Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Saqib Bhatti Excerpts
Tuesday 21st January 2025

(1 day, 16 hours ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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I recognise the strength of feeling about this issue. We were left a terrible situation by the previous Government, with a £22 billion black hole in the public finances and the promise of things for which absolutely no money had been put aside. We have now done the responsible thing by reviewing the programmes that we inherited from the previous Government. That means that the timetable for some projects has had to be pushed back, but it is because the previous Government made promises knowing that the cheque would bounce.

Saqib Bhatti Portrait Saqib Bhatti (Meriden and Solihull East) (Con)
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Businesses in my constituency and across the country are still reeling from the Chancellor’s damaging Budget. She made a commitment at the Confederation of British Industry conference that she would not come back for more taxes. Does she stand by that commitment?

Rachel Reeves Portrait Rachel Reeves
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I had to do a once-in-a-generation Budget in October to fix the mess in the public finances left by the previous Government. I will never have to do a Budget like that again because we have now fixed that terrible inheritance.