Budget Responsibility Bill

Caroline Nokes Excerpts

2nd reading
Tuesday 30th July 2024 Commons Chamber

[Mr Luke Charters (York Outer) (Lab)]

Thank you, Madam Deputy Speaker, and congratulations on your elevation to the Chair.

I am proud to stand here as part of a changed Labour party that won the public’s trust on the economy. I am so glad that we did, because we would otherwise still be at the behest of those on the Opposition Benches, who did so much to damage the public’s finances. My constituents paid the economic price for their economic incompetence—the £22 billion black hole uncovered yesterday is just one example. Ultimately, that is why the Opposition paid the price at the ballot box. The people of York Outer and this country resoundingly sent a message at the general election: never again!

If anyone needs reminding why, they should take themselves back to 23 September 2022, when we had £45 billion of unfunded tax cuts, with no consultation with the OBR. The pound fell below $1.09 for the first time since 1985. The central bank had to undertake emergency liquidity operations by purchasing long-dated gilts. Banks and building societies entered into a chaotic spin, with fixed-rate mortgage products being pulled—at one point, over 1,000 products were withdrawn in a single day. As the former Member for South West Norfolk once said, that is a disgrace.

Amidst all the chaos, there is a simple point: the mini-Budget did not meet the needs of the British people. Let us take some of the businesses that closed in the dying embers of the last Government. A music shop believed to be the oldest in the UK closed only a few months after the mini-Budget. Banks Musicroom had been in York since 1756, but ultimately market conditions saw it shut down in early 2023. The stationery company Thomas Dick, in Clifton Moor, which closed earlier this year, had been open 90 years but faced chaos and supply chain issues that left it no longer viable.

The decisions we make in this place have real consequences, and the impact we can have on people is very real. Before my election to this new role, my friend the Mayor of York and North Yorkshire ran a small business on our high street. I remember him talking just before the mini-Budget about what the impacts might be; he warned just how dangerous the mini-Budget would be, and he was right.

But it is not just about the impact on businesses. Last weekend, I visited Hoping Street Kitchen, a fantastic volunteer-run project that helps homeless people and those facing poverty across York. I was deeply inspired by its volunteers, sense of community and unwavering commitment to improving the lives of others. A volunteer told me first hand how crumbling public services, a lack of affordable housing and long mental health lists have created an unimaginable crisis. The project has gone from providing 30 to 40 meals a week during 2021 to providing 100 a week in 2024.

That is why it is critical that we implement our national mission to rebuild public services, build more homes and offer more NHS appointments. But it is also why I am speaking in this debate: this Bill is so important because it is the only way we can grow those public services with a stable economy. We saw yesterday just how difficult that challenge will be, which is why we must protect our economy now.

The Bill respects our institutions, rather than undermining them, and a prime example is how it gives real oversight to the Office for Budget Responsibility. It also includes provisions for the Treasury Committee to have a greater say in key fiscal moments. However, with the heightened responsibilities that the Bill gives the OBR, we need to think about the most effective ways in which the OBR could be properly scrutinised by Parliament, and the Bill could make more specific provisions on the Treasury Committee’s scrutiny role of the OBR. This week, I met the team from the Institute for Government that authored a report earlier this year on how Select Committees can better hold regulators to account. I commend that report, and I would welcome a debate on how this place best scrutinises the OBR.

What the Bill really protects against, however, is knee-jerk reactions and fantasy Budgets. If we are to get the growth we so badly need, we must behave like an established economy, not an emerging one that came out of the mini-Budget. That is why the Chancellor’s presence at the G20 over the weekend and her warm words about Britain being open for business are so important. If we can fix the lamentable legacy that the Conservative party left, we will have real cause for optimism. I was pleased that the right hon. Member for Godalming and Ash (Jeremy Hunt) commended the work of the OBR in his first speech as shadow Chancellor, but it felt somewhat jarring for him to flippantly suggest:

“We all understand the politics of a Bill that allows the Government to make endless references to the mini Budget”.—[Official Report, 22 July 2024; Vol. 752, c. 408.]

George Orwell once said:

“The secret of rulership is to combine a belief in one’s own infallibility with a power to learn from past mistakes.”

The Conservative party clearly has some way to go in that regard, but under this Government the green shoots of economic recovery are already starting to show. We may have inherited a particularly difficult situation, but the evidence of stable markets and an increase in the pound show the confidence in the security that this Government bring. After all, I made it clear in my maiden speech how welcome it is that the country has some good Yorkshire representation in No. 11, embodying the value of frugality.

We know there are tough decisions to make, and we are not hiding that from the British people: just take yesterday as a prime example of our approach. This Bill seeks only to offer greater transparency over decision making and it treats taxpayers’ money with respect. That is why I am proud to sit on the Government Benches, and it is why the people of York Outer can be confident that this is a Government that will serve them well.

[Madam Deputy Speaker (Caroline Nokes)]

I call Yuan Yang to make her maiden speech.

[Yuan Yang (Earley and Woodley) (Lab)]

First, I would like to congratulate my fellow Members on their wonderful maiden speeches. My hon. Friend the Member for York Outer (Mr Charters) made remarks about budget scrutiny that I agree with. My hon. Friend the Member for Wirral West (Matthew Patrick) spoke cinematically of his peninsula and about the role of reason in political debate. My hon. Friend the Member for Kettering (Rosie Wrighting) and I seem to share a birthday week, and I very much welcome the diversity of generations we see across the Chamber. The hon. Member for Ynys Môn (Llinos Medi) spoke powerfully about her experience of homelessness; I am glad to hear such testimony in the House today. I share a predecessor with the hon. Member for Maidenhead (Mr Reynolds); he displayed an exemplary knowledge of railway bridges, and we share concerns about Sonning bridge and the congestion on it.

I welcome you to your place, Madam Deputy Speaker, and thank you for calling me in this debate on budget responsibility. During the Minister’s remarks, I strained to find a joke to make about national accounts, but I deemed that it would be too much of a liability. I then considered making a joke about fiscal take, but I thought that was too taxing. I assure you, Madam Deputy Speaker, there are no more jokes about economics in my speech. Joking aside, I first became engaged in politics while studying economics 16 years ago, and I very much welcome a change in the way that we manage our economy.

