Peter Swallow
Main Page: Peter Swallow (Labour - Bracknell)Department Debates - View all Peter Swallow's debates with the HM Treasury
(3 months, 2 weeks ago)
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Peter Swallow (Bracknell) (Lab)
Will the Chancellor explain to the House the damage done to pensioners’ livelihoods by the previous Government’s economic incompetence and their decision to cover up the £22 billion black hole in the public finances?
Rachel Reeves
My hon. Friend is absolutely right to remind us of the dire inheritance that this Government face. The previous Government made spending commitment after spending commitment with absolutely no idea of how to pay for them. From road and rail projects to A-levels and the Rwanda deal, we saw £22 billion of unfunded commitments. We will fix the foundations of the economy, rebuild Britain and ensure that working people are better off. We will fix the mess that the last Government left.