Energy (oil and gas) profits levy Debate

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Department: HM Treasury
Tuesday 22nd November 2022

(1 year, 5 months ago)

Commons Chamber
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Tulip Siddiq Portrait Tulip Siddiq
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The hon. Gentleman has had plenty of opportunities—no more giving way.

The Government’s failure to make fair choices and grow the economy has seen our public services starved of the resources they need. Not only have Conservative policies been bad for people who rely on public services; they are also economically illiterate. Weaker public services mean a weaker economy. As the OBR has set out, rising long-term sickness and a backlog of 7 million people waiting for NHS treatments is a toxic combination. It all adds up to a labour market that is more dysfunctional than at any time in recent history, with hundreds of people out of work because of long-term sickness under this Conservative Government.

Paula Barker Portrait Paula Barker (Liverpool, Wavertree) (Lab)
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My hon. Friend is making an excellent speech. The role of Prime Minister requires transparency. It may be a matter of personal choice for people not to use our national health service that others so desperately rely on, but does my hon. Friend agree that, for many, it is particularly galling that we have a Prime Minister who does not use the national health service that his party broke?

Tulip Siddiq Portrait Tulip Siddiq
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I thank my hon. Friend for her intervention.

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Paula Barker Portrait Paula Barker (Liverpool, Wavertree) (Lab)
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For all the talk of bringing back “compassionate conservatism”—an oxymoron—the British people have been left with more of the same: a Government whose priorities are so skewed that, after 12years, they continue to reaffirm their unwavering commitment to looking after those at the top to the detriment of everybody else. Last week, there were fairer choices to be made; there were better choices to be made; and, frankly, there were choices that would have protected all our people against an economic onslaught that the Government have played no small part in making.

Call me naive, but I had assumed that the first rule of politics was to make life easier for people, helping them get on in life so that they can provide for their loved ones and families. The OBR is predicting that, on the Government’s watch, my Liverpool, Wavertree constituents will endure a 7% hit to their household income over the next two years—that is unprecedented in modern times. I know that the Government like to deflect the blame entirely on to the situation in eastern Europe, which is undoubtedly playing its part, but the last time I checked, the Conservative party has been in power since 2010, and it should be a mark of deep shame for Conservative Members that real wages are lower than when they entered power.

Twelve years of wage stagnation, low growth and a failed austerity programme have left our towns and cities crying out for investment and support. Communities are now on the brink and poverty is rife, while those on moderate incomes also face money anxieties that they may never have experienced before. People who do all the hours God sends—the nurse, the self-employed worker at a start-up, the pub owner, the call centre worker—now all face a bleak future because of the choices this Government have made during their time in office.

The Conservative party should have its own feature on the BBC show “Rogue Traders”. Twelve years and six Chancellors ago by my count, the former Chancellor promised to fix the roof when the sun was shining. Well, they did not fix the roof when the sun was shining, nor when it was raining. Now, the hailstones are raining down and millions of people have awoken to the con. The British people have been ripped off and left with a bill for unfinished work—a botched job—and still the company is unwilling to take any responsibility. It does not matter whether it was David the joiner, Theresa the labourer, Boris the apprentice or Liz the plasterer; the whole company is responsible, and the sooner they are replaced with an organisation that can do the job, the better. In all seriousness, the Conservative party cannot pride itself on economic competency when it represents, in every facet, the precise opposite.

The human cost is grave. The people I represent cannot endure more of the same. Last week’s autumn statement reaffirmed more of the same at a time when our people deserve better.