Spring Statement Debate

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Department: HM Treasury
Wednesday 26th March 2025

(6 days, 12 hours ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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There is nothing progressive and nothing Labour about pouring more money into a broken system. The changes that we are making will help young people who are not in education, employment or training, through targeted support. As I set out, the OBR has not scored any of our back to work programme—the biggest programme for many years—and it will do so in the autumn. The best way to lift people out of poverty is to get them into good, secure work that pays a decent wage. From next month we are increasing the national living wage by £1,400 for someone working full time. The Employment Rights Bill will ensure that people have security at work. That is the difference that this Labour Government are making.

Adrian Ramsay Portrait Adrian Ramsay (Waveney Valley) (Green)
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The Chancellor knows that our economy has been driven to the edge over the past 15 years, with ordinary people forced to bear the burden while a small minority have amassed extreme wealth. She could change that. Her own Back Benchers are lining up to argue for a wealth tax. Why will she not do the fair and right thing and introduce a tax on the very wealthiest, rather than launching austerity 2.0 and removing vital support from disabled and ill people?

Rachel Reeves Portrait Rachel Reeves
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The best thing that we can do for our constituents is build the homes that they desperately need. I have no understanding of why Green party Members voted against the Planning and Infrastructure Bill this week. What do they have against families getting homes and young people getting jobs?