Public Finances: Borrowing Costs Debate

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Department: HM Treasury

Public Finances: Borrowing Costs

Joshua Reynolds Excerpts
Thursday 9th January 2025

(1 day, 17 hours ago)

Commons Chamber
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Darren Jones Portrait Darren Jones
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My hon. Friend is right. May I offer some probably unwelcome advice to Opposition Members? The sooner they stop groaning and stop laughing about their performance when they were last in government, and the sooner they apologise for it, the sooner the British people might start listening to them again.

Joshua Reynolds Portrait Mr Joshua Reynolds (Maidenhead) (LD)
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Public services are at breaking point after the previous Government’s mishandling of the economy and budgets locally. However, does the Minister recognise that scaling back investment in vital public services risks even more devastating consequences for our local communities?

Darren Jones Portrait Darren Jones
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At the autumn Budget, the Chancellor invested in frontline public services, because we recognise that people rely on them, but also because functioning public services are an important route to growth in the economy. If people are sick and cannot get to work, they need to be able to see a doctor in a timely fashion, so that they can get back to work. That is the priority of this Government, as well as investing in modernising our public services, so that they are fit for the future.