Rachel Reeves

Rachel Reeves

Labour — Leeds West and Pudsey

Speaking in the House of Commons on 24 March 2026

Debate

Middle East: Economic Update

Contribution

The Conservative party once believed in fiscal discipline, but that has gradually eroded over time. It is because of the fiscal rules that I introduced that we have been able to invest in Sizewell C and in small modular reactors. That was not possible under the fiscal rules of the previous Government. I would also say that borrowing fell in the last year. That did not happen in the last few years of the previous Conservative Government.

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