Stamp Duty Land Tax

Joe Morris Excerpts

Tuesday 28th October 2025 Commons Chamber

[Rebecca Paul]

I will make that exact same point later in my speech, and I completely agree that that is a relevant change that will come from this policy.

I clearly see in my constituency the way in which stamp duty chokes and distorts the market as it penalises those who move, creates a disincentive for older people to downsize and deters growing families from upsizing into more suitable family homes. As the Institute for Fiscal Studies has put it, in a crowded field, stamp duty land tax is

“the most economically damaging tax in the UK.”

I cannot disagree with that.

My constituents feel that acutely. Stamp duty is all the more painful in an area where the average house price is now above £490,000. The young families I speak to, who have made the move out of London and settled in towns such as Redhill or Reigate, have been hit with eye-watering up-front costs that made those moves extremely challenging. Many more will have found it impossible. That is why our policy matters.

We intend to strip away one of the fundamental barriers to family life in this country. Eliminating stamp duty will save the average first-time buyer in the south-east around £4,000 and as much as £18,000 in London. Unlike the Labour party, we will not punish those looking to move further up the ladder with frozen thresholds and stealth tax hikes.

I would, of course, be expected to paint a suitably positive view of the proposal, but what do the experts think? Zoopla’s Richard Donnell has rightly said,

“More home moves would support economic growth and the ambition to build more homes.”

The Institute of Economic Affairs went further, calling this

“the single best reform any government could make to Britain’s tax system.”

Indeed, the case seems so strong that one has to wonder why the Government oppose us on this.

The truth is that Labour has always been the party of higher taxes on homes. It reversed the Conservative policy that raised the first-time buyer threshold to £425,000. It is freezing stamp duty thresholds in real terms, dragging more and more people into paying this punitive tax each year. While it talks endlessly about house building, its actions tell a different story. Not only is it on track to miss its self-imposed housing targets, but the Housing Secretary tried to block 237 new homes in his constituency despite promising to “build, baby, build”. By contrast, the Conservatives have delivered 2.8 million homes over the past 14 years, including nearly 750,000 affordable homes, and we pledge to go further.

[Joe Morris (Hexham) (Lab)]

I represent a rural constituency where young people are constantly forced to move away from the villages they grew up in. Will the hon. Lady explain to me where in rural Britain those affordable homes were located, where young people could move to and make a family life? For 14 years, they were shut out of the communities they grew up in.

[Rebecca Paul]

The hon. Member raises an important point. We have this situation where a lot of young people are forced to go elsewhere; indeed, the area where I live is very expensive and I am worried that my children will be forced to look elsewhere. That is why it is so important that we now focus on the future.

Oral Answers to Questions

Joe Morris Excerpts

Tuesday 1st July 2025 Commons Chamber

[Rachel Reeves]

We made a commitment in our manifesto not to increase the key taxes that working people pay, and we stick by those commitments because, unlike the Conservative party, we stick by our manifesto.

[Joe Morris (Hexham) (Lab)]

T6. Towns in my constituency, such as Prudhoe and Haltwhistle, have lost access to bank branches—Prudhoe lost its Lloyds branch in May—and Hexham is due to lose two branches in November. The closures have had a huge impact on customers and communities, but the guidance on banking hubs is often too restrictive. Will my hon. Friend meet me to discuss how we can support financial inclusion in Tyne valley, in the Hexham constituency and beyond?

[The Economic Secretary to the Treasury (Emma Reynolds)]

We understand the importance of in-person banking, in my hon. Friend’s constituency and elsewhere, which is why we secured a commitment from the industry to roll out 350 banking hubs across the United Kingdom. I am leading the work on a financial inclusion strategy, which we will publish later in the year and which emphasises the importance of access to banking, and I am always happy to meet my hon. Friend.

Access to Banking Hubs: Hertfordshire

Joe Morris Excerpts

Wednesday 25th June 2025 Westminster Hall

[Stuart Anderson (South Shropshire) (Con)]

It is a pleasure to serve under your chairmanship, Sir Desmond. I thank my hon. Friend the Member for South West Hertfordshire (Mr Mohindra) for securing the debate. Banking hubs are really important in his constituency, as they are in rural constituencies across the country, including mine.

