Engagements

Q1. If he will list his official engagements for Wednesday 3 May.

I know that the House will join the nation and the Commonwealth in sending our very best wishes to Their Majesties, the King and Queen, ahead of the coronation. This will be a moment of extraordinary national pride, a demonstration of our country’s character and an opportunity to look to the future in the spirit of service, unity and hope.

This morning, I had meetings with ministerial colleagues and others. In addition to my duties in this House, I shall have further such meetings later today.

At Question Time last week, in column 725, the Prime Minister referred to

“record numbers of people in work”.—[Official Report, 26 April 2023; Vol. 731, c. 725.]

In fact, as he knows, the number of people in work at the moment is still less than it was just before the pandemic—122,792 less, according to the latest official figures. Will he reassure the House that he is not slipping into the bad ways of his predecessor but one, and will he properly correct the incorrect statement that he made last week?

That clarification has already been made in Hansard, but there are near record numbers of people in work and in payroll. That is thanks to the actions of this Government—a record of which we are very proud.

Q4. Non-compliant hand car washes seem like a cheap and quick way to have our cars washed but, unfortunately, behind this £1.8 billion industry is hidden money laundering, fraud, drug dealing, prostitution, labour abuse, modern-day slavery, tax avoidance and many other sinister crimes. An estimated half a billion pounds is lost in tax revenue. It is a pull factor for illegal migration and the pollutants often used damage the environment. Does the Prime Minister agree that it is time to step away from the voluntary scheme and have a mandatory scheme to protect people?

We expect all businesses to follow the law, including providing fair pay and working conditions for their employees. We are tackling exploitation in the labour market, especially by increasing funding for enforcement bodies to more than £35 million a year, and we will continue to keep the position of hand car washes under close review.

I call the Leader of the Opposition.

I join the Prime Minister in his comments about the coronation. Across the House, we are all looking forward to the celebrations this weekend.

Does the Prime Minister know how many mortgage payers are paying higher rates since the Tory party crashed the economy last autumn?

Our record on home ownership is crystal clear. Because of our tax cuts, 90% of first-time buyers now do not pay any stamp duty at all. Last year, we saw the largest number of people buying their first home in 20 years. That is a Conservative Government delivering on people’s aspirations to own their own home.

The question was how many people are paying more on their mortgages each month, and the answer that the Prime Minister avoided giving is 850,000. Nearly 1 million people are paying more on their mortgage each month because his party used their money as a casino chip. That is why George Osborne called them economic “vandals” who created a “self-inflicted financial crisis”—not for the Prime Minister and his “non-dom thing”, not for the super-wealthy that the Conservatives gave tax cuts to, but for mortgage holders all across the country. Does the Prime Minister know how many more people will be joining them on higher mortgage rates by the end of this year?

Thanks to the actions we are taking, the Bank of England is showing that public expectations of inflation have now eased to a 15-month low. Consumer confidence is at the highest level since Russia invaded Ukraine and, because of our stewardship of the public finances, we can see a clear way to reduce debt and bring interest rates down. The right hon. and learned Gentleman keeps up his habit of quoting former Chancellors. We know that our plans will deliver lower inflation and lower interest rates, but we know that his plans just mean more debt, “year after year after year”. Those are not my words, but the assessment of the former Labour shadow Chancellor.

The question was how many more people this year will be paying more on their mortgages. The answer, which the Prime Minister again avoided giving—he knows these answers; he has the stats there in front of him—is 930,000 people. I know they do not want to talk about it—that is why he will not answer the questions—but by the end of this year, nearly 2 million homeowners will be counting the cost of the Tories’ economic vandalism with every mortgage payment they make.

It is not just those who already own their home who are counting the cost of Tory recklessness. The average deposit for a first-time buyer is going up to £9,000. Does the Prime Minister even know how long it will take an average saver to put that sort of money aside?

That is why we have introduced a 95% mortgage guarantee scheme. It is why we are helping people in social housing to own their own home through our first homes and shared ownership schemes. Those things are working. As I said, last year we had a record number of first-time buyers, the highest number in 20 years. That was twice the number of first-time buyers that Labour ever managed. While Labour failed homeowners, the Conservatives are delivering for them.

Every week, whatever the topic, the Prime Minister stands there and pretends everything is fine across the country, and every week that he does so, he reinforces just how out of touch he is, because £9,000—[Laughter.] It is not “Ha, ha!”—would take four years. The Conservatives think it is funny that it would take four years for the average saver to save £9,000. To put it a different way, in terms the Prime Minister will understand, it is roughly the annual bill to heat his swimming pool. But for most people, four more years of scrimping is a hammer-blow to their ambitions. Now he is kicking them when they are down, because his decision to scrap housing targets is killing the dream of home ownership for a generation. Why does he not admit he got it wrong and reverse it?

I promised to put local people in control of new housing, and I am proud that that is what I delivered within six weeks of becoming Prime Minister. The right hon. and learned Gentleman wants to impose top-down housing targets, concrete over the green belt and ride roughshod over local communities. Previously, he is on record as saying that local people and communities should have more power and more control. Now he has U-turned—just another in a long list of broken promises.

The only power the Prime Minister has given to local communities is not to build houses. We know why he will not change course; he admitted it last month: his councillors simply do not want to build the houses that local people need, so he has given them a way out. Picture the scene as he explains this to a family: mum and dad paying four grand extra on the mortgage because the Tories tanked the economy; their eldest paying hundreds more in rent; their youngest still stuck in the spare room because they need an extra £9,000 for a deposit. Then along comes the Prime Minister, who merrily tells them, “Sorry for crashing the economy—but we don’t want to talk about that. Sorry I can’t help you through house building, but my councillors do not like it. Oh, and before I go, here is a massive council tax increase for your troubles.” Why does he not stop the excuses, stop blaming everyone else, and just build some houses instead?

Our memories are not that short. We all know what happened when Labour was last in power: there was “no money left” for the country. Let us talk about the Labour record on house building. In London, the former Conservative Mayor built 60,000 affordable homes in his first five years in office. How many has the current Labour Mayor managed? Half of that. In Wales, we need 12,000 new homes a year. How many has Labour built in the last year? Half of that. As ever, Labour talks and the Conservatives deliver.

With debt doubled since 2010, growth down, tax up, the economy crashed, the Government are going to need a bigger note.

It is right that, week after week, we debate the issues in this place, but looking beyond the elections tomorrow, we also have a hugely significant weekend coming up, with the King’s coronation. For most, it will be the first time that they have seen a monarch crowned. I hope, as will Members across the House, that people across the country enjoy the ceremony, the street parties and, of course, the extra day off. Some 300 million people will tune in. The world will see our country at its best, celebrating the beginning of a new chapter in our history. But it will also be a reminder of the loss of our late Queen, Elizabeth II, and another chance to remember all that she gave our country through her dedicated service. Will the Prime Minister join me in honouring our late Queen and wishing the new King a long and happy reign?

As I said at the outset, we are all very much looking forward to the coronation. It will be a very special moment in the history of our country, and I know that we will join the country in celebrating it. But before we get to the coronation weekend, we have an important day tomorrow. The choice before the country is clear: when they go to the ballot box, they can see a party that stands for higher council tax, higher crime and a litany of broken promises; meanwhile, we are getting on with delivering on what we say, with lower council tax, lower crime and fewer potholes. The choice is clear: vote Conservative.