David Davis

It is interesting, because the hon. Member’s Government and his Secretary of State have claimed, “All these green policies are reducing the cost of our energy. Not using oil and gas is reducing the cost of energy.” What is the consequence? The highest energy costs in the world. I will be interested to hear if he can explain that when he makes his speech. The other issue is that growth, or the loss of growth, has a material impact on the public finances. To give the House a measure of that, a 1% change in the growth rate is £10 billion to £11 billion in the first year and then more money in the consequential years, so when we lose that growth, we lose that amount of money. But even if we imagine that we could get that growth back, it still would not be enough. It would not be enough to pay the bills that we need to pay. So what can we do? I am afraid that, because of the size of the debt, we have no choice but to cut welfare costs. I am a great believer in our welfare system, but it should be a safety net, not a lifestyle choice. People who can work should work, and the public have little sympathy for those who choose benefits over a job. It is true today, and it has been true since I was a child on a council estate, that the British working class, who Labour used to think of as its own voters, hate it when they see one of their neighbours choosing to sit at home spending the taxes that they have earned. Low growth handicaps our ability to solve our citizens’ problems.