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Lord Livermore (Lab)

Speaking in the House of Lords on 12 June 2025

Debate

Spending Review 2025

Contribution

I do not have the specific budget for consultants over the next few years to hand. I am more than happy to write to her with that figure if it is available. She is right that we have reduced the number of consultants. It ballooned under the previous Government, who like to talk about saving money but did not always walk the walk. We are investing an additional £113 billion in capital spending, which is enabling so many of the projects that we are discussing today. It would not be possible if we had not rewritten the fiscal rules that we inherited from the previous Government, which guaranteed neither stability nor investment. We inherited such a poor public infrastructure situation from them as they repeatedly cut investment spending to patch up the holes in their day-to-day spending. The noble Baroness mentioned the change to the fiscal rules. Alongside the fiscal rules, we have set out very clear guard-rails to ensure that that money is spent wisely and carefully through public finance institutions. I am very confident that we have set out those guard-rails and will ensure that we get the value for money that she is describing.

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