Public Spending: Inheritance Debate

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Department: HM Treasury
Monday 29th July 2024

(4 months, 3 weeks ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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The hon. Gentleman is absolutely right. The spending review will focus on both integration and prevention, because we know that that saves taxpayers’ money and delivers better outcomes for people.

Matt Turmaine Portrait Matt Turmaine (Watford) (Lab)
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I congratulate you on your election, Madam Deputy Speaker. I thank the Chancellor for her candour in her statement to the House. My constituents will be bitterly disappointed by the consequences of the announcement made, in particular in relation to the rebuild of Watford hospital. It was promised under the last Labour Government and scrapped by the Conservative-Liberal Democrat coalition, and then promised again and again in the run-up to the general election, when the Conservative party said that the money was definitely there. Can the Chancellor tell me: where was the money?

Rachel Reeves Portrait Rachel Reeves
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We have heard today that hon. and right hon. Members across the House campaigned in good faith on projects that they thought the money was there for. The money simply was not there. We cannot go on like that, which is why I have been open, transparent and honest about the state of our public finances and the £22 billion black hole left by the previous Government. The Secretary of State for Health and Social Care, my right hon. Friend the Member for Ilford North will meet my hon. Friend the Member for Watford (Matt Turmaine) and all MPs who are affected by the problems left by the previous Government.