Spring Forecast

Debate between Rachel Reeves and Sarah Coombes

Tuesday 3rd March 2026 Commons Chamber

[Sarah Coombes (West Bromwich) (Lab)]

We have heard a lot about young people today, but in my constituency, the thing that young people really want is the chance to own their own home. For years, they have been locked out of that because of sky-high mortgage rates thanks to the policies of the Conservative party. I welcome the six interest rate cuts that this Government have overseen. Will the Chancellor elaborate on what more we are doing to help young people in West Brom get on the housing ladder and to bring down the cost of borrowing?

[Rachel Reeves]

I know that families and young people in West Bromwich and across the country want to get on the housing ladder. That is why we have committed to build 1.5 million new homes in this Parliament and why we have returned stability to the economy, allowing the Bank of England to cut interest rates six times. It is also why, in my Mansion House speeches, I have announced regulatory reforms to make it easier for banks and, crucially, building societies to lend more to first-time buyers, and they are doing just that.

Oral Answers to Questions

Debate between Rachel Reeves and Sarah Coombes

Tuesday 27th January 2026 Commons Chamber

[Sarah Coombes (West Bromwich) (Lab)]

Thanks to the policies of the Labour Treasury team, Sandwell will receive £1.5 million to smarten up our towns. Does the Chancellor agree that local people should have a say in how that funding is spent, and will she encourage people in Rowley, West Bromwich and Oldbury to fill in my survey about how we spend this Government cash?

[Rachel Reeves]

I very much encourage people in my hon. Friend’s constituency to fill in her survey. The Pride in Place money, which we are allocating across some of the most deprived parts of the country, will make a huge difference in regenerating areas left behind by the previous Government. I encourage everyone in all our communities to get involved, and to shape those plans, because those plans can only be improved by direct contact with the people who stand to benefit from them most.

Spring Statement

Debate between Rachel Reeves and Sarah Coombes

Wednesday 26th March 2025 Commons Chamber

[Rachel Reeves]

We support military families wherever they are based in the United Kingdom. We will set out more detail in the spending review in June. In the past few months, we have already taken back into the public sector homes that were previously contracted out to the private sector so that we can make improvements to military accommodation, which I know will be welcomed in the hon. Lady’s constituency and by military families across our country.

[Sarah Coombes (West Bromwich) (Lab)]

My West Brom constituents work hard and pay their taxes, and they want to know that the Government treat that money with respect. I am glad that we finally have a Chancellor who is being careful with every pound of taxpayers’ money so that we can invest in the NHS, which has seen a 10% cut to the waiting list in my area. How is she drawing a line under the waste and chaos of the previous Government and finally putting our public finances back on a stable footing?

[Rachel Reeves]

My hon. Friend speaks powerfully on behalf of her constituents, ensuring that the people of West Bromwich get a good deal from their public services and value for money when they pay their taxes. There was too much waste under the previous Government. That was exemplified during the pandemic, when so many contracts went to friends and donors. We have appointed a covid corruption commissioner because we want that money back in our public services, not in the hands of Tory friends and donors.