Mr Andrew Snowden

Mr Andrew Snowden

Conservative — Fylde

Speaking in the House of Commons on 9 January 2025

Debate

Public Finances: Borrowing Costs

Contribution

Every Labour Government leave office with unemployment higher and the economy in a worse condition than they inherited, but I think this Labour Government are taking the record for doing that the fastest—within just six months, we see borrowing costs spiralling out of control, GDP growth tanking and the bosses of some of the biggest recruitment firms in the UK warning of job postings plummeting and that a recession is just around the corner. I look forward to seeing how the Chancellor spins this period of employment on her CV in the future. If the Government breach their own fiddled fiscal rules so ingloriously and so quickly, who on the Treasury Bench is going to update their CV and take responsibility?

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