Taxes

Debate between Joy Morrissey and Joe Powell

Tuesday 15th July 2025 Commons Chamber

[Joe Powell]

I thank the right hon. Gentleman for that intervention, because it is important to talk about debt. I was disappointed that the shadow Chancellor failed to acknowledge that the inheritance in 2024 was total national debt of close to 100% of GDP, which was up from 60% in 2010. The annual debt payments that the Government are having to make—as others have said, they are close to £100 billion, thanks to the Government’s economic inheritance—are 8.3% of total public spending. Imagine what we could do if we spent that money on the NHS, our schools, or fixing the housing crisis.

This goes much deeper than debt. The truth is that we inherited a sick economy, affecting living standards, wages and public services, and there was no plan for growth. The Conservatives left Britain with rising debt and flatlining growth, yet they oppose the very measures that the Government have taken to fix their mess.

[Joy Morrissey]

Just to correct the record, on the economy, we had the highest and fastest growth in the G7 when we lost the election. We handed the Government that highest growth. I know it is hard for Back-Bench Labour MPs to grapple with that, but it is a fact none the less.

[Joe Powell]

I thank the hon. Member for that intervention. Of course, the Conservatives tanked the economy, and when there is such a dramatic decline in growth, increasing it from a very low level to a slightly higher one is relatively straightforward. The economic growth figures for the first quarter of this year, as we know, are the highest in the G7.

The Government are trying to fix the mess, including through measures worth over £20 billion a year—measures aimed at repairing our public finances by addressing the black hole and investing in public services that were wrecked by austerity, poor management and wishful thinking. The Conservatives have a nerve to pretend that they would do things differently now. My constituents tell me the same. Indeed, a local resident, George, has been vociferous about the lack of a credible economic plan from the Conservative party, and will not stop sharing his views on the airwaves. Yes, even the former Chancellor of the Exchequer thinks that the Conservatives have no answers to the fiscal challenges that the country faces. There is plenty that George Osborne and I disagree on, but he is absolutely right on that.

At every turn, the Conservative party is backing the blockers and preventing a plan for economic growth, whether it is the Leader of the Opposition blocking new energy infrastructure in her own backyard or the shadow Business Secretary, the hon. Member for Arundel and South Downs (Andrew Griffith), signing letters to delay vital transport infrastructure. It is no wonder that our economy has been held back for so long.

The other parties, too, have nothing to offer. Reform wants Liz Truss’s reckless economics all over again—the same failed experiment of unfunded tax cuts that crashed our economy and left our constituents paying the price. Meanwhile, the Liberal Democrats promise all the benefits of tough decisions with no way to pay for them. It is pure fantasy economics. I am glad that the Government have committed to not repeating those mistakes. It will fall on the Labour party to fix this mess, rebuild our economy and deliver the secure growth that Britain needs.

Nowhere is the cost of failure clearer than in the broken housing system. London boroughs now spend £4 million every single day on temporary accommodation —a massive waste of taxpayers’ money. The Conservatives also locked us into paying billions for over-inflated asylum hotel contracts. That is another egregious waste of taxpayer money that we inherited from them. That is the direct result of not planning for investment or for the long term; it is the price of short-termism and a failure to plan for the future.

Let us look at housing—one part of our plan. We have ambitious planning reforms to deliver the greatest impact on growth at no fiscal cost. We have the biggest investment in social and genuinely affordable homes in a generation. We have leasehold reform, protection for renters and a new decent homes standard, which are all opposed by the Conservative party.

This Government are making tough choices to raise revenue. The Conservatives talk about businesses; I meet businesses all the time, and I understand the pressures that they are under. They tell me that it is vital that NHS waiting lists fall, so that their employees can access the treatment that they need; that we have modern infrastructure in Britain, including transport and energy; that their staff can afford housing options; and that we agree an EU youth mobility scheme to support our hospitality industry.

Planning and Infrastructure Bill

Debate between Joy Morrissey and Joe Powell

2nd reading
Monday 24th March 2025 Commons Chamber

[Joe Powell (Kensington and Bayswater) (Lab)]

Nothing symbolises the drift and decline of the past 14 years more than the appalling state of planning and infrastructure in Britain: a housing crisis that has forced children to live in overcrowded and unsafe homes; an energy crisis that has left us dangerously exposed to shocks in the global energy market; and a litany of infrastructure failures. It is not just the reservoirs or the £120 million spent on the Tory bat tunnel for HS2, but the promised 40 new hospitals by 2030—a claim now exposed as fiction with funds not allocated, many schemes not new hospitals, and a tiny fraction due to complete on time. I can see in my constituency the direct impact that that failure, especially on housing, has on my residents. I admire the commitment of the shadow Minister, who has just left his place, to the spreadsheet that he has been quoting from throughout the debate. He seems to have missed the line in the spreadsheet that states the number of times the previous Government hit their housing target—precisely zero.

There are nearly 3,000 people on the waiting list for social housing in the Borough of Kensington and Chelsea, and more than 2,000 in temporary accommodation. Behind those numbers are stories of daily struggle, like Sansha and her five children who live next to Grenfell Tower. Her son is in a wheelchair and awaiting open-heart surgery for his life-limiting condition. They live on the top floor, and the lift frequently breaks. There is no heating, no reliable hot water and just one working bathroom. They have been waiting more than three years for a move to a suitable property.

Then there is Lacey, whose six-year-old daughter has autism—and has tried to jump out of a window twice. Despite repeated safeguarding warnings, the family remains in overcrowded and unsafe housing. Then there is another resident I met recently who spent more than 15 years out of the borough with her children before moving back. There are more than 164,000 children living in temporary accommodation in England, the highest number on record. Instead of tackling the root causes, as the Bill seeks to do, we poured money into managing the problem.

[Joy Morrissey]

The hon. Gentleman makes an excellent point about temporary accommodation and the lack of housing availability. But why have the housing targets for London, which has some of the highest levels of unmet social housing accommodation need, not been raised to deal with overcrowding?

[Joe Powell]

I thank the hon. Lady for that point. The housing target for London is 88,000. She will know well that the previous target was never remotely close to being hit under the previous Government. With targets not being hit, we are interested in net new dwellings: affordable and social housing for the people I am most concerned about in my constituency. That is what the Bill will help to achieve.

I am delighted that we finally have a Government who have the ambition to tackle the problem. On energy, I am pleased that the Bill will deliver faster and more certain planning consent for critical infrastructure, including upgrading our electricity networks and maximising new clean energy sources. The Bill will move us on decisively from the era of the onshore wind ban, plummeting investment, and reliance on Putin and his fossil fuel oligarchs. If we are serious about speeding up delivery, however, we must address the capacity crisis in planning departments, so it is welcome that the Government have committed to 300 new planners. What assessment has been made of the total need for planners across the country to get to the level of approvals we need to meet our housing targets? Can the planning fee reform in the Bill support that recruitment through full cost recovery? We know that planning reform must be matched by the people and resources needed to make it work.