Budget Resolutions

Joani Reid Excerpts

Wednesday 6th November 2024 Commons Chamber

[Joani Reid (East Kilbride and Strathaven) (Lab)]

I warmly welcome the additional £47.7 billion that this Budget will deliver to the Scottish Government—the largest settlement in the history of devolution. That additional funding can rebuild Scotland and our failing public services, but the Scottish Government must now take responsibility, admit their failures and take a long-term approach that is serious about addressing Scotland’s challenges.

Economic and political stability underpin the Chancellor’s Budget. The undoubted attractiveness of Scotland for domestic and international investment requires the removal of uncertainty, which can hinder investment plans. Only when there is a Government in Scotland who seek to genuinely work collaboratively with the UK Government and the private sector on investment plans for not just the next decade but beyond will we fully reap the benefits of this Budget.

However, we have a Government in Scotland who make policy and economic decisions through the prism of the constitution, and who seek, as a matter of ideology, to find points of difference and divergence. That was demonstrated by their failure to even turn up and vote for GB Energy—unquestionably an economic opportunity for Scotland. The Chancellor has committed the UK Government to working closely with the Scottish Government on the industrial strategy and the national wealth fund, but the vehicle for promoting that collaboration—the Council of the Nations and Regions—is unfortunately being undermined by the SNP, which cannot bear the prospect of UK joint working being a success. It has been manufacturing grievances on behalf of local councils regarding representation on the council, although it has been the most centralising Administration that these islands have ever seen, disproportionately stripping local government in Scotland of power and resources. I welcome the efforts of the Secretary of State for Scotland to rise above this petty divisiveness in pursuit of a higher vision for jobs, growth and prosperity.

This Budget is a serious, strategic, long-term approach to fixing our country—an approach that we have not seen from the Scottish Government or in the last 14 years from the Conservative Government. It sits alongside an ambitious investment and industrial strategy—again, something that we have not seen from either the SNP or the Conservatives in power in the last decade or so. I am confident that, with this new approach, we can rebuild our economy and country, and I therefore welcome the measures outlined in the Budget to rebuild Britain.