The Chancellor’s Budget prioritises long-term public investment vital for economic recovery. It includes over £100 billion of investment in infrastructure, healthcare, housing, education, and key transport routes. The OBR analysis shows a 1.4% increase in GDP growth. Investment is crucial for businesses to thrive, especially as the last government’s scattergun approach led to anaemic growth. A new industrial strategy will allow companies to plan for long-term investment and support high-productivity sectors.

Questions the effectiveness of the Chancellor's Budget, pointing out that OBR forecasts predict a decline in GDP growth over the next three years, indicating a smaller private sector. Challenges the notion that public investment alone can drive economic growth without support for the private sector.

Emphasises the role of a healthy private sector in long-term economic growth, arguing that a thriving private sector is crucial for funding public infrastructure. Criticises the Budget for failing to support wealth creators.

Highlights concerns about farmers being disproportionately affected by inheritance tax changes proposed in the budget. Urges the Government to raise the threshold to £4 million or £5 million to protect family farms, which are vital for food production.

Questions the feasibility of the proposed economic strategy given OBR forecasts predicting a decline in business investment. Challenges the Government's assertion that its policies will drive growth, citing specific figures from the OBR.

Expresses concern about proposed inheritance tax changes discouraging long-term investment in small businesses. Argues that the current proposal could harm business growth by making it less attractive to pass on companies to future generations.

Highlights potential benefits for the hospitality sector from minimum wage increases, but questions the Government's transparency regarding the impact on private businesses. Points out that many minimum wage earners will become taxpayers overnight, benefiting the Treasury.

Questions whether public sector organisations receiving additional support for increased employer national insurance contributions will be fully compensated. Emphasises the importance of well-funded public services in supporting economic growth.

Griffith argues that the Budget is a step back from progress and is prejudiced rather than progressive. It will be paid for by higher effective taxes on working people, with no evidence of growth beyond five years. The private sector experience of the Cabinet is lacking, and businesses are crucial for job creation and economic prosperity.

Eshalomi intervenes to ask Griffith if he agrees that this Labour Government will help renters by banning no-fault evictions, highlighting the positive changes the Government aims to bring for tenants.

Reynolds questions how Griffith's party plans to pay for projects promised but never delivered under previous leadership. He calls it the first day of constructive opposition, challenging the new Conservative leader's simultaneous call for tax cuts and increased public spending on defence.

Carden inquires about the position on industrial strategy under the new leadership, noting that there was no industrial strategy for many years during the Conservatives' rule. He seeks clarity on their stance post-Brexit.

Stuart points out that according to the OBR, £26 billion of jobs tax actually nets only £16 billion due to reduced investment and other factors. He highlights the incompetence in reducing wages more than the taxes they introduced.

Morton briefly comments on charities, suggesting an additional area of concern or impact from the Budget measures.

Johnson questions Labour's knowledge of balancing books, pointing out that a written parliamentary question about costs incurred by increased employer national insurance contributions did not receive an answer from the Government.

Atkinson challenges Griffith on his stance regarding the 2022 spring Budget's increase in National Insurance and its support then but opposition now, while noting introduced employment allowances that counteract the change.

Rushworth asks Griffith whether he opposes NHS investment, special educational needs funding, or increases in schools budgets as part of the Budget's revenue-raising measures.

Ward points out the irony in Griffith’s party lecturing about stability when their former leader, Liz Truss, was associated with instability following a previous Budget.

