Wednesday 26th November 2025

(1 day, 7 hours ago)

Commons Chamber
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Kit Malthouse Portrait Kit Malthouse (North West Hampshire) (Con)
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Let me begin by drawing attention to my entry in the Register of Members’ Financial Interests, not because I believe there is a conflict, but because it illustrates the fact that I am one of those sadly rare individuals in the House who have spent the last 30 years owning and building a business. Hopefully, it also illustrates that I know whereof I speak.

I sincerely wish, on behalf of my employees and my constituents, that I could welcome today’s Budget. Before I am a Conservative, I am a British citizen, and I want the country to win. All of us should hope that any Budget, delivered by any Chancellor of any party, will put the country on a sound footing for a prosperous future. Sadly, today’s Budget was, to me, most redolent of the omnishambles Budget of 2012. We have to admit, as a party, to mistakes that we have made in the past. That Budget attempted to be politically smart to satisfy the Government’s Back Benchers, but in the hours and days that followed, it quickly unravelled, and I must tell Labour Members that I think exactly the same will happen with this Budget, because it is full of contradictions and incoherences in seemingly small areas. Take electric vehicles. I declare an interest, as the driver of an electric vehicle. The Government are pumping money into subsidising the roll-out of charging—indeed, there are grants for take-up—but the pence per mile being charged will discriminate against particular groups who need their cars, such as the disabled and the elderly, and against those in rural constituencies, who will be seriously disincentivised. It will also have a psychologically damaging impact on people who are thinking about buying an electric vehicle.

Another of those areas is the housing market. We seem to think that an attack on landlords and the higher end of the market will not have an impact on the rest of the market. I am afraid that Labour Members will hear their constituents squealing, given the inflated prices in the capital, and I think that measures on housing, too, will unravel pretty quickly.

The Chancellor said that she wants to encourage co-operatives and employee ownership, yet she has dealt a hammer blow to employee ownership by reducing by 50% the tax incentives for owners to transfer businesses to their employees, so we will see less of it.

Much was made of the apprenticeship changes and the roll-out of nurseries. That is great, but hidden in the Blue Book is a £7.5 billion hit to students and an overall reduction in per pupil funding in education. All of these things will be revealed in the days to come.

Lincoln Jopp Portrait Lincoln Jopp (Spelthorne) (Con)
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I completely agree with my right hon. Friend about the inherent contradictions. Would it be fair to characterise this Budget as the left hand not knowing what the further left hand is doing?

Kit Malthouse Portrait Kit Malthouse
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That is a very good way of putting it. The other way of putting it is to say that there is a huge attempt to gaslight the country and, I am afraid, Labour Members about what is actually being proposed.

Let me give another example. We are told that the Government are trying to encourage business investment, yet the Blue Book contains a £1.5 billion reduction in incentives for business investment. The contradictions are clear, and I urge Members to read the Blue Book, because the Chancellor is relying on us not reading the leaked book. Sometimes it is quite impenetrable, and sometimes it is quite difficult to understand, but there are some key things that I want to point people to, if I may.

First, I ask Members to turn to paragraph 1.3 of the executive summary, which tells us that, contrary to what the Chancellor said, debt will rise over the next few years. Debt moves from being

“95 per cent of GDP this year and ends the decade at 96 per cent of GDP, which is 2 percentage points higher than projected in March”.

That was the first thing she said that was incorrect.

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Chris Evans Portrait Chris Evans (Caerphilly) (Lab/Co-op)
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The two groups in society most affected by poverty are the young and the old. I think that that speaks to Labour party values. Harold Wilson once said that our party and our movement is

“a moral crusade or it is nothing.”

That is what separates us from the Opposition parties. The simple fact is that I do not buy the Liberal Democrats’ reinvention as the cuddly leaders of social mobility, especially when their leader sat in the coalition Government that oversaw austerity. Equally, I do not believe that the Tories yet understand what they did to the economy, and in particular to the people they plunged into poverty. That is the real legacy of the Tory Government.

