Budget Resolutions and Economic Situation

Neil Hudson Excerpts
Monday 8th March 2021

(3 years, 1 month ago)

Commons Chamber
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Neil Hudson Portrait Dr Neil Hudson (Penrith and The Border) (Con) [V]
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I very much welcome this Budget, which addresses current issues while also planning sensibly for future economic stability. The Government have put in place unprecedented support measures during a pandemic, which have provided a bridge to allow jobs and businesses to be there on the other side. I welcome that the Government are continuing the support with the extension of the furlough scheme and other support measures. I am so pleased that the Government have listened to our calls from both sides of the House for the uplift in universal credit to be extended, which will benefit around 635,000 households in the north-west of England alone. I hope it will be kept under review in case a further extension is required.

I am grateful to Treasury colleagues for responding positively to our calls for other additional support, and the inclusion of some of the newly self-employed in the self-employment income support scheme is very welcome indeed. However, I reiterate my calls for that to be expanded further to provide support for those who, sadly, are still missing out, including directors of companies and freelancers.

The tourism and hospitality sectors have been hit particularly hard during the crisis. Those sectors are vital in Penrith and The Border and across Cumbria, and they may be slower to recover than some other sectors. I am therefore delighted that the Chancellor has announced continued targeted support for those sectors, such as the extension of business rates relief, the extension of the VAT cut and additional recovery grants and loans being made available. The sector is there ready and waiting to welcome visitors back to beautiful Cumbria when it is safe to do so. This targeted support will make that wide welcome all the more possible.

The support for training and upskilling communities in the Budget will make a huge difference. The doubling of the financial incentive to take on new apprentices will allow more workplace training for folk of many ages. In Penrith, we have had the turmoil over the future of Newton Rigg College, and we now have a lifeline of land-based education provision through an innovative partnership between Myerscough College and Penrith’s Ullswater Community College. Investment in apprenticeships and further education training will bolster this lifeline as we work with local stakeholders to secure a future vision for a new Newton Rigg to re-emerge. I look forward to working with Government and local stakeholders in realising this vision.

Finally, I was saddened that Cumbria’s freeport application, involving Carlisle Airport, Barrow and Workington, was not chosen in the first round of freeports. I hope the Government will recognise the importance of Carlisle Lake District airport to our region’s economy and as a key part of the United Kingdom’s connectivity. I hope, therefore, that they will continue to look to support the airport with financial and policy interventions.

This is a Budget with strategic importance, both now and in the future, as we come through the pandemic. I am happy to give it my support.