I am delighted to speak about the first Labour Budget in 14 years. For my constituents, the last fourteen years have been difficult. Too often, they felt that the then Government were not on their side. That Government did not hear that austerity left us not only with deteriorating public services but more fragile communities. They did not reform the planning system, which would have alleviated the housing crisis and stopped the 20% to 30% rent increases that left many of my constituents facing eviction during a cost of living crisis. They did not take the difficult decisions to protect the economy, and left our new Government with a black hole to fill. We heard loud and clear in July that government must be different. This Budget offers that. We have a rise to the national living wage and to the rate for under-21s, which will make work pay whatever someone’s age. Funding of over £25 billion for the NHS over the next two years will deliver more doctors and tens of thousands of extra appointments, helping hospitals such as St Thomas’, just over the river in my constituency. As the Chair of the Housing, Communities and Local Government Committee, I have heard a lot from our local authorities, which have borne the brunt of the failure to tackle the housing crisis. Councils have been forgotten, with devastating consequences for communities. Yesterday, at our first public Committee meeting, we heard from homelessness organisations and local authority representatives on the state of temporary accommodation. Councils are having to spend unsustainable amounts to fill gaps in that area, which is driving them to near bankruptcy. In London alone, 70% of local authority housing budgets are being absorbed by temporary accommodation. That means less money for repairs and maintenance of housing stock, which leaves tenants feeling the increase in the crisis. The human impact is even more shocking. As I speak, over 150,000 children are in temporary accommodation across England. In the last five years, 55 children have died in circumstances linked to temporary accommodation; 42 of them were under the age of one. That should shock and shame us. Those deaths are not coincidental. Yesterday, the Committee heard about families living in one room. That can stunt a child’s growth because they are not able to do the things they should, such as crawling. We heard about how a child’s ability to form social attachments with peers can be affected by the lack of consistency caused by constant moving. We heard about how parents are often plunged into mental health crises because of the stress of raising a family in those conditions, which further isolates the child. The Government can and must do better. I welcome the steps in this Budget to supplement the affordable housing programme, increase homelessness spending and scale back right to buy to boost our social housing stock, but they must be first steps. We need further significant change in the upcoming funding settlement, and the next Budget must truly start to address that crisis. I am particularly worried about the freeze to local housing allowance rate, because it is a lifeline for people who are struggling. That is covered by the Department for Work and Pensions, but the measure could have a significant impact on attempts to tackle the homelessness crisis, so it must be addressed in upcoming statements. The deep harm caused by the last 14 years cannot and will not be fixed overnight. The Budget is the first in my five years in this House that gives us a glimmer of hope and a road map for fixing our broken public services. I congratulate the Chancellor and her team on getting on with the job so quickly, but I will be a voice for the thousands of families who continue to fall through the cracks with no safety net beneath them. They cannot afford to wait any longer for help—they need it now. I urge the Government to give attention to people in crisis, such as those in temporary accommodation. We cannot, as a Labour Government, risk failing a generation of young people.

We live in an uncertain world with the recent US election results, which brings apprehension about the future of the UK and its economy. Rebuilding Britain starts with rebuilding our NHS and social care system, where the Government's investment is welcome but insufficient without addressing social care reform. The rise in national insurance contributions will severely impact small businesses and high streets, hindering economic growth and confidence. Businesses on Daisy Cooper’s high street have expressed concern over redundancy and financial strain due to increased business rates and other costs. She calls for a high streets strategy from the Government and advocates that taxes should fall on big banks, gambling companies, and tech giants instead of small businesses.

The MP expresses her gratitude for the opportunity to give her maiden speech in a debate about the Budget settlement for Scotland, which she sees as significant due to it being delivered by a female Chancellor and offering the largest funding settlement for Scotland since devolution. She pays tribute to her predecessor and staff who have been instrumental in serving her community. Campbell highlights her background and early interest in politics sparked by local politicians in her youth. Her constituency, North Ayrshire and Arran, is described as diverse with towns, villages, rural areas, and islands. The area has a rich industrial history linked to Nobel's explosives factory and Glengarnock steelworks. She mentions the importance of tourism due to historical sites and famous residents like Steve Clarke and Colin Hay. Campbell emphasises community projects such as North Ayrshire Women’s Aid and Men’s Sheds promoting mental health, highlighting efforts to revive an outdoor swimming pool in Saltcoats for public health benefits.

