The Economy

                                                                          THE £9 TRILLION QUESTION

Rachel Reeves is driving Britain towards bankruptcy. While not all of our problems are of her making, her poor decisions have caused terrible consequences for the country and she is clearly out of her depth. But the truth is, the problems run far deeper than one Chancellor.

For too long, as a country, we have turned away from the hard economic realities we must face. Politicians of every colour and the public too, have chosen short-term fixes rather than tough economic decisions. That avoidance has left us weaker, more fragile, and ill-prepared for the challenges ahead.

In my speech, I set out the scale of those challenges and the responsibility we share to protect the economic future of our children and grandchildren. They will face greater economic challenges than my generation ever did.

It is time for honesty. It is time for a proper accounting. And it is time to put the interests of future generations at the heart of our approach.

                                                           To watch my speeches on the Economy, click below. 

https://www.youtube.com/playlist?list=PLDbHFtllZSMc3ZpvpDKdn48CxGGxsNdeZ

 

 

News

Richard addresses UK Private Capital Investment Policy Forum

This week, Richard was the keynote speaker at a forum in Westminster held by the association for the UK private capital industry.Speaking afterwards, Shadow chief Secretary to the Treasury, Richard Fuller MP said:Britain’s potential is huge. Freed from EU regulatory sclerosis, we should be usin

Rachel Reeves’s real “black hole”. It’s finally been found!

Two years after Rachel Reeves made up a “black hole” and sent business confidence plummeting across the country, a REAL fiscal “black hole” has been found - created by the Chancellor herself.Richard Fuller, Shadow Chief Secretary to the Treasury commented:This Black hole is unarguable because it’s r

Stop the Holiday Tax

Not content with their Jobs Tax, Family Farm Tax, Working People Tax, and Savings Tax, the government is now coming after your hard-earned holidays! An extra charge would be levied for every night you are away.

Richard addresses Construction Plant-hire Association conference

From major projects like the new Universal Resort to the national economy, construction keeps our country moving and Richard was delighted to deliver the keynote political address at the Construction Plant-hire Association (CPA) Annual Conference earlier this month.Commenting afterwards, he said:I s

Chancellor says more taxes may be needed to pay for defence

On Wednesday, it was reported that Chancellor Rachel Reeves was considering tax rises to fund defence and later that day, Keir Starmer refused to rule it out when asked at PMQs by Kemi Badenoch.Commenting on this report, Richard Fuller, Shadow Chief Secretary to the Treasury said:Welfare and debt in

Richard tells HMRC to get a grip

For almost a decade banks have been mandated to report savers' interest directly to HMRC so that the tax authority could calculate the tax that was owed and retrieve it through amending individuals' tax codes.

Richard speaks in access to banking hubs debate

As Shadow Chief Secretary to the Treasury, Richard was recently the shadow minister responding to a Westminster Hall debate on banking hubs.Speaking afterwards, he said:I am a strong believer that it is important, wherever possible, for access to banking services to be maintained.