Budget Statement Debate

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Department: Cabinet Office

Budget Statement

Lord McConnell of Glenscorrodale Excerpts
Friday 12th March 2021

(3 years, 8 months ago)

Lords Chamber
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Lord McConnell of Glenscorrodale Portrait Lord McConnell of Glenscorrodale (Lab)
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My Lords, I have two points for two minutes. I start by referring to my interests as set out in the register and reassuring those who have made excellent maiden speeches today that we will not always have such ridiculous time limits for important debates and that they will get a chance to speak at greater length. We will look forward to hearing them do so.

In his Budget speech, the Chancellor threw money around to many new projects all over the country and new initiatives, but he completely failed to mention the fact that he is at the same time reducing our overseas development assistance by one-third in a brutal cut that has already been exposed to be likely to have fatal consequences in humanitarian situations around the world. He left others to do his dirty work instead of speaking about that himself on Budget day, but we should not be surprised because at the end of the Budget speech he referred to delivering on promises and to the Budget being “honest and fair”. Of course, that cut to overseas development assistance is neither; it is a particularly cruel measure which will select the poorest to pay for an economic, educational and health crisis that they did not create. I would welcome an assurance from the Government in this debate that there will be a vote and that the Government will not break the law in reducing ODA but will put it to a vote in both Houses and let Members of Parliament decide.

The Budget also refers in many places to connectivity across the UK and invests in a number of new projects, and I will leave debate on that for another day. I want to make one general point on that. Spending money in devolved areas and planting a flag, as the European Union used to do, on projects and spending in different communities is not a substitute for a genuine partnership on economic development between the Governments of the devolved nations and the UK Government as a whole. If we want a sustainable economic recovery that truly levels up across the country and provides opportunities for all, we need to find new ways of budgeting in this country—preparing budgets, agreeing them and then implementing them—that engage all levels of government working together rather than different levels of government in competition.