Autumn Statement Resolutions

Alex Davies-Jones Excerpts

Monday 27th November 2023 Commons Chamber

[Alex Davies-Jones (Pontypridd) (Lab)]

As ever, it is a privilege to speak on behalf of the people in my community of Pontypridd and Taff Ely in today’s autumn statement debate. I congratulate my hon. Friend the Member for Leicester West (Liz Kendall), the shadow Secretary of State for Work and Pensions, on a storming speech at the Dispatch Box this afternoon and thank her for sharing the inspirational story about the challenge faced by David’s son in trying to access employment. People with neurodiversity have an abundance of skills to contribute to our economy and to the workplace, but they need a proper pathway and a proper plan for suitable work for everyone. David and I have something in common: not only are we exasperated by this Government, but we are both parents to children with autism. Although my son is not going to be entering the workplace any time soon, I hope that he does so under a Labour Government here in Westminster, so that he, like everyone, has the opportunities and aspirations to achieve a decent world of work.

To be frank, the feeling in Pontypridd is crystal clear: the Government’s plan simply is not working. The Prime Minister and the Chancellor have promised to get the economy growing, but instead it is flatlining. Working people and households have been hit with rising prices for their food and utilities, and the Government should be ashamed that so many people across the country can no longer afford the basics. Leadership starts at the top, but the Prime Minister seems to be more concerned about securing his future employment and appeasing the likes of billionaires such as Elon Musk than supporting ordinary working people across Britain. Only the Labour party is serious about growing the economy. It is clear to see that my right hon. Friend the Member for Leeds West (Rachel Reeves) is utterly determined to make working people in all parts of the country better off by growing the economy, boosting wages and bringing down bills. Let’s face it: this Government cannot even get the basics right.

Labour’s better-off plan will cut household bills by up to £3,000 a year over the next decade. I am proud that it is this party, on these Benches, that has a clear path forward. It is the absolute least that people across the UK deserve after far too many years of false promises and distraction from this Government. Over the next decade, Labour’s better-off plan will save families £500 a year by insulating homes to make them more energy efficient. People will also save £900 a year as we build cheaper, cleaner power across the country through the creation of Great British Energy, a new, publicly owned clean generation company. For homeowners, £1,200 a year on mortgage bills will be saved by our building 1.5 million homes over a Parliament to keep housing affordable.

The Chancellor’s top lines, well-rehearsed as they are, simply cannot conceal the truth, because it is crystal clear that this Government have presided over 13 years of economic failure. When I speak to people across my area, the message is crystal clear: enough is enough. Colleagues on the Benches opposite must know the reality; rats and sinking ships come to mind. Economic growth has been revised down for next year, the year after and the year after that. None of the Chancellor’s announcements will come as any form of compensation to undo the damage done by a flailing economy. We all saw it with our own eyes and felt it in our own pockets. The Conservative party oversaw the near collapse of the entire British economy last year, which was a disaster for businesses and individuals. Only Labour can be trusted on the economy and we have a plan from day one. That includes supporting our high streets, which have been utterly neglected at the hands of this Government.

I have repeatedly warned in this place of my frustrations over the closure of banks on the high street. Last week, yet another high street bank announced that it is shutting its doors and abandoning customers in Pontypridd. This time it is NatWest, but over the last few years HSBC, Lloyds and Barclays have all shut up shop too. The Chancellor claims that his plans will put more money in people’s pockets. How ironic will it be if the banks continue to disappear and access to cash becomes a thing of the past? In my maiden speech, I said how proud we were in Pontypridd to have the Royal Mint in our constituency. It is not lost on me that my constituency makes all of the coins in the country yet we see far too little investment or money in people’s pockets. So I urge the Government to think carefully about the desperate position in which this is putting people who require access to face-to-face banking services and access to cash. What plans do this Government have to compel banks to do the right thing and stay on our high streets to support businesses and vulnerable people who rely on their services? We have supported the banks and they should support us. My fear is that there is no plan.

Let us be clear: people across the country deserve so much better. We have an unelected Prime Minister and unelected Foreign Secretary, and manifesto commitments broken and abandoned one after another. Is it any wonder that people in the country are crying out for change. It is clear among the people up and down this country that they want a general election—they need a general election. They cannot afford any more years of this Tory Government. It is time for serious change, because this Government have played hard and fast with people's finances for far too long and we are all paying the price. Enough is enough.