Budget Resolutions

Olly Glover Excerpts

Tuesday 2nd December 2025 Commons Chamber

[Olly Glover (Didcot and Wantage) (LD)]

I think everybody in this Chamber and in this House can agree that we need economic growth, but many question whether the Budget will really help with that. It prolongs Conservative underhand tactics, such as tax threshold freezes, which will have a comparable impact to more honest and up-front tax rises.

Small businesses in my constituency, including Love Beer Brewery in Milton, Ridgeway Cycles and the Vaults in Wantage, the Crown in Chilton and the George at Upton, are extremely worried, in some cases existentially so, about the impact of poorly thought-through business rate changes, which come on top of growing energy costs. As a result, the Liberal Democrats’ proposed 5% VAT cut for pubs and restaurants is badly needed.

The Budget is largely silent on some of the big picture strategic themes we need. A key one is change to the planning system. I know the Government agree, but we need far more real and meaningful changes that go beyond scapegoating newts and bats. Instead, we need a planning system that delivers social and genuinely affordable housing—not just blunt housing targets irrespective of how affordable those houses will be—primary healthcare that people can actually access and which will help more people to get jobs, and investment in transport to boost mobility and reduce congestion. It is not just me who says that about the need for genuinely affordable housing. Didcot B power station in my constituency cites the cost of housing as the biggest barrier it faces in retaining staff.

In my constituency, we have the tedious, multi-decade saga—it will not be a Netflix hit any time soon—of trying to get a GP surgery built in the new housing estate of Didcot Great Western Park. There is a comparable risk of a similar saga affecting a Wallingford GP surgery’s plans to expand. Didcot and Wallingford have both seen significant housing and population growth. Despite similar population growth in Wantage and Grove, there is as yet no clear Government support for a new railway station serving it on the nearby Great Western main line, and Cholsey station continues to lack accessibility improvements.

Constituents understandably clamour for more large-scale leisure facilities, such as swimming pools and leisure centres, which are very difficult to fund using section 106 contributions alone. The Government’s getting moving on social care reform, rather than yet another review, which will last the entire Parliament, would help with productivity.

My Oxfordshire constituency has a lot of potential to build on its strengths, particularly with so much exciting space, fusion, biotech, and many other science and technology contributions to the local and national economy, such as at Harwell campus, Milton Park and Culham. Many of those have already been slowed down by the consequences of Brexit, and businesses are concerned about some of the Government’s rhetoric on migration, which they feel could affect their ability to attract the vital international talent they need to succeed.

Overall, this Budget has injected despair rather than optimism. My constituents and their businesses need the Government to do better.