Fiscal Rules

Neil O'Brien Excerpts

Monday 28th October 2024 Commons Chamber

[Darren Jones]

I will avoid the suggestion that we might go back to putting things on stone tablets if I may, but I will accept the invitation in my hon. Friend’s question, and say that after 14 years, we have seen the failure of the approach taken by the last Government. I noted in my statement that public sector investment would now have been at its lowest in 10 years, under the plans of the now Opposition. That has been a failure for the economy and for the British people, and this Government will rectify it.

[Neil O'Brien (Harborough, Oadby and Wigston) (Con)]

Before the election, the Chancellor said that she would not change the measure of debt in order to borrow more, but now she is talking about doing exactly that. Before the election, she said that she would not increase national insurance, but now she is talking about doing exactly that. Before the election, Labour steered people away from the idea that the Government would cut the winter fuel payment, but they have already done exactly that. They said, before the election, that they would not increase taxes on working people, but now they are planning to do exactly that. Does the Minister understand why so many of my constituents feel that they were misled?

[Darren Jones]

The hon. Member’s constituents will note at the Budget on Wednesday that this party honours its promises—the promises, set out in its manifesto, to protect working people. He might want to reflect on the way that his party failed his constituents at the last election before trying to lecture this Government.