Budget Resolutions

Anna Dixon Excerpts

Thursday 29th October 2026 Commons Chamber

[Mr Reynolds]

I thank the hon. Gentleman for his intervention. He should have listened to what I said in the previous 30 seconds. What I said was that we need to join the single market and negotiate a new customs union. I did not say that we need to rejoin the European Union.

First, Liberal Democrats would fix the biggest brake on our economy: the botched Brexit deal. It has put up barriers for every business that trades with our largest market. Small firms in Maidenhead tell me that they now spend more time filling in forms than filling in orders. Some have simply given up trading with Europe altogether. That is lost trade, lost jobs and lost revenue. We would rip up the Government’s red lines and build a new growth and defence partnership with Europe, including the single market and a new customs union.

We would grow our economy. According to independent research, those measures would bring in £27 billion a year in extra tax revenue by the end of the Parliament. We would give those proceeds back to the people who earned it by raising the tax-free personal allowance to £15,000 and raising the higher rate threshold to £56,000, taking 2.5 million of the lowest paid out of income tax altogether and putting £650 back in people’s pockets. It was the Liberal Democrats who raised the personal allowance before. We can do it again. That is how to cut taxes responsibly—we grow our way there.

[Anna Dixon (Shipley) (Lab)]

Would the hon. Gentleman wish to add his thanks to the Chancellor for the new low-income tax-free allowance for pensioners, which will ensure that they can keep their state pension and hard-earned pension?

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[Liz Twist (Blaydon and Consett) (Lab)]

I welcome the opportunity to speak in today’s debate on the Budget, and to talk about some of the things that will affect my constituents. This Budget does indeed provide the breathing space needed by families, workers and small businesses across the country, built on the bedrock of fiscal discipline and helping families to deal with high living costs. Most notably, looking at energy costs, over 92% of households across the Blaydon and Consett constituency will benefit from the household energy payment, directly delivering £100 to help households with bills this winter, alongside the extension of 0% VAT on electricity. Many of these houses are of course of poor quality and poorly insulated, so it is particularly welcome. For local motorists, tradespeople and commuters, extending the 5p fuel duty cut keeps daily costs down, and many constituents have written to me about that.

When talking to the North East chamber of commerce recently, I heard that our local businesses were concerned about operating with the current system of taxes. For our high street businesses, the £1 billion business rates package ensures that over 52% of retail, hospitality and leisure properties across the north-east will pay no business rates at all next year, giving independent traders room to plan and to invest. Alongside the 35% business rates relief for pubs, the new guest beer legislation will give local landlords the right to serve locally brewed beers on tap, supporting independent north-east brewers such as the Firebrick Brewery in Blaydon and the Thirsty Moose in Ryton, which have spoken to me about these issues.

[Anna Dixon]

Like my hon. Friend, I have small breweries in my own constituency, including the Saltaire Brewery, the Goose Eye Brewery and SALT. Does she agree with me that, with rising energy costs, the £10 million annual alcohol duty relief for small brewers is very welcome from the Chancellor?

[Liz Twist]

There are indeed welcome moves in this Budget, and I know that the guest beer one was particularly wished for.

On regional growth, I warmly welcome the new £1.5 billion borrowing facility for mayoral strategic authorities that was announced yesterday. In Gateshead, these devolved borrowing powers will allow us to move forward with the transformation of the Gateshead Quays development. Backed by £24 million in enabling funding from North East Mayor Kim McGuinness, essential site preparation and infrastructure work can now begin. Once these loans allow us to start investing in full, Gateshead will gain a world-class venue featuring a 12,500-seat arena and an international conference centre. The North East combined authority estimates that this ambitious development will attract over 1 million visitors every year, generate a £70 million annual boost to our local economy and create 2,000 good local jobs.

I want to set the record straight on the international investment summit. The Budget Red Book announces that

“The next International Investment Summit will take place in spring 2027 in Newcastle.”

I must gently correct the record for the Treasury. As the Chancellor announced in his speech yesterday, that major summit will actually be hosted on the south side of the Tyne, right in Gateshead. I look forward to seeing Tyneside on the global stage. As we prepare to welcome global investors, my firm hope is that the investment announced at the summit stays directly in Gateshead and the surrounding area, helping to further fund our local regeneration and economic growth, and benefiting my constituents on the Blaydon side and beyond to provide employment opportunities, so that it will affect the whole of Gateshead, not just the quayside.

