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 comments on the Government's Spending Review

On Wednesday, Richard, who is Shadow Chief Secretary to the Treasury, appeared on Newsnight to discuss the Chancellor's Spending Review.Richard Fuller MP said:Borrowing is running far above the plans the Chancellor inherited from the Conservatives and she should have taken action to fix the problems

Richard responds to IMF downgrading forecast for UK growth

It is now widely accepted that Rachel Reeves' October budget had a profoundly negative impact on the UK economy and this was reflected in the IMF downgrading its growth forecast from the projected 1.6% growth for 2025 it issued in January and the 1.5% forecast it issued in October.Richard Fuller MP,

Reaction to the Chancellor's Emergency Budget

On Wednesday, the Chancellor delivered her Spring Statement.Richard Fuller MP, Shadow Chief Secretary to the Treasury, commented:It is time the Chancellor took ownership of the mistakes she made in the October budget which tanked business confidence, reduced investment, drove unemployment and depres

Richard comments on Chancellor's Economic Statement

On Monday, Rachel Reeves, the new Labour Chancellor, gave a statement to the House of Commons on the economy in which she scrapped a series of infrastructure projects, announced the winter fuel allowance for pensioners would be means-tested, gave above-inflation pay rises to the public sector and sa