I think the important thing is that we are supporting young people. It is amazing today that we are allowed to say that 450,000 children will be lifted out of poverty. That is an achievement in itself, but we are also with them on their journey. We are ensuring a youth placement for the long-term unemployed aged between 18 and 21, and ensuring that small businesses can give them apprenticeships. Those are important achievements. Furthermore, it is amazing that we have been able to raise the state pension limit for so many pensioners, who for so long froze under the Tory Government and had to make a choice between heating and eating. We are not talking about these things in the abstract; they are actually happening in constituencies such as mine.

However, I think this is our proudest achievement, and the one thing the Chancellor should be remembered for. Last September, I chaired a meeting in Caerphilly of all the pensioners affected by the British Coal staff superannuation scheme, and I wrote to the Chancellor to ask for the £2.3 billion in its investment fund to be transferred to them immediately. I am proud to be standing here today while a Labour Government are bringing about that legacy—for these people worked underground and kept the country moving; they knew intolerable suffering from the industrial diseases they had after they finished work. These are the people who made Britain great, and we should honour them.

We have heard all sorts of blame today for the problems we have, but it comes down to one thing: for 40 years, we have been in the grip of a failed economic theory, and we see it still today. We hear all the time that we can cut taxes and keep public services at the same level or improve them, and that there are no consequences of that, but there is only one outcome: more borrowing. That went on under previous Governments over and over again, but eventually we have to pay the piper. [Interruption.] I hear Opposition Members chuntering from a sedentary position, so I give way.

Lincoln Jopp Portrait Lincoln Jopp
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I am grateful to the hon. Member for giving way. What is his message to the people who have been made unemployed since the Labour party came to power?

Chris Evans Portrait Chris Evans
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If the hon. Gentleman asks me a specific question, I will answer it. What does he mean? This is what I am talking about—this is the reason we are where we are. We are sitting on a debt mountain and we have to pay the piper. [Interruption.] He says that unemployment is rising. In what specific sector? Give me a sector. No; so we are just talking in the abstract.

Chris Evans Portrait Chris Evans
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To be honest, it is a bit rich for the Conservatives to talk about job losses. In the 1970s—[Interruption.] Let me give the hon. Gentleman a history lesson. In the 1970s, they said that unemployment would never reach 1 million. Under the Tories, in the golden years of Thatcher and Major, unemployment reached 3 million—3 million people unemployed. Let us not forget that they also moved most of those unemployed people on to incapacity benefit. If we are talking about the benefit bill, it actually rests at the door of the party opposite—that is the truth. More people claimed incapacity benefit under the Tory Government. They failed to bring about an economic plan. Those people lost their jobs because of heavy industry leaving. They did not plan for that or bring anything about; they just put people on the scrapheap. That is why we have the problems we have today.

The fact is—[Interruption.] Sorry, I did not catch what the hon. Member for Spelthorne (Lincoln Jopp) said. Does want to make an intervention? I do not mind. It is the third one I have taken.

Lincoln Jopp Portrait Lincoln Jopp
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I am grateful to the hon. Member for giving way a second time. The Chancellor said on Sky News, “It’s on me now.” I would be grateful if he could set a date for when this Government are going to take responsibility for the country. I have plenty of things I could be doing in Spelthorne, so I will go away and come back when he is prepared to be accountable and take responsibility for the state of the nation under this Government.

Chris Evans Portrait Chris Evans
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When I was elected in 2010, all I ever had whenever I spoke was people saying, “Apologise.” Why do the Tories not apologise for the mess we find ourselves in now? Let us be fair and start from there. We have had 14 months; the party opposite had 14 years.

Lincoln Jopp Portrait Lincoln Jopp
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You’re in charge.

