Budget: Taxes and Borrowing Debate

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Department: HM Treasury

Budget: Taxes and Borrowing

Baroness Kramer Excerpts
Monday 4th November 2024

(4 weeks, 1 day ago)

Lords Chamber
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Lord Livermore Portrait Lord Livermore (Lab)
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My noble friend is absolutely right in what he says. We faced a £22 billion black hole at the heart of our public finances, which we had to take steps to address. We also faced promises for compensation payments, which the previous Government had completely failed to put a single pound behind, and we had to repair public services simultaneously. In the process, though, we kept every single one of our manifesto commitments to restore stability, invest in our public services and protect working people.

Baroness Kramer Portrait Baroness Kramer (LD)
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My Lords, the Budget basically ignored social care providers, even though the sector is on its knees and taking the NHS with it. Will the Minister take seriously the need to exempt care providers from the increase in employers’ NICs?