Third Reading

In the House of Commons, the minister has moved that the Budget Responsibility Bill be read a third time. The minister emphasizes the importance of this legislation, stating that it is part of the government's plan to restore economic stability and deliver economic growth. The minister notes that the government received a mandate for economic growth in the general election, and that sustained growth is the national mission to improve the prosperity and living standards of the British people. The minister highlights the importance of economic stability, warning against the consequences of unfunded fiscal commitments and the sidelining of key economic institutions, as seen under the previous government. The minister encourages Conservative members to reflect on why they lost credibility for economic competence and suffered their worst election result. The minister congratulates all members on their excellent maiden speeches and thanks the Clerks and officials who have supported the rapid passage of the Bill. The minister concludes by commending the Budget Responsibility Bill to the House, stating that it forms a small but vital part of the government's plan to restore economic stability and deliver economic growth.