I am proud to stand before Members today representing my home constituency of Earley and Woodley, a new seat on the east and south of Reading. Most of the households in my constituency have never been part of a Labour seat, so for many residents I am their first Labour MP in history. I will work hard continuously to earn the trust of every one of my constituents, although it may be some time before I win over the former Member for Maidenhead, Theresa May.

I want to thank four of my predecessors. My hon. Friend the Member for Reading Central (Matt Rodda) is well loved by his former constituents in my seat. His hard work, alongside the work of his predecessors and our Labour group on Reading borough council, connected the Elizabeth line to Reading.

My other predecessors have retired from the House of Commons. For Theresa May, that retirement is extremely well earned. She stepped up to lead our country at a time of crisis, proving the maxim that it takes a woman to clean up the mess the men have left behind. Even at the height of her national responsibilities, she was always present and well respected in her constituency. John Redwood, the former Member for Wokingham, was a man of conviction and authenticity. I respect that very much in a politician, even though I do not share many of his convictions. Finally, Alok Sharma, the former Member for Reading West, displayed international leadership, convening crucial climate talks as the President of COP.

For the first time in history, we now have three constituencies in Reading and, what is more, three Labour MPs. Earley and Woodley has become a new constituency because of the families who have chosen to settle there, moving out from central Reading, London, the rest of the UK and, indeed, the rest of the world. It is a success story for house building as well as for multiculturalism. It is a beautiful area, stretching from Sonning, on the banks of the Thames, to Shinfield, on the banks of the Loddon. In Earley, my family and I live within dog-walking distance of four lakes and woodlands. I want to ensure that future generations have access to nature and to affordable housing, because both have been under threat for too long.

Sonning has a long history, featuring in the Domesday Book, but most of the area in my constituency has been built more recently. After the first world war, Reading contributed to the national campaign to house returning soldiers, by building homes in Whitley and Whitley Wood. The area is now home to Reading football club. There is high-flying history in Woodley, too, which produced aircraft during the second world war.

Most of the houses in Earley, including my own, were built from the 1960s onwards. At one point in the 1980s, the area was the largest housing development in Europe. Shinfield parish, which covers Spencers Wood, Three Mile Cross and Grazely, has had the most recent developments. Alongside Shinfield Studios, the largest new film studios in the UK, we have the Shinfield Players, a community theatre.

However, our constituency is not without its challenges. In many parts of the constituency, the building of infrastructure has not kept pace with the needs of residents, and we need a new Royal Berkshire hospital. We need to ensure that new investments benefit local people. We face deprivation, too, and I will support our grassroots community organisations to work alongside local authorities on regeneration. For those living in our new builds, reform of the leasehold system is much needed, and I look forward to working on all these points with our new Government.

At the heart of my constituency is the University of Reading, which does world-leading research into climate science and meteorology. We are also home to the European Centre for Medium-Range Weather Forecasts. Now, there has been much competition in the debate this afternoon about who has the sunniest constituency. Although my constituency may not enter that competition, it surely holds the power to adjudicate the winner.

The research prowess of the University of Reading, as well as the Thames valley cluster of science and technology giants, has made our area prosperous as well as diverse. We are proud of our diversity; our diversity makes us stronger. Yet there are those who seek to divide us and to weaponise our country’s problems to turn us against ourselves. It is clear that we face many problems and that the politics of the past has failed to deliver, and in conversations with residents I have heard again and again the despair that has crept into our democracy, but I fundamentally believe that our democracy is worth fighting for.

I was born in 1990 in China, a country without the right to vote. Three decades later, another crackdown on democracy has led to hundreds of thousands of Hongkongers seeking refuge in the UK. It is never easy to leave your home or to move countries. I came here with my parents as a four-year-old and it took them many years to find stable work. I still remember my mother, the evening before I started secondary school, telling me, “Don’t compare yourself to the other kids. Their families have money and connections. We don’t and we don’t know anyone in this country.” As a 10-year-old, I did not know what having connections meant, but I did learn not to compare myself to the other kids, and I think that my mother’s advice has stood me in good stead.

I thank my parents very much for supporting me throughout my campaign, and I feel lucky that we call Earley and Woodley our home. To all those families arriving here, wherever they are from and wherever they started off in life, I want to say that wealth or connections should not be a prerequisite for your children’s success. I am proud to be part of a Labour Government who will do our utmost to break down the barriers to opportunity.

I joined the Labour party after university, because I saw opportunities drying up for my generation. I studied economics during the financial crisis and graduated during the onset of austerity. While studying my masters in economics, I realised how much economic debate had become detached from the real-world crises around us. With fellow students, I set up Rethinking Economics, a charity that campaigns for better economics education.

I have spent most of my career trying to make economics and business news engaging and accessible, starting at The Economist and then spending eight years at the Financial Times, where my colleagues taught me so much and supported me so well. I will miss them, but in the words of Cynthia Freeland: “I fully understand that I am now no longer part of the pack, but part of the prey.” And so it should be in a democracy with media freedoms—although less bloodlust would be welcome across this House, I am sure.

I have worked in places without media freedoms. I have interviewed labour activists, protesters and fellow journalists who gave up their own freedom for their causes. Some are still in jail today. When I stood for election, some of my friends told me I was brave, given the abuse and violence against women and girls in our society and in politics, which I have suffered and which we must address, but I think I would be lucky to have a fraction of the bravery of some of my former interviewees. Their determination makes me even more determined to defend and improve our democracy, which has to be constantly renewed through our actions.

Our democracy has to be renewed through reform—through empowering our communities, widening participation in democracy and ending the corrupting influence of money in politics. Our democracy also has to be renewed through delivery—through building a fair economy that can support people. It is my greatest honour to be part of a Government that will do both.

[Madam Deputy Speaker (Caroline Nokes)]

I call Euan Stainbank to make his maiden speech.

[Euan Stainbank (Falkirk) (Lab)]

I pay tribute to my hon. Friend the Member for Earley and Woodley (Yuan Yang), especially for her commitment in her career before coming to this place to economics education and journalism, a noble profession and one that is critical in today’s world. I thank all hon. Members across the Chamber who have given their excellent maiden speeches, and I pay tribute to the parliamentary staff and the Speaker’s Office, who have been utterly exemplary in introducing new Members to our roles over the last few weeks.