I congratulate Andrew Griffith on his role as shadow Secretary of State and critique the current Labour government for breaking promises made during the election campaign regarding taxes, borrowing rules, and inheritance tax. I highlight that the Labour party won public support by stressing integrity and trust but have now broken these promises with their Budget decisions. Critiquing the economy inherited from Conservatives, I argue the need to fix structural issues like high-tax, high-borrowing, low productivity, etc., while acknowledging past Conservative failures due to inherited economic conditions. Emphasising fixing foundations of prosperity (land, labour, and capital), I advocate for proper land use planning, addressing the broken migration model affecting wages and welfare, encouraging private investment over public spending, and oppose the national insurance increase as a jobs tax. Express regret at transport budget cuts, including the scrapped A303 upgrade.

As a business owner pleased with more money in employees' and customers' pockets, I question whether Conservatives are good only with their own finances but fail miserably when it comes to managing the country's economy.

Mr. Williams expressed his honour in representing Stoke-on-Trent North and Kidsgrove, highlighting the national living wage increase as a positive step towards boosting household incomes. He mentioned legislative progress on blood testing after dangerous driving and efforts to combat holiday hunger. His personal background includes working at a Sure Start centre and with the YMCA, supporting youth services and affordable housing. However, he criticised 14 years of Conservative government for cuts in spending on youth services and reductions in annual household incomes relative to living costs. He pledged to work towards breaking cycles of broken promises by advocating for real investment in public services, affordable homes, and quality care for everyone. Emphasising his labour party values, he stressed the importance of equal opportunities regardless of where one is born. He also acknowledged local people, charities, businesses, and faith groups that contribute to their community, referencing historical figures such as Reginald Mitchell, Clarice Cliff, and A.R. Wood who have contributed to the success of their country.

Thanked constituents for electing her as the first MP of Ely and East Cambridgeshire, congratulated new Members on their maiden speeches, highlighted the importance of upgrading the Ely rail junction for economic growth, emphasised the diverse occupations and cutting-edge technology in her constituency, praised local businesses such as Almath Crucibles, described the natural beauty of her area including chalk grasslands and wetland peat, expressed concerns about housing affordability and energy efficiency, raised issues with access to NHS dental services, shared personal background rooted in hard work and determination, thanked family and campaign team for support.

Paid tribute to her predecessor Sir Mark Spencer, highlighted the rich history of Sherwood Forest beyond Robin Hood including coal industry and engineering achievements, emphasised her working-class background and commitment to social justice, discussed poor maternity care experiences leading to advocacy for better services, praised previous Labour Government's educational reforms and Sure Start initiative, stressed health inequalities in her constituency, acknowledged local community support groups and businesses like J. Murphy & Sons Ltd., expressed determination to bring investment into Sherwood Forest while serving its people.

Welcomes the £25 billion investment to improve NHS services, cut waiting times, and deliver extra elective appointments. Also welcomes measures for mineworkers’ pension scheme members and victims of Horizon scandal and infected blood scandal. Highlights hospitality industry support but expresses concern about long-term business uncertainty.

Concerned that the Budget will disproportionately affect older people, care homes, nurseries, hospitality venues, and creative industries. Highlights potential impacts on Hopscotch nursery, tourism, grassroots live music sector, and local businesses in Gosport.

Congratulates the Chancellor on delivering a historic budget, emphasising economic stability for business investment. Highlights the high percentage of rail commuters in his constituency and his personal experience working in private sector companies.

Critiques the budget as detrimental to the private sector, citing increased national insurance contributions and reduced payment thresholds. Expresses concern over the impact on small businesses, farming industry, and family businesses due to death tax amendments.

Welcomes the budget for lifting people out of low pay and investing in health services. Emphasises funding for NHS as a key reform measure.

Welcomes the £22 billion for the NHS but criticises employer’s NI contributions and business rates reduction. Emphasises lack of support for social care, hospitals, transport, housing, and local government. Calls for taxing banks, big oil companies, and tech firms to find money for public services.

Celebrates the Labour Budget that prioritises working people after 14 years of Conservative failure. Highlights crumbling hospitals, schools, rising crime, and crisis in SEND. Expresses pride in being part of a Government focusing on public services and inviting investment.

Critiques the Budget for affecting family farms, scrapping infrastructure projects, removing winter fuel allowance, and withdrawing funding for combined cadet forces. Argues that these actions hinder growth in rural areas.

