Budget Resolutions

Alan Brown Excerpts
1st reading: House of Commons
Tuesday 28th November 2017

(6 years, 4 months ago)

Commons Chamber
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Greg Clark Portrait Greg Clark
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Contracts for difference have brought down the price of renewable energy substantially. We have commissioned a review from Professor Dieter Helm—I know that the right hon. Gentleman knows him well—which has reported, and we will make our response to it. It would be wrong to pre-empt our consideration of that, but I hope that the right hon. Gentleman and others will give their thoughts on the Helm review. We have launched a consultation on that, as he knows.

Alan Brown Portrait Alan Brown (Kilmarnock and Loudoun) (SNP)
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I note the Secretary of State’s comments about the Dieter Helm review, but will the Government commit to moving away from their nuclear obsession, given—as he acknowledged—CfD has brought down the cost of renewable energy?

Greg Clark Portrait Greg Clark
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It is my view that we need to have a broad base of power supplies for our security in the future. We are now the world leader in offshore wind, which demonstrates that one comes not at the expense of the other, and that is the right and prudent way to proceed.

We have many world-leading industries, from financial services to advanced manufacturing, from the life sciences to the creative industries. In many cases, they are at the forefront of the technological revolution that is sweeping the world.

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Alan Brown Portrait Alan Brown (Kilmarnock and Loudoun) (SNP)
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This is the Budget that was trailed as the “Ruth” Budget for Scotland, and it is the Budget that the Scottish Tories have apparently stepped up to the plate and delivered for Scotland, so let us look at what they have delivered. They claim credit for the VAT exemption for the police and fire services. The SNP raised that in the Chamber 63 times and forced a vote on it, so we have clearly led the way. The Scottish Tories do not even seem to care about the need for a refund of the £140 million that has already been stolen.

What else have the Scottish Tories delivered? Nothing. Not one original idea in the Budget can be credited to them. We are still left with a rail budget that has been cut by £600 million in real terms, and with no Ayrshire growth deal. There was nothing about the £200 million CAP convergence uplift that was meant for Scotland and nothing about renewable energy, and we are faced with a real-terms revenue budget cut of half a billion pounds over the next two years. The 10 Democratic Unionist Members who still sit on the Opposition Benches managed to get a £1.5 billion package for a couple of key votes, and we are meant to believe that they are a solid voting lobby.

There was one welcome measure for the oil and gas industry in relation to the transferable tax history, but, as is pointed out in paragraph 3.54 of the Red Book, the idea was first mooted in a Government paper in 2014, so it is certainly nothing to do with Scottish Tories. The fact that it is predicted to bring in £70 million makes it an easy decision for the Treasury anyway.

Today’s theme may be the future economy, but that future economy has already been curtailed by the £30 billion of tax giveaways in the last Budget—£30 billion that could have been spent more wisely. The incoherent policies continue with the flagship announcement of a £3.2 billion stamp duty giveaway that is now predicted to do no more than increase house prices and bring in nothing for the Treasury bung. While increasing the pay gap for the young, the Government think that they can woo young voters back with the promise of a railcard, but paragraph 4.46 suggests that it will be funded by other rail users rather than the Treasury. Tuition is free in Scotland, but the Tories think that freezing fees at £9,250 per annum will bring young voters flocking back to them. I say to them that they are aff their heids.