It is the honour of my life to be elected for the Falkirk constituency. Falkirk is my home: it is where I was born, where I grew up and where I have spent the vast majority of my adult working life. The name for those from Falkirk is “Bairns”, or “the Bairns”, and the historical understanding is that true Falkirk Bairns are those born within the boundaries of the old borough of Falkirk, as I was—and here I will beat my hon. Friend the Member for Kettering (Rosie Wrighting) and the hon. Member for Maidenhead (Mr Reynolds)—27 days into the new millennium. As my partner Innes told me on the night after the election, if it turns out I did not get here early enough to be the Baby of the House, I can be proud enough to be the Bairn of the House.

I pay tribute to my predecessor John Mc Nally for his nine years of service to the people the people of Falkirk and to his office staff. I also thank John for his 10 years prior to that serving the people of Herbertshire and Denny and Dunipace on Falkirk council. I first spoke to John last month, when he popped by an event hosted by the Forth Valley Sensory Centre and the Royal National Institute of Blind People Scotland on the very important topic of town centre accessibility with all the candidates vying for the Falkirk seat. The stories I have heard about John from those in the Forth Valley Sensory Centre, as well as throughout the community, show him as a caring and passionate representative, always ready to lend a hand to anybody in need. I wish him well in future.

Accessibility is a cause that I am passionate about. How accessible our streets are can often be the difference between somebody being forced to stay home or being able to access their community. I encourage all hon. Members, especially Scottish Members, to read the RNIB report “Street Credibility: making Scotland’s streets accessible for people with sight loss”, an excellent guide to how we can use our role to make streets safer and easier to access for everyone.

I would like to take hon. Members through my constituency and the towns, villages and estates that make it up. We start with the Braes villages where my grandfather John and my late grandmother Janet are from, Limerigg and Slamannan. Across the Braes there is also Avonbridge, Standburn, California, Shieldhill and Whitecross. As we travel north down the Braes we get to Maddiston, Brightons, Rumford, Redding, Reddingmuirhead, Wallacestone and Polmont. As we go through Westquarter and Laurieston, the tops of the Callendar Park high flats peek out as we enter the town of Falkirk and the Falkirk South ward that I was honoured to represent for the last two years.

Surrounding the town are the estates of Hallglen and Lionthron, Bantaskin, where my mum Susan was raised, and Tamfourhill, where she first lived. Up north, past the stadium and the Kelpies, we find Middlefield, New Carron, Bainsford and Langlees. To the west, we pass through Camelon, where the Union and Forth & Clyde canals bisect at the famous Falkirk wheel, towards Bonnybridge, Dennyloanhead, Head of Muir, Greenhill and the Carron valley, where we find the town of Denny and the villages of Dunipace, Banknock, Longcroft and Haggs.

As my hon. Friend the Member for East Renfrewshire (Blair McDougall) stated in his maiden speech today, and as many others in the Chamber have said, it is our people who make our communities. Those wonderful communities host most of my family and friends. When my dad Duncan made Scotland his home in 1992—I know my hon. Friend the Member for Glasgow North (Martin Rhodes) said in his maiden speech that he moved in the same year—both he and my mum Susan, a Falkirk native, wanted a community that I and my brother David would feel we could call our home for life. I am proud to represent my constituents in this place, but even prouder that I am representing my neighbours.

We will all be better off under a Government who seek to unite and serve, rather than a Government who seek to divide. I know that this Labour Government will serve the people of my constituency better than we were served before. Prior to politics, my experience of service was earned in the hospitality sector: from the age of 16, I was pouring pints and serving tables at hotels and restaurants; even earlier than that, I was running a match-day kiosk at Parkhead.

I swiftly moved on from the latter job—the only place to be at 3 pm on a Saturday is the Falkirk stadium, the home of the Invincibles. This year, Falkirk football club became the first non-Glaswegian men’s team to go unbeaten for an entire league season in Scotland since the 19th century. I am looking forward to welcoming the sizeable number of Jambos in the Scottish parliamentary Labour party to our league cup fixture on 17 August, when I am hoping we can bring back memories of when we ended their invincible tilt in January 2015. [Laughter.] It was a bit niche, that one.

Not everybody has recognised the value of my experience in the hospitality industry, as a recent online comment from a detractor illustrates:

“Euan can’t be the MP, that’s the boy who used to work at that tapas place.”

I humbly thank the people of Falkirk for electing the boy, who—prior to my entry into politics two years ago—did indeed work at Christie’s Scottish Tapas in Falkirk, the well-deserved winners of the Scottish restaurant of the year award in 2024. I went back to Christie’s on the day after the election to celebrate in the best way possible, in the heart of Falkirk’s town centre. If any Member is planning a visit to the stunning Kelpies in Helix Park, the one-of-a-kind Falkirk wheel, the historic Callendar House estate or the newly restored Rosebank distillery—and I suggest they do all four—I strongly recommend a subsequent refreshing trip to one of Falkirk’s incredible cafés, restaurants and bars. Among the highlights are Christie’s Scottish Tapas, Behind the Wall, the Sanam Tandoori, Finnegans café and the Wheatsheaf Inn, which are even harder to avoid than the restaurants in Carshalton and Wallington.

Both my trip to my old bit on the day after the election, and my online detractor declaring my electoral incompatibility based on my pint-pouring past, reminded me that the service provided by those working in hospitality is not properly valued by all of us who use it. If our feet are still sore from canvassing, I know at first hand that that is nothing in comparison to the shift people put in cooking, cleaning and serving, day in, day out. If anybody in this Chamber thinks it is all just so easy, I recommend that they fasten their apron, get behind the cooker and get ready for the lunch rush.

On behalf of hospitality workers, the most important message that I can pass on is “Make sure we are paid properly.” The experience of hospitality workers, who often deal with low pay and insecure work despite their work ethic, displays the fundamental reasons why Labour’s new deal for working people, manifested in the forthcoming employment rights Bill, matters so much. Despite servicing the essential elements of our economy and our communities, substantial parts of our working population are being told, when they look at their payslip, that their work does not matter.

The same impression is felt acutely by those working in the public sector—our teachers and school staff, NHS and social care workers, refuse collection workers and now especially college lecturers and staff, such as those at Forth Valley college in my constituency. I welcome the significant pay offer that this Labour Government announced yesterday; I encourage the Scottish Government to use any consequential funding that will flow from it to settle the disruptive and long-standing disputes and give Scottish public sector workers the pay rise that they deserve.

