I was up early and out to the park for my morning run in soft rain. Early, because the House was on a three-line Whip from 0930. The reason was to hear the new Chancellor's first major financial statement, which had been heavily advertised. Kwasi Kwarteng got to his feet and delivered major tax cuts, the aim to stimulate growth and break out of this period of stagnation. Predictably, the pound slumped to near 40-year low. It was a bold move and one that we should have taken 12 years ago, frankly. For too long we have been living beyond our means, with the expectation that somehow government could solve all our ills. Well, it cannot, and we need a major reboot to put the country back on a firm financial footing. What I did not hear, and we need to, is how we intend to make major savings. Cameron promised a "bonfire of quangos", but that was all talk and they remain unaccountable and hugely expensive. It was a fraught few hours in the Chamber, as one would expect. I was called by the Speaker and my question and the Chancellor's reply are on the website. It would be quite a coup to get an investment zone in Weymouth and Dorset Council officials are working hard with government officials to establish our case. I enjoyed a brief lunch with two colleagues before the House closed for the conference period and I headed back to Dorset.