Impact of provisions of section 5 on child poverty and equality

Part of Finance (No. 3) Bill – in the House of Commons at 3:00 pm on 8th January 2019.

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Photo of Peter Dowd Peter Dowd Shadow Chief Secretary to the Treasury 3:00 pm, 8th January 2019

My hon. Friend is right. The economy thereafter, with the help of the Liberal Democrats, started to go down the pan. To this day, we have not recovered, and the Government’s own figures indicate that this will go on for many more years. We will have more of the same, and it is not working. When will they learn the lesson? They seem to be incapable. Even the IMF recognises the failure of austerity and has called for increased public spending to offset the negative economic effects of Brexit.