Sir Bernard Jenkin

Sir Bernard Jenkin

Conservative — Harwich and North Essex

Speaking in the House of Commons on 7 July 2025

Debate

Government Performance against Fiscal Rules

Contribution

Has the Chief Secretary seen the much longer-term forecasts by the OBR for the growth in public spending and the growth in debt rising to more than 250% of GDP in decades to come and the debt interest rising to 12% of GDP? Now that there is a gaping hole in the Government’s financial plans because of the votes last week and the U-turns on welfare reform, why does he think that he can play for time, instead of acting to give the markets confidence before they lose confidence?

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