James Murray

James Murray

Labour (Co-op) — Ealing North

Speaking in the House of Commons on 19 March 2025

Debate

National Insurance Contributions (Secondary Class 1 Contributions) Bill

Contribution

I am not clear from the right hon. Gentleman’s intervention whether he finally accepts that we inherited a £22 billion black hole when we entered government. I know that several of his colleagues have sought to rewrite history, but the facts are there. We inherited a completely unsustainable fiscal situation, with pressures and a £22 billion black hole, and we had to take difficult but necessary decisions to remedy that. It was important to do so, because without the basic fiscal responsibility and economic stability that a Government should deliver, investment, which is the basis for growth, will not happen.

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