Business of the House

Paul Flynn Excerpts

Thursday 20th July 2017 Commons Chamber

[Andrea Leadsom]

We on the Government Benches have been absolutely focused on ensuring that we get our economy back on track and that we start again to live within our means. Let us be absolutely clear about this: when we came into office in 2010, we had the highest ever peacetime deficit of £150 billion a year more being spent than we take in in tax revenues. Under this Government, Her Majesty’s Revenue and Customs has massively improved its ability to take in tax revenues from avoidance measures, and from companies and individuals failing to pay. Significant billions of pounds of taxes have been gathered. What we have sought to do is to make the UK highly competitive so that companies come here to start businesses and people in this country start businesses. This has been a remarkable success story. Our deficit each year is now down by three quarters as a percentage of GDP. Not only that, but we have the highest employment figures ever and the lowest unemployment since the 1970s. Youth unemployment is down, and people are doing considerably better than they were in 2010. There is a lot more to do, but we are determined not to leave the next generation with the problems of this generation.

[Paul Flynn (Newport West) (Lab)]

The Government have shaken the magic money tree bare to buy their majority. Is that not the reason why, at midnight on the last day of Parliament, they had to sneak out a statement on the cancellation of a long-established promise to the people of south Wales and then deny the House a proper debate on the subject? That is a disgraceful way to behave. When can we debate the other promises they made during the election, including the one to scrap the Severn Bridge’s toll. Will they rat on that promise as well?