Budget Resolutions

Debate between Chris Evans and Matt Rodda

Wednesday 26th November 2025 Commons Chamber

[Chris Evans]

Yes, we are in charge and we are taking the action we need to take. I do not understand what the hon. Gentleman wants us to do. Does he expect us to stand there and do nothing, or to walk away? Is that what he wants? At the end of the day, this is going nowhere. What we need to talk about are the fundamental problems.

We have heard a lot of analysis from the Opposition Benches about what is wrong, but what are we to do? We have to grasp the nettle. The fact is that net zero is here. We hear a lot of Members on the Opposition Benches saying, “Net zero is causing us problems.” The simple fact is that it is here and there are countries that are way ahead of us. We have an opportunity to be a green superpower. We can invest in nuclear energy. We can invest in tidal power. We can invest in renewables and carbon capture technology. These are the waves of the future, along with AI. This is where the jobs will come from. This is where the growth will come from. We have to pick winners, but we have to have the political will as well.

I have visited a number of companies in my constituency and the issue they have is energy bills. Captiva is a very successful spa and Team Rees Gym is also very successful. Both have talked to me about energy bills. I welcome the reduction in energy bills of £150 on average and £300 for the most impoverished, but I would like to see some sort of deal on energy for businesses to ensure that their costs come down and they can carry on competing. I welcome the increase in the minimum wage, but I also ask the Chancellor for some help for small and medium-sized businesses, so that they can carry on employing people and producing apprenticeships.

[Matt Rodda (Reading Central) (Lab)]

My hon. Friend is making an excellent speech, and I wholeheartedly agree about the appalling damage done by the Conservatives to our economy over 14 years. I wonder whether he would also mention the significant benefit to both employers and employees of the freezing of rail fares, which will make an enormous difference in my community. We have a net input of people commuting into Reading, but like Caerphilly we also have many people who commute to London and other destinations on the railway line. Many residents will benefit, and many employers will also benefit through the increased labour mobility.

[Chris Evans]

I absolutely agree, and I wish the Conservatives would apologise. It is quite simple: freezing rail fares mean that people can get work easier and can commute from places like Reading; it will bring money to the shops, restaurants and everywhere else. It is a really important move for social mobility, and will allow more people to travel from Reading to London, too.

I would say one thing in caution. I still do not understand why we have a Budget in November. I ask that the Treasury move the Budget to April, at the end of the financial year, so that businesses can plan from there and we do not have the speculation we have seen over the past couple of months.

In conclusion, I support the Budget and I support what we are doing. I am sure that in years to come, we will look back on this Budget as one of the more significant.