Finance (No. 2) Bill Debate

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Department: HM Treasury
Tuesday 16th December 2025

(1 day, 8 hours ago)

Commons Chamber
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John Grady Portrait John Grady
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It is about choices—choices to invest in the health service so that people can return to work and contribute to the economy. There is nothing more heartbreaking than being a constituency MP and listening to people who have been waiting for over two years for a hip operation and cannot work. It is about choices to invest in infrastructure and in new nuclear power stations. These are the choices that the Government are making, and I am proud of them.

Joshua Reynolds Portrait Mr Joshua Reynolds (Maidenhead) (LD)
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The hon. Gentleman is right to say that this is about choices, but will he accept one of the choices that the Chancellor has made? Even though hospitality employs less than 7% of people in the UK, since she has come into office, the number of jobs lost in that sector is almost 100,000—50% of total job losses? The Chancellor has made a choice in the Budget, and that choice is to lose swathes of jobs throughout hospitality, including making many young people—whose first jobs are often in the hospitality industry—unemployable.

John Grady Portrait John Grady
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I have worked in hospitality. I am not sure I was particularly successful at it, but there is a macro point here—an important point not to lose sight of. We hear from Opposition Members objection after objection to the Chancellor’s decisions, but no credible alternatives.