There is a little-noticed measure in the Budget on the preventive departmental expenditure limit. I particularly welcome the creation of ringfenced preventive expenditure, which establishes a spending category for early intervention in the spending review. We do not have much detail on that, but I am going to get my bid in quite early. I want investment in preventive measures that affect all Departments in relation to suicide prevention and mental health. This is a really important issue and one that I come back to regularly. I warn those on the Treasury Bench that I will be referring to it many times in future, so that they do not lose the message—if they could take a note now, that would be helpful. Extensive research conducted by Samaritans and Mind demonstrates that every single suicide prevented saves our economy roughly £1.46 million. We cannot reduce lives to figures on a spreadsheet, but that shows that investment in preventive work on mental health and work on suicide prevention is well worth the money.

Across County Durham, 878 local properties will benefit from the real-terms business rates freeze, alongside 377 in Gateshead. To help our young people gain high-quality skills and secure good careers, new apprenticeship brokerage funding and expanded mayoral apprenticeship services will support businesses, including small and medium-sized enterprises, to hire and train the next generation. The derelict buildings fund will help both sides of my constituency, making a difference to our high streets.

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[Anna Dixon (Shipley) (Lab)]

In yesterday’s Budget, the Chancellor put in place measures that will put money back into the pockets of my constituents in Shipley, support our brilliant independent businesses, and deliver for carers and families across Bingley, Shipley, Baildon and the surrounding villages. This Budget does that without endangering the strong economic foundations that were laid by the previous Chancellor, my right hon. Friend the Member for Leeds West and Pudsey (Rachel Reeves). I echo the Defence Secretary’s tribute to her for her actions to restore economic stability after the Tories’ economic chaos.

Against a backdrop of global uncertainty, the new Chancellor faced a tricky balancing act rebuilding our public services and maintaining fiscal discipline, but this Chancellor and this Budget got that balance right, delivering security at home, with better public services, and security from threats abroad. I echo what other hon. Members have said and welcome the new energy bills breathing space that will give 36,500 households in Shipley a £100 payment this winter.

I am incredibly proud that, after years of campaigning, the carer’s allowance cliff edge will be abolished and replaced with a taper, so carers who earn just a little over the earnings limit will no longer lose their entire allowance. Carers should never be penalised for working an extra shift, so that unfairness ends under a Labour Government. I share our new Prime Minister’s ambition to reform adult social care, to ensure that disabled adults and older people get the care they need. I look forward to the spending review and hope that his ambition will be matched by the Chancellor in the spending review.

Briefly, I would like to echo my hon. Friend the Member for Blaydon and Consett (Liz Twist) and her enjoyment of the PDEL, the new protected prevention spend. It may seem a little geeky, but it could prove transformative. Let us stop paying for failure and crisis, and instead invest in early intervention. Just one example of where that could make a huge difference is in hospice and end of life care. If we funded our local hospices, such as Marie Curie and Sue Ryder, that are currently reliant on charitable funding, they could expand community support. This would deliver reductions in inappropriate and unnecessary hospital admissions at end of life, saving money in the NHS and ensuring more people die at home and in the community.

Finally, I welcome the defence spending. I hope that some of the fantastic, innovative small and medium-sized enterprises in defence in Shipley, such as Radio Design and Slipstream Engineering Design, can use it to grow the number of high-skilled jobs in my area.

This is a fantastic Budget. It shows that the Labour Government are listening to people in places like Shipley and backing workers, carers and our local businesses.

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[Lucy Rigby]

The Prime Minister confirmed earlier today that we will bring the welfare bill down as soon as possible. I am very happy to confirm that.

As the Chancellor said yesterday, when it comes to public services we will insist on reform, prioritisation and value for money. That is what resilience looks like: sound public finances, secure energy, strong defence and a state that is able to act when the country needs it to.

As hon. Members have made clear, including my hon. Friends the Members for Gloucester (Alex McIntyre), for Shipley (Anna Dixon) and for Leeds South West and Morley (Mark Sewards), the measures in the Budget will provide breathing room for families and businesses now, while also helping to bring bills down over the long term. We know that energy pressures are not just felt by families but by businesses, too. That is exactly why we are increasing the small business rate relief threshold for retail hospitality and leisure properties, taking around 70,000 more businesses out of business rates altogether. For other businesses in the sector, rates will be frozen in real terms for two years.

We are supporting high streets and the businesses that give them life. We are backing pubs, clubs and music venues. We are reducing the supply-side barriers that firms repeatedly tell us hold them back: energy costs, slow infrastructure decisions, red tape and access to finance. And because of our commitment to fiscal responsibility, all those measures are fully funded.

[Anna Dixon]

I thank my right hon. and learned Friend for her closing remarks and for responding to the points raised during the debate. Will she confirm that business rates relief will not apply to the vape shops that are popping up on our high streets and blighting them?