Mohammad Yasin
Main Page: Mohammad Yasin (Labour - Bedford)Department Debates - View all Mohammad Yasin's debates with the HM Treasury
(1 year, 7 months ago)
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Chris Philp
The Government are keen to help everyone, including the hon. Lady’s constituent, to get on to the housing ladder: that is something we strongly support. I have already explained about the global interest rate increase cycle that countries around the world are experiencing, but we are doing everything we can to help, and I believe that the Secretary of State for Levelling Up, Housing and Communities will be laying out some plans relating to house building in the coming weeks. We have already reduced stamp duty for first-time buyers—stamp duty is a particularly challenging element of buying a first home, because it cannot be funded by a mortgage—and the Government will continue to do everything they can to support people who are trying to get on to the housing ladder.
Mohammad Yasin (Bedford) (Lab)
This is the question that my constituents want me to ask the Government: why is the Chancellor experimenting with their lives, putting their homes and pensions at risk, to test out his fancy economics? The Chancellor and the Prime Minister have no mandate to take the gamble that they are taking, so will the Chief Secretary urge his colleagues to ditch their disastrous Budget and put their new plans to the people in a general election?
Chris Philp
If the hon. Gentleman thinks it was all so disastrous, perhaps he could explain why he voted for it last night. The real gamble is having taxes that are too high. The real gamble is not having a plan for growth. This Government have a plan for growth; the Labour party has no plan.