The most vulnerable and poorest in our society are being punished for the mistakes of the financial sector.

I told the Commons that figures show cuts to spending on social security and working-age tax credits will mean £37 billion will have been cut from social security by 2021-22, compared with 2010.

Meanwhile, the richest corporations, including those in the financial sector that should shoulder some of the responsibility for austerity, have had tax cuts of more than £110 billion pounds. That is not fair, right or just.