4 Lauren Edwards debates involving HM Treasury

Wed 4th Sep 2024
Budget Responsibility Bill
Commons Chamber

Committee of the whole House

Oral Answers to Questions

Lauren Edwards Excerpts
Tuesday 10th March 2026

(1 week, 3 days ago)

Commons Chamber
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Dan Tomlinson Portrait Dan Tomlinson
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We will be working across Government on the high streets strategy. Treasury Ministers will be working with colleagues in the Ministry of Housing, Communities and Local Government and the Department for Business and Trade. We will make progress on that in the coming weeks, with the strategy to report by the end of the year. We are in the process of working on the details of plans for the review of the pubs and hotels valuation methodology, and I will be happy to engage with my hon. Friend and Members from across the House to get that on a firmer footing for the future.

Lauren Edwards Portrait Lauren Edwards (Rochester and Strood) (Lab)
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The Government’s business rate relief package for pubs has been hugely welcome, but other high street businesses in the retail, leisure and hospitality sectors are struggling. Will the Minister consider increasing the small business rate relief threshold to encourage growth and hiring? Over half the high street small businesses surveyed by the Federation of Small Businesses said that they would be in position to invest in or grow their businesses if the threshold were increased.

Dan Tomlinson Portrait Dan Tomlinson
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Around one in three businesses continue to benefit from the small business rates relief and do not pay any business rates at all, with an additional 85,000 benefiting from reduced relief as that is tapered away. At the Budget, we also announced changes to small business rates relief so that we can provide an additional two years of support for those businesses seeking to expand into a second property, to support those businesses to grow and to support their communities and jobs.

Spring Forecast

Lauren Edwards Excerpts
Tuesday 3rd March 2026

(2 weeks, 3 days ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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The previous Government presided over a 113,000 increase in the number of young people not in education, employment or training, and the number of youth apprenticeships was cut by 40%. Why does the hon. Gentleman think that unemployment among young people is a challenge? It is because of the decisions that the previous Government made. That is why we are putting more than £800 million into a youth guarantee, it is why we are putting more money into further education—which his Government failed to do—and it is why we are expanding the number of youth apprenticeships. We recognise there is a challenge. The difference between our Government and the hon. Gentleman’s is that we are doing something about it, and they never did.

Lauren Edwards Portrait Lauren Edwards (Rochester and Strood) (Lab)
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I thank the Chancellor for her statement, and welcome the OBR forecast that unemployment will fall to 4.1% by the end of the current Parliament. No doubt that will have been driven by excellent policies such as the youth guarantee and the apprenticeship reforms. The NEET rate remains stubbornly high, though, so may I urge the Chancellor to target any additional headroom that may be available at helping more young people into work and training? Investing in young people is good for them, good for society and good for the UK’s finances, and it is also the best way in which to reduce our welfare bill in the long term.

Rachel Reeves Portrait Rachel Reeves
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This Government are investing in young people, by ending the two-child limit, investing in further education—which was neglected by the last Government—and increasing the number of young people who can go on to study or take apprenticeships, and, indeed, through the youth guarantee, which is worth more than £800 million. As I said in my statement, though, we want to do more to tackle the legacy that we inherited from the Conservative Government to ensure that more young people have the opportunity of work, training or a college place.

Oral Answers to Questions

Lauren Edwards Excerpts
Tuesday 9th September 2025

(6 months, 1 week ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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In the Universal Credit Act 2025, which passed before the summer recess, we reformed the universal credit system to reduce the gap between what people on the health element and those on the standard element got. That reform will help more people into work, as well as the £1 billion package of measures to help people—particularly those who have been long-term unemployed—get back to work. [Interruption.] The hon. Member for North West Norfolk (James Wild) says that that is spending. Actually, getting people into work and paying taxes, as well as paying less on benefits, is good for the economy and good for those people who get back into work.

