Budget Resolutions

Wendy Morton Excerpts

Wednesday 6th November 2024 Commons Chamber

[Andrew Griffith]

My right hon. Friend is exactly right. We have heard talk from Labour Members of a circular economy. Well, this is entirely circular. As the OBR observes, the measure does not add to growth, and as my right hon. Friend mentioned, three quarters of the burden will fall on the low-paid. The Labour party has a distinguished record on these matters, and if Labour Members are serious and thoughtful about this, they will interrogate their Front-Benchers in much greater depth, because the measure will result in lower-paid, poorer jobs—and it will be much harder for people to get on the jobs ladder in the first place.

There is an enormous number of unanswered questions. The impact on GPs is uncosted.

[Wendy Morton (Aldridge-Brownhills) (Con)]

And on charities.

[Andrew Griffith]

Indeed, there will be an impact on charities and the third sector—those who care for us at the most difficult points in life. On Friday, I met representatives from a charity in my constituency that cares for those with dementia. Its income is fixed, its needs are ever present, and as a result of this Labour Budget, it simply does not know how it will balance its books.

--- Later in debate ---

[Wendy Morton (Aldridge-Brownhills) (Con)]

I am grateful for the opportunity to speak in the Budget debate. I congratulate the hon. Member for Sherwood Forest (Michelle Welsh) on making her maiden speech, and wish her well.

Last Wednesday, we sat in this Chamber to listen to the Chancellor’s Budget of broken promises, and as each day has gone by, we have witnessed the mask slip from this Labour Government. Even before the Budget, we saw the Chancellor start to set out her stall with the callous cutting of the winter fuel allowance, and just this week Labour has attacked students with a monumental hike in tuition fees—a tax on aspiration and on young people and their hard-working families. As the week has gone by, we have seen the Budget unravel as manifesto promise after promise has been broken. I have constituents —from pensioners and farmers to businesses, charities, community organisations, GPs and many more—coming to me with anxiety and worries.

My local farmers are devastated. Promises made to them have been broken with no consultation, giving them no opportunity to plan. The Government have shown that they are no friend of the farmer, the producer of our food and the guardian of our countryside. Farmers have gone from food heroes during covid to being abandoned in the cold. The Government seem to have failed to grasp that family farms are not only farms; they are much more. Family farmers invest in their businesses for the long term, for the next generation. The Government need to keep their promises, reverse the changes to agricultural property relief and business property relief, and abolish what I and others now term the family farm tax.

[Graham Stuart]

I think it was Thomas Jefferson who said that honesty is the first chapter in the book of wisdom. Does my right hon. Friend agree that the way that this Government are serially breaking all the promises they made during the election is corrosive for our politics?

[Wendy Morton]

Absolutely. Small businesses also face a tax on aspiration and entrepreneurship. Inheritance tax will be the death of enterprise. The increases to employer national insurance and the minimum wage will stymie growth and investment. Inflation looks set to be higher than growth under the Chancellor’s measures. In fact, far from this being a Budget for growth, the measures set out by the Chancellor will be a hindrance.

If we put all this together, who does it hit? Working people. Even the Chief Secretary to the Treasury admitted that on TV. Think, too, of the jobs for working people that will be lost, or never even created, thanks to the Budget of broken promises. This is a Budget that punishes pensioners, destroys our countryside, chases after our motorists, denies working families and their children choice over education, and saddles young people with more student debt. It is a Budget about ever-increasing spending, ever-higher taxes and an ever-expanding state. Prosperity has never been the result of the state handing out more taxpayer money; it has come from empowering businesses, entrepreneurs and families, and it is about enabling opportunity.

Once upon a time, Labour would have been thought of as the party of working people, but not now. Far from fixing the foundations, it is digging an even bigger hole.