Charlie Maynard

Charlie Maynard

Liberal Democrat — Witney

Speaking in the House of Commons on 12 November 2025

Debate

Taxes

Contribution

There is a real irony in the fact that the Conservative party has tabled a motion calling for the control of public expenditure and for trust to be returned just three years after a notorious mini-Budget that saw the biggest set of unfunded spending commitments in recent memory and that continues to damage the markets’ confidence in UK fiscal credibility. We still pay the so-called moron premium, driving up interest expenses on Government borrowing, which are now running at £131 billion a year. That is money out of the pockets of everyone across this country and we are still living with the real-world impact of that, because debt in the UK has gone from £0.5 trillion in 2005 to £2.9 trillion today. That is up six times in 20 years—and who has been running the country for the majority of those years?

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