(2 weeks, 1 day ago)
Commons ChamberAs the Business Secretary and many hon. Friends have said, the central mission of this Government is to get the economy growing after years of stagnation. Fourteen years of poor economic management and short-term decision making are writ large in my town centre in Bournemouth West and in high streets up and down the country, as my hon. Friend the Member for Leigh and Atherton (Jo Platt) set out so powerfully. We see this in our creaking infrastructure and the crumbling schools that my hon. Friend the Member for Kettering (Rosie Wrighting) mentioned and the pothole-ridden streets we drive our cars on. While the public made their views on the state of the country very clear on 4 July, the Conservative party seems still to be in denial. This Budget gives us the opportunity to turn a page, fix the foundations and rebuild our country.
I welcome the Business Secretary and Chancellor’s focus on investment. My constituency of Bournemouth West is a microcosm of the UK’s diverse economy. Just last week I visited a new manufacturing plant whose products have “Made in Britain” proudly branded all over them. We have a vibrant retail, hospitality and leisure sector and while there are some concerns about rising costs it is given confidence by the Government’s focus on growth and getting money back into people’s pockets. We have strong education and finance sectors and a burgeoning tech and creative industry sector, and I was pleased to see support for these industries reflected in our industrial strategy, giving them certainty over the long term.
Underpinning all of this are our people. This Government’s Budget will benefit the 8,300 people in my constituency on the minimum wage and the 1,880 people in receipt of, or eligible for, carer’s allowance, and the 30% of children who live in poverty and their families will benefit from the investment in our schools, hospitals and affordable homes to live in. Healthier, happier and more secure workers and constituents are good for business; it is good for growth and good for our economy.
I wish to make one point on infrastructure. My hon. Friend the Member for Folkestone and Hythe (Tony Vaughan) mentioned that when we knock on doors people always bring up our public services and the NHS, and they do, but every good constituency MP knows that potholes are the bane of everybody’s life, so I welcome the £500 million for potholes announced in the Budget.
We cannot achieve sustainable growth without a solid foundation with stable public finances and public services that benefit everybody. This is what we are doing with this Budget and I look forward to supporting it today.