Chris Evans Portrait Chris Evans
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Yes, we are in charge and we are taking the action we need to take. I do not understand what the hon. Gentleman wants us to do. Does he expect us to stand there and do nothing, or to walk away? Is that what he wants? At the end of the day, this is going nowhere. What we need to talk about are the fundamental problems.

We have heard a lot of analysis from the Opposition Benches about what is wrong, but what are we to do? We have to grasp the nettle. The fact is that net zero is here. We hear a lot of Members on the Opposition Benches saying, “Net zero is causing us problems.” The simple fact is that it is here and there are countries that are way ahead of us. We have an opportunity to be a green superpower. We can invest in nuclear energy. We can invest in tidal power. We can invest in renewables and carbon capture technology. These are the waves of the future, along with AI. This is where the jobs will come from. This is where the growth will come from. We have to pick winners, but we have to have the political will as well.

I have visited a number of companies in my constituency and the issue they have is energy bills. Captiva is a very successful spa and Team Rees Gym is also very successful. Both have talked to me about energy bills. I welcome the reduction in energy bills of £150 on average and £300 for the most impoverished, but I would like to see some sort of deal on energy for businesses to ensure that their costs come down and they can carry on competing. I welcome the increase in the minimum wage, but I also ask the Chancellor for some help for small and medium-sized businesses, so that they can carry on employing people and producing apprenticeships.

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Janet Daby Portrait Janet Daby
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I thank my hon. Friend for his comments. I will indeed come to breakfast clubs—how could I miss them out?

The Resolution Foundation has estimated that scrapping the two-child limit would bring 330,000 children out of poverty and prevent a further 150,000 children from falling into poverty over the course of this Parliament. Children in my constituency will therefore have an improved standard of living, which is exactly what I want for them, just as Labour Members—and others, I am sure—want for their children. In fact, it is estimated that in Lewisham East, 3,530 children’s experience of relative child poverty will be reduced.

That builds on the vital work already begun by this Government, including on expanding access to free school meals, opening free breakfast clubs in every primary school and investing in historic amounts of affordable and social housing. Alongside that, we have the recently announced freeze of rail fares and prescription prices.

Every child deserves to be free from poverty and the effects of poverty. For far too long, successive Conservative Governments allowed child poverty to skyrocket; this Government will not. As a result of that failure, almost a fifth of children in my constituency grow up in poverty, but with the policies announced today, it is evident that the Labour Government are tackling child poverty as the moral imperative that it is.

Lincoln Jopp Portrait Lincoln Jopp
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Does the hon. Member acknowledge that whether parents get their money from income or from benefits, the Government, having inherited 2% inflation, have taken it up to 3.6%, which reduces the value of that pound in parents’ pockets?

Janet Daby Portrait Janet Daby
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Parents want to provide for their children. Parents make choices, and the Government are making choices to support parents. We are doing that by lifting the two-child limit; Opposition Members should support that. We must not forget that these announcements have been made possible by making tough choices. Following the previous Government’s mismanagement, the nation was faced with an appalling fiscal situation.

I turn to defence. The Government are investing in capital investment over the course of the Parliament to kick-start the rebuilding of our armed forces, which is absolutely necessary when we consider how unrest in Europe is coming closer to our shores every day.

Since 2010, economic growth in my constituency of Lewisham East has lagged 30% behind the national average—that trend has been repeated in many other regions. The investment that will support councils and communities across the UK is therefore desperately needed.

Finally, as a member of the International Development Committee, I turn to international development. The UK has been at the forefront of global efforts in particular to prevent violence against women and girls, to promote peace and co-operation between different ethnic and religious groups, and to support the economic development of communities across the world. I am therefore pleased to see that paragraph 4.61 of the Red Book says:

“The government remains committed to restoring ODA spending to 0.7% of Gross National Income”

as their fiscal forecasts continue to improve. I am pleased that we are still focused on that, so that we can promote overseas the values and rights that we enjoy here in the UK.

