Business of the House

Part of the debate – in the House of Commons at 10:38 am on 3rd October 2019.

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Photo of Jacob Rees-Mogg Jacob Rees-Mogg Lord President of the Council and Leader of the House of Commons 10:38 am, 3rd October 2019

I am grateful for that invitation. I hope it was to hear the parliamentary choir rather than to join it, as I think they would chuck me out quickly if I started warbling.

My hon. Friend makes such an important point about PFI. As a matter of ordinary routine, the Government are always the least expensive borrower; this was a fundamental flaw in many PFI schemes, hence the 6% rate paid by the Royal Stoke hospital. We could perhaps broaden the debate out into one about the general failures of the previous Labour Government to understand basic economics, because that is where the problem comes from.