Julia Lopez

Julia Lopez

Conservative — Hornchurch and Upminster

Speaking in the House of Commons on 4 December 2024

Debate

Employer National Insurance Contributions

Contribution

The Chancellor’s Budget has created a right mess. No matter how regularly the Prime Minister bleats that he is fixing the foundations, it is a mess of Labour’s own making, date stamped 30 October 2024. The OBR has forensically dismantled the Government’s pathetic fallacy of a £22 billion black hole, but even if it had not, my constituents are not stupid. If the Chancellor was as worried by the state of the public finances as she said she was, why would she increase borrowing by £32 billion annually, undermining our financial resilience? Why would she make the choice to splurge cash on union pay rises with no productivity commitments? Why would she make a series of decisions that would lead the OBR to downgrade its growth forecasts since our April Budget?

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