Balancing the Public Finances — [Joan Ryan in the Chair]

Part of the debate – in Westminster Hall at 9:55 am on 11 July 2017.

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Photo of Chris Evans Chris Evans Labour/Co-operative, Islwyn 9:55, 11 July 2017

I thank the hon. Gentleman for interrupting me just as I entered my finishing flourish; I was trying to come to my rhetorical peak. There are inherent weaknesses in the former nationalised industries. As I was talking about before, people feel that they are being ripped off and have no control. They see energy companies squeezing them all the time, and something has to be done about that. Most people, and basic economics, ask why we would privatise an industry that has no competition. That has been the problem, but that is a debate for another day.

I will finish, because I have spoken for far too long. I have no doubt that, with the right level of investment, the UK economy can seize the opportunities ahead of it.