For far too long, age-discriminatory bands have indicated to young workers that their time is worth less than anybody else’s. We have had a relatively stagnant minimum wage that does not reflect the spiralling cost of living; zero-hours contracts, which I have worked on; and fire-and-rehire practices that prevent workers from having control over their lives. Those are all things that this Labour Government will change emphatically for the better.

As one of the first Members to be born in this millennium, I share and echo the concerns set out in other Members’ maiden speeches about the low turnout across the country, but especially the consistently low turnout among young people. Many young people have spoken to me on the doorstep about how they feel alienated from politics and are losing trust in politics as a route to positive outcomes.

This disconnect should not exist. As a councillor, I spoke to so many passionate young people with bold and exciting ideas about how to change their communities for the better. I want especially to mention the young people at the Falkirk Youth Voice forum, the Scottish Youth Parliament Members for the constituencies of Falkirk East and Falkirk West, and the Falkirk Champs Board, all of whom I have worked closely beside. I was honoured to be invited to participate in a panel discussion last Tuesday that was hosted by the Duke of Edinburgh scheme; I draw hon. Members’ attention to its Youth Voices 2024 study, which explores the issues that matter most to 3,000 young people from across the UK.

Work like this can be a road map to using our time here to make young people believe in politics as a force for good again. The starting place to mending this bridge is having representatives who listen to young people and work with them for better outcomes. Votes at 16 will be a substantial step in the right direction: I look forward to their being introduced in due course by this Labour Government.

We must also make young people’s priorities our priorities and clearly show ambition for our future when tackling issues such as the cost of housing, the cost of living, mental health, the climate crisis, the moral stain of child poverty, and the NHS. While many young people understand that we must efficiently progress our progressive economic agenda, they deserve to see substantial progress by the end of this Parliament. I look forward to further credible plans being put forward by this Labour Government to make sure we can tackle those issues. I am especially looking forward to the first Labour Budget in the autumn, when I will work tirelessly on behalf of the people of Falkirk, advocating to see us permanently and sustainably end the cruellest policies enacted during the past 14 years. As the people of Falkirk demanded change at this election, the young people of Falkirk, Scotland and the United Kingdom demand that they now see change. I will use my seat and my voice to champion them.

[Madam Deputy Speaker (Caroline Nokes)]

We now come to the Front-Bench contributions.

Budget Responsibility Bill

Caroline Nokes Excerpts

Committee of the whole House
Wednesday 4th September 2024 Commons Chamber

Simply put, it is now my job to ensure that communities such as Southend East and Rochford are vibrant, dynamic, stable and welcoming. When we talk about the public finances, as we are in Committee today, we should all bear that in mind. Our economy will be strongest if we can fulfil the potential in every corner of the country, including on the esplanades of Southend and in the town centres of Rochford and Southend—places that have so much to contribute to our economy and our culture, yet too often have been sidelined. I look forward to representing my constituents in this House. I look forward to contributing to future debates about our economic future, and I look forward to contributing to many other discussions.

[The Second Deputy Chairman of Ways and Means (Caroline Nokes)]

I call Will Forster to make his maiden speech.

[Mr Will Forster (Woking) (LD)]

Thank you, Ms Nokes, for giving me this opportunity to make my maiden speech. Before I do, I pay tribute to the hon. Member for Southend East and Rochford (Mr Alaba), who spoke of his and his constituency’s proud military past. I am sure that he will see his constituency through these tough challenges and on to a brighter future.

It goes without saying that it is a great privilege and an honour of a lifetime to be here, having been elected by the people of Woking. I thank them for electing me as their Member of Parliament. However, I must begin by addressing the Bill and severe crisis facing my local authority, Woking borough council. Despite being relatively small, the Conservatives left Woking with more than £2 billion of debt following risky investment decisions. This legacy is one of negative equity, service cuts and unsustainable debt repayments. It could be argued that the Conservatives in Woking invented Truss economics before the former right hon. Member for South West Norfolk had her small stint as Prime Minister. What has happened in my constituency shows why the Bill is so important. I fear that, without support from the new Government, the situation in Woking, like the rest of local government, will only worsen. My constituents will suffer the most, and that is unacceptable when it is not their fault. I urge the Government to step in and provide the assistance we so desperately need to ensure that my community can recover and thrive.

Most people might think of Woking as a modern constituency, but it has a rich history that stretches back through the centuries. Woking was mentioned in the Domesday Book. Sutton Place, famous for being the former home of Paul Getty, dates from 1525, and is one of the oldest unfortified houses in the country. Woking palace—now sadly a ruin—was a royal residence for both Henry VII and Henry VIII. As a result, Woking football club, my local team, is affectionately known as the Cards, after Cardinal Wolsey.

Several Acts of Parliament have had an especially profound impact on Woking. For example, the Basingstoke canal was authorised by Parliament in 1778. The canal runs through much of Woking constituency. It has shaped our area, and is a popular cycling and walking route and a haven for nature. But like so many places in the country, Woking as we know it today was shaped by the railways. With steam, stone and iron, Woking was cast into the proud town it is today. In the mid-1800s we laid the foundations to become the great commuter town we are.

Woking is also a wonderfully diverse and welcoming place, home to the Shah Jahan mosque, the oldest in the country. A vibrant Muslim community has developed in the town as a result. More recently, we have welcomed Ukrainian refugees, and I attended many events to support our new Ukrainian residents with my predecessor, our former MP Jonathan Lord. That was a powerful example of cross-party co-operation, and I thank Jonathan for his service as Woking’s MP, especially on this humanitarian issue where there was no disagreement whatsoever. Although we were opponents at the last election, I wish him and his family well for the future. Woking’s MP before Jonathan was Humfrey Malins, who founded the Immigration Advisory Service in 1992, which to this day provides free asylum and immigration advice to those who need it. He got a CBE for his work. Woking has a proud history of electing MPs who welcome immigration, and I am pleased to follow that tradition.

Our town is also known for its connection to McLaren; it hosts its Formula 1 team and luxury cars are built there. I was privileged to make a visit only yesterday. As a young child of around 11, I remember watching with excitement as McLaren toured the town with its Formula 1 cars, driven by Mika Häkkinen, to celebrate their success. McLaren is winning again, much like the Liberal Democrats.

