Budget Resolutions

Sarah Bool Excerpts

Thursday 29th October 2026 Commons Chamber

[Sarah Bool (South Northamptonshire) (Con)]

The Chancellor started his remarks yesterday by praising the previous Chancellor, the right hon. Member for Leeds West and Pudsey (Rachel Reeves). He said:

“She brought fiscal discipline to this country.”

He also said:

“She took the decisions required to boost investment”.—[Official Report, 28 October 2026; Vol. 792, c. 301]—

apparently! However, what he omitted is actually more telling. The previous Chancellor increased taxes on business, crippled farmers with taxes, and ballooned the welfare bill and borrowing. If that fiscal discipline was so great, perhaps she might have been delivering the Budget yesterday.

The Chancellor also talked about giving Britain some “breathing space” on the cost of living and the cost of business. If this is breathing space, he needs to be very careful of a misrepresentation—the Budget was a faulty inhaler at best.

I am particularly concerned by some of the devolution measures in the Budget. There was a lot of discussion about devolution, but Northamptonshire is not being considered at the moment, and we are battling for any provisions around mayors. We are battling to be considered as part of a unit of six, but the Government are looking at Bedford, Luton and Milton Keynes. When so many decisions will apparently be devolved to these authorities, it is important that Northamptonshire has its right place in the discussions. I hope that we can continue to make the case for Northamptonshire to be part of that unit.

The defence of the realm is absolutely essential, and we all know how vital it is that we get to spending 3% of GDP on defence by 2030, but some of the Defence Secretary’s comments earlier were incredibly shocking. Conservative Members asking detailed questions about how we will achieve that spending should not be dismissed or joked about. It is absolutely right that this Chamber is the place where those questions are answered, so I ask that the Secretary of State reconsiders his approach the next time that the Opposition ask such questions.

When the Chancellor was the Secretary of State for Defence, he resigned for exactly the reason that we could not necessarily reach that 3%. All that was mentioned yesterday was a target. I remind everyone that a target is defined as something that we aim for; we need a full-on commitment here and now. The Budget was given a title that mentions “Fresh Hope for the Future” but this is not about hope for the future; this is about the Government delivering. Hope, as they say, is a little like a rocking chair: it gives us something to do, but it gets us absolutely nowhere. Actions speak much louder than words.