My constituency is 700 square miles of the most beautiful towns and villages, which are a delight. With that beauty and tranquillity come remoteness and lack of connectivity for many people, who can feel isolated. We have seen the decline of the high street bank over years. Some services that we took for granted are no longer available, though they are still of huge importance to local communities.

We recently lost Lloyds banks in Bridgnorth and Ludlow, which is seen as a major loss to both towns. I was quick to launch a survey to find out what residents thought. They were overwhelmingly upset, because they still require face-to-face services and access to cash. We were fortunate that Dudley Building Society came to Bridgnorth recently, opening a branch just opposite my office, but it does not offer the full service of traditional banks, and setting up banking hubs, which is hard to do, is not viable at the moment.

I wrote to many organisations to see what support we could get on our high street. Link came back to me and said it had conducted an assessment—as many Members have said—but it did not recommend any additional services in any of my rural towns. It believed that there was adequate access to cash and banking services for local residents in all those areas. I disagree with that.

Bridgnorth is served by Nationwide and HSBC, while Ludlow has NatWest and Nationwide. However, if people are not with those banks, they are stuck. They might have been with Lloyds for years, only to find that they have to travel to Wolverhampton—or, if they are in Ludlow, to Hereford, which is probably 40 minutes away. That is not suitable for everyone. This is a reactive approach, just watching the decline of our high street. We should change the regulation so that we can be proactive and allow Link to put services into the high street. I do not want to wait for every bank to close before we can get a banking hub. That is not the right approach.

[Joe Morris (Hexham) (Lab)]

I thank the hon. Member for his part in this largely harmonious debate—although I challenge him briefly on which is the most beautiful constituency. I represent a constituency similar to his in many ways. The hon. Member for South West Hertfordshire (Mr Mohindra) registered the point about flexibility and Link. When that situation arises, the impact falls not just on those living within the tightly drawn parameters that Link draws, but on the more rural towns and villages that lie just outside those one-minute, 10-minute or 20-minute commuting distances. A hub would help businesses there, including hospitality businesses. Prudhoe in my constituency has just lost a branch, meaning that businesses have to go often from the borders of County Durham into Newcastle to access their bank of choice. Adding to the flexibility would be incredibly valuable and would grow and benefit the wider rural economy.

[Stuart Anderson]

The hon. Member is right; I said that people have to go 40 minutes from Ludlow to Hereford, but some might take 20 minutes to get to Ludlow. Given the inaccessibility of remote areas and rural towns, the system is not working. When the Minister sums up the debate, I would appreciate it if she could address the issue of how Link assesses access to banking hubs and the criteria used, and if she could tell me what support she can provide to get more banking hubs in South Shropshire.

Regional Growth

Joe Morris Excerpts

Wednesday 4th June 2025 Commons Chamber

[Darren Jones]

I thank my hon. Friend for his continuous campaigning for his constituency. I think I am right in saying that every time I have seen him in the House he has mentioned the Green Book review to me. He has been one of our most forthright campaigners for ensuring that we build the rules and frameworks to deliver for every part of the country. As the Chancellor announced today, we will update the Green Book, and will publish the outcomes of the consultation next Wednesday. He will have to wait a few days for the detail, but I think he will be pleased with where we have got to.

[Joe Morris (Hexham) (Lab)]

I welcome the huge investment in the north-east under this Government. For a long time, rural Northumberland was ignored and held in contempt by the Conservatives. May I encourage the Chief Secretary to reflect on the growth opportunities in the rural north-east, to communicate them to devolved leaders, and to recognise the development and growth opportunities that rural communities offer our economy?

[Darren Jones]

I thank my hon. Friend for the campaigning he undertakes for his constituents, and for rural communities. He touches on the important point that the funding we have made available to combined authority mayors today is not only for the combined authority, but the wider region. It is for mayors to decide how to spend the money we have given them, but we encourage them to ensure that people can benefit from the investment whether they live in a city, town or rural community. I know he will work with his mayor to ensure that.

Retail Investment

Joe Morris Excerpts

Tuesday 22nd April 2025 Westminster Hall

[Joe Morris (Hexham) (Lab)]

It is a pleasure to serve under your chairship, Mrs Hobhouse. I congratulate my hon. Friend the Member for Buckingham and Bletchley (Callum Anderson) on securing such an important debate and on covering so comprehensively and so vividly the challenges in the retail investment sector.

