Budget Resolutions

Graham Leadbitter Excerpts

Monday 1st December 2025 Commons Chamber

[Graham Leadbitter (Moray West, Nairn and Strathspey) (SNP)]

I will focus on particular measures in the Budget that will have a massive impact on my constituents in Moray West, Nairn and Strathspey, and more widely across the north and north-east of Scotland.

First, one of the bigger contributors to the cost of living crisis is the cost of energy. To recap where we are at present, the Labour party promised a £300 reduction in energy bills in their manifesto, but since the 2024 election, consumer and business energy bills have risen substantially. It is estimated that by April, energy bills will be up to £560 higher than the Labour party promised. Taking into account the measures in the Budget, they will still be more than £400 higher than promised. The Resolution Foundation estimates that by 2029-30, energy bills will be £60 lower than current prices, making them about £430 higher than at the time when the Labour party made their manifesto commitment.

The Labour party’s latest swindle on energy bills is already falling apart. To compound matters, my constituents and businesses in the north of Scotland already pay the second highest level of electricity prices in the UK, second only to north Wales and Merseyside, despite vast amounts of energy being produced on their doorstep. That basically means that those consumers are paying for a regulatory system that was created when Battersea power station sold energy rather than Rolexes—a system that successive Governments have manifestly failed to deal with. It is shocking energy price discrimination, with price increase misery heaped on top.

[Patricia Ferguson (Glasgow West) (Lab)]

Does the hon. Gentleman think that his constituents would have benefited if Nicola Sturgeon had delivered the promise that she made eight years ago to the people of Scotland to deliver a publicly owned energy company for our country? I think it would have made a difference, but unfortunately it never happened.

[Graham Leadbitter]

I agree that we need a publicly owned energy company, and I would fully support that. The problem is that we do not have the full powers of an independent country, which are just the normal powers that we would need to do that. I am glad that the hon. Lady recognises that problem. We are nearly 18 months into this Government and their energy price promises have fallen apart, alongside the collapse in trust in the Chancellor.

Secondly, let me come to the Chancellor’s treatment of the North sea. Today, Harbour Energy announced a further 100 job losses, on top of the 350 it announced earlier in the year. Mossmorran, Grangemouth, Aberdeen port and many other sites and companies associated with the North sea energy sector are closing, reducing the workforce or focusing elsewhere in the world, as the sector grapples with a fiscal regime that not only acts as a barrier to investment but is accelerating decline. The latest announcement of job losses is pinned squarely on the Government’s failure to reform the energy profits levy. The decision by the Government to do nothing is akin to Thatcher’s treatment of miners and their communities and the steelworkers at Ravenscraig.

[Dr Arthur]

At the SNP conference, I think the First Minister said that he was keen to replace the energy profits levy, but he was not quite sure what he was going to replace it with. Does he know yet?

[Graham Leadbitter]

I would be happy to debate that when it is brought before the House by the Chancellor, if that ever happens.

To accelerate the demise of an industry without ensuring that the right and appropriate time is available for the transition is frankly criminal. I have heard many times Labour Members railing against the impact of Thatcherism in the 1980s—and they are right to do so—yet now they are defending their record of doing the same thing to our oil and gas sector. It is utterly shameful.

[Kirsteen Sullivan (Bathgate and Linlithgow) (Lab/Co-op)]

Does the hon. Member accept that 75,000 jobs were lost from the oil and gas sector between 2016 and 2024, under the previous Conservative Government? Does he welcome the North sea jobs service, which this Government will bring in next year?

[Graham Leadbitter]

On both those points, I absolutely do. The previous Government introduced the climate change targets, and they have now withdrawn from those. That is the last thing that the energy sector needs; we need investment in renewables.

On the jobs and skills side of things, there is investment from both the UK Government and the Scottish Government. I welcome their partnership on that, but compared with the impact of the energy profits levy, it is frankly small beer. It will not have an impact unless there is an underpinning fiscal regime that actually supports those jobs until we have a renewables sector ready to take those jobs on. That is simply not there at the moment, and unless the fiscal regime changes substantially, those jobs will not be there and people will simply be on the scrapheap.

The worst cost of living crisis for any family is when a family member loses their job. Some 1,000 jobs are going every single month in the energy sector, and the transition plan—if the Government actually have one—is doing little to nothing to support those workers, their families, or the communities they live in. The Government must take urgent action on the EPL, or we will have another industrial jobs disaster, such as Ravenscraig, that will reverberate in communities for generations.

Let me turn to the plight of WASPI women, who continue tirelessly to campaign against the wrong done to them. A year ago, almost to the day, I asked the Prime Minister when they would be compensated—he flannelled his answer and refused to commit. In the space of that year, around 3,500 WASPI women have died without compensation. The Chancellor made no mention of WASPI women in the Budget statement, despite the Government having to rethink things following recent court proceedings. Action must be taken urgently to give compensation to WASPI women, who have been left without the pensions they deserve because successive Governments communicated with them so badly.

[Dr Arthur]

I think there is support for this issue across the House. I do not know any MP who does not think that the WASPI women should not be compensated, because their fight is a just fight, but there is uncertainty about how it would be funded. How would the hon. Gentleman fund it?

[Graham Leadbitter]

We have made the point repeatedly that there can be additional funding from banks, which I know hon. Members from the Liberal Democrats agree with, and funding could certainly be made available through a wealth tax, which we have supported for a long time.

The one thing I can welcome from the UK Government in this Budget is the removal of the two-child benefit cap, but I have questions for Labour Members. A principled few Members voted in support of the SNP’s amendment to the King’s Speech nearly 18 months ago, including the hon. Member for Leeds East (Richard Burgon)—I agreed with pretty much everything he said earlier. That could have happened then, but Labour Members chose not to support it. I am glad and grateful that they do now.

[Several hon. Members rose—]