Oral Answers to Questions

Euan Stainbank Excerpts

Tuesday 23rd June 2026 Commons Chamber

[Dan Tomlinson]

I do agree that those who have been affected by the loan charge need to be able to move on with their lives. That is why the Government put forward a generous settlement offer at the last Budget that went further than the proposals set out by the independent reviewer. I would just note that it was a Government that the hon. Gentleman supported for 14 years who introduced the loan charge and did not do enough to reform it for those who were affected by it.

[Euan Stainbank (Falkirk) (Lab)]

3. What steps she has taken to help support people with the cost of living in Falkirk.

[The Chancellor of the Exchequer (Rachel Reeves)]

The Government remain dedicated to raising living standards for people in Falkirk and across the UK by driving economic growth and bearing down on inflation, which I know continues to squeeze household budgets. Measures announced in my Budget last year are already taking effect: raising the national living wage and the national minimum wage; maintaining the triple lock on pensions; and extending free school meals to more families. Our great British summer savings package builds on that, reducing VAT on a whole range of summer attractions, including, I believe, Airthrill in my hon. Friend’s constituency.

[Euan Stainbank]

The cut to VAT for family days out this summer starts along with the summer holidays later this week. This is a Labour Government acting to bring down the cost for families visiting Falkirk’s fantastic tourism, leisure and hospitality attractions. Many families are anxiously looking at the other side of the summer, with energy bills rising as a direct consequence of the illegal Iran war. Does the Chancellor agree that any forthcoming targeted energy bill support must similarly extend to working families?

[Rachel Reeves]

We timed the great British summer savings so that they start on the first day of the Scottish school holidays and continues to 1 September, when children in England, Wales and Northern Ireland return to school. We hope that the scheme has a big impact on families around the country, alongside the free bus travel in England in August.

We did not start the war in the middle east, we did not join it, and I have been clear about my views on it, but the war is clearly having consequences here at home. We will continue to monitor the situation and take every action necessary to support families.

--- Later in debate ---

[Rachel Reeves]

With all respect, the Liberal Democrats backed that referendum 10 years ago, and they were part of the Government who legislated for it. Unlike the Liberal Democrats, the Labour party actually sticks to its manifesto commitments.

[Euan Stainbank (Falkirk) (Lab)]

T4. The loss of Grangemouth’s refinery was a loss to Scotland’s economy. The Chancellor rightly consulted on including refined products in the carbon border adjustment mechanism to level the playing field for domestic refining—a level playing field the Tories did not pursue before the closure of Grangemouth was announced in 2023. Will the Chancellor meet me and other colleagues to discuss the merits of accelerating the inclusion of refined products in the CBAM?

[The Exchequer Secretary to the Treasury (Dan Tomlinson)]

I thank my hon. Friend for his strong representation on behalf of his constituency and the important refining industry. I have seen the letter to the Chancellor that has been sent by colleagues and I would be very happy to meet my hon. Friend and other interested Members.