Budget Resolutions

Debate between Jeremy Hunt and Yuan Yang

Wednesday 26th November 2025 Commons Chamber

[Sir Jeremy Hunt]

Labour Members might find that hard to hear from a former Conservative Deputy Prime Minister, but they might want to listen to the Resolution Foundation, which has been saying exactly the same thing on the airwaves today. No one disputes the progressive credentials of the Resolution Foundation. It has been warning against this rise in the minimum wage and all the extra workers’ rights, which it says could lead to a crisis in youth unemployment.

[Yuan Yang (Earley and Woodley) (Lab)]

rose—

[Sir Jeremy Hunt]

I do not want to leave the hon. Lady out, but I promise that this will be my last intervention.

[Yuan Yang]

I thank the right hon. Gentleman for giving way. Does he find it fiscally responsible that with his two Budgets, he left us with the lowest amount of fiscal headroom since the OBR was created at £8.9 billion in 2024? Is he proud of that? That left the current Chancellor and this Labour Government a mountain to climb to get us back to £22 billion of solid headroom.