Stamp Duty Land Tax
Antonia Bance Excerpts(6 days, 9 hours ago)
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Antonia Bance (Tipton and Wednesbury) (Lab)
Here we go again, Madam Deputy Speaker—always the promise of tax cuts to come, never the proper plans to ensure it is affordable. This motion tells us everything we need to know about the modern Conservative party; once again, its first recourse is to reach for the austerity button instead of making a serious plan to invest, grow the economy and strengthen our public services. Reckless with the public finances and reckless with our public services, the Conservatives are not a serious party.
I was going to make this point specifically for the right hon. Member for Beverley and Holderness (Graham Stuart), but I see that he is not in his place, so everyone else can enjoy it instead. Yes, it is time for the greatest hits of austerity—the 14 years in which the Conservatives talked and did this country down, when day-to-day spending on public services fell by nearly 17%, stripping away nearly £46 billion every year from the services our residents rely on. Members should remember that figure as I talk about austerity, because the Conservatives would fund the tax cut we are talking about today with £47 billion—a larger number than that figure from the austerity years. Look at the back-of-a-fag-packet plans that they have to make it add up.
Let us remember what austerity did to our country. It left our NHS with a £10 billion repairs backlog. It left nine in 10 of our schools in urgent need of repair, with more than 230 schools with Swiss cheese for roofs, including reinforced autoclaved aerated concrete in the roof of Wood Green school in my constituency. Those pupils deserve so much better; they deserve a decent place to learn. We will make that happen—the Conservatives did not.
When the pandemic struck, our public services were critically understaffed and had received critical under-investment. The result, thanks to the Conservatives’ austerity and cuts, was more than 170,000 excess deaths, putting the UK among the worst in the developed world.
In that period, our precious public sector workers who give their all—nurses, teachers, carers—had their pay frozen or capped for years, leaving the average nurse more than £4,000 worse off than in 2010. The Conservatives left one in 10 workers in insecure employment, including the better part of a million on zero-hours contracts.
The Conservatives’ cuts to social security pushed more families into poverty, which has resulted in 50% of children in my constituency living below the poverty line. That is every second kid—every second door when I walk around the estates that I have the honour to represent. Some 117,000 people are now living in temporary accommodation because of the money the Conservatives took out of the affordable housing building fund that today they seem so very pleased to speak in favour of.
Gregory Stafford
I just wondered if the hon. Lady had any views on stamp duty land tax.
Antonia Bance
I am speaking today about the other part of the motion before us—the part about the unspecified cuts that would pay for the tax cut—and the implications of that. As the hon. Gentleman would expect of a responsible member of my party, I am not going to speculate with plans about how we fund things for which there is no plan.
Going back to the record of austerity—remembering that austerity cost and took out of our economy less than the Conservatives propose taking out in their motion today—it left the bottom fifth of households £517 poorer, while the top fifth gained £174. Austerity did not just deepen inequality; it entrenched it. It led to the longest pay squeeze in 200 years, with growth anaemic, productivity absolutely flatlined and public investment slashed.
My friends at the TUC have worked out—[Interruption.] Yes, they are my friends. I was proud to represent millions of working people. Conservative Members speak about those working people with disdain, but it was an honour to represent them in their workplace and negotiate for better wages on their behalf. Good Conservatives in the past used to understand social partnership and the importance of responsibility and working with workers and bosses to get the best outcome; it is a shame those lessons have been forgotten, with the baying calls of the mob at the mention of trade unions. My friends at the TUC have worked out that if wages had risen in the past decade by the amount by which they rose between 1997 and 2010, the average worker in my constituency would be £93 a week better off—that is nearly five grand a year more in people’s pockets. Instead, we got the longest pay squeeze in 200 years.
Rebecca Smith
I am just perplexed as to where the hon. Lady is going with this. Ultimately, the statistics that she has just quoted would have saved her constituents £5,000, but if the Government do not scrap stamp duty, anybody who aspired to buy a slightly bigger house with that increased income would not be able to afford to do so.
Antonia Bance
To be clear, the point that I am making is about the unspecified cuts referenced in the motion. I am talking about the implications from the last time the Conservatives made cuts of that magnitude. While it may be the case that getting rid of stamp duty would save some money for people in my constituency, where there is an average house price of £190,000, it would by no means have the impact that it would for people in richer constituencies in other parts of the country. The cuts that the Conservatives intend to make to pay for it would, however, hit people in my ends.
Despite all the pain of those years of austerity, it failed to reduce public debt in any meaningful way. That is why our public services were on their knees and we face a mountain of debt that has built up over 14 long years.
Now compare that to our Labour Government, who are steadily and slowly delivering the change that this country needs. We are creating 5 million extra NHS appointments, and the number of people in my area waiting more than a year for the operation that they need is down 45%. Thanks to the investment from our Heath Secretary, crack teams are going into Dudley, Wolverhampton and Sandwell NHS trusts.
