Budget Resolutions and Economic Situation

Jim Shannon Excerpts

Wednesday 3rd March 2021 Commons Chamber

[Jim Shannon (Strangford) (DUP)]

I, too, do not envy the Chancellor. How do we get the balance right of supporting the business sector and supporting the vulnerable while ensuring that we do not add further to the deficit? I believe he has delivered a Budget that is suitable for these times and the special circumstances of coronavirus. It is not easy to do that, but he has tried hard.

My little grandson, Max, and my granddaughter, Freya, who were born during the pandemic as lockdown babies, will most likely be paying off this debt through their taxes for their entire adult lives. What a burden on our children and grandchildren, yet the Chancellor has addressed some of the tax issues to deliver some of the moneys that will be needed to pay back the debt and take the burden off our grandchildren.

The Chancellor also referred to the kickstart programme, which I support. I wish we had it in Northern Ireland. For whatever reasons, Ministers in Northern Ireland have not delivered it, and I have been in contact with the Department to find out why.

I am also pleased to see the extension of furlough, and I believe extending it to September is correct. My concern is that the devolved nations are coming out of lockdown at different times, and therefore there should perhaps be a wee bit of flexibility.

I also welcome that there is no increase in fuel duty. Coming from the rural constituency of Strangford, and knowing my constituents’ need to be able to travel, I think that is a good news story, too. There are many other stories to which I could refer, such as the VAT reduction and the rates relief. This is a pro-business Budget, and they are all positive measures.

I congratulate the Government on how they have delivered the response to coronavirus, but we need further work on health. Those with cancer, motor neurone disease, organ failure and many others are in need of palliative care, and the Marie Curie campaign has highlighted that over 82,000 people in Northern Ireland have been bereaved during the covid-19 pandemic, and the number requiring palliative care has doubled over the past 10 years. The need for investment in palliative care must feature in any plan and Budget, and I gently suggest that, although the money for covid-related issues is absolutely right and appropriate, there is also a need for investment in cancer research and palliative care. I would like to see that feature more prominently in the Budget, and I gently and constructively ask that it be taken on board.

I also highlight the financial backing for cancer research and what can be achieved through the superior expertise of British science working alongside international colleagues to produce results. We have seen what is possible through single-minded focus and hand-in-hand support on covid-19.

As with any Budget, there is much to be welcomed and much to be desired. We need to balance the books as best we can in this world, which is so out of kilter. I look forward to the Government offering greater support to those who need it most at this time.