This Budget is a welcome break from previous years of policy uncertainty and fiscal incompetence, starting to rebuild the UK's economic foundations. It includes £20 billion for R&D, addressing Exeter’s potential as an economic driver with its strong research capabilities and growing NHS investment. The speech also highlights the importance of investing in education settings like Exeter College, which seeks to grow its campus.

The Budget is scrutinised for its impact on the care sector, with concern over additional employer national insurance costs affecting Ron Taylor’s Burnbank care home. Logan questions the farming property relief provisions reversal, deeming it shameful after an explicit promise not to do so was made. He also calls for compensation for WASPI women, stating that justice is necessary without means-testing.

The Budget breaks the mould with its ambitious investment in industry and public services, prioritising growth for the economy, wages, living standards, and public services. It includes an uplift in national minimum wage and a record £22.6 billion investment in the NHS to cover 40,000 new elective appointments weekly and reduce waiting times. The Scottish Government must ensure this funding reaches frontline services, schools affected by RAAC crisis, and social affordable homes across Scotland.

I congratulate all those who made their maiden speeches today, and I congratulate President Trump on his election. While many of us in this House have legitimate concerns about what his victory presages for democracy and the rule of law, we should not undermine those values by criticising the American people for the choices that they have made. It was a consequential presidential election, and this should have been a consequential Budget, given the cost of living crisis, record NHS waiting lists, crumbling public services and decaying infrastructure. After years of broken promises by an out-of-touch Conservative Government, people are desperate for fundamental change. Sadly, the Budget failed to deliver it.

Growth for higher living standards is the defining mission of this Government, and rightly so. Labour Members know—we have seen it play out over the last 14 years—that there is a link between the health of the national economy and the health of family finances up and down the country. Why have families in this country suffered in the last 14 years? It is because productivity growth has been on the floor.

It is a pleasure to take part in the debate. We have heard fantastic maiden speeches from across the House, and I am sure that we have all enjoyed the insights from them. It is a pleasure to follow the hon. Member for Chipping Barnet. I loved the way he set out his aspiration for the kind of country of abundance that we should seek. He is entirely right, but I am just not sure that this Budget is the way to get there.

The first Labour Budget in 14 years will invest billions of pounds into UK public services, particularly the NHS. The Conservative criticism is akin to arsonists criticising fire services. This budget involves hard choices that were avoided by the Conservatives for a long time. It includes £22 billion for the NHS and raising the national minimum wage. There's also extra funding for SEND provision in Kent (£1.3 billion), improving broadband access in rural areas (£500 million) and increasing carer’s allowance.

The Budget did not address the issues faced by pensioners who lost their winter fuel payment, children living in poverty due to the two-child benefit cap, or the need for more funding for Birmingham city council. Local services are being cut and closed, leaving a minimal service offering. The safety net for vulnerable stakeholders is brittle and hollowed out.

The first Labour Budget in 14 years lays the foundation for local and national economic growth, addressing challenges faced by town centres. It includes a business rates initiative to protect small businesses and encourages entrepreneurship. The Government's long-term plan for towns aligns with Labour’s manifesto priorities, focusing on building a sustainable economy.

Welcomes the increase in NHS budget but concerns about lack of specific measures to address funding crises in dentistry, pharmacy, and optometry. There is disparity in patient-to-GP ratio which affects care access. Welcomes social care and special educational needs funding increases as well as national minimum wage raise. Criticises the burden placed on pensioners and small business owners instead of using wealth taxes on those with broad shoulders.

Welcomes the additional £47.7 billion for Scotland's Government, emphasises economic and political stability underpinning the Chancellor’s Budget, criticises SNP's approach to investment plans and collaboration with UK Government, welcomes efforts by Secretary of State for Scotland to address divisiveness, supports a long-term strategic approach to rebuild Britain.

Congratulates the 47th President of the United States, Donald Trump; criticises Budget measures impacting pensioners and WASPI women, highlights closure of cafés due to increased national insurance contributions, raises concerns over inheritance tax on family farms in Northern Ireland, urges Government to reconsider farm tax and implement supportive policies for farmers.