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Ben Spencer Portrait Dr Spencer
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I am so pleased that the hon. Member raised the point about people who are in work but still poor. I will come on to that in relation to tackling child poverty, so if she waits a second, I will respond to her questions in full.

For the moment, I want to concentrate on the more macro costs point. Food inflation has gone up to 4.9%. Food costs are a big chunk of daily spending, especially for people who are poorer. That is a direct result of decisions to raise employer national insurance contributions. It turns out that taxes on businesses get passed on to working people.

Lincoln Jopp Portrait Lincoln Jopp
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Who knew?

Ben Spencer Portrait Dr Spencer
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Who knew, indeed.

Energy costs are a big chunk of everybody’s outgoings, and we are still waiting for them to come down. Property costs also are a big chunk of people’s outgoings, and this is reducing and putting more pressure on the private rented sector, particularly landlords. The measures in the Budget today around the increased taxation on property revenue will be passed on to the consumer—that is, people who are renting—adding yet another cost pressure. I wish Labour Members would think through what happens not just in step one of a Budget intervention but in steps two, three and four in relation to the impact on their constituents.

One way to deal with child poverty is to look at the cliff edges of the taxation system, including the wrapping down of universal credit when someone works for 28 hours. When the Work and Pensions Committee looked at in-work poverty costs—the right hon. Member for East Ham (Sir Stephen Timms), who is in his place, was the Chair at the time—one of the things that really came out, through and through, was that lots of the families in difficulty were single-parent families and they struggled with the 28 hours’ provision because of childcare costs and the marginal benefit. We also need to look at cliff edges in relation to housing allowance and council tax. We need to get rid of the cliff edges to ensure that work always truly pays.

Also really important in helping child poverty is making sure that the child maintenance system works. There are plenty of families with a parent who should be supporting their child but is not doing so. That is absolutely scandalous and it needs to be fixed.

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Jim McMahon Portrait Jim McMahon (Oldham West, Chadderton and Royton) (Lab/Co-op)
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Today we have heard from across the House where the divide in this debate really is. There is a train of thought on the Conservative Benches that if we continue to do what the Conservatives have done over the last 14 years, things will surely get better. Well, given the experience of the 14 years of the previous Government, that is madness. Things did not get better, and for working people in this country things got materially worse, so a different course is needed.

Given the range of difficult and competing interests that the Chancellor has had to face, which have been well rehearsed, I believe that this Budget provides balance and respite for working people. When taken in the round, the two-child benefit cap will help 6,000 children in my constituency. For all the talk of, “Well, if people just worked a bit harder, things would be better,” the fact is that 60% of those households have at least one person in work. These are people who are rolling up their sleeves and doing everything that has been asked of them, but they still cannot get on in life because of the wage levels in the jobs they occupy—many of which, by the way, are important and foundational for our economy.

The rail fare freeze, the bus fare cap and measures on energy bills, on prescription charges and on the minimum wage and national living wage will give people respite and ease things a bit.

What I want to talk about, though, is the thing that really made my heart sing as a co-operator in this House: the Chancellor of the Exchequer talking about co-operation and co-operative businesses at the Dispatch Box in the main Budget. Why is that important? It is important because for so long, even when the economy has grown, many working people have not been the beneficiaries of that growth. Many communities have been hollowed out and become more and more removed from the economies that they work to serve. We believe that co-operatives and mutuals provide that bridge. They are more sustainable and productive, and they treat their workers better. They have better pay differentials, and they invest in apprenticeships at a higher rate and so on. All the arguments are there, but we have been waiting for quite a long time for a Government who understand co-operatives, see the value of them and are willing to put something behind them.

The work being done to establish a co-operative development agency so that every region of the country can benefit is music to our ears. The work being done through the mutuals and co-operative business council—where those voices and interests around the country are being brought together with the support of the Department for Business and Trade and the Treasury—is essential for doubling the size of the co-operative economy in a way that can make a huge difference.

