Part of the debate – in the House of Commons am 10:38 am ar 25 Gorffennaf 2024.
My hon. Friend is absolutely right. In the last Parliament, we saw living standards fall for the first time in our history, which is why many people voted Labour at the election. They want change, and they want their living standards restored. We have a wide range of policies to that end, and he might want to raise some of these issues next week, when we will debate the fiscal responsibility Bill. Of course, it was the last Government, in which the shadow Leader of the House was the Chief Secretary to the Treasury, who crashed the economy and sent mortgage rates sky high.