When I speak to people across my constituency about the challenges they face and particularly when I speak to entrepreneurs, the lack of financial education in schools often comes up; too often, however, a lack of confidence in rural infrastructure is also raised with me, and as the MP for a very sparsely populated seat, I will focus my remarks in part on that issue, as well as on some of the points that are more directly relevant to retail investment.

One of the things I have discussed with local businesses such as the Allendale Brewery, which I managed to visit over the recess, is the lack of targeted support, not just for retail investment but for entrepreneurs in rural areas, to make sure that their business ideas can be brought to completion. Grants or other forms of support relevant to urban areas simply do not exist in rural areas where, to be honest, the jobs created through such investment can have a transformational impact, due to the fact that a couple of jobs created in a small village will have a far greater effect than the creation of a couple of jobs in a city.

While we are talking about banks and large financial services, I also recognise that the withdrawal of those services and organisations from rural communities is incredibly worrying and incredibly damaging to people starting their investment, who cannot see anyone with the knowledge or ability to advise them. People are unable to go to those institutions for life’s expected or unexpected moments. If the proposed Lloyds closures across the Hexham constituency go through, there will be very few bank branches in my constituency, which will present a major challenge. I raised the subject in an Adjournment debate shortly after I was elected, so I know that the Minister is very aware of my position and views on rural bank branch closures, but I will not miss an opportunity to raise it again.

I also quickly want to raise an issue brought to my attention by the Vintage Hub, a fantastic business in my constituency. Its owners, Lisa and Douglas, were faced with a 40% rent increase from Advance Northumberland, an arm’s length body of Northumberland county council, which was simply not sustainable. One of the issues that I constantly hear about is lack of appropriate infrastructure, with the hiking up of rents driving people out of what are often commercially viable businesses. I know that the Vintage Hub is a very successful business, but in the block that it rents three businesses were forced to leave the unit because of the rent rise inflicted on them by an arms-length body of the Tory-run Northumberland county council.

I am sure the Minister is listening to this, but we need to ensure that we develop a financial services growth and competitiveness strategy that does not just prioritise retail investment across the country to restore our high streets, but takes into account the unique circumstances of local communities. It needs to get long-term, patient capital into communities that will otherwise be left behind in the past. I am thinking of smaller villages across the Tyne valley in areas that have been forgotten about for far too long, where we consistently see “To Let” or “For Sale” signs on prominent, attractive high street shops. We need to encourage development. I hope that how best to deploy retail investment capital is a major part of what the Government look at going forward.

Family Businesses

Joe Morris Excerpts

Wednesday 26th February 2025 Commons Chamber

[Joe Morris (Hexham) (Lab)]

It is a pleasure to follow some measured and passionate speeches from across the House on this important subject. As Members will know, I am very proud to represent England’s largest constituency by geographic area, and an area that was found to be one of the happiest in the country, with one of the best senses of community and belonging.

Over the recent recess, I was able to host a roundtable with the conductors of the “Belonging Barometer”, which was attended by many local businesses and community organisations. As has just been said, family businesses are the glue that binds together many of the strands of our community, particularly across the Tyne valley. In the aftermath of Storm Éowyn, we have seen heartening examples of family-run businesses in particular coming out, helping their community, providing those places to stay and to recuperate for communities that have taken a battering from extreme weather events that are sadly becoming all too common.

I was disappointed to read the Opposition motion. Once again, we are here discussing a kind of hodgepodge of various gripes and groans that the Conservatives have with Government policy. That is absolutely fine, and it is their right so to do—there are Members sitting on the Tory Benches now who I genuinely respect and, in some cases, admire—but they are better than that, and they should be better than that. [Laughter.] They can laugh if they want, although I know that some of them have considerable experience in writing manifestos that perhaps did not play out so well.

Ultimately, we need to achieve an environment in which family businesses and small businesses across the country and across our constituencies are genuinely supported by Government. One of the things that has come to my attention since being elected as the first non-Conservative MP for Hexham in a century is that a lot of businesses have said to me, “It is nice to have an MP who is really connected to the constituency—one who is not complacent.” That compares with some of the treatment that rural communities have received from the Conservative party in years past. We have MPs who are genuinely rooted in their communities, who went to school in those communities and who got their first jobs in local businesses. They can speak to businesses in their constituencies and deliver messages down here.