Of course, community ownership of local assets through the English Devolution and Community Empowerment Bill will end those years of communities constantly fighting to at least keep what they have, and will mean that they can begin to look to the future and what they can build together. Co-operatives and mutuals, like every other business, rely on a thriving economy and a local community that has disposable income to spend in that local economy, so the business rates relief for retail, hospitality and leisure will be a big boon to our high streets, town centres and pubs and to many other parts of the economy.

It is no surprise that today the Co-operative Group has announced £1 billion of investment in the UK because it believes in the direction of the Government and the country—more importantly, it believes in the people of this country and wants to get behind them. I pay tribute to Shirine Khoury-Haq, the CEO of the Co-operative Group, for the work she does in driving that agenda. If anyone wanted to meet a business leader in this country who runs a tight ship financially from a business point of view, but also leads with her heart when it comes to social investment, they could do worse than looking at Shirine and her team at the headquarters in Manchester.

But we do need to go further. Our building society network and our credit unions have so much potential, but we can do much more with them. I say to every Member of this House that there are more members of building societies and credit unions than people who voted in the last general election, so they are quite an important constituency to look after and support. I know that the Minister is working hard on this issue. One very small change he could make would be to review the common bond, so that credit unions can grow, expand and offer a wider range of financial services to local communities.

There is a lot in the Budget on councils and support for them. I perceive this Budget almost as one that gives communities the right to survive, to get through what has been a difficult period and to have respite. The next challenge will be: how do these communities begin to thrive? How do working families stop worrying about every single paycheque because they are just about making ends meet and begin to think about a better future where they can thrive, really enjoy life and get the most from it? For many people, local neighbourhood services are the foundation of public services in their local area but, let’s be honest, for most parts of England, they have been eroded by pressures in adult social care, children’s services and temporary accommodation.

Whatever we think about our missions and ambitions as a Government—they are all important, of course—we also need to accept that if people open their front door and walk out on to the street and it does not feel and look better, we just will not get a hearing when we get to the ballot box the next time round. For many parts of our movement, the elections are coming pretty soon down the line, so I urge the Government to focus on that.

Let us celebrate the move to further devolution. Mayors will finally get the power to impose a visitor levy, which they have been asking for. We see even more capital investment going into our regions, further empowering mayors—that should be celebrated.

There is a lot in the Budget about investment in Britain plc, which is to be welcomed, but we need to be better at co-ordinating across Government. I have asked questions of a number of Departments, be it the Home Office about police vehicles purchased by local forces, the DWP about vehicles commissioned through the Motability scheme, or the Cabinet Office about the procurement of Government vehicles. There are no checks and balances to ensure that British vehicles are procured. Surely that is the simplest thing a Government can do—use the lever of procurement to ensure that we are supporting British jobs in our regions. On top of the good work that has been done, I urge the Chancellor to commission an urgent cross-Government review to ensure that we support British businesses across all procurement lines.

Lincoln Jopp Portrait Lincoln Jopp
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No one can doubt the hon. Member’s commitment to the people of Oldham. He is being very loyal to the Chancellor and her Budget. I have a simple question: if unemployment goes up in his constituency from today, before the local elections next year, will he resign?

Jim McMahon Portrait Jim McMahon
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Well, I think that would just make the unemployment situation worse, wouldn’t it? I am looking at the practical measures taken in the Budget. I am here to be helpful to the Government, not make matters worse.

I became an apprentice when I left school. I did not go to university; I went straight to work and earned a technical qualification. My two sons have followed the same route. That is a route for many working-class kids in the country. However, only 16% of apprenticeships are advertised in July and August, when kids are leaving school and looking for opportunities. The system is not geared towards helping young people to succeed. When we have a review of those not in employment, education or training and ask why so many people are out of work and not contributing to society, we will find that it is because the whole system is not geared towards supporting them in that endeavour. Today’s announcement of free apprenticeships up to the age of 25 could, if it includes a review of apprenticeships, be absolutely life-changing for tens of thousands of young people.