We secured three major trade deals in the first 10 months of our Government, and wages went up by more than they did in the first 10 years of the Conservative Government. We are putting in pride in place funding for communities that are hit the hardest, such as Friar Park in my constituency, and £39 billion of affordable housing funding is going to fund new social and affordable homes—the largest amount in a generation. I hope that 600 of those will be in my constituency.
Sir Desmond Swayne (New Forest West) (Con)
The hon. Lady referred to the trade deals—so many more than were achieved under the Conservative Government, she says—but the reality is that those trade deals could not have been made had we not had the Brexit deal that we achieved when in government. What is more, the Labour party opposed that deal. We could not do those trade deals before 2016.
Antonia Bance
One of the key achievements in the first 15 months of this Labour Government has been that we are starting to fix some of the mess from the dreadful agreement that the Conservatives made with the European Union, which undermined this country. We are filling some of the holes, and making it easier to do trade with the European Union and sell brilliant British products abroad. I would have thought that would be something that the Conservatives would welcome.
In summation, we choose national renewal—a Britain built for everyone. We choose a fair economy that rewards working people, invests in our public services, restores dignity to work and rebuilds this brilliant country for every single one of our kids.
Spending Review 2025
Antonia Bance Excerpts(4 months, 3 weeks ago)
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Rachel Reeves
As my hon. Friend is aware, Bexleyheath and Crayford is a part of the country that I know well. It has huge potential for more homes and more investment. We have set a budget for the Department for Transport. We will set out the 10-year infrastructure plan next week to unlock further investment—both public and private—in housing and transport.
Antonia Bance (Tipton and Wednesbury) (Lab)
One of the first pieces of casework that I picked up was from a young woman pushing her two children through central Wednesbury. We moved to the side and she told me that she was in temporary accommodation, and then she showed me the insect bites up her arm. In my council area, there are 21,000 people on the housing waiting list and nearly 550 families in temporary accommodation—awful, substandard bed and breakfasts, from which it takes multiple buses to get the kids to school. Will my right hon. Friend confirm that our share of the £39 billion for council and social housing is coming to Tipton and Wednesbury and Coseley, to the Black Country and to the west midlands to build the homes that our local families need?
Regional Growth
Antonia Bance Excerpts(4 months, 4 weeks ago)
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Darren Jones
My hon. Friend is a brilliant champion for his constituents in Hartlepool, and I thank him for recognising the historic investment that this Labour Government are delivering, off the back of brilliant campaigning from him and other colleagues in the region. The best combined authority mayors are those who work with their Members of Parliament and the communities that they represent. I know that he will make his case to the mayor in his region. Checks and balances are in place in Government to ensure that things are done in the best way, and we will continue to work with him to ensure that this investment under a Labour Government delivers on the priorities of people in his constituency.
Antonia Bance (Tipton and Wednesbury) (Lab)
For so long, Tipton, Wednesbury, Coseley, the Black Country and the whole of the west midlands have been an afterthought. Now our Mayor Richard Parker and the West Midlands combined authority will have £2.5 billion for transport, to unlock desperately needed good jobs and growth across our cities and towns. I hope that the mayor will look favourably on our need for a new roundabout at Great Bridge, to get the traffic flowing to our factories and jobs, as we seek the economic growth that we are prioritising. Does the Minister share my view that the statement starts to put right decades of under-investment in the west midlands?
Darren Jones
I thank my hon. Friend for welcoming today’s historic level of funding into transport, which, as she rightly alludes to, will fix historic failures that other parties promised to fix over many years. She is also right to point to the fact that these transport investments unlock jobs and opportunities for people in the broader region, including in her area, as well as sports, leisure and creative arts opportunities. I know that she will work closely with our brilliant Labour Mayor of the West Midlands to ensure the money is spent on the people’s priorities.
Oral Answers to Questions
Antonia Bance Excerpts(9 months, 1 week ago)
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Antonia Bance (Tipton and Wednesbury) (Lab)
The Exchequer Secretary to the Treasury (James Murray)
The UK carbon border adjustment mechanism will be introduced in 2027. It will ensure that imports face a carbon price that is comparable with domestic products, giving UK industry the confidence to invest without its decarbonisation efforts being undermined. UK steel producers will continue to benefit from high levels of free allowances in the UK emissions trading system until at least the end of 2026, protecting them against carbon leakage via high-emission imports.
Antonia Bance
Newby Foundries and Alucast in my constituency of Tipton, Wednesbury and Coseley have raised with me the impact of the UK CBAM coming into effect later than, and differing from, the EU CBAM. This could threaten domestic steel production and make the export of metal products to the EU more difficult. Can the Minister please support the UK’s steel and metal finishing industries by reassuring me that the UK CBAM will not be weaker than the EU CBAM, and will he meet me and other steel MPs to discuss this?
