Budget Resolutions Debate

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Department: HM Treasury
Tuesday 12th March 2024

(1 month, 3 weeks ago)

Commons Chamber
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Janet Daby Portrait Janet Daby (Lewisham East) (Lab)
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This Budget has been delivered as we mark nearly 14 years of Conservative economic failure. The Institute for Fiscal Studies’ headline is:

“This will be the biggest tax-raising parliament on record”.

So many individuals and families across our country are suffering as a result. They are suffering from continually rising food prices, and increases in the cost of general household bills, insurance, general services, private rents and mortgage payments. People are also having to wait longer for public service appointments.

The OBR has stated this will be the worst Parliament on record for living standards, and that is shameful. Furthermore, the UK’s productivity levels are concerning. A lack of productivity can make it harder to grow the economy and that has severe consequences. End Child Poverty has estimated that more than 8,000 children are experiencing poverty in Lewisham East, and that is coupled with a homelessness and housing crisis. According to Shelter, more than 7,000 people across Lewisham are homeless and nearly 4,000 children are living in temporary accommodation. A child’s background and upbringing have a strong influence on their future achievements, but now many who live in the private rented sector are having their health impacted by the poor condition of their homes. To see that, we need only look at the tragic case of Awaab Ishak, who died aged two from a respiratory condition caused by exposure to mould at his home. A Citizens Advice report last year found that 1.6 million children live in privately rented homes with damp, mould or excessive cold.

Families are also finding it harder to provide for themselves. Families should not have to use food banks; that should not be part of our society, but it is on the increase. Although we have amazing organisations locally and others such as the Trussell Trust, we see that the demand is increasing—we see that at the Lewisham food bank, but it should not be the case.

In addition, the Government are starving local authorities of resources, making it harder for them to help people, despite their trying their best. Since 2010, the Government have taken millions of pounds out of Lewisham Council’s budget, and I know that it is not just my local authority’s budget that is experiencing that. Many local authorities have found themselves on their knees and have had to be bailed out by the Government. I am glad that my local Labour party does a monthly food collection to help young people to access warm and nutritious food, but that alone will not solve the cost of living crisis and it will not end the recession. That is why I am pleased that Labour, if elected, will provide free breakfast clubs in every primary school. That will help to drive up attendance and standards so that young people can work towards their goals and ambitions. Additionally, Labour has a long-term plan to grow our economy and improve productivity to deliver more jobs, more investment and more money in people’s pockets. It will not be an easy or quick task.

The Budget was the Chancellor’s last attempt to show that the Conservatives can be trusted with the economy, but nothing could be further from the truth. The only thing the Budget shows is that we need a general election.