Angela Eagle grilled Jeremy Hunt as he appeared in front of the Treasury select committee.
A Labour MP perfectly summed up the chaos caused by the Tories this year as she grilled Jeremy Hunt.
The chancellor was left squirming as Angela Eagle ran through the astonishing political events of the last 12 months.
Hunt unveiled £55 billion of tax rises and spending cuts as he tried to undo the damage caused in part by Kwarteng’s unfunded spending spree, which sent the value of the pound plummeting and interest rates soaring.
Eagle told Hunt: “Chancellor, this year alone your party has given us three prime ministers, four chancellors, four different versions of the Conservative government and six fiscal events.
“One hundred and forty-seven members of the government, including 32 cabinet ministers, have resigned or been sacked.
“What effect do you think this chaos has had on our economic prospects and our international reputation.”
Angela Eagle: "This year your party has given us 3 PMs, 4 Chancellors, 4 different versions of the Tory govt & 6 fiscal events. 142 members of the govt resigned,including 32 Cabinet ministers.. what effect has this chaos had on our economic prospects & international reputation?" pic.twitter.com/b4iQOs1S3c
— Haggis_UK 🇬🇧 🇪🇺 (@Haggis_UK) November 23, 2022
In response, the chancellor insisted the UK’s economic woes had been “primarily” caused by the war in Ukraine and the global rise in energy prices.
He said: “I wish we hadn’t had that level of instability, but I produced an autumn statement that is designed to restore economic stability and consistency of economic policymaking and I hope we can turn the page on all that instability.”