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Ways and Means
11 March 2024
Lead MP
Lucy Frazer
Debate Type
General Debate
Tags
TaxationCulture, Media & SportBusiness & Trade