The town also takes great pride in being home to the World Wide Fund for Nature. We have pressing issues, such as sewage in our rivers and the fight against climate change. I am already working alongside the five other newly elected Liberal Democrat MPs in Surrey to hold Thames Water to account for sewage dumping in our local rivers and streams. One of my first acts as an MP is to bring all the surrey MPs together to meet Thames Water to petition it for improvements and a better service.

Woking is fortunate to be surrounded by green spaces. I love walking my dachshund Toffee on Horsell Common, where HG Wells famously landed his aliens in “War of the Worlds”. So it was not a great surprise when Ed Davey’s Liberal Democrats turned up and started campaigning with their out-of-this-world stunts. Of course, I’m only “woking”—I wouldn’t dare call my Liberal Democrat colleagues aliens.

Getting back to the matter at hand, my constituency has a much-loved local hospital, Woking community hospital. Despite feeling like I was born and bred in Woking, I was not actually born in the constituency. Actually, no one has been born in a hospital in Woking for generations. I was born in Frimley Park hospital, one of the nearby hospitals we depend on, as Woking lacks maternity services. However, Frimley Park is plagued with RAAC—reinforced autoclaved aerated concrete—and its future is far from certain. I will work with my hon. Friend the Member for Surrey Heath (Dr Pinkerton) to press the Government for a solution to rebuild Frimley Park hospital.

Another major issue is the cost of rent and mortgages. As someone under 40—just—I understand these issues deeply. They have been raised consistently by local people on the doorstep. The increased cost of mortgages and rents in the past two years is a further reason why the Bill is so important.

My journey into politics began because of Surrey county council’s failure to protect vulnerable children. At the time, it was rated the worst county council in the country because of that failure. We cannot allow vulnerable children to be failed again.

The wider theme of why I was elected, and indeed why so many of my hard-working Liberal Democrat colleagues have been elected, is that we understand our communities’ local issues. I have worked for 15 years in local government and served as deputy leader of Woking Council. I have seen first-hand the crippling issues that some councils face. When I look at the faces of the Liberal Democrat MPs here, I see people who have worked hard in local government for years. What a glorious theme for this new Parliament: a cohort of 72 who understand the local issues our communities face, and a force for good in the country and in the Chamber when we need it most.

[The Second Deputy Chairman of Ways and Means (Caroline Nokes)]

I call Jake Richards to make his maiden speech.

--- Later in debate ---

Let me end by saying that I will work every day in this place to do my utmost to tackle the forces of division and darkness during my time here, and to do my bit to bring people together, because after all, as Jo Cox told us, we have more in common than that which divides us.

[The Second Deputy Chairman of Ways and Means (Caroline Nokes)]

I call Clive Jones to make his maiden speech.

[Clive Jones (Wokingham) (LD)]

Thank you very much for calling me, Madam Chair. I congratulate the hon. Member for Rother Valley (Jake Richards) on his very interesting speech—I learnt an awful lot about his constituency. I have also learnt a lot today about Southend East and Rochford, Portsmouth North and Swindon North, and especially about my colleagues, my hon. Friends the Members for Woking (Mr Forster) and for Chelmsford (Marie Goldman). I actually knew quite a lot about them before, but it was nice to hear some more. I particularly liked the speech from the hon. Member for Loughborough (Dr Sandher), who suggested that the Minister might like to get his chequebook out. Let me say to him, “If you are getting your chequebook out, I would like you to spend some money for the constituents of Wokingham.”

Members on these Benches have a strong sense of social justice. This comes to us from many directions during our lives. Fifty years ago, I had an inspirational social and religious studies teacher, John Featherstone, to whom I am grateful for helping to instil these values in me. This sense of social justice will, I hope, guide me during my time in this House. I am very pleased that John is up there in the Gallery today.

It is a pleasure to represent the constituency of Wokingham, whose boundaries somewhat changed at the last general election. I would like to pay tribute to my three predecessors, who each represented part of the constituency. From James Sunderland, the former MP for Bracknell, my constituency inherited the parishes of Finchampstead and Wokingham Without. I always found James approachable and straightforward, and I understand that his constituents found the same.

Sir John Redwood was the MP for the former Wokingham constituency for a remarkable 37 years—a tremendous stint of public service—during which he had a profound influence on public policy. He served in Margaret Thatcher’s Government as a junior Minister, and in John Major’s Cabinet as Secretary of State for Wales, where he is best known for his enthusiastic miming of the Welsh national anthem.

The wards of Thames and Twyford were represented by Theresa May—now Baroness May of Maidenhead—for 27 years. She was a dedicated public servant who served as Home Secretary and Prime Minister. She also has a well-deserved reputation among her former constituents, who hold her in high regard and talk about her warmly, with affection and with much respect. Although our politics are different, I wish all of my predecessors well in their future endeavours.

It is an honour and a privilege to be elected to represent the people of Wokingham, where I have lived for much of the last 50 years. I went to school there, and my children went to school there. They were born in the nearby Royal Berkshire hospital, where I am proud to be a governor. It is also the hospital where doctors found my cancer in 2008 and began my successful treatment. In 2016, they were there to help me again, and diagnosed a need for a quadruple heart bypass. Without the Royal Berkshire hospital, I would not be standing here today. Our NHS staff are wonderful, and clinicians at the Royal Berkshire hospital deserve all the praise that is heaped on them by my constituents.

Today we are debating the Chancellor’s Budget Responsibility Bill. In a previous debate, she announced the pausing of the new hospital building programme, which included the Royal Berkshire hospital. Parts of the building date back to 1839, and staff have to work in offices where the windows do not open, and they regularly have to walk around buckets that are there to catch dripping rainwater. I must repeat my plea to both the Chancellor and the Secretary of State for Health and Social Care for a speedy decision as to when the much-needed rebuild of our beloved hospital will happen.

If I may, Madam Chair, I would like to give you a short tour of the Wokingham constituency. In the north is the world-famous Henley regatta course at Remenham and the very successful Leander rowing club—one of the most successful sports clubs in the world. I was delighted that the former Prime Minister chose to visit the Leander Club during the recent general election, and even more so that his visit coincided with a boat trip that I and my hon. Friends the Members for Henley and Thame (Freddie van Mierlo) and for St Albans (Daisy Cooper) were making to highlight the dumping of raw sewage into our waterways. It was fun to wave at the Prime Minister from that beautiful stretch of river, and the media all seemed to enjoy it as well.

