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Budget Resolutions

31 October 2024

Lead MP

Jeremy Hunt

Debate Type

General Debate

Tags

EconomyTaxation
Other Contributors: 47

At a Glance

Jeremy Hunt raised concerns about budget resolutions in the House of Commons. Other MPs contributed to the debate.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Lead Contributor

Opened the debate
Yesterday’s Budget was the biggest tax-raising Budget in British history, increasing taxes to German levels for the first time. The Office for Budget Responsibility warned that these £40 billion tax rises would lead to lower pay, higher prices, and more expensive mortgages. The Chancellor broke pre-election promises not to increase taxes further. Small businesses and working people were betrayed by the Government's decision to raise taxes despite previous assurances. 30 times this year, the Government promised no additional tax rises but proceeded with them anyway, going against their manifesto commitments. These measures include increases in capital gains tax, energy taxes, stamp duty, and taxes on family farms, all undermining economic competitiveness since the 1970s.
Assessment & feedback
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About House of Commons Debates

House of Commons debates take place in the main chamber of the House of Commons. These debates cover a wide range of topics including government policy, legislation, and current affairs. MPs from all parties can participate, question ministers, and hold the government accountable for its decisions.