Middle East: Economic Response

Debate between Florence Eshalomi and Rachel Reeves

Thursday 21st May 2026 Commons Chamber

[Rachel Reeves]

We have already increased the number of apprenticeships, and changes to the growth and skills levy mean that young people do not always have to have maths and English at grades A to C to get on to an apprenticeship programme. We have also introduced shorter apprenticeships to help young people to get the skills they need. On private rent, the right hon. Gentleman might have seen the changes that we made through the Renters’ Rights Act 2026, which gives renters the greatest rights they have had in a generation, including the right to challenge a rent increase and to have only one rent increase a year. If someone challenges their rent increase and takes their case to a tribunal, they will not have the rent increase during the course of the tribunal, helping to limit rent rises for hard-working families.

[Florence Eshalomi (Vauxhall and Camberwell Green) (Lab/Co-op)]

I thank the Chancellor for this wonderful set of measures. I will go one further than my hon. Friend the Member for Erewash (Adam Thompson), who is no longer in his place, and invite her across the bridge to some of the greatest attractions in the UK, ranging from the London Eye to the Southbank Centre, the London Aquarium and even the Paddington Bear Experience, which will all benefit from this wonderful VAT cut. We have been raising this issue for many months, so it is good to see action.

This morning, I visited John Ruskin primary school in Camberwell in my constituency. We might think that the impact of what is happening is not affecting young children, but it is. The children there were so articulate, raising questions on oil and gas prices and prices in the supermarket, so I thank the Chancellor for addressing the issues. How will the CMA monitor supermarkets? It is a non-ministerial organisation, but will it be providing regular updates to the Treasury, so that we can ensure that price cuts are being passed on to hard-working families?

[Rachel Reeves]

I can confirm to my hon. Friend that the London Eye will be included. Apparently it is called an “observation attraction”—the Exchequer Secretary to the Treasury and I made sure that such attractions are part of the package of measures. I totally agree with what she says about young children of primary school age having a deep understanding of the cost of living pressures faced by their families and carers at the moment. That is why it is so important that today’s measures particularly address the cost of the summer holidays for parents. I know that parents, whether in Vauxhall or in my own constituency of Leeds West and Pudsey, are not always as excited about the summer holidays as their children are because they are worried about the costs. I hope that the measures that I have announced today on the cost of children’s meals in restaurants and cafés, and to reduce the cost of days out, will go some way towards helping families to have a better summer.

Spring Forecast

Debate between Florence Eshalomi and Rachel Reeves

Tuesday 3rd March 2026 Commons Chamber

[Rachel Reeves]

A year and a half ago, the right hon. Gentleman stood on a manifesto that had absolutely no explanation of how his party would increase defence spending. This Government have increased defence spending. I am surprised that he criticises that, rather than welcoming it.

[Florence Eshalomi (Vauxhall and Camberwell Green) (Lab/Co-op)]

I thank the Chancellor for outlining how we will finally turn the corner on the 14 years of suffering felt by many of my constituents and people across the country. Many people still complain about the cost of living, and they are impatient for change. I hope that, through what the Chancellor has set out this afternoon, we will start to see that turn. Rightly, we are seeing a change in business rates, but my constituent who owns Chocolate Dino has highlighted that central London rateable values are still high, while small business rates relief thresholds have remained static. That is having such a big impact on independent and small businesses. Can the Chancellor look into other areas to ensure that such businesses, which are the backbone of UK plc, can thrive?

[Rachel Reeves]

In my hon. Friend’s constituency, thousands of children will be lifted out of poverty from next month because this Labour Government have chosen to get rid of the two-child policy that was introduced by the Conservatives and supported by their Tory tribute act friends on the Reform Benches. On business rates, I am sure that the Secretary of State for Business and Trade or a relevant Minister would be happy to meet my hon. Friend. The changes that we have made mean that there is a permanently lower multiplier for smaller businesses and high street businesses.

Spending Review 2025

Debate between Florence Eshalomi and Rachel Reeves

Wednesday 11th June 2025 Commons Chamber

[Rachel Reeves]

I did mention the SNP—I questioned why the SNP does not support defence investment in Scotland—but I can mention it again, if the hon. Gentleman would like me to. Why has the SNP let down the people of Scotland with rising hospital waiting lists? Why has the SNP let down people in Scotland with more drugs deaths? Why has the SNP let people down time and again? We are putting money into Acorn and into defence investment, and we are giving a record settlement to the SNP Government, but hopefully they will not be there for much longer.

[Florence Eshalomi (Vauxhall and Camberwell Green) (Lab/Co-op)]

I thank my right hon. Friend the Chancellor for prioritising affordable housing, which is overdue. That extra investment will go a long way towards addressing the spiralling, broken housing system that has pushed so many people into poverty. Last year, a record 126,000 households faced homelessness, an increase of over 17,000 in one year alone. We see so many families placed in what we call temporary accommodation, but it is not temporary—five years or more is far from temporary. Children are travelling for hours to get to school, families do not have a space in which to grow up, and we have lost a decade of building the social homes that we need. I join with the likes of Shelter and the National Housing Federation in welcoming the investment in affordable housing and the certainty of a 10-year rent settlement, but we need more of these measures, and we need to build truly social homes. Can the Chancellor confirm what proportion of social rent homes will form the backbone of the affordable homes programme, to get those families into a safe, secure and stable home?

[Rachel Reeves]

I thank my hon. Friend for her campaigning on housing and homelessness, which is a big challenge in many of our constituencies, including hers in Vauxhall and Camberwell Green. We want to work closely with local councils and the Mayor of London to build the affordable homes that we desperately need in the capital city, where house prices and rents are still far too high for so many families. I look forward to working with my hon. Friend on just that.