Suffolk) (Con)
- Hansard - -

On U-turns and our national debt, will the hon. Gentleman clarify whether it is still Labour policy to spend £100 billion clearing all outstanding student debt?

Peter Dowd Portrait Peter Dowd
- Hansard - - - Excerpts

I do not mind Government Members making up their policies on the hoof, but they should have respect and not make ours up on the hoof.

As I was saying, when the Chancellor and the Chief Secretary waltzed off, they left the Financial Secretary to do the business, and he did a very good job last week. He managed to keep a straight face throughout his adumbration of how remarkably well the economy is doing, but amnesia had taken hold.