Luke Charters
Main Page: Luke Charters (Labour - York Outer)Department Debates - View all Luke Charters's debates with the HM Treasury
(3 days, 16 hours ago)
Commons ChamberMy hon. Friend will know, from speaking to his constituents during his campaign to be elected and since, that people’s experience of public services across the country shows the fact of the matter: after 14 years of failure from the Conservatives, our public services are on their knees. That is why they need a Government who will bring stability back to our economy, invest in public services and improve outcomes for people who rely on them and work in them.
Following the disastrous mini-Budget, the Bank of England was forced to undertake emergency liquidity operations to reduce volatility in markets. Does my right hon. Friend agree that the investment summit’s record £63 billion shows that this Government are creating stable conditions for long-term investment, after years of political chaos from the Conservative party?
I thank my hon. Friend for his excellent question, and I agree that £63 billion invested in this country was a sign of confidence, because investors around the world know that Britain is back after years of chaos.