My final plea, in the seconds I have left, relates to HMRC mileage rates, which have not been reviewed for working people for 15 years. A social care worker who does home visits is on the minimum wage, but they are, in truth, subsidising HMRC for travelling between appointments. That is not right. The Department of Health and Social Care has already considered this, but will the Treasury take it on board, too?

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John Slinger Portrait John Slinger (Rugby) (Lab)
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This Labour Budget safeguards the priorities of the British people: protecting our NHS, reducing national debt, and easing the cost of living. There is no better lens through which to view them than the eyes of the younger generations, who will feel the greatest impact of the decisions that we make today. Of course people are concerned about their material lives, but they are also emotionally and philosophically worried about the long-term future of the country. In particular, there was the feeling, after 14 years of the Conservatives, that things were not getting better, and the worry that their children would not be as well off as them, and would not have the same, let alone more, opportunities. That is a primordial fear, as any parent will know, and we all agree that we should be taking action right here, right now, to build back up, so that this becomes a land fit for future generations. The Budget does that. It rebuilds this country in many ways, but I want to focus specifically on young people. I am delighted that my right hon. Friend the Chancellor said that this Labour Government is on the side of kids and will back their potential.

Today I participated in an online assembly at Oakfield primary academy, just after the Chancellor’s speech. I am sure the children will be inspired to see this country’s first female Chancellor delivering such a brilliant Budget. As she said, she got involved in politics because the Conservatives under-invested in schools like hers, and she is, I am sure, someone with the long-term interests of young people at the forefront of her mind. It is excellent that the Chancellor is prioritising the youth guarantee, and the measures announced today are beginning to turn the tide against entrenched inter-generational unfairness.

This Government are unleashing the talent of all our young people, with £800 million over the next three years for the youth guarantee, guaranteeing every young person a place in college, an apprenticeship, or personalised job support; funding to make training for under-25 apprenticeships free for SMEs; increasing the minimum and national living wages; £5 million for libraries in secondary schools, on top of £10 million to ensure that every primary school in England has a library; and £18 million to upgrade playgrounds across the country. We are ending the two-child benefit cap, lifting 450,000 children out of poverty.

Lincoln Jopp Portrait Lincoln Jopp
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For the record, why did the hon. Member vote against lifting the two-child benefit cap when the SNP proposed it earlier?

John Slinger Portrait John Slinger
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I am a Labour MP and I vote with the Government—it is as simple as that.

Lifting 450,000 children out of poverty is the biggest reduction in child poverty over a Parliament since records began. That will positively affect 2,020 children in my constituency of Rugby. This investment is not just anti-poverty, but pro the prosperity and life chances of all our children. More broadly, the Budget has at its core investment in housing, infrastructure and skills. The Chancellor’s decisions ensure £120 billion in additional capital spending over this Parliament, with a 10-year infrastructure strategy, an NHS back on its feet after 14 years of the Conservatives in government, a benefits system that provides support for those who need it, and help into work for people who can work, as I saw on a recent visit to Rugby jobcentre. The Budget ensures a stable economy, with support for entrepreneurship, growth forecast to rise, and inflation and borrowing forecast to fall. We are transforming the business rates system to protect the high street, with permanently lower tax rates for eligible retail hospitality and leisure properties. That will affect around 1,090 properties in my constituency of Rugby alone. The Chancellor rightly asked everyone to contribute. We all share a responsibility—in this House, in boardrooms, in businesses of all sizes and in organisations —to invest in our young people, and I am glad that this Government are sending that clear message today.

Only on Monday, when one young person at Ashlawn school in my constituency asked about my views on the pension triple lock, I pointed out that while we must of course help pensioners—and we are doing so—when thinking about how to allocate resources most fairly, our young people have a very good claim for more support. So, if you will indulge me, Madam Deputy Speaker, I am calling for a youth triple lock: three measures beyond the youth guarantee that will focus attention on the needs and voices of young people. My suggestions would be free bus travel, inflation-beating maintenance loans for students and additional help for young people with housing, but that is for another day. We are going in the right direction, as this excellent Budget shows.