I have had conversations with businesses such as Brocksbushes farm shop, which did involve some patient disagreement over the Budget, but mainly involved real concerns over local infrastructure, such as the lack of bus stops on the A69 and the difficulties that the young people it employs have in getting to the business to work. The farm shop does a fantastic job. My now fiancée and I went pumpkin-picking there just after the election. It was a wonderful event, although I think Hana probably enjoyed it more than I did. Ultimately, from having those positive conversations and looking at what business needs, we can see that it is infrastructure and investment. They need a Government who listen, not one who embark on some kind of haywire, high-minded ideological crusade, as the Opposition did when in government. [Laughter.] They can laugh.

[Laurence Turner]

Does my hon. Friend agree that one of the other major challenges that small food businesses face is importing and exporting ingredients? That needs to be a focus for the review of the trade and co-operation agreement next year.

--- Later in debate ---

[Joe Morris]

My hon. Friend is far more well read and well researched than I could ever hope to be, but those barriers to import and export come up whenever I speak to farmers and food businesses. Getting the products made by fantastic businesses in our communities out to consumers is simply not as easy as it used to be.

The main concerns that I hear in my constituency are about infrastructure, bus routes and a lack of roads that are navigable, in some cases. I went out to visit the village of Newton—it has not so much a pothole, but more of a small gorge that has been carved into the road—to hear updates on the parish council’s continued missives to the county council. That is the kind of thing that holds back small and family businesses in my constituency, because they simply do not know whether the delivery driver will be able to get to their premises or they will be able to get to work. That is what is causing real uncertainty and real harm to businesses.

I urge Opposition Members to get a grip of their party and to object to some of the more terminally online things, such as this conspiracy theory over the pint. It is, as I have said, beneath them.

--- Later in debate ---

[Lewis Cocking]

Businesses in my constituency are putting off investing and employing local people because of the jobs tax and the Government’s proposed new regulation. I hope that when the Minister winds up, he will say what the Government will do to create the next generation of entrepreneurs.

We could turbocharge the education system. There are lots of fantastic teachers in my constituency and across the country who do a sterling job for young people. We could say to people who have created businesses, “We will give you some money off your tax bill if you go back to your secondary school and teach not from a textbook, but from real life experience about how to create growth, jobs and businesses and enthuse those students about creating their own businesses.” People do not have to go to a maths class to understand maths. Someone who has run a business could come in and say, “Right, we’ve got to do your accounts now. You’ve got to see how much you are going to pay people and how much tax you will pay.” We could get people in from the creative industries. They could say, “Right, now you have to design your logo. How are you going to do that? You’ve got to design a TV advertisement for your product, for what you are going to sell.” We could be doing that. We could be thinking outside the box.

I have not heard what support the Government are giving to create the next generation of entrepreneurs. If we do not unlock their aspiration and continue to allow people to take risks and invest in their ideas, there will be no taxes coming in or money for public services. We must do this, and we must do it more regularly. I hope the Minister will tell the House how he will unlock the next generation of entrepreneurs and how we will support people to take what is, as I said, a massive risk.

[Joe Morris]

Does the hon. Gentleman agree that if the next generation of young people cannot get to work because of broken public transport, potholes or illness, it will ultimately hold them back? We are taking steps to fix those problems.

[Lewis Cocking]

The hon. Gentleman’s party is actually cutting the capital budget for transport. I have made this point time and again, but the Government could take on the utility companies that endlessly dig up the roads so that my constituents and many others across the country have to sit in traffic. That costs the taxpayer and the economy billions of pounds. If we get people to the shops and to work quicker, and traders, electricians and builders get to their sites quicker so that they can do their jobs, that will unlock growth, put more pounds in their pockets to spend on local high streets, which we need to protect, and enable them to take risks and employ people. But I have not heard that from the Government—I have not heard that we will take on the utility companies; I have not heard that we will unlock the aspiration of this country’s next generation through the education system.

Labour Members said in their manifesto and during the election campaign that they were the party of economic growth. I gently say to them that that is not working because fundamentally they do not understand that it is private business and our hard-working constituents in family businesses who create economic growth—not this disastrous Labour Government.