Lauren Edwards Portrait Lauren Edwards (Rochester and Strood) (Lab)
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T4. Last Friday, I visited Demelza children’s hospice, which does amazing work for children and their families, but it needs certainty and sustainable funding to survive. Will the Chancellor consider extending the children’s hospice grant for the next five years, increasing it in line with inflation, to help it to plan and deliver those vital services?

James Murray Portrait The Chief Secretary to the Treasury (James Murray)
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The Government are investing £100 million to improve hospice facilities and a further £26 million of revenue funding to support children and young people’s hospices this year. That is the biggest investment in hospices in a generation. Details about the funding arrangements for 2026-27 will be set out by the Department of Health and Social Care in due course.

Budget Responsibility Bill

Lauren Edwards Excerpts
Caroline Nokes Portrait The Second Deputy Chairman
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I call Lauren Edwards to make her maiden speech.

Lauren Edwards Portrait Lauren Edwards (Rochester and Strood) (Lab)
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Thank you for giving me the opportunity to speak, Madam Chair.

I pay tribute to the many hon. Members who have given such impressive maiden speeches today. It is an honour to follow my hon. Friend the Member for Dudley (Sonia Kumar) who gave such a passionate speech about her constituency, and who certainly did her family very proud. Although she has left her place, may I also commend the hon. Member for Chelmsford (Marie Goldman) for her excellent speech, which, as somebody born in Australia, I particularly appreciated for its reference to the Australian opera singer, Dame Nellie Melba?

Financial market stability and public trust in announcements on fiscally significant measures are, funnily enough, not issues that come up regularly on the doorstep. But the real-life consequences when these two important pillars of our society are lacking was central to the recent conversations that I had across Rochester and Strood.

The cost of living pressures, already challenging for most, were heightened as families found that they had to pay, on average, hundreds of pounds more just to put a roof over their heads. The cause of that additional pressure—the former Truss Government’s mini-Budget—was a deeply undesirable situation that this Bill seeks to prevent from ever happening again. One reason given for the adverse market reaction to that mini-Budget was the lack of forecast by the Office for Budget Responsibility—an omission which, in turn, contributed to a lack of investor confidence in the plans. Political parties, whatever their colour, can have the best policies in the world, but if they are not backed with economic competence and market confidence in those who are holding the purse strings, no one will be better off for them.

We cannot and should not play fast and loose with the economy, so, like many others, I take great comfort from the Bill. That includes the chair of the OBR himself, Robert Hughes, who says that the Bill will address a gap in the current law and

“serve to strengthen the legal foundations for fiscal management.”

It is surely only right that policymakers, when making major fiscal decisions, base those decisions on up-to-date economic and fiscal outlooks, published at the same time to give maximum transparency.

I dwell so much on economic stability as I view it as a necessary precondition for economic growth—this Government’s chief mission—and because, in recent years, there has not been enough focus on the latter in places such as Medway. I am immensely proud to call Rochester and Strood my home and honoured to have been given the opportunity by its residents to represent them here in this place. I will work hard every day to ensure that residents’ voices are heard in this Chamber and to get a better deal for everybody in Rochester and Strood. I will do that by continuing to drive regeneration work in my constituency, work that I began as a former cabinet member on Medway council. I will work with the Government and the private sector to bring more investment to our towns and villages, support the local business community to thrive, and provide more opportunities for young people, so that they do not feel that they need to move away to get on in life.

Rochester and Strood has many strengths, not least the military presence at Brompton barracks, home of the Royal Engineers. The River Medway, which runs the length of the constituency, has so much potential for industry, leisure and tourism, and a very rich maritime history from the days of Chatham dockyard. We have a burgeoning creative community centred at Chatham Intra, developing green industries out on the Hoo peninsula, and high-quality technical colleges and universities. However, we also have high levels of deprivation in the constituency, not enough good-quality and affordable housing, an overburdened hospital, and not enough infrastructure, including health services, public transport and banking services, to support our communities, particularly on the more rural Strood side of the constituency.