All 1 Debates between Rachel Reeves and Jake Richards

Public Spending: Inheritance

Debate between Rachel Reeves and Jake Richards
Monday 29th July 2024

(3 months, 3 weeks ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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The hon. Gentleman says he secured the funds, but he did not; the money was not there. That is why I am having to make this statement today. I share his frustration and anger, but it should be with the previous Government, who did not fund these schemes.

Jake Richards Portrait Jake Richards (Rother Valley) (Lab)
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My constituents will be concerned about the revelations that the Chancellor has set out to the House this afternoon. Reading her statement, it is particularly shocking that the projected overspend on the asylum system, including the Conservatives’ failed Rwanda plan, will cost more than £6.4 billion this year alone. Does my right hon. Friend agree that instead of chuntering and shouting, a period of reflection would better serve the Conservatives, along with an apology to the country they have let down?

Rachel Reeves Portrait Rachel Reeves
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My hon. Friend is right. The people of Rother Valley will be shocked and appalled by the gross mismanagement of public finances, including a £6.4 billion overspend on asylum. That is why we are getting a grip on the public finances and public spending to put them on a firmer footing.