James Murray
As I have set out, the UK CBAM will mitigate the risk of carbon leakage by placing a carbon price on some of the most emissions-intensive industrial goods imported into the UK, including in the iron and steel sector. The UK CBAM is designed for the UK context, and in some areas, its emissions scope is wider than the EU CBAM—in respect of indirect emissions, for instance. The first CBAM industry working group was held earlier this week, and I understand that a representative of the UK steel sector attended. I will make sure that my officials continue to engage with the industry sectors most affected, and I am very happy to discuss this further with my hon. Friend.
VAT: Independent Schools
Antonia Bance Excerpts(1 year ago)
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Antonia Bance (Tipton and Wednesbury) (Lab)
Thank you, Madam Deputy Speaker. I am honoured to speak for the first time in this House as the Member of Parliament for Tipton, Wednesbury and Coseley. I represent the village of Coseley in Dudley, as well as the towns of Tipton, Wednesbury and Hateley Heath in Sandwell. In the last Parliament, Shaun Bailey was a tireless advocate for this special corner of the Black Country, and I wish him well as he resumes his legal studies.
Let me tell you about Tipton, Wednesbury and Coseley. We are an industrial constituency, shaped by factories, foundries, mines and canals. We have beautiful parks, laid out for the leisure of working people, and civic buildings of grace and gravitas, such as the grade II listed Tipton central library and the 16th-century St Bart’s in Wednesbury. But more than anything, we have the people of the Black Country—creative, ingenious, hard-working and down to earth people like Thomas Barratt. Born in Coseley, he stopped the enemy advance and saved his patrol at Ypres. He was a boilermaker, awarded the Victoria Cross posthumously at just 22.
The workers of Tube Town, the metal finishing capital of the world, went out on strike for two long months in 1913 for a decent wage. They were backed all the way by their wives, heroes in their own right, who somehow kept 25,000 families fed amid near destitution. They won. I am proud to say that their union became my union, Unite. Workers have come to the constituency from Ireland, the Caribbean, Bangladesh, Kashmir and Punjab; they left their homes to provide for their families, facing racism but prevailing, building churches, temples, mosques and gurdwaras, and seeing their children succeed. We are a proud, working-class community. Too often, people have stood in this place and talked our area down. I will never.
Of course, the name “Black Country” is for the smoke of heavy industry; there has been coalmining, steel fabrication, metal finishing, and nail, brick and chain making. We are where the industrial revolution started. James Watt’s first steam engine hauled coal in Tipton, at the Bloomfield colliery. Today, despite everything, a quarter of all workers in our area are still in manufacturing. We may be the Black Country, but modern manufacturing is clean, high-skill and high-wage. In Sandwell, 1,000 firms —with 21,000 jobs—make everything, from street furniture to hinges to locks to the precision metal forming for aeroplanes and power plants. I am proud to wear the “Made in Britain” badge, and to back our new deal for working people.
If we are to have a new industrial revolution here in the UK as we meet the challenge of climate change, let us make it with our hands and our brains, in the place that was the crucible of the first industrial revolution, the Black Country. I stand for no more and no less than this: prosperity for every family. My friends at the TUC worked out that if wages had risen in the last decade by the amount by which they rose between 1997 and 2010, the average worker in my constituency would be £93 a week better off. That is nearly five grand a year more in people’s pockets. In the Black Country, we work hard, but forces bigger than any individual—deindustrialisation, Thatcherism, and the cruel austerity of these last 14 years —mean that good folk there earn less and have fewer chances and fewer choices than people elsewhere.
Fully half of our kids grow up below the poverty line, in infested B&Bs, in homes with damp dripping down the walls, or in flats made for two, but home to three times that. For many, most weeks, the money stretches, just about—until the week when it does not. I want to turn the thoughts of those in this House to the young people in my constituency, almost none of whom go to fee-paying schools. Four in 10 kids in my constituency did not get grade 4 GCSE in maths and English last year. That has to change, and we will change it.
As I stand here today, the obstacles to delivering prosperity, and more than that—comfort, security, leisure—to every worker and every family seem almost insurmountable, but we take heart from our history: from Ernie Bevin, who forged the working-class women and men of the UK into an industrial machine that, from a standing start, equipped our country for victory. In my area, those in saucepan factories made grenades, and car makers built the machines to defeat fascism. That is a reminder that once we turn our minds to something, the ingenuity and drive of the British working class can rarely be equalled. It is for us, here, to set it free.
I will always stand against decline and for progress. After all, I grew up in a world where people like me could not get married, but now our beloved daughter has both her mothers’ names on her birth certificate. To believe in progress is to believe that once again this country can work for working people. It is time, Madam Deputy Speaker, so my final words are to the people of our towns. Tipton, Coseley, Wednesbury, Hateley Heath: I am here to serve you always.