L

Lord Livermore (Lab)

Speaking in the House of Lords on 12 June 2025

Debate

Spending Review 2025

Contribution

The noble Lord started by welcoming nuclear, and then seemed to say that the fiscal position was not what he would like it to be. I feel as if he needs to choose which lane he wants to be in in that respect. Will he support the measures we have taken and support the change to the fiscal rules, or support the spending? I am not sure that he can both oppose the way to raise the money but then support the way we are spending it. On the second part of his question, we have set out very clear pension reform. We may not agree on that specific point, but I hope we agree on our objective, which is to get more pension fund investment into the UK economy.

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