Answer from Hansard

The Prime Minister

I thank my hon. Friend for raising this important issue. [ Laughter. ] Conservative Members laugh, but working people paid a very heavy price for 14 years of economic failure. Austerity damaged the economy and decimated public services; the botched Brexit deal stifled growth; and the reckless borrowing of the mini-Budget saw mortgages and the cost of living soar. My hon. Friend is right to raise this issue. We are determined to tackle inequality; he will be pleased to know that under this Government, wages are up, but we need to do more. We have had a pay increase for the 3.5 million lowest-paid, and the Chancellor will deliver a Budget based on Labour values.