Wokingham has wonderful, picturesque villages. Wargrave was first recorded in 1061 and features in the Domesday Book. The village of Twyford dates from 871, when Alfred the Great’s army escaped Viking pursuers by crossing the River Loddon. Wokingham has a thriving and growing brewing sector that is establishing great reputations among beer lovers, including the Loddon brewery, the Elusive brewery and the Siren brewery. The Stanlake Park wine estate in Hurst is one of the oldest wine producers in England.

The Chancellor will know that our town centres and village centres, like many others in the UK, are finding life difficult. The cost of living crisis created by the previous Government continues to limit people’s spending power, and online competition is ruthless. Business rates are a huge issue for our local retailers, who make our high streets the great places they are, and I do hope that the Chancellor and Ministers will look into the reform of business rates at the earliest opportunity.

Wokingham town received its market charter in 1219. I thoroughly recommend the market, especially the fruit and veg stall and the fishmonger. My wife likes me to buy flowers for her from Darren’s flower stall. She says they last longer than any supermarket flowers. Using this market is good value for money and it is an important part of our local character.

Today, the constituency is gaining a reputation as a home for life sciences businesses. I was pleased, when leader of the council, to be involved in the early stages of discussions with Lonza, a Swiss public company that will be investing several hundred million pounds in the constituency over the next few years.

Wokingham has many charities in which volunteers work hard to improve the lives of our residents. I will mention just a few: the Wokingham food bank, First Days, Wokingham in Need, Building for the Future, Citizens Advice, Age UK Berkshire, Wokingham United Charities and the Cowshed. The dedication and hard work of the volunteers in these charities and many others is truly inspirational.

In the southern part of the constituency, in Arborfield, there is a former Royal Electrical and Mechanical Engineers garrison, with which the town had an important relationship for many years.

John Walter, a newspaper editor and politician, and the son of the founder of The Times, lived on the Bearwood estate. He was a Whig MP for the county of Berkshire before 1832—early beginnings of what I hope will become a long-standing tradition in our area.

Madam Chair, from your chair you must be thinking that this 59th Parliament has so many young faces, and I hope you will be including me in that category. I bet you are wondering, “What is his secret?” It is very simple: I worked in the toy industry for many years, running manufacturing and importing businesses. Playing with toys every day for the last 30 to 40 years is what makes me look so young. Our toys made many young people and their parents happy. I am hoping to be just as successful in my second career, helping the people of Wokingham to improve their lives. If I can achieve this, I will have had two worthwhile careers.

Finally, I am grateful to the many people—in particular, my family and friends—who have helped me in my campaigns to be elected to the House of Commons, some of whom are in the Gallery today. Wokingham has never before elected a Liberal Democrat MP. I will work tirelessly to represent my constituents and I will endeavour to make them feel recognised and supported. I come here idealistic and hopeful, hoping that we can make the public feel the same about our institutions, and I want to ensure that we do them justice on these battered but far from broken green Benches.

[The Second Deputy Chairman]

I call Sonia Kumar to make her maiden speech.

--- Later in debate ---

[Ellie Chowns (North Herefordshire) (Green)]

I pay tribute to the hon. Member for Dudley (Sonia Kumar) for her excellent maiden speech. Indeed, we have heard more than half a dozen excellent maiden speeches today, several of which touched on the climate crisis and the future of children in our country, themes that relate to my amendment. I was touched to hear the passion with which all the new Members spoke about their experiences and commitments.

My amendment 5 requires the OBR to report on the impact of fiscally significant measures announced by the Government on the UK’s statutory net zero target. The justification for my amendment is that we simply cannot separate the economy and the climate—they are interlinked. To deliver the green economic transformation that we so urgently need, as referenced by hon. Members speaking earlier, every single policy must be aligned with the UK’s net zero target and every Government spending decision should be as well.

It makes sense to increase the OBR’s remit on net zero to specifically consider the impact of climate risks on economic stability, and how far policies introduced at fiscal events will reduce or increase these risks. Fiscal events, namely Budgets and spending reviews, lock in what is happening in our economy for years to come, even generations, so it beggars belief that they are not properly taking account of climate impacts. Whether those policies are spending on new roads, subsidies and tax breaks for oil and gas, investment in renewables infrastructure or giveaways like a freeze on fuel duty, they all have direct impacts on the UK’s prospect of meeting our net zero targets. Those impacts should be made clear and considered explicitly in the policy-making paper. We need to be thinking about the impacts of today’s economic policies on the prospects for future generations.

The costs of failing to take an approach that considers climate impacts are eye watering. A 2022 report by the Grantham Institute found that climate change damages to the UK are projected to triple by 2050 and more than double again 50 years later, so climate prudence and fiscal prudence are one and the same thing. Given that the OBR’s main duty is to assess the health of the UK economy and the sustainability of its public finances, it needs to be charged with assessing whether fiscal events are reducing or increasing climate risks to the economy.

Bringing net zero into the OBR’s mandate is consistent with the Government’s five missions. Indeed, in announcing its clean energy superpower document, Labour said that it will add net zero mandates to all relevant regulators that need it. I would argue that the OBR is a relevant regulator that needs a net zero mandate. That is why I am proposing this probing amendment today. As other Members have mentioned, it would also represent increased transparency around how fiscal policy choices are impacting the UK’s progress towards our net zero targets and help ensure that future Governments also consider that.

It is also an important stepping stone towards a net zero test, which would assess the aggregate climate and nature impact of every fiscal event. Again, this is something that Labour committed to in opposition. In his winding-up remarks, will the Minister comment on whether he is able to ensure that this test is integrated into the legislation that he is proposing?

I hope that Labour will use this opportunity to commit publicly to introducing a net zero test in Government, and will take a step towards doing that by backing my amendment.

[The Second Deputy Chairman]

I call Lauren Edwards to make her maiden speech.

[Lauren Edwards (Rochester and Strood) (Lab)]

Thank you for giving me the opportunity to speak, Madam Chair.

I pay tribute to the many hon. Members who have given such impressive maiden speeches today. It is an honour to follow my hon. Friend the Member for Dudley (Sonia Kumar) who gave such a passionate speech about her constituency, and who certainly did her family very proud. Although she has left her place, may I also commend the hon. Member for Chelmsford (Marie Goldman) for her excellent speech, which, as somebody born in Australia, I particularly appreciated for its reference to the Australian opera singer, Dame Nellie Melba?