Acknowledges the long-awaited Budget as a Labour initiative; highlights benefits of fair repayment rate on poverty reduction, increase in national living wage for low-paid workers, pension returns to former coal workers, and increased financial settlement to Scottish Government; calls upon SNP to utilise funds effectively.

Commends those making maiden speeches; welcomes NHS spending increase but expresses concerns over potential costs for GP surgeries and care providers, family farm inheritance tax impacting rural communities, bus fare cap increases affecting rural public transport; shares personal story of a constituent facing financial strain due to the Budget.

Families in my constituency have been hit hard by rising inflation outpacing take-home pay. The Chancellor's recognition of public servants with a fair pay rise of 5.5% and the increase in the national living wage to £12.21 an hour will make a huge difference. However, Derbyshire county council has failed many children due to inadequate special educational needs and disabilities provision, which Labour aims to reform by allocating an extra £1 billion. The increased threshold for employer national insurance contributions to £10,500 is beneficial for small businesses in North East Derbyshire.

The Budget is one of broken promises and poorly thought-out measures. For instance, private schools will face VAT, which could cause financial strain on those who work there or rely on them for education. The increase in national insurance contributions affects every working person and public sector workers too. There are concerns about the indirect costs faced by NHS services, air ambulances, hospices, general practices, opticians, care homes, mental health services, and outsourced laundry, catering, and human resources due to tax rises. Additionally, there is an issue with farmers' taxes being raised despite repeated promises of support.

This Labour Budget delivers the largest settlement for the Scottish Government in devolution history. It includes £1.5 billion for this financial year and an additional £3.4 billion next year, prioritising public services and economic growth. The reserved spending from the UK Government will go directly to communities like Kilmarnock. Despite the significant investment, the SNP's mismanagement of funds is criticised, highlighting their failure to address Scotland’s needs effectively.

Welcomes some measures in the Budget like the increase in carer’s allowance and NHS funding. However, questions whether the Budget genuinely supports small businesses, as it impacts farmers, salon owners, and their ability to employ people. Emphasises that cutting hair is labour-intensive with thin margins, and businesses going insolvent does not grow the economy. Advocates for taxing big businesses rather than small ones.

This Budget is important for resetting the UK economy and addressing immediate challenges. It includes measures such as increasing carer's allowance, investing £1 billion in special educational needs and disability services, and allocating £500 million to tackle homelessness. The speech focuses on housing issues, noting a 59% increase in house prices since 2010 while earnings have only increased by 23%. Cooper supports the investment in affordable homes and long-term settlement for social rents.

The Budget's national insurance changes will negatively impact small businesses, SMEs, and healthcare providers. Constituents report struggling with rising costs and workforce planning uncertainty due to the measures. The speech highlights specific concerns in Mid Sussex including social care and GP services. Bennett calls for GPs and care providers to be exempt from national insurance rises.

The Budget supports infrastructure, industry, and opportunities in communities. It addresses transport issues on the A50/A500 corridor and invests in manufacturing areas with an industrial strategy. The speech emphasises public procurement to support British firms and jobs, focusing on local businesses in Burton and Uttoxeter.

The Budget's impact on health services is significant, particularly in remote areas like Caithness and Sutherland. National insurance contributions will affect doctors and healthcare services, potentially leading to service diminution or job losses. The speech also critiques the Scottish Government for not effectively using funds allocated by Westminster.

MOJ is one of the smaller Departments in budgetary terms but has suffered the largest cuts. The MOJ's role includes keeping us safe, providing a high-quality judicial system, and ensuring access to justice independent of means. Previous Government’s actions were regrettable and reckless. The current Budget sees an increase in spending from £11.9 billion to £13.8 billion with 5.6% real-terms increase. Some funding directed at prisons but no mention of civil/criminal legal aid or backlog resolution.

