Budget Resolutions and Economic Situation

Siobhan Baillie Excerpts

Tuesday 9th March 2021 Commons Chamber

[Siobhan Baillie (Stroud) (Con)]

Balancing people’s health, saving lives and supporting the economy is an unenviable and complex task. While there are certainly a few areas that still need attention, I believe the Chancellor produced a Budget that supports people, begins to fix the public finances and looks to the future.

I am regularly told in Stroud that furlough has saved businesses. In the first lockdown, Stroud District Council gave out £26 million of Government money in grants. There are more than 4,000 businesses in Stroud. Additional funds have been paid out since.

Skills, reskilling, further education and colleges are going to be integral to the future of our country—I am pleased to see the Chief Secretary to the Treasury in the Chamber today. I would like to see green apprenticeships and green-collared work and all of that worked through. We have a White Paper and I am so pleased that the Budget recognised the importance of this area.

I have already been speaking to community groups about the £150 million community ownership fund. I hope we can use funds such as that to support Rush skate park and other sports clubs, and really think about how to use those Government funds and the Government desire for communities to thrive. I know that Stroud communities will be there with their hands up.

The investment in our future through the environment cannot be understated. Stroud will be putting a bid into the fusion STEP programme—the Spherical Tokamak for Energy Production programme. There is a chance to be the world’s first fusion power plant; Berkeley and Oldbury and the south-west want to be first in line.

We also need to look to the wetlands—Slimbridge wetlands. We have put together a blue recovery plan for carbon storage and for wellbeing and for everything that we already have on our shores. I say again: please, green investment and private investment for the green stimulus.

It is important to learn from the devastating impact of covid. Businesses have come to me and said that they did not feel heard and understood. They feel that they were shouting into the vacuum. We have to learn from that. I will give a few headlines. The leisure, gyms and heath sector has skilled experts who are going to look after our health, mental health and wellbeing, yet there was no VAT reduction for them and grants were refused. Classes were banned. Some of the road map does not allow them to thrive. These people can help our minds and our health.

I have met many businesses in the wedding sector that have struggled. They are predominantly female-led. Again, the road map does not allow them to step up and work, and there are arbitrary figures for guests—five, six, 15 and 30 people. They can actually go back to work. Let them work. Let them pay back into the economy.