Financial market stability and public trust in announcements on fiscally significant measures are, funnily enough, not issues that come up regularly on the doorstep. But the real-life consequences when these two important pillars of our society are lacking was central to the recent conversations that I had across Rochester and Strood.

The cost of living pressures, already challenging for most, were heightened as families found that they had to pay, on average, hundreds of pounds more just to put a roof over their heads. The cause of that additional pressure—the former Truss Government’s mini-Budget—was a deeply undesirable situation that this Bill seeks to prevent from ever happening again. One reason given for the adverse market reaction to that mini-Budget was the lack of forecast by the Office for Budget Responsibility—an omission which, in turn, contributed to a lack of investor confidence in the plans. Political parties, whatever their colour, can have the best policies in the world, but if they are not backed with economic competence and market confidence in those who are holding the purse strings, no one will be better off for them.

We cannot and should not play fast and loose with the economy, so, like many others, I take great comfort from the Bill. That includes the chair of the OBR himself, Robert Hughes, who says that the Bill will address a gap in the current law and

“serve to strengthen the legal foundations for fiscal management.”

It is surely only right that policymakers, when making major fiscal decisions, base those decisions on up-to-date economic and fiscal outlooks, published at the same time to give maximum transparency.

I dwell so much on economic stability as I view it as a necessary precondition for economic growth—this Government’s chief mission—and because, in recent years, there has not been enough focus on the latter in places such as Medway. I am immensely proud to call Rochester and Strood my home and honoured to have been given the opportunity by its residents to represent them here in this place. I will work hard every day to ensure that residents’ voices are heard in this Chamber and to get a better deal for everybody in Rochester and Strood. I will do that by continuing to drive regeneration work in my constituency, work that I began as a former cabinet member on Medway council. I will work with the Government and the private sector to bring more investment to our towns and villages, support the local business community to thrive, and provide more opportunities for young people, so that they do not feel that they need to move away to get on in life.

Rochester and Strood has many strengths, not least the military presence at Brompton barracks, home of the Royal Engineers. The River Medway, which runs the length of the constituency, has so much potential for industry, leisure and tourism, and a very rich maritime history from the days of Chatham dockyard. We have a burgeoning creative community centred at Chatham Intra, developing green industries out on the Hoo peninsula, and high-quality technical colleges and universities. However, we also have high levels of deprivation in the constituency, not enough good-quality and affordable housing, an overburdened hospital, and not enough infrastructure, including health services, public transport and banking services, to support our communities, particularly on the more rural Strood side of the constituency.

--- Later in debate ---

We face significant challenges in our region—infrastructure, transport and border issues alone. These cannot be resolved solely within our distinct geographical areas. My politics is underpinned by collaboration and co-operation, and I know that by working together we can deliver the regional economic growth that is needed to drive so much of what we want to achieve: well-run public services, decent and affordable housing, and better life chances for all.

[The Second Deputy Chairman]

I call Fred Thomas to make his maiden speech.

[Fred Thomas (Plymouth Moor View) (Lab)]

Thank you, Madam Chair. Before I talk about Plymouth, may I celebrate the amazing speeches that we have heard this afternoon, and pay tribute to the wealth of experience and passion, not just on the Government Benches but across the Chamber? It is really heartening. My hon. Friend the Member for Rother Valley (Jake Richards) spoke about the spirit that we have all seen in the communities that we represent, and the confidence that he has in that spirit to overcome some of the challenges that we are facing as a nation and in our communities. I completely share that.

Let me now talk about Plymouth, the city that I call home and the city that I am so proud to represent in this place as the Member for Plymouth Moor View. I want to talk about our people, our institutions, our rolling hills, grey warships glinting in the south coast sun and the noise that 43,000 Argyle fans make on match day. I want to talk about the gritty determination of staff at one of the biggest hospitals in the country, and I want to talk about hope.

I will frame this speech with two principles that I lived by during my time in the Royal Marines, principles that are well known amongst the armed forces community in Plymouth. First, a leader must be a dealer of hope. When the chips are down, leaders have to step forward and give hope. I believe that is our job in Parliament too. In Plymouth, communities come together to give each other hope. There is immense strength and resilience in the streets, the housing estates, the front rooms and wherever folks get together and organise to change the lives they and their neighbours are living, making simple, tangible changes by addressing the needs in front of them.

We have Whitleigh Big Local, the Four Greens Community Trust and Connecting Youth CIC, to name just a few, working in partnership with the local community to improve the things that matter and to bring hope. I want to use my position in this House to empower our community to effect change and generate hope that life will get better and that families can be lifted out of poverty.

Today, relative child poverty in Plymouth Moor View is at 23%, set against the regional figure of 17%. I will not accept rising child poverty, because the second principle that I live by, one I believe a lot of us share, is this: “The standard you walk past is the standard you accept.” If we see something that we know is wrong and we keep walking, we are effectively saying we are happy with that situation. The harder option is not to walk past, but to take action.

Derriford hospital in Plymouth serves almost 2 million people across Devon and Cornwall. I have met the nurses, paramedics, doctors and volunteers, who do fantastic work under immense pressure. They are people who do not just walk past. However, the hospital is up against it: in June alone, there were 5,000 instances where a patient waited more than four hours in A&E. That represents a series of personal tragedies for the patients affected. With the new Government, I will work tirelessly to change that story.

Away from the hospital, the beating heart of our city is Plymouth Argyle football club, which is in its second season now in the championship, making it one of the top clubs in the English football league. Yet in Plymouth, many families struggle to afford access to sport for their kids. I am a keen footballer and I believe in the power of sport to set young people up for life. I will use my platform to improve access to sport in Plymouth, because a standard where this country has the finest football leagues, watched the world over, but our own youngsters cannot afford to play is not a standard I will walk past. I pay tribute to the excellent work that the Argyle community trust and the Plymouth football boot bank do already to broaden access to sport in Plymouth.

As a former Royal Marines commando, it is a particular privilege to represent the city that is home to not only the largest naval base in western Europe, but the Royal Marines, who are still headquartered in Plymouth. Ours is a city where so many residents have served in uniform, and I take this opportunity to thank every single one of them for their service and dedication. I also pay tribute to my predecessor for his heartfelt efforts to raise the profile of the veterans agenda.

