Budget Resolutions

Debate between Wes Streeting and George Freeman

Monday 11th March 2024 Commons Chamber

[Wes Streeting]

I strongly agree with my hon. Friend. We should not be complacent about that, because slipping down international league tables is not just a missed opportunity, but a missed chance to save lives, improve outcomes and generate income for our national health service. Everyone wins when we have our national health service and life sciences sector working together in partnership to ensure we are developing the latest treatments and technologies in this country, to ensure we are manufacturing those treatments and technologies in this country, and to ensure patients get the benefit in this country. Should Labour win the next general election, I have no doubt that she and I will do a great deal together to improve outcomes, particularly in relation to brain cancer, which we are both passionate about—not least because of the late great Margaret McDonagh, who remains an inspiration to us all—but also in so many other areas where that kind of groundbreaking science has the potential to improve our economy and save lives.

[George Freeman]

rose—

[Wes Streeting]

I will certainly give way to the former Minister.

[George Freeman]

I am grateful to the hon. Gentleman for giving way. I am enjoying his knockabout speech, but does he welcome the £650 million package we put out last spring to reverse the covid damage to life sciences, and, more importantly, does he respect the way that several of us have pursued this issue in a non-partisan way? The sector needs to know we are working together. I invite him to say that he intends to build on that legacy and continue to keep it as a sector that goes beyond politics.

[Wes Streeting]

I certainly give the former Minister this assurance: where the Government have had good ideas and where the life sciences strategy is in the right place, we do not intend to tear things up just because there are Conservative fingerprints. Indeed, we welcome aspects of reviews the Government have undertaken—particularly that conducted by Lord O’Shaughnessy, and we welcome the Government’s commitment to implement it in full—but there is more to do. I remain frustrated that when I talk to UK life sciences, in particular start-ups and medtech entrepreneurs, they describe the NHS in pretty poor terms as a partner. That culture and practice must change.

[George Freeman]

indicated assent.

[Wes Streeting]

I can see the former Minister nodding emphatically. Even amidst this rowdy Budget debate, we have managed to achieve some consensus. Of course, the hon. Gentleman is very welcome to join us on the Labour Benches should he wish to help us in the task.

The hon. Member for Bassetlaw (Brendan Clarke-Smith) is another Member who will be absolutely delighted to have his fingerprints on the Budget. How will he explain to his constituents, getting by on £20,000 a year, that he is an architect of the Budget that will leave them paying £447 more in tax this year? They will all walk through the Lobby to raise taxes on working people, but they will not defend their decision in the House.

It is no surprise that the Conservatives are ashamed of what they have done to the country. Fred Thomas, Labour’s candidate in Plymouth, Moor View, told me about Izzy Cioffi. Izzy left the Royal Marines last year after eight years of service. He has been working hard as a telecoms engineer, in a good job which a few years ago would have enabled him to get by and even put some money aside each month. He wants to train for a commercial diving qualification, but the cost of all his basics—fuel, food, mortgage and energy bills—has risen so much that he cannot afford to put any money aside. This is a young man with no dependants, in a good job. He should have his entire future before him, but the state of the economy is holding him back from opportunity. That is the cost of what people in the country are calling “Rishi’s recession”.

What about the Conservatives’ record on non-doms? We know that Conservative Members do not support the abolition of non-dom tax status, because they have been telling us so for the past decade. The howls of protest from the Benches opposite were deafening from the moment Labour first proposed what is a simple policy and principle—that people who live and work in Britain should pay their taxes here too. The right hon. and learned Member for Northampton North (Sir Michael Ellis) said that it would be “anti-aspirational”. If only he had as much aspiration for our NHS and schoolchildren as he has for people avoiding their taxes. His constituents will remember that he fought for non-doms, not nurses. In stark contrast, Labour’s candidate Lucy Rigby, whose mum worked in the NHS, is committed to getting the NHS in Northampton back on its feet and fit for the future. That is the choice that voters in Northampton face.

The hon. Member for Stoke-on-Trent North (Jonathan Gullis) suggested that the money raised would drop year on year, as non-doms would leave the country. Why does he have so little faith in Britain? Why does he think that the only reason people would want to live in this country is to avoid paying taxes? If he cannot see that Stoke-on-Trent has so much more going for it than non-dom tax status, I suggest that his constituents might prefer an MP who has some pride in his city and some pride in his country, and elect David Williams at the general election.

During the election campaign, when the Conservatives are touring the broadcast studios to criticise Labour’s plans, we must never forget that the Chancellor said that abolishing the non-dom tax status would not benefit the taxpayer, the Secretary of State for Levelling Up, Housing and Communities said that it would lead to “talent flight”, the Health Secretary said that it would put 230,000 nurses at risk and put in jeopardy Britain’s place as the filming location for the “Barbie” movie, and the Under-Secretary of State for Health and Social Care, the hon. Member for Lewes (Maria Caulfield), said that it was

“as much use as an ashtray on a motorbike.”—[Official Report, 28 February 2023; Vol. 728, c. 710.]

