Budget Resolutions Debate
Full Debate: Read Full DebateMatt Rodda
Main Page: Matt Rodda (Labour - Reading Central)Department Debates - View all Matt Rodda's debates with the Foreign, Commonwealth & Development Office
(1 day, 6 hours ago)
Commons ChamberYes, we are in charge and we are taking the action we need to take. I do not understand what the hon. Gentleman wants us to do. Does he expect us to stand there and do nothing, or to walk away? Is that what he wants? At the end of the day, this is going nowhere. What we need to talk about are the fundamental problems.
We have heard a lot of analysis from the Opposition Benches about what is wrong, but what are we to do? We have to grasp the nettle. The fact is that net zero is here. We hear a lot of Members on the Opposition Benches saying, “Net zero is causing us problems.” The simple fact is that it is here and there are countries that are way ahead of us. We have an opportunity to be a green superpower. We can invest in nuclear energy. We can invest in tidal power. We can invest in renewables and carbon capture technology. These are the waves of the future, along with AI. This is where the jobs will come from. This is where the growth will come from. We have to pick winners, but we have to have the political will as well.
I have visited a number of companies in my constituency and the issue they have is energy bills. Captiva is a very successful spa and Team Rees Gym is also very successful. Both have talked to me about energy bills. I welcome the reduction in energy bills of £150 on average and £300 for the most impoverished, but I would like to see some sort of deal on energy for businesses to ensure that their costs come down and they can carry on competing. I welcome the increase in the minimum wage, but I also ask the Chancellor for some help for small and medium-sized businesses, so that they can carry on employing people and producing apprenticeships.
My hon. Friend is making an excellent speech, and I wholeheartedly agree about the appalling damage done by the Conservatives to our economy over 14 years. I wonder whether he would also mention the significant benefit to both employers and employees of the freezing of rail fares, which will make an enormous difference in my community. We have a net input of people commuting into Reading, but like Caerphilly we also have many people who commute to London and other destinations on the railway line. Many residents will benefit, and many employers will also benefit through the increased labour mobility.
I absolutely agree, and I wish the Conservatives would apologise. It is quite simple: freezing rail fares mean that people can get work easier and can commute from places like Reading; it will bring money to the shops, restaurants and everywhere else. It is a really important move for social mobility, and will allow more people to travel from Reading to London, too.
I would say one thing in caution. I still do not understand why we have a Budget in November. I ask that the Treasury move the Budget to April, at the end of the financial year, so that businesses can plan from there and we do not have the speculation we have seen over the past couple of months.
In conclusion, I support the Budget and I support what we are doing. I am sure that in years to come, we will look back on this Budget as one of the more significant.
I thank the hon. Member for his support for the Chancellor’s Budget and the lifting of the two-child benefit limit. I agree with what he said.
I remind Members what my hon. Friend the Member for Hackney South and Shoreditch (Dame Meg Hillier) said: 70% of children in poverty have parents who are in work. Children are not in poverty because their parents are not working. This Government are doing everything they can to lift children out of poverty. I also remind Members about the Children Act 1989, which states that the welfare of the child is paramount. If memory serves me correctly, Maslow’s hierarchy of needs refers to food. Getting children out of poverty means ensuring that no child goes hungry and that children have their basic needs met. This Government are very much committed to that, which is why I am delighted that the measure is in the Chancellor’s Budget.
My hon. Friend is making an excellent point. Is she ready to move on to the importance of breakfast clubs? Last week, I had the pleasure of welcoming the Prime Minister and the Education Secretary to Reading, where they visited a breakfast club providing excellent support to many children. The programme to expand them is really valuable, as it will invest in our young people and make huge differences to families. It will also help employers by helping mums and dads to get to work earlier.
I thank my hon. Friend for his comments. I will indeed come to breakfast clubs—how could I miss them out?
The Resolution Foundation has estimated that scrapping the two-child limit would bring 330,000 children out of poverty and prevent a further 150,000 children from falling into poverty over the course of this Parliament. Children in my constituency will therefore have an improved standard of living, which is exactly what I want for them, just as Labour Members—and others, I am sure—want for their children. In fact, it is estimated that in Lewisham East, 3,530 children’s experience of relative child poverty will be reduced.
That builds on the vital work already begun by this Government, including on expanding access to free school meals, opening free breakfast clubs in every primary school and investing in historic amounts of affordable and social housing. Alongside that, we have the recently announced freeze of rail fares and prescription prices.
Every child deserves to be free from poverty and the effects of poverty. For far too long, successive Conservative Governments allowed child poverty to skyrocket; this Government will not. As a result of that failure, almost a fifth of children in my constituency grow up in poverty, but with the policies announced today, it is evident that the Labour Government are tackling child poverty as the moral imperative that it is.