Saqib Bhatti

I have a rude awakening for the hon. Member, and it is a broader point about the debate. Having listened to Government Members, and I suggest that they turn on the news and start looking at what is happening to the bond market, because we are seeing record interest rates when the Government have to borrow. Last year, all these Government Members backed the Chancellor’s fictitious black hole; now she has a real black hole that she created, which she will have to deal with. I do not know what they think will happen at the Budget, but it will either be the cuts that they opposed in the welfare Bill and other cuts that they find unpalatable, or it will be further taxes raised on working people, who they purport to defend and support. When those taxes are imposed on businesses, it will hurt either consumer sentiment or the business themselves. They will then have to make further job cuts to survive. That is the reality; everything has a consequence. What Labour Members fail to understand is that it is absolutely essential—particularly because they talk about supporting such businesses—that they lobby the Chancellor to get a grip on the situation, instead of allowing it to balloon completely out of control as a result of the measures they backed last October. The consequences of that have been tens of thousands of job losses and thousands of businesses going under. I am deeply worried for my constituents. As much as I found the Minister’s speech interesting and sometimes entertaining, I thought that it was quite disrespectful to the hospitality sector, which is very worried. The chair of the biggest representative body of the hospitality sector is saying that there is a problem, but she is being ignored or told that there is no problem. Hospitality businesses in the constituencies of Labour MPs will be knocking on their doors and asking for answers. I ask for a degree of humility because the reckoning is coming—respected economists and think-tanks are saying it—as a consequence of the Chancellor’s decisions. I restate my request for a bit of humility and understanding of what the hospitality sector is going through.