Sir Bernard Jenkin

Sir Bernard Jenkin

Conservative — Harwich and North Essex

Speaking in the House of Commons on 31 October 2024

Debate

Income tax (charge)

Contribution

If the hon. Gentleman will forgive me, I am just drawing to a close. What is the true cost of decarbonisation? That is something that the Government are hopelessly naive about. It is as though investing in decarbonisation is somehow a get-out-of-jail-free card, and everybody’s bills will start to come down, but anyone involved in the industry will say that that is not the case. The need to dynamise our zombie economy is still there and being made worse by the burdens that this Government have inflicted on us. How will we re-industrialise our economy when deglobalisation has taken away the opportunity to import all the cheap things that we used to make, but no longer do? Those are the real strategic challenges, and the Budget does not begin to address them.

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