Budget Resolutions

Carla Lockhart Excerpts

Tuesday 2nd December 2025 Commons Chamber

[Carla Lockhart (Upper Bann) (DUP)]

Despite all the “lines to take” that the Labour Whips have handed their MPs in an attempt to sell the Budget as something positive, the reality is very different. The content of this Budget is deeply damaging to pensioners, employees, employers and the wider economy. This is a Government who, it appears, are making up reasons to take back double or treble. While the rise in pension is welcome, it is not a new policy. Yes, the protection for pensioners’ ISA savings is welcome, but it penalises those who have not yet reached pension age and limits their ability to save. Where do hard-pressed workers get the benefit to invest their money? At the same time, saving into pension schemes has become yet another tax grab.

We have been consistently told of a £20 billion black hole, and for weeks we have been fed the line that it has ballooned into a £50 billion crisis in just one year, but now we hear that there is no black hole at all. The OBR has been keeping both the Prime Minister and the Chancellor updated on a bi-weekly basis in respect of their forecasts. We now know that when the Chancellor and other Labour Ministers were out in the media painting their stories of doom and talking down the situation, creating volatility in the stock market, the Government knew all along that their briefings were inaccurate.

What we have in this Budget penalises those who work. I noted a quote yesterday from the Leader of the Opposition about how a working family needs to earn £71,000 per year to be as well-off as a family of three on benefits. This Budget is a burden on workers, and it is clear that Labour Members are not the friends of workers. For years in opposition, they made great promises to the nation that they would lead, but the reality has been very different, with broken promises and broken manifesto pledges, and they are slowly breaking our country’s workers, who cannot give any more.

Looking closer at the Budget, the increase in the minimum wage is positive in principle, but it will mean little in practice when employers are hit with the double blow of the national insurance rise and higher wage costs. Retailers and other businesses will inevitably raise prices to cover these additional burdens, and perhaps have to make redundancies, wiping out the benefit for many workers.

[Blake Stephenson]

Does the hon. Lady agree that while Labour in government pretends that it is the party of fairness, this Budget is deeply unfair to both her constituents and my own constituents?

[Carla Lockhart]

I thank the hon. Member for his point.

The poorest will become poorer while workers are asked to pay more to support people who come here from overseas and go straight on to benefits, with little incentive to work. The system means it is more lucrative not to work than actually to contribute. It is time that this Government put British citizens, British workers and British employers first. It is time for the Chancellor to get tough on tax avoidance and offer genuine support to the hard-pressed workers who are doing the right thing and paying their way.

Perhaps the most appalling tax grab in this Budget is the attack on our family farms. The announcement making business property relief and agricultural property relief transferable is a meaningless gesture and an insult. The family farm death tax remains fully intact—farmers gain nothing. Across the UK, the picture is grim. The Government seem intent on taxing family farms beyond profitability. It is a tax on death and a tax on tragedy. What can be more immoral? This path will damage agriculture at its core. Farming is the backbone of our nation. Food security is national security. Undermine it, and food prices will rise and we will rely on lower-quality imports at higher cost. There is no good news for farmers in this Budget, and when we vote on that resolution later, I urge Members to do the right thing.

Furthermore, the Budget does nothing to remove the trade barrier separating Northern Ireland from the rest of the United Kingdom. The £16.6 million package does not change the reality that businesses still face checks, paperwork, delays and extra costs when trading with Great Britain. If the Government remove the checks, they will save the £16.6 million immediately. We look with some envy at the Department of Government Efficiency in the United States, and wonder why the UK cannot match that level of waste reduction. There are quick, real-time savings available such as to cut excess immigration spending, make work genuinely rewarding, ensure everyone pays the tax they owe, pulp the costly madness of net zero and tackle waste across Government.

This Budget offers presentation rather than substance. It fails workers, employers, farmers, policing, health, hospitality and our taxpayers. There is a clear solution: get tough on immigration, tough on crime and tough on tax evasion, and get our country back to being the envy of the world. That is where we belong.