Public Finances: Borrowing Costs Debate

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Department: HM Treasury

Public Finances: Borrowing Costs

Louise Jones Excerpts
Thursday 9th January 2025

(1 day, 14 hours ago)

Commons Chamber
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Darren Jones Portrait Darren Jones
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I am sorry to disappoint the right hon. Member, but I will answer the question none the less. She asked me whether I stand by the Chancellor’s statements, and the answer is yes.

Louise Jones Portrait Louise Jones (North East Derbyshire) (Lab)
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I want us to get serious for a minute here. [Interruption.] Many of my constituents in North East Derbyshire, who will have just heard the guffawing from the Opposition, have been really struggling with the cost of living crisis. They voted the Government in, and we are committed to restoring the foundations of our economy. Will the Minister assure me that we are doing everything we can to deliver on that promise?

Darren Jones Portrait Darren Jones
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It is absolutely right that the Labour Government are bringing fiscal and economic stability back to this country, because we know that when you play fast and loose with the nation’s finances, you play fast and loose with family finances. That is what voters in every constituency experienced when the Conservatives were last in government. They will not experience that under this Labour Government.