Taxes

Tom Hayes Excerpts

Wednesday 12th November 2025 Commons Chamber

[Gregory Stafford]

The hon. Gentleman shakes his head—our motion probably does not fit the narrative that he is looking for.

The hon. Member for Bishop Auckland just said that neither he nor I know what is in the Budget. While that is technically correct, the Government have been flying many kites about what will be in this Budget, pretty much since the summer—more kites than Mary Poppins—and I think that gives us some indication of what will be in the Budget. As has been said, that has caused great uncertainty and worry. Businesses are either deciding not to invest because they are so worried about what will happen, or delaying investment decisions because of the Budget.

[Tom Hayes (Bournemouth East) (Lab)]

I would like to quote the chief executive of the CBI, who says:

“Scrapping the Climate Change Act would be a backwards step in achieving our shared objectives of reaching economic growth, boosting energy security, protecting our environment and making life healthier for future generations.”

The chief executive of Energy UK says:

“Treating the Climate Change Act as a political football is a surefire way to scare off investors.”

Does the hon. Gentleman support his party leader’s objective of scrapping the Climate Change Act 2008, given that these two respected authorities say that doing so would damage investment in our economy?

[Gregory Stafford]

I do not think I have mentioned the Climate Change Act, but I am grateful to the hon. Gentleman for raising it. I think what my constituents want—[Interruption.] I am trying to answer the hon. Gentleman’s point, and he is barracking me before I have even had a chance to answer. My constituents tell me that they want green policies and sensible moves to reduce carbon and pollution, but they do not want them to hobble our economy and hit them in their pockets at a very difficult time when they are being taxed to death by the Government. The owners of Rutland London in my constituency spoke to me about the Government’s much-vaunted policy paper “Backing your business: our plan for small and medium-sized businesses”, which came out recently. They said that the plan “while promised to cut red tape, lacks delivery details, relies on third-party co-operation, and depends on enforcement rather than details, plans or even an outline, none of which have been set out to us.” Once again, we have another supposedly amazing thing that this Government have done, but businesses do not want it.

During the general election, Labour told the public that it would not raise taxes—it said that 41 times. Then, as we have heard, the Government raised taxes to raise £40 billion. At that point we could have had a sensible discussion about how we were going to reduce the size of the state, reduce inefficiencies and increase productivity, but we had none of those discussions. Essentially, we had a tiny change to welfare, which this Government, because of their Back Benchers, could not get through.

While I disagree with the Labour Back Benchers on that, I am asking them now to find the backbone that made them stand up to their Front Bench last time and to do so again. If the Chancellor comes to this House and raises taxes on working people, I ask them to find that backbone and vote against the tax rise. Their constituents will thank them, and the country will thank them.

In the minute or two I have left, I want to focus on local leadership. I think it is incumbent on us as local leaders to meet and listen to constituents and businesses. That is why I am running a business roundtable next week, and I am very grateful that the shadow Business Secretary, the hon. Member for Arundel and South Downs (Andrew Griffith), is coming to speak at it. I recommend speaking to businesses not just because we are local leaders, but because Members on the Labour Benches would learn something. They would learn that their constituents are not in favour of this.

The hon. Member for Bishop Auckland made some reference to our constituencies not being the same, but I can tell him that in my constituency, as I am sure is the case in his, there are business owners suffering, families struggling, farmers worried about what they will do with their taxes and small businesses that will be broken up because of this Government’s tax. There are also thousands upon thousands of people who have either lost their job or will not get into employment because of what this Government have done.

It is time for this Government to act—stop tinkering, stop the gimmicks, and stop punishing hard-working families and small businesses. This country deserves more than promises. It deserves action, certainty, and a Government who are on the side of those who work, innovate and contribute every day. What we need from the Chancellor in two weeks’ time is a Budget that actually invests in growth, supports jobs, protects household incomes and cuts the red tape on businesses that I described earlier.

I urge the Minister to take this opportunity seriously and ensure that the Chancellor and the Government listen to their constituents and my constituents and produce a Budget that restores confidence, ambition and hope in this nation.