(6 days, 8 hours ago)
Commons ChamberAs it comes towards Christmas, I tend to think of the shows I like to watch, and one is “Blackadder Goes Forth”. Near the end there is a famous quote. Blackadder is finally trying to get away, but he cannot. He knows he is going to go over the top and he says, “Well, it rhymes with clucking bell”. For me, that is what many in my constituency who run businesses are now feeling about not one but two Labour Budgets.
When I think about high streets in Earl Shilton, Barwell and Hinckley, I think about our little cafés and restaurants, the shops, and the pubs. They are really feeling the pressure. The Government came in on a mandate of raising taxes—that is true—but to the tune of £7 billion or perhaps £8 billion, not £40 billion in the first Budget, and £26 billion in the second. Every Government may need to raise taxes—the Conservatives did it when we were in government—but the problem with the current Government, and the issue hitting all my businesses, is the toxic concoction of everything changing at once. There is constriction around the whole idea of growth. We see that at micro level on the high streets of Hinckley and Burbage, and at macro level as a country, with ever tightening red tape and tax, all under the auspices that we are supposed to be growing as a country. We have seen inflation and unemployment go up, and growth stagnate. That is the reality that the country is facing, and so are my high streets.
Alison Hume
Under 14 years of the Conservatives, productivity and growth stagnated—the worst in the G7. Would the hon. Gentleman like to enlighten Members as to whether he thinks that helped or hindered businesses and their employees?