Budget Resolutions Debate
Full Debate: Read Full DebatePatrick Hurley
Main Page: Patrick Hurley (Labour - Southport)Department Debates - View all Patrick Hurley's debates with the Department for Business and Trade
(1 day, 23 hours ago)
Commons ChamberI thank my hon. Friend for giving way. Conservative Members have said that they would like to see tax cuts in the Budget, but does she agree that they have not spelled out how they would pay for those tax cuts and which public services and investments they would cut to pay for those cuts?
My hon. Friend makes a good point. Investment must be paid for. I think that Members across the House are very much aware of the desperate need for investment in our public services and in industry. Investment is required in social and affordable homes across the UK, to offer security and stability to more than one million people who have nowhere to call home. Again, the Scottish Government must grasp the nettle here and deal with the housing emergency throughout Scotland. They have to deliver funding to the councils and the registered social landlords to bring down the shameful levels of homelessness that we see right across the country.
My right hon. Friend the Chancellor is delivering the largest budget settlement for Scotland in the history of devolution. As I have said, this money must reach frontline services, struggling families and local communities. No more excuses from the SNP Government. For too long, they have bungled Scotland’s finances and under-invested in public services, with many services, such as the NHS and council-run services, stretched to breaking point, all while crying, “It wisnae me,” and pointing to Westminster. No more. At the election, we said, “Don’t send a message to Westminster; send a Government,” and that is exactly what the people of Scotland did. The Budget makes good on Labour’s commitment to deliver the change that the Scottish people voted for—change that delivers for Scotland and every part of the UK.
When I stand to speak in this House, I often criticise the former Government, and to be fair, there was a lot to criticise, but Liz Truss at least got one thing right. She claimed to make economic growth the driving force behind her plans, but while Truss took a reckless big-bang approach to tackling the stagnation that this country has experienced since 2010, our focus is on long-term investment, not short-term tax cuts. This speaks to one of many big problems with recent Tory Governments—a problem that any business owner in this country could tell you about. It is all about return on investment. Over the last 14 years, there has been too little return because there has been too little investment. To combat that, we have secured £63 billion in private investment, and we have put £2 billion into electric vehicle development. I note, too, that the UK Space Agency says that the space industry is worth £17 billion a year to our economy. It is no doubt helping to ensure that we get early warning of any new super-massive black holes we might not be aware of.
This Budget is the beginning of the change our country voted for. It will make Britain better off; there will be more money in people’s pockets, an NHS that is there when people need it, businesses creating wealth and opportunity for all, the house building that we need, the transport infrastructure that we are crying out for, wages that make work pay, and a state pension that is uprated as it should have been all along. This is a Budget of change, a Budget of investment and growth, a Budget to put more money in working people’s pockets, and a Budget to get our public services back on their feet. It is the most welcome Budget for many years—a Budget in line with the values of the British people. I am proud to support this Labour Budget.