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Replacement of the Chancellor of the Exchequer

17 October 2022

Lead MP

Penny Mordaunt

Debate Type

Ministerial Statement

Tags

EconomyTaxation
Other Contributors: 61

At a Glance

Penny Mordaunt raised concerns about replacement of the chancellor of the exchequer in the House of Commons. A government minister responded. Other MPs also contributed.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Government Statement

EconomyTaxation
Government Statement
The Minister of State, Department for Levelling Up, Housing and Communities provided a statement in the absence of the Prime Minister. She acknowledged that the country is facing significant economic challenges but defended the decision made by the Prime Minister to sack the Chancellor as necessary for the national interest. The Minister declined to provide details on economic policy and referred questions to the Chancellor who would be addressing the House shortly.

Shadow Comment

Keir Starmer
Shadow Comment
The Leader of the Opposition criticised the Government's handling of the economy, stating that it has resulted in soaring borrowing costs, increased mortgage rates, and long-term damage to the UK’s economic stability. He questioned the Prime Minister's leadership and accused her of inconsistency and lack of clarity regarding policy changes.
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About House of Commons Debates

House of Commons debates take place in the main chamber of the House of Commons. These debates cover a wide range of topics including government policy, legislation, and current affairs. MPs from all parties can participate, question ministers, and hold the government accountable for its decisions.