Welcomes carer’s allowance increase which will benefit 10% of Welsh population. Thanks Government for NHS and social care funding but calls for further action on social care issues in Wales. Expresses concern over agricultural property relief changes, fearing it could undermine family farms and rural economy. Urges clarification on former miners’ pension scheme.

Celebrates first Labour Budget in 14 years delivered by a woman. Acknowledges tough economic inheritance but highlights record £1.7 billion spending boost for Welsh Government, supporting public services and communities, especially through the town centre regeneration fund and coal tip safety funding.

Welcomes support to tackle homelessness but expresses disappointment over lack of emergency accommodation support. Hopes for confirmation on hospital investment in Eastbourne and pleads for review of decision to remove winter fuel allowance from pensioners. Advocates additional business support and calls for compensation for WASPI women and SEND families.

The Budget marks a seminal moment in the parliamentary calendar. Irrespective of party politics, there is a collective desire that any Budget provides the foundations for our great nation to succeed. Businesses look for stability. They want to understand the Government’s growth and economic plan for an industrial strategy. However, as one CEO described it, the Budget represents private industry versus public sector, employer against employee. One cannot have well-funded public services if there is no private industry to pay for them; one cannot have high employment rates if there are no private business to spur job creation; and one cannot have economic growth if private investment is driven out of this country.

Let me welcome the first Labour Budget in 14 years, and the first ever delivered by a woman. The Budget’s positive interventions for Bassetlaw have the vibe of the late, great, Ian Dury’s song, “Reasons to be Cheerful”. In Bassetlaw, we now have significant support for UK fusion energy research to build on the UK’s position as global leader in sustainable energy. Building the first fusion power plant in Bassetlaw will take us to the next generation of carbon-neutral energy creation, providing huge opportunities to develop talent, skills, local jobs and wealth.

In her Budget statement last week, the Chancellor announced a £1 billion increase for special educational needs and disabilities. Any additional funding is of course very welcome, especially in Surrey, where the SEND system is in crisis, but it is important to put that figure in context. Estimates suggest that the national SEND budget is running an annual deficit of £4 billion, rising to nearly £6 billion in 2025. The whole system is being saved from complete collapse thanks only to a statutory override—an accountancy trick that allows councils to keep these deficits off their books until March 2026.

The Labour Government's budget focuses on fixing the foundations, delivering change that matters, and rebuilding Britain. It includes funding for more NHS appointments, money to rebuild crumbling schools, support for SEND, and improved conditions for carers. The Filton and Bradley Stoke constituency benefits from a £975 million investment in the aerospace sector, supporting research and development of new technology. Hazelgrove also welcomes the additional defence funding of £2.9 billion.

Glover acknowledges the NHS investment and compensation for victims but expresses concerns over the impact on small businesses, GP and dental surgeries, and high-tech sectors due to increased employer national insurance contributions and minimum wage hikes. He calls for an extra £1 billion a year in support for farming communities and regrets the lack of commitment to local rail schemes.

Ahmed congratulates hon. Members who delivered maiden speeches and discusses the end of austerity, praising the rise in national minimum wage to £12.21 an hour which will benefit 200,000 people in Scotland and 3,000 in his constituency. He highlights direct investment in Scotland through innovation accelerators and supports Scottish trade abroad with contributions to the Scotland Office. Ahmed criticises SNP-run Glasgow city council for cutting teaching posts.

Maynard focuses on the disconnect between government's talk of growth and investment and OBR forecasts, stating that real private consumption and business investment are set to fall. He discusses the impact of Brexit on long-run productivity and trade intensity, urging the Government to change course.

This Budget marks the return of a caring state after the Conservatives' decline. It is pro-growth, business-friendly, worker-focused, family-supportive, and delivers real-terms funding increase for local government. The national living wage increasing will benefit 4,000 people in Telford.

The Budget puts working people at the forefront with increased national living wage and no higher taxes for them. The NHS investment is a lifeline for timely, quality care. It supports young people in schools through core budget increases and free breakfast clubs.

Welcomes increased spending on public services and funding to the NHS and schools but raises concerns about disability benefits reforms potentially excluding those needing support. Suggests a wealth tax for super-rich Britons.

