Budget Resolutions and Economic Situation

Richard Holden Excerpts

Wednesday 3rd March 2021 Commons Chamber

[Mr Richard Holden (North West Durham) (Con)]

I want to concentrate quickly on three key points today. First, I thought that this was an excellent Budget, which was about recovery, delivering on our manifesto and economic credibility in the long term.

On the recovery, I support the extension of the support and the grants through to September this year. That is really important for all our businesses and for people in employment locally. The VAT support—5% rising to 12.5%—will also give our hospitality sector real time to get on its feet. I ally that with a campaign that I was involved in, along with many Conservative Members, to ensure that our pubs and clubs could get back to recovery with no increase in beer, spirits or wine duty. That is really important. Fuel duty is hugely important for communities such as mine, because those taxes are particularly regressive on people just going back into work at the moment, so those measures are absolutely vital and very welcome.

On delivering the manifesto, it is quite clear that we are doing a cracking job. The cash is there for the police and the NHS. There is a cash increase for schools, as well as cash for the environment—that is really important —and for levelling up, and I will touch briefly on what that means for the north-east today. We have seen that great new freeport in Teesside. We are seeing the Treasury coming to Darlington. That is really important and recognises how important our towns are. Hopefully, that will feed through into some of the Treasury thinking more broadly. I hope that that boosts our campaign for the A68 upgrade, which I am working on with several other Members from across the north-east. I thank the Chancellor for ensuring that that cash going into the NHS means that Shotley Bridge gets the extra £10 million that I have been campaigning for over the last few days.

This is about credibility; we have had a really honest approach from the Chancellor today, outlining where the cash has to come from. That is in stark contrast to the Labour party, which for years banged stealth taxes on our constituents against their wishes. Until the Opposition learn that lesson, they will never be in government again.

Ordered, That the debate be now adjourned.—(Michael Tomlinson.)

Debate to be resumed tomorrow.

[Mr Deputy Speaker (Mr Nigel Evans)]

Will those leaving the Chamber please do so in a covid-friendly manner, particularly in order for the Minister to take his position?