Hilary Benn

Hilary Benn

Labour — Leeds South

Speaking in the House of Commons on 23 October 2024

Debate

Budget Sustainability Plan

Contribution

In addition to the £3.3 billion package that followed the restoration of the Executive, the Executive gained £185 million in July when the main estimates were published. In order to avoid having to repay the debt that the hon. Member refers to, they have to put their finances on a sustainable path, deliver a balanced budget, and raise the additional £130 million revenue to which they committed when the deal was done. The fiscal council’s view is that 124% is the right funding.

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