V

Viscount Hailsham (Con)

Speaking in the House of Lords on 8 July 2025

Debate

Government Performance against Fiscal Rules

Contribution

My Lords, on the fiscal rules, may I suggest the following? First, the welfare budget is far too high and must be substantially reduced. Secondly, economic growth is the only way out of our present mess. Thirdly, heaping taxes on primary wealth producers is highly counterproductive. Fourthly, if additional taxes must be imposed, they are best imposed generally, so that most people can understand the consequences of the policies they support.

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