Dan Tomlinson

Dan Tomlinson

Labour — Chipping Barnet

Speaking in the House of Commons on 12 November 2025

Debate

Taxes

Contribution

Let me make a bit of progress if I may—I will happily take a further intervention in good time. It is a sorry fact, but it is true that Conservative Members squandered their time in power, just as they squandered much taxpayer money. After 14 years of failure they left people paying more for less, and enforced a policy of austerity for too long, which my hon. Friend the Member for Birmingham Northfield (Laurence Turner) spoke about in his contribution. That policy brought public services to their knees—something we needed to fix—and saddled us with so much debt that we now pay £1 in every £10 of public money in debt interest payments alone. I agree with the contribution from a Conservative Member who said that that is not a morally acceptable situation, but that is the situation we inherited, and one that we intend to change. Over the course of this Parliament the international comparisons bear out, and we are on track to reduce the deficit that we inherited faster than any other G7 economy. That is the stability that the Chancellor is returning to the public finances.

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