Now each and every one of them is preparing to vote for Labour’s plan. The bright glow coming from the red-faced Members opposite is blinding. We must never forget that they criticised our policy, they criticised our costings, they have adopted our policy and they have adopted our costings. They do not have any credibility left.

The fact that the Conservatives have finally relented is further evidence that Labour is winning the battle of ideas again today. Never again can the Conservatives claim with a straight face that Labour does not have a plan. They would not have the first idea what to do if they did not have our plans to pinch. In fact, it seems to me that the Labour party has replaced the Institute of Economic Affairs as the Conservatives’ most influential and favoured think-tank. Look at the impact that we are having on Government policy. Labour’s NHS workforce plan: nicked. Labour’s plan to recruit dentists to the most under-served areas: nicked. Labour’s plan for a progressive ban on tobacco: nicked. Labour’s plan for a windfall tax on oil and gas giants: nicked. And now Labour’s plans to abolish the non-dom tax status: nicked. If the Conservatives are so desperate to see Labour’s manifesto implemented, they should just call a general election.

Finance (No. 2) Bill

Debate between Wes Streeting and George Freeman

2nd reading
Tuesday 13th April 2021 Commons Chamber

[George Freeman (Mid Norfolk) (Con)]

It is a great pleasure to speak in this debate and to follow the hon. Member for Glasgow Central (Alison Thewliss), principally because I can say how wonderful it is that the Scottish people have enjoyed the benefits of this great British vaccine success. It has been enjoyed by the entire United Kingdom, and funded by our deep commitment to UK life science, which comes from the United Kingdom Government. The great Scottish cluster benefits from that hugely. I was surprised not to hear the hon. Lady accept and regret the fact that, had the Scottish Nationalist party succeeded in persuading the people of Scotland to leave, they would not now be enjoying the vaccine security that they currently are. It is a wonderful thing. We are stronger together in health as we are in economics.

As my right hon. Friend the Financial Secretary put it so eloquently at the start of this debate, covid has been not just a health catastrophe, a global pandemic on a scale that none of us in this generation has seen before, but an economic catastrophe. It has been an economic shock to this country and to the global growth engine, which is not yet over. It is a sign of the generosity of the Treasury’s support that it will be only when the furlough programme, which has been rightly extended, ends in the autumn that the beginnings of the full reveal of the economic damage will strike us all. It is for that reason that the measures in the Finance Bill and in the wider relief that the Government have put in place are to be so welcomed and are so important.

I will, if I may, start by echoing the comments of others and by thanking the Chancellor and his teams—both his ministerial and official teams. It is not that common to praise Her Majesty’s Treasury in this Chamber, and particularly not for moving with speed, compassion and an instinctive desire to spend money on behalf of the health of the British people. This happened both in the economic crisis in the crash, when the Treasury moved at pace over one weekend to put in place a phenomenal package to prevent the meltdown of the City of London, and in this crisis. Indeed, it is barely possible to think that, a year ago, the Chancellor stood here and took the nation by surprise with the pace, compassion and speed with which he announced his package. The fact that more than 1 million jobs have been furloughed and protected and £800 billion has been spent in immediate relief is an absolute cornerstone of the fact that the economic recovery that we are now beginning to see is so strong.

[Wes Streeting (Ilford North) (Lab)]

The hon. Gentleman makes a comparison between the Treasury’s response to the covid crisis and the Treasury’s response to the last financial crisis. I wonder, therefore, whether we ought to be blaming the enormous deficit and debt now on Conservative profligacy or whether we will finally accept that, in 2007-08, as now, the Treasury did exactly the right thing to prevent the economic situation being even worse than it would otherwise have been.

[George Freeman]

The hon. Member makes an interesting point that I relish responding to. My praise was for the Treasury in moving at pace to solve and sort a crisis incubated by the last Labour Government in leaving this country deeply vulnerable as a result of a whole series of measures put in place during the Blair and Brown years, not least the smash-and-grab raid on our pensions and the foolish and reckless deregulation. The Treasury moved quickly to solve a crisis, but I am not claiming, at the same time, that the Government of the day were not responsible for incubating that crisis. They are different points.

Oral Answers to Questions

Debate between Wes Streeting and George Freeman

Thursday 30th January 2020 Commons Chamber

[George Freeman]

My hon. Friend makes an excellent point. I would be delighted to meet her and the roads Minister, Baroness Vere, who is in the Gallery.

[Wes Streeting (Ilford North) (Lab)]

T7. Given that nearly three years have passed since the all-party parliamentary group on taxis laid out the case for reform of legislation governing the taxi and private hire industry, and a year has passed since the Government accepted that case, when can we finally expect them to legislate for the reform we need?