High Street Bank Closures

Joe Morris Excerpts

Wednesday 26th February 2025 Westminster Hall

[Ian Lavery]

Absolutely. It is essential and that is the whole reason behind this debate. I will get back to that.

I was more or less guaranteed, unofficially, that we had qualified in Bedlington. I was dumbfounded to see, when Link’s assessment was published some months later, that it suggested no additional services—no action to support the elderly woman from Bedlington station who banked in person on a weekly basis on Front Street, used the opportunity to speak with trusted members of staff without worrying about falling prey to scammers, met her friend for a coffee on Bedlington Front Street and took the opportunity to visit some local shops and spend a few pounds in the process.

There was no assessment of the impact on that woman, on other residents or on local businesses of allowing high street banking to be lost with no banking hub provided; no assessment of the impact on people like her who are now travelling to a neighbouring town and spending their money there instead. On inspection, it appeared that we had been turned down because there was a bank in Cramlington located 0.1 km closer to Bedlington Front Street, as the crow flies, than the regulations suggested were appropriate. That is why we were declined—because of 0.1 km—and it is time that that sort of thing was addressed.

We need to look at issues in the community such as deprivation, elderly people and those who, as the hon. Member for Strangford mentioned, are in desperate need of facilities on the high street. I immediately applied to Link and, as advised by its parliamentary liaison officer, I submitted an appeal, which was summarily dismissed without much discussion. I emphasised that Bedlington, as the fourth-largest town in Northumberland, should not need to use facilities in other towns.

[Joe Morris (Hexham) (Lab)]

My hon. Friend is making a powerful speech about a corner of the county that we share, and I am interested to hear his reflections on the communities that lose out on access to banking services. Does he agree that, with the shameful decision to close three branches in my constituency, there is a real risk that businesses in the Tyne valley, as well as elderly and vulnerable people, will lose access to those face-to-face services? Does he also agree that we need to consider the rural hinterland that is served by these larger towns when making these decisions so that rural businesses are not crippled by bank closures.

[Ian Lavery]

I fully agree with my hon. Friend from the neighbouring constituency to mine. Urban and rural areas face the same issues; we are being abandoned on the high street by these large banks. That is why we need to get the criteria changed to make sure that we allow Link—

Growing the UK Economy

Joe Morris Excerpts

Wednesday 29th January 2025 Commons Chamber

[Darren Jones]

Those sectors are important not just for UK plc, but for communities such as my hon. Friend’s. It is right that we support those businesses and the workers in those industries to develop opportunities to grow and invest, as well as to work through the transition required to ensure that they are sustainable for the future. That is exactly what the Government will be doing.

[Joe Morris (Hexham) (Lab)]

For 14 years the Conservatives ignored the economic needs of communities across the Hexham constituency, including the Tyne valley. Businesses and young people in my constituency are desperate to grow, invest and remain there. Will my right hon. Friend agree to come to my constituency and meet businesses to see the growth opportunities in the Tyne valley?

[Darren Jones]

I have a growing list of invitations, Madam Deputy Speaker. I look forward, if my diary manager allows me, to going to my hon. Friend’s constituency. He will know that the transport connectivity and the house building targets in our plan for growth are crucial to ensuring that people are able to seize opportunities where they are from, without necessarily having to leave where they are from and find opportunities elsewhere in the country. That is what inclusive growth looks like.

Public Finances: Borrowing Costs

Joe Morris Excerpts

Thursday 9th January 2025 Commons Chamber

[Darren Jones]

The hon. Gentleman will know that this Government’s approach to stimulating growth in the economy is about stability, investment and reform—the political and economic stability the Chancellor has brought to this country; the investment from private sector partners, as well as from the state, where appropriate; and the reform of policy areas such as the planning system, or the financial services reform that the Chancellor set out in her Mansion House speech. He is also right, of course, that we need to improve our trading relationship with countries around the world, which is why the Chancellor is going to China today, and why we have begun negotiations with our friends in the European Union on how we can improve our relationship on a whole host of issues, including trade, energy, defence and security.

[Joe Morris (Hexham) (Lab)]

Does the Chief Secretary agree that the Conservatives, having added gutter politics to their fantasy economics and unfunded spending commitments, can no longer call themselves the party of decency in public life, and of sound money?

