Oral Answers to Questions

Debate between Richard Holden and Georgia Gould

Thursday 23rd January 2025 Commons Chamber

[Mr Richard Holden (Basildon and Billericay) (Con)]

Unbelievably, the Treasury Committee has already raised concerns about the Office for Value for Money, citing issues around its remit, cost, cross-Government duplication and more, which could be expressed concisely as fears around the value for money of Labour’s new Office for Value for Money. Does the Minister agree with the financial markets, which do not believe this Government’s commitment to reforming public procurement or to prudent financial management, which is why they have added a Reeves ratio to the UK Government’s debt, costing taxpayers an extra £10 billion a year?

[Georgia Gould]

Yesterday, the National Audit Office published a report on the almost £50 billion gap in building maintenance. That is the legacy that the last Government left us: crumbling buildings, 15 years of lost wage growth and stalled productivity. Compare that with this Government’s record in just the past six months: £63 billion investment at the UK investment summit and leading the way on artificial intelligence. The International Monetary Fund upgraded our growth to the fastest in Europe. The Opposition might want to run down this country, but we are determined to grow our economy.

Oral Answers to Questions

Debate between Richard Holden and Georgia Gould

Thursday 5th December 2024 Commons Chamber

[Mr Richard Holden (Basildon and Billericay) (Con)]

I am delighted to meet the Minister across the Dispatch Box. I have also been meeting many SMEs in the aftermath of the Budget. The impact of the Government’s decision to raise national insurance on many indirect providers of public services, such as GPs and hospices, appears not to have been fully factored into the Government’s workings at the time of the Budget. Now that the Government have had over a month to do the figures, what will be the impact of the national insurance job tax on the cost of public procurement, to the nearest, say, £1 billion?

[Georgia Gould]

I welcome the hon. Member to their place and look forward to meeting them across the Dispatch Box. Unfortunately, the last Government left this country in a terrible place, with public services in crisis. I was previously a council leader, and every single day I saw the absolute strain on our public services. People were waiting up to 12 hours for ambulances, which sometimes did not turn up. We have had to take action to invest in our public services in order to deliver growth. Through our procurement regime, we are already taking action to support SMEs, to ensure that money is not lost and to ensure that suppliers are paid quickly. I will set out more to the House in February—