I am also pleased that the Budget stays true to what Government Members hold dear: our Labour values—values that put the priorities of the British people first.

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Lincoln Jopp Portrait Lincoln Jopp
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The hon. Gentleman is being very generous with his time. I am a bit confused by his answer to my last intervention. Why was it a bad idea to lift the two-child benefit cap when the SNP suggested it, but a good idea now that his Chancellor suggests it?

John Slinger Portrait John Slinger
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The hon. Gentleman is a decent man and I like him a lot, but he seems a little fixated on this point. My right hon. Friend the Chancellor has taken difficult economic and fiscal decisions so that she can lift the two-child cap, as well as doing many other things. We are getting child poverty down—I am proud of that and I will always support it.

We are protecting our NHS, reducing the national debt and borrowing, and improving the cost of living. To unleash the potential of our country, we must place the needs of young people ever higher up the political agenda, which I intend to do in this place. While some talk this great nation down, we get on with the job of building it back up and laying the foundations on which to grow in the long term, and, most importantly, enabling our citizens, especially our young people and future generations, to thrive and play their part in building a fairer and far more prosperous country for all.

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Mike Wood Portrait Mike Wood
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I will make a little progress; I can see the time.

The difference between 3% per year and 0.25% per year in growth in disposable income adds up to £2,700 less per family in disposable income because of the Chancellor’s choices.

We needed a Budget for jobs, but instead this was a Budget about saving the Prime Minister’s job by giving his mutinous Back Benchers the welfare rises that he forced them to vote against just last year. If the Government really wanted to support jobs, they would have undone some of the damage that the Chancellor did last year, particularly on hospitality.

A number of Members have raised the issue of hospitality and business rate reform. Before the election, the Chancellor was clear that business rates would be reformed, which meant that pubs, restaurants and cafés would have lower bills. Instead, the owners of cafés, pub landlords and restaurant owners saw their business rate bills more than double in April. We have heard today from the Chancellor that—because of the effects of revaluation and the fact that she has decided to go with a reduction of only 10p on the multiplier, instead of the 20p signalled when the Government introduced the legislation last year—when the new regime comes in, we will again see the bills for those pubs and cafés increasing, even though business rate bills have only just doubled.

This is a bad deal for hospitality. It will have a devastating impact on our high streets, and it is made only worse by the decision of the Chancellor to increase alcohol duties. That will hit pubs again, and make it more difficult for our pubs, our bars and our responsibly licensed venues to compete with supermarkets piling them high and selling them cheap.

Lincoln Jopp Portrait Lincoln Jopp
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Does my hon. Friend share my concern that we have lost, I believe, 90,000 jobs from the hospitality industry just since the last Budget? While I do my bit to try to save the British pub industry on my own, does he worry, as I do, that today’s Budget will just make it harder and harder for hospitality?

Mike Wood Portrait Mike Wood
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I do not think such declarations are in my current entry in the Register of Members’ Financial Interests, but Members may wish to look at my historical declarations. I disclose that I have received some hospitality below the threshold from UKHospitality, the British Beer and Pub Association, the Campaign for Real Ale and the British Institute of Innkeeping. My hon. Friend is clearly right, although I think his figures are slightly out of date, because it is not 90,000 jobs that have been lost in hospitality; the latest figures from UKHospitality suggest that 111,000 jobs in hospitality have been lost since the Budget.

As the Safeguarding Minister, the hon. Member for Birmingham Yardley (Jess Phillips), indicated earlier, these jobs ought to be an opportunity for social mobility. Instead, the Chancellor’s choices have been destroying those opportunities. The Budget, the measures that have been announced today and the taxes she has been piling on businesses and working people across the country will continue to destroy other opportunities, making our communities weaker, our economy poorer, and our families less well off.