Iqbal Mohamed

Iqbal Mohamed

Independent — Dewsbury and Batley

Speaking in the House of Commons on 28 October 2026

Debate

Budget Resolutions and Economic Situation

Contribution

On the subject of a sovereign wealth fund, would the right hon. Gentleman comment on the fact that under the Tories we sold off our national treasures in North sea oil and gas? We should compare that with Norway, which put those assets into a sovereign wealth fund and now has £1.7 trillion available for public services, while we do not have anything. That was an absolutely catastrophic mistake for our country.

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