2 Mark Ferguson debates involving HM Treasury

Winter Fuel Payment

Mark Ferguson Excerpts
Tuesday 10th September 2024

(3 days, 5 hours ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Laurence Turner Portrait Laurence Turner
- Hansard - - - Excerpts

In my constituency, there are approximately 2,600 pensioner households that do not receive pension credit—that is one of the legacies of the previous Government—but are entitled to it.

The Conservatives suggest that they would have rejected the pay review body recommendations, forgetting that one of the first acts of the Margaret Thatcher Government in 1979 was to accept the recommendations of the Clegg commission on pay comparability. If only the Conservative party had more courage today.

The winter fuel allowance exists because of a Labour Government: a Government who increased the value of those payments fivefold in 13 years, compared with an increase of zero under 14 years of the previous Government—a real-terms cut of 33%.

Mark Ferguson Portrait Mark Ferguson (Gateshead Central and Whickham) (Lab)
- Hansard - -

It is fascinating to hear the recent converts to the fight against poverty on the Opposition Benches, particularly the right hon. Member for North West Durham—sorry, Basildon and Billericay (Mr Holden)—yet they seem far quieter about the fact that the average food shop went up by £1,000 in the last Parliament, the average energy bill went up £400—[Interruption.] Listen and you might learn something. The average mortgage went up £2,880 because of your lot. [Interruption.] Apologies, Madam Deputy Speaker.

Luke Evans Portrait Dr Luke Evans (Hinckley and Bosworth) (Con)
- Hansard - - - Excerpts

On a point of order, Madam Deputy Speaker. I seek your guidance. I was under the impression that in the Chamber we should refer to Members, Friends or even the constituency. Is that correct?

Public Spending: Inheritance

Mark Ferguson Excerpts
Monday 29th July 2024

(1 month, 2 weeks ago)

Commons Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Rachel Reeves Portrait Rachel Reeves
- View Speech - Hansard - - - Excerpts

The hon. Gentleman should blame the previous Government for not funding the commitments that they made. My right hon. Friend the Secretary of State for Health and Social Care will meet all the people affected, including those affected by hospitals with RAAC problems, as soon as possible. As a Leeds MP, I recognise the importance of new hospitals and ensuring that our hospital estate is fit for purpose, but we cannot spend money that we do not have.

Mark Ferguson Portrait Mark Ferguson (Gateshead Central and Whickham) (Lab)
- View Speech - Hansard - -

The shadow Chancellor said the books were open and that the Office for Budget Responsibility had audited the Government’s figures shortly before the election. However, the chair of the OBR has today published a letter confirming he intends to launch a review into the preparation of the March forecasts, stating:

“We were made aware of the extent of these pressures at a meeting with the Treasury last week.”

I am only new here; perhaps the Chancellor can inform me how to get the shadow Chancellor to correct the record?

Rachel Reeves Portrait Rachel Reeves
- View Speech - Hansard - - - Excerpts

The OBR has just published a letter, as my hon. Friend said, which states:

“We were made aware of the extent of these pressures at a meeting with the Treasury last week”,

and goes on to state:

“If a significant fraction of these pressures is ultimately accommodated through higher DEL spending in 2024-25, this would constitute one of the largest year-ahead overspends against DEL forecasts outside of the pandemic years.”

This is incredibly serious. That is why I came to this House today to set out that £22 billion overspend compared with what the Government set out at the previous Budget. This letter from the chair of the Office for Budget Responsibility can leave no one in this Chamber in any doubt about the seriousness of the situation.