Budget Resolutions

Laura Kyrke-Smith Excerpts

Wednesday 6th November 2024 Commons Chamber

[Laura Kyrke-Smith (Aylesbury) (Lab)]

I congratulate the Chancellor on delivering the first Labour Budget in 15 years, and on doing so as the first ever female Chancellor.

Speaking to residents in and around the Stocklake area of my constituency over the weekend, I was glad to hear positive feedback and optimism following the Budget. Of course we had to make tough choices, but people get that, and personally I am very proud of the choice we have made to invest in our public services first and foremost and to get them working for people again.

There is much to commend in the Budget, and I want to highlight four points. First, the national minimum wage has increased to £12.21 per hour, which has been very well received by my constituents. Over 9,000 people in Buckinghamshire are on the national living wage, and they are all set for a pay rise. Secondly, the core schools budget has increased by £2.3 billion, and £1 billion has been allocated to support children with SEND, which I know cannot come soon enough for my constituents. Thirdly, there is a commitment to infrastructure investment, including the commitment to East West Rail, which I know will unlock growth and opportunity. I will keep pushing for the Aylesbury spur to link up with that. Finally and most importantly, we have made a huge commitment to the NHS in this Budget, including through a £22 billion increase to day-to-day spending and £3.1 billion of capital investment, which will be used to bring waiting lists down, invest in new technology and deliver 40,000 extra appointments every week, including at Stoke Mandeville hospital. I am excited about the budget for mental health, which will be crucial.

I am conscious that improving our nation’s health will take time, and that our goals are necessarily long term. I was reminded of that at this morning’s parliamentary launch of the fantastic Health Equals campaign, which highlights the work that we have to do to tackle the social determinants of health inequalities and halve the gap in healthy life expectancy. However, this Budget delivers the biggest cash injection into the NHS outside covid years since 2010, which has put us firmly on the road to recovery. This Budget is firmly on the side of those who need our support, and firmly on the right side of history, and I cannot wait to see what it delivers for my constituents in Aylesbury.