[Darren Jones]

Yes.

Financial Assistance to Ukraine Bill

Joe Morris Excerpts

Committee of the whole House
Wednesday 18th December 2024 Commons Chamber

We must show that the UN rulings and international law have teeth, and that Russia will face consequences for waging its illegal war. We cannot live in the blind hope that Russia will fulfil its legal obligations. As such, I gently say to the Minister that taking action now and using those frozen Russian assets as a form of down payment on the reparations that Russia will one day have to pay is a route that the Government should pursue at the earliest opportunity.

[Joe Morris (Hexham) (Lab)]

It is a pleasure to speak in support of this Bill, and to pay tribute to the Government for their support for Ukraine and to the consensus across the House that Ukraine must be supported against the barbaric and illegal invasion of a sovereign nation, as my hon. Friend the Member for Livingston (Gregor Poynton) said. The invasion of one European state by another in February 2022 was something I never thought I would see in my lifetime—we all thought that had been consigned to the history books, where it belongs. I am very pleased that we are backing the Ukrainian people in their struggle, and I hope that in time, the Russian people can vote in free, fair and democratic elections to choose their own path.

I also pay tribute to the community of Northumberland, who have come together to welcome families from Ukraine in Hexham, in Riding Mill, and in other towns and villages across my constituency. When I am out and about in my constituency, I am always struck by the Ukrainian flags that I see, sometimes in the most incongruous places—on country lanes, on the sides of churches and in private homes. It really gives me a renewed optimism to see those flags flying beneath the beautiful Northumbrian sky. One question that has been put to me by constituents, and on which I would like to gently probe the Minister, is the future of the Homes for Ukraine scheme. Many families who have taken in Ukrainian refugees have asked me to pursue clarity on that scheme, so I would be grateful if the Minister could give some assurance about it, or some timetable for it.

Ultimately, this short Bill is needed to promote and protect one of our sovereign democratic allies, to protect our institutions, and—as my hon. Friend the Member for Livingston said—to avoid the need for further conflict in the years to come. Putin’s war machine could quite easily continue to impinge on our lives and on people’s lives across the rest of Europe.

[Stephen Gethins]

I would endorse the comments that have been made by colleagues. I think we sometimes need a little bit of perspective. In my constituency and in Tayside and Fife—the hon. Member for Cowdenbeath and Kirkcaldy (Melanie Ward) will be well aware of this—we have defensive barriers that were built during the second world war. The barriers in Tayside and Fife were built by Polish and, as they now are, Ukrainian soldiers who were standing up to tyranny. They built those defences to defend Scotland, and to defend the rest of the United Kingdom as well. They knew that there is no point in standing up to tyranny just in one corner of Europe; we have to do it throughout Europe. Those defences stand as a testament to the time when the Poles and the Ukrainians stood by us. Now is the time for us to once again stand by them.

I echo the remarks made by the hon. Member for Livingston (Gregor Poynton) about the way that Ukrainians have come to our homes and have enriched our society and our communities. I know they are keen to go home, but we can just give them that little bit of certainty. I also pay tribute to the hon. Member for Tunbridge Wells (Mike Martin) for his work and that of others on frozen assets. That speaks to the enormous challenge that Ukraine is facing, and that the rest of us are therefore facing at exactly the same time.

I acknowledge the work of the Minister in seeking to untangle those assets. I welcome his remarks—I really do—but some of the administrative burdens are as nothing compared with the burdens that have been carried by Ukrainian troops on the frontline in Kursk, Donbas and elsewhere, and compared with the challenge we will see from conflict and a refugee crisis should that front collapse at any point. I know he gets that, and there is agreement across the Chamber on it, but I think it is worth underlining.

I also welcome the remarks made by the Conservative shadow Minister, the hon. Member for North Bedfordshire (Richard Fuller), about engaging with our European partners on this, because that is pivotal. I fully endorse his remark about where a number of these funds are being kept, and about how if one moves, we all need to move. There is unanimity in this Committee, and I have been struck by the outstanding work done by a number of colleagues, That unanimity and resolve reflect the magnitude of the challenge that each and every one of us faces if we do not stand up to tyranny and secure the future of Europe right now.