For centuries, Plymouth has had a proud military history, and the Prime Minister recently called it

“the frontline of defence in this country”.

Navy, Marines and Army personnel have deployed from Plymouth for hundreds of years. The tradition of proud military service runs through our city like the writing in a stick of rock. Now, as we find ourselves as a country in another moment of critical international instability, Plymouth is again a keystone of our national security. Devonport dockyard is the home port for the frigates, survey vessels and amphibious shipping that are crucial for our safety. It is also where the submarines that host our nuclear deterrent are maintained, and will be for generations to come. We are also home to highly skilled small and medium-sized enterprises such as MSubs—makers of unmanned submersible craft used in the most special military projects—Barden bearings and Collins Aerospace, whose cutting-edge engineering is integral to the UK’s modern weapons systems.

From our military institutions and our manufacturing base to our hospital, our football club and our dockyard, we stand up and we serve in Plymouth. We give a lot to this nation, but for all this—if I can borrow a phrase from a friend and a constant source of advice, my hon. Friend the Member for Plymouth Sutton and Devonport (Luke Pollard)—Plymouth does not get its fair share. I will work tirelessly with the Government to change that, because in Labour we respect service, and ours will be a Government of service—a Government of hope. As I served my country before in uniform, so I will serve my city now in office. As I was trained to do in the Marines, I will strive to be a dealer of hope. When it comes to taking action, I will remember, along with colleagues on both sides of the House, that the standard we walk past is the standard we accept.

[The Second Deputy Chairman]

I call Lucy Rigby to make her maiden speech.

[Lucy Rigby (Northampton North) (Lab)]

I pay tribute to my hon. Friend the Member for Plymouth Moor View (Fred Thomas) on his fantastic maiden speech and to all hon. Members who have made such brilliant maiden speeches in this afternoon’s debate. It is a privilege to follow them and to make my own maiden speech in the context of such an important Bill.

Northampton has sent Members to Parliament since 1283, and it is the honour of my life to be among them as the Member of Parliament for Northampton North. One of those former Members, I am proud to say, was the trailblazing Margaret Bondfield—the first woman to serve in Cabinet in this country, the first to be appointed to the Privy Council and the first to chair the TUC. I hope, in the course of my time here, that we might find ways to see Margaret’s name given greater recognition and prominence, as I believe is due. Some 51 years after Margaret Bondfield’s arrival in this House, the good people of my constituency elected Maureen Colquhoun—a trailblazer herself in relation to many issues, including being the country’s first openly gay MP.

I want to pay particular tribute to my two immediate predecessors: Sir Michael Ellis and Sally Keeble. Sir Michael stepped down at the last election, having served Northampton North for 14 years and served the country as a Minister in multiple roles. He is also remembered locally for performing lifesaving CPR on a constituent having a coronary episode—I am more than aware that that sets me a very high bar for looking after my constituents. Like Sir Michael, Labour’s Sally Keeble served Northampton North for well over a decade and served her country in government too. Sally has many achievements—notable among them was the taking through of one of the last pieces of legislation under the previous Labour Government to protect developing countries from vulture funds. Sally remains a dedicated and committed public servant. I do not mind admitting that I spoke to plenty of residents during the election campaign who told me that while they really appreciated my doorstep pitch for their support, they would be voting for Sally Keeble.

I am aware of the examples of good service in this place that have been set for me, and I hope to live up to them, so I want my constituents to know that serving our community in Northampton will be my first and highest priority for as long as I remain in this place. This place could, in fact, be in my constituency, because Northampton has been the seat of Parliament on more than 30 occasions. King John even moved the Treasury to Northampton in 1205, when he fell out with a few people in London over something akin to the disastrous mini-Budget—an option that I suspect those supportive of the Treasury’s current location will be glad to know was not suggested, as far as we know, to the former right hon. Member for South West Norfolk.

We are a town of deep pride in both our present and our past. We are the largest town in England. We have buildings of neo-gothic splendour; strong communities; beautiful green spaces such as Eastfield Park, Abington Park and the Racecourse; and not one but two shoe armies: Premiership champions Northampton Saints, and the mighty Cobblers. Our boot and shoemaking industry has provided many Members of this House with their footwear over the years, including, I am proud to say, the former Prime Minister and Member for Sedgefield, who wore the same lucky pair of Church’s brogues at every Prime Minister’s questions for 10 years, which just goes to show where a good pair of Northampton shoes can get you.

--- Later in debate ---

[Darren Jones]

And it is equipped to do the job it is supposed to do, alongside the other regulatory body that holds the Government to account, the Committee on Climate Change.

In conclusion, I hope I have been able to provide some assurances and that hon. Members will be content to retract their amendments. If not, I urge the House to reject them. I thank other Members for their contributions to the debate. I gently invite the hon. Member for Arundel and South Downs (Andrew Griffith) to reflect on his own party’s record in crashing the economy through unfunded tax cuts, losing control of public spending and ruining family finances, before offering advice to this Government on fiscal responsibility. I say to the SNP spokesperson, who is not in his place, that I was surprised to see so many discredited Conservative party lines to take in his speech. Who knew that the SNP and the Tory party were one and the same thing?

With this Labour Government our commitment to fiscal discipline and sound money is the bedrock of all our plans. The Bill will guarantee in law that from now on every fiscally significant change to tax and spending will be subject to scrutiny by the independent OBR. That delivers on a key manifesto commitment to provide economic stability and sound public finances by strengthening the role of the independent OBR. That is a crucial first step to achieve sustained economic growth, and I commend the Bill to the House.

[The Second Deputy Chairman of Ways and Means (Caroline Nokes)]

I call shadow Minister Nigel Huddleston.

[Nigel Huddleston]

I will not detain the House long by repeating the arguments that I made in my opening comments, but I am disappointed by the Minister’s response, and in particular by his refusal to accept our amendments. It is alarming that he is refusing to do so because, as I outlined, I believe they are consistent with the goals of the Bill overall, and I think the credibility of the Bill will be seriously undermined if it does not include the fiscal rules. I like the Minister a lot. We go back a way and have always had civil conversations, but if he does not believe or consider the level, type and definition of debt to be “fiscally significant”, then with the greatest respect perhaps the Treasury is not the right home for him. They are transparently fiscally significant, and an important part of the consideration we are talking about today.