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Tag: Bridget Phillipson

  • Bridget Phillipson – 2021 Comments on Latest GDP Figures

    Bridget Phillipson – 2021 Comments on Latest GDP Figures

    The comments made by Bridget Phillipson, the Shadow Chief Secretary to the Treasury, on 10 September 2021.

    People are working incredibly hard to build the recovery but Conservative complacency is holding our country back. The concerning figures today show that just as the UK economy ought to be getting back to normal, disruption to supply chains and other shortages mean our recovery is hitting the brakes.

    The Government has no plan, other than to plough ahead with a tax on jobs as well as a devastating cut to Universal Credit, taking money out of our high streets just when it is needed most.

    Labour believes we must take the chance to make our economy more secure through our plan to Buy, Make and Sell more here in the UK. The Conservatives are simply not ambitious enough about the future of our economic recovery.

  • Bridget Phillipson – 2021 Comments on Inflation Figures

    Bridget Phillipson – 2021 Comments on Inflation Figures

    The comments made by Bridget Phillipson, the Shadow Chief Secretary to the Treasury, on 18 August 2021.

    People are already feeling the effects of inflation, whether it’s at the supermarket, petrol pump or paying for home improvements.

    The Government must do all it can do to keep materials and other supplies moving to prevent the shortages that can lead to higher costs.

    Whether the inflation is temporary or otherwise, families should not have to pay the price for the Government’s lack of plan for HGV drivers and the costly red tape following their deal with the European Union.

  • Bridget Phillipson – 2021 Comments on Regulations for Non-Bank Lenders

    Bridget Phillipson – 2021 Comments on Regulations for Non-Bank Lenders

    The comments made by Bridget Phillipson, the Shadow Chief Secretary to the Treasury, on 20 July 2021.

    The Select Committee say the Treasury should have encouraged more formal lines of communication with David Cameron – but it was the Treasury itself that failed to communicate with the British Business Bank about the concerns surrounding Greensill, leading to the firm getting access to £400 million of government-backed loans.

    The cronyism, recklessness and sheer waste under this Conservative government has to stop.

  • Bridget Phillipson – 2021 Comments on Latest GDP Figures

    Bridget Phillipson – 2021 Comments on Latest GDP Figures

    The comments made by Bridget Phillipson on 9 July 2021.

    After causing the UK to experience the worst economic crisis in the G7, the Conservatives should be getting the economy powering on all cylinders. Instead, this morning’s growth data shows how fragile the UK’s economic recovery is.

    Instead of the Conservatives’ failure to secure the recovery, Labour’s plan to buy, make and sell more in Britain would mean seizing new opportunities to shape a new future for Britain. This would give people new skills and jobs here in the UK, bring security and resilience back to our economy and public services and help our high streets to thrive again.

  • Bridget Phillipson – 2021 Comments on the Net Zero Review

    Bridget Phillipson – 2021 Comments on the Net Zero Review

    The comments made by Bridget Phillipson, the Shadow Chief Secretary to the Treasury, on 30 June 2021.

    There’s a real danger this green bonds announcement is all talk and no action – just like the Chancellor’s long delayed Net Zero Review – and a distraction from the critical job of halting climate breakdown.

    We need far more details and a watertight guarantee that these bonds are spent properly on the green jobs and initiatives that will curb climate breakdown.

    The Chancellor must stop dragging his heels, and publish his final report into the Net Zero Review which has now been delayed since Autumn 2020.

    And he should hardwire his Net Zero targets into his upcoming spending review, as Labour would do.

  • Bridget Phillipson – 2021 Comments on Greensill

    Bridget Phillipson – 2021 Comments on Greensill

    The comments made by Bridget Phillipson, the Shadow Chief Secretary to the Treasury, on 10 April 2021.

    Every day brings fresh revelations about the culture of cronyism at the heart of this Conservative Government. Through David Cameron, Greensill looks to have had the run of Government from Number 10 down, including access to millions of pounds of public money.

    And yet we’ve heard nothing from Rishi Sunak about the role he played in ‘pushing’ his officials to change the rules of Government schemes to suit Cameron and Greensill.

    He needs to come out of hiding and make a statement to Parliament at the earliest opportunity and answer questions on this growing scandal. And we need a full and thorough investigation into what happened.

  • Bridget Phillipson – 2021 Speech on the Economic Situation

    Bridget Phillipson – 2021 Speech on the Economic Situation

    The speech made by Bridget Phillipson, the Shadow Chief Secretary to the Treasury, on 6 February 2021.

    The Chancellor is announcing minor tweaks to a policy already more than 20 weeks old.

    He’s clearly out of ideas when it comes to supporting hard-pressed businesses.

    Instead we need urgent action to secure our economy today, including a smart extension to the furlough scheme and Labour’s speedy fixes to the failing Kickstart scheme and Green Homes Grant.

    We can’t afford more dither and delay, with changes pushed back to the Budget.

  • Bridget Phillipson – 2020 Comments on Brexit and the Taxation Bill

    Bridget Phillipson – 2020 Comments on Brexit and the Taxation Bill

    The comments made by Bridget Phillipson, the Shadow Chief Secretary to the Treasury, on 8 December 2020.

    With 23 days until the end of the transition period the Government has brazenly and recklessly pushed the country to the brink of a no-deal Brexit.

    This irresponsible, last-minute approach explains why the Government is in chaos tonight – but the damage done to Britain’s global reputation by threatening to break international law will last for years to come.

    Labour wants a deal to be done, as this uncertainty is inflicting untold damage on businesses that still have no idea today what conditions they will be trading under next month.

    As Britain counts the cost of this Government’s irresponsible decisions, it’s clear the Conservatives have relinquished any claim to be the party of the economy.

  • Bridget Phillipson – 2020 Comments on Treasury Select Committee Report

    Bridget Phillipson – 2020 Comments on Treasury Select Committee Report

    The comments made by Bridget Phillipson, the Shadow Chief Secretary to the Treasury, on 11 September 2020.

    It’s good to hear the Treasury Select Committee echo Labour’s calls for targeted support for jobs and businesses beyond the Chancellor’s October cliff edge.

    This report adds to the chorus of warnings that the Chancellor’s one-size-fits-all withdrawal of wage support risks a huge spike in unemployment this autumn.

    Labour, trade unions, businesses, think tanks, backbench Tory MPs and now the Treasury Select Committee are all sounding the alarm. What will it take to make this stubborn Chancellor listen?

  • Bridget Phillipson – 2020 Comments on Steve Barclay’s Onward Speech

    Bridget Phillipson – 2020 Comments on Steve Barclay’s Onward Speech

    The comments made by Bridget Phillipson, the Shadow Chief Secretary to the Treasury, on 28 July 2020.

    Steve Barclay has admitted what everyone already knows: the one-size-fits-all Tory economic policy simply won’t match the challenges we face ahead.

    We urgently need tailored support for the sectors that need it most. It shouldn’t have taken the Government months to work this out.