Rachel Reeves

Rachel Reeves

Labour — Leeds West and Pudsey

Speaking in the House of Commons on 4 March 2025

Debate

Government Borrowing

Contribution

I agree that we need to get a grip of the welfare budget, which got out of control under the previous Conservative Government. Frankly, I am not going to take lectures from the Conservative party, which crashed the economy. Let me remind the House what the right hon. Gentleman said about the disastrous mini-Budget: “I share entirely the free-market ideology that underpins the Chancellor’s statement…The Chancellor was right to be radical.” He added: “I rejoice at the two fingers the Chancellor has raised to socialist dogma and envy.” I think that the financial markets and the British public have united in their view on the previous Government.

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