The Business Secretary and the Chancellor have emphasised investment as a key component of economic recovery. The constituency of Bournemouth West reflects the diverse UK economy, with sectors such as manufacturing, retail, hospitality, education, finance, tech, and creative industries benefiting from government support. The Budget aims to improve public services like infrastructure, healthcare, and schools while addressing issues faced by low-income families, workers on minimum wage, and carers. Jessica Toale welcomes the £500 million announced for road repairs in the Budget.

The previous government's economic policies led to political uncertainty and a lack of focus on industrial strategy, resulting in lost international investment opportunities. The new Government has committed £100 billion over five years for public sector investment as part of its modern industrial strategy, aimed at increasing prosperity and security nationwide. This strategy supports small businesses by enabling them to benefit from supply chains linked with larger industry players, reversing the trend of deindustrialisation seen under previous governments. Chris McDonald highlights his constituency's reliance on well-paid industrial jobs and emphasises that only a Labour Government can deliver such economic benefits.

The Budget addresses the economic challenges inherited from the previous government, including sluggish growth and strained public services. It includes record investments in healthcare, pay increases for low-income workers, funding for school breakfast clubs, and support for special educational needs. For small businesses in his constituency, the Chancellor’s measures to reduce national insurance contributions will significantly help them manage costs and sustain employment.

The Budget marks a significant break from past economic policies that prioritised austerity and suffered severe economic consequences. It places money in the hands of low-income workers, stimulates infrastructure investment to drive economic growth and job creation, and rebuilds public services with a coherent industrial strategy at its core. Perran Moon criticises the former opposition for their failure to address the cost-of-living crisis and welcomes the Government's approach as a transformative step towards economic recovery.

I thanked Members for their well wishes and the Metropolitan police officers who assisted me. I emphasised Labour's support for working people, highlighting a significant pay rise due to the national living wage increase, benefiting 18 to 20-year-olds in my constituency by 16.3%. The tourism economy in Blackpool is valued at £1.7 billion annually and supports over 22,000 jobs. I welcomed the Chancellor's move to lower business rates for retail, hospitality, and leisure sectors and extended business rate relief. However, businesses need more reassurance from the Government. Grassroots music venues like the Bootleg Social are struggling but contribute greatly to our cultural landscape. The tourism and hospitality sector in Blackpool looks forward to investment in transport infrastructure.

I congratulated hon. Members who made their maiden speeches today. I criticised the Conservative Government's undermining of public services, stripping them of funding and demoralising staff. The Budget seeks to fix foundations and begin restoration but faces a long road due to previous underinvestment. I welcomed additional £1 billion for SEND (Special Educational Needs and Disability) in the Budget but urged more action as it only covers part of the current deficit. Capital funding is desperately needed for King’s College hospital, which faces severe financial challenges. While social housing funds are welcome, they must keep pace with London rents to avoid families being forced into temporary accommodation.

The Budget answers the call made by many constituents during the general election. It addresses change for the NHS, living standards of working people, and declining infrastructure investment. I welcomed a transformational uplift in the minimum wage, benefiting thousands in my constituency. The commitment to extending High Speed 2 to Euston is imperative, as it has potential economic growth benefits. My constituents voted for change that this Government delivers through rebuilding the country and protecting the NHS.

I thanked the Chancellor for a Budget that rebuilds the country and protects the NHS, cementing local government funding. The Budget provides billions for the NHS, funding for SEND, and opens breakfast clubs. It guarantees funding for high street projects like those in Calder Valley and ends beauty contests for meagre funding. I criticised the Opposition's perception of the Budget as different from what it actually delivers.

My constituents want a country where public services work and the economy grows. The Government inherited an inheritance of low to no growth from Labour's 14 years in power, plus the impact of the Conservatives' Kamikaze mini-Budget and £22 billion black hole in the public finances. This Budget invests heavily in public services, with a major focus on affordable homes programmes, local planning authority capacity, health capital investment for phase 1 of the spending review, education funding increases including £1 billion for SEND support, and additional funding to help local authorities avoid bankruptcy as austerity measures are phased out.

This Budget provides a significant boost to the NHS with £25 billion investment, increases school funding including £1 billion for SEND support, and invests in transport and energy infrastructure. Locally, it offers positive developments such as £650 million for rural local transport, fuel duty freeze, solutions for housing crises, and increased council funds for affordable housing. Cornwall's shared prosperity funding has been extended for another year at a national figure of £900 million. Additionally, investment in renewables, technology, food, and creative industries is expected. The Budget aims to rebuild the NHS, schools, public services, and infrastructure without increasing taxes in pay packets.

The national minimum wage has been increased to £12.21 per hour, impacting over 9,000 people in Buckinghamshire. Schools receive a core budget increase of £2.3 billion and an additional £1 billion for SEND support. There is also a commitment to infrastructure investment including East West Rail, mental health budget increases, and a significant NHS spending boost aimed at reducing waiting lists, investing in new technology, and delivering 40,000 extra appointments per week.

The Budget delivers ambitious plans for rail infrastructure, £100 million R&D funding for aerospace, £2 billion to support the automotive sector, and a fuel duty freeze. It also includes investment in education, healthcare, businesses, and local regeneration projects like new university facilities, mental health units, and theatres. The budget supports small business growth through skills investments, business rate reforms, start-up loans, and east midlands investment zone approvals. Furthermore, it increases the national minimum wage, affecting one in 10 Derby North workers.

The Conservative party was keen for us all to declare our membership of trade unions in the debate on the Employment Rights Bill, so we should probably all declare that most of us received funding from businesses during the general election campaign. I thank the Chancellor for protecting working people and small businesses. The local businesses I speak to are proud not only to deliver quality products and services but also to create good jobs and strengthen the local economy. They want a fair tax system, investment, and faster planning decisions. Britain is held back by a skills shortage, so I welcome a Budget that invests in Britain’s people. In my constituency, life expectancy has fallen behind, children are shorter, and the number of children in care has increased by 250%. This Budget ends austerity and puts more money in people's pockets, including honouring the triple lock which the Conservatives failed to do.

When I stand to speak, I often criticise the former Government. However, Liz Truss at least got one thing right: she claimed economic growth was her driving force. Our focus is on long-term investment, not short-term tax cuts. We have secured £63 billion in private investment and put £2 billion into electric vehicle development. This Budget will make Britain better off; there will be more money in people’s pockets, an NHS that is there when needed, businesses creating wealth and opportunity for all, the house building we need, transport infrastructure, wages that make work pay, and a state pension uprated as it should have been.

This Budget shows deceit from Labour; they promised one thing during the election but delivered another. My Conservative colleagues have laid bare the consequences of this Budget, speaking on behalf of farmers, small businesses, parents with children in education, GP surgeries, and workers. This is a Budget of choices, where Labour has chosen to increase taxes, debt, and change fiscal rules while breaking promises. The private sector is a delicate fabric of small and medium-sized businesses that have been scraping by for years. The increase in employer national insurance contributions will be passed on through reduced wages according to the Office for Budget Responsibility. Reducing Agricultural Property Relief and imposing inheritance tax on farmland will devastate family farms and pose risks to domestic food security and prices.

It is an absolute honour to make the closing speech on this historic Budget. It is historic for two reasons: first, it is the first ever Budget delivered by a woman—the first female Chancellor of the Exchequer after 800 years—and secondly, it marks the beginning of wiping the slate clean from 14 years of Tory incompetence and instability. This Budget focuses on fixing the foundations of our economy to deliver for working people and rebuild Britain. The previous Government’s public spending plans existed only on paper without real allocation of money, similar to a huckster trying desperately to sell a flat they know will never be built. That is why the OBR has said that its assessment of the previous Government’s spending plans would have been materially different if made aware of the scale of the spending pressures during the spring 2024 Budget.

Explained what will happen next, stating that she is now required under Standing Order No. 51(3) to put successively, without further debate, the Question on each of the Ways and Means motions numbered 2 to 62, and the money motion on which the Finance Bill is to be brought in.