Budget Resolutions

Richard Fuller Excerpts
Tuesday 2nd December 2025

(1 day, 7 hours ago)

Commons Chamber
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Richard Fuller Portrait Richard Fuller (North Bedfordshire) (Con)
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Madam Deputy Speaker, before I start my comments on the subject of this debate, let me say that I am aware, and I think a number of right hon. and hon. Members are aware, that since you presided over the opening of this debate last Wednesday, you have been subject to abuse online, with a series of presumptions on your ethnicity and your place of birth. I would like to say—I think on behalf of all of us here—that you have presided over this debate fairly, competently and in the best traditions of this House. [Hon. Members: “Hear, hear.”]

Whereas—what a colossally inept and incompetent Budget process this has been. The public believe they have been misled, seasoned journalists have been shamefaced, and the head of the OBR has resigned. This is a Budget not guided by principle or a road map for the future, but by a sleight of hand on the British people. It is a Budget that means even lower growth in real disposable incomes for households up and down the country, that increases taxes and increases borrowing rather than controlling them, and contains a total of zero measures that will have any impact on economic growth.

Yet after all the chaos, after all the briefings, and after all the kite flying, leaks and resignations, the core theme of the Budget remains what it has always been: a Budget for “Benefits Street” paid for by raising taxes on working people—a Budget delivered by a Chancellor who is out of her depth, enabled by a Prime Minister who is out of touch. Held captive by Labour Back Benchers, the Chancellor and the Prime Minister decided to put party before country, but despite all the pandering, their careers are still held captive. This Budget is the most expensive botched hostage rescue operation in British history.

This Budget process has raised important issues of accountability. Labour’s election manifesto said:

“Labour will not increase taxes on working people”.

But this Budget extends the freeze in tax thresholds for a further three years. Last year, the Chancellor said:

“we now wipe the slate clean”

and that she would not need to come back for more. But this Budget increases taxes by a further £37 billion and borrowing by a further £57 billion over the next five years. The Chancellor held an unprecedented breakfast address to the nation. But the BBC’s Chris Mason said:

“the words on the day left an impression not at one with the facts we were later to discover and which the chancellor knew at the time.”

Yesterday, the chairman of the OBR resigned. Many in the country believe the Chancellor should reflect and make the same decision.

This could have been a Budget for alarm clock Britain: for the people who work hard to create a better future for their families, their children and grandchildren—the sort of people who believe in an honest day’s pay for an honest day’s work, and who think it is unfair for the Government to increase their taxes to pay for more benefits; for the people who understand personal responsibility, especially when it comes to having children, and do not see why people on benefits should not have to make the same choices that they have to make.

Debbie Abrahams Portrait Debbie Abrahams
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When the shadow Minister talks about people in work, is he referring to the families with three or four children who, despite the fact that they are working, are living in poverty? How dare he castigate them and say those awful things, when working families are struggling because of the appalling circumstances that the previous Government left us with?

Richard Fuller Portrait Richard Fuller
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The hon. Lady needs to recognise that people are struggling because of decisions made by this Government.

The people do want better public services, but they do not understand why, after the Government handed out a 15% pay hike to train drivers, more trains are running late this year compared to last year. People are striving to make ends meet as prices rise, perhaps putting a little aside to create a better future for their children, and they say that this Budget will make their lives worse, not better. The verdict is in: by more than two to one, the public think that this Budget is unfair, and only 2% think it will make them better off. They are right.

This Budget attacks the strivers in our society—the engines of our economic growth. It confirms the devastating attack on family farms when we need greater food security, increases taxes on dividends when we need to encourage risk taking, discourages saving for retirement, and widens the division between pension protections for public sector and private sector employees. It deals a blow to start-up businesses that want to share their success with their employees, and raises taxes on working people, breaking the Labour party’s own manifesto promise.

This Budget makes it clear that the Labour Government do not believe in personal responsibility, do not understand the spirit of enterprise, will punish aspiration and are too weak to make the hard choices that our economy so desperately needs if it is to get back on the right track.

Jessica Toale Portrait Jessica Toale
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I am sure that the Chancellor appreciates the hon. Gentleman’s input into the Budget, given that the public roundly rejected your approach to our economy just a year and a half ago.

--- Later in debate ---
Jessica Toale Portrait Jessica Toale
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Will the hon. Gentleman reflect on the OBR saying that a decade of austerity and the impact of Brexit have had a much more pernicious effect on productivity than we believed before?

Richard Fuller Portrait Richard Fuller
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Perhaps the hon. Lady would like to reflect on the fact that, when she stands in the next election, real household incomes will have gone up by just a quarter of the rate they went up by under 10 years of Conservative government.

If we are to fund the defence of our nation against greater threats, enable young people to have the same security in their retirement as pensioners have today, and maintain public services, we have to create wealth. This Government offer no hope of wealth creation, but the Conservative party does. A society that encourages people to succeed and take the risks that underpin success; a society that expands individual freedom and the scope for personal responsibility; a society that is prepared to make sacrifices to make the lives of our children and grandchildren a little better—we will build that wealth-creating society by bringing down energy costs, cutting spending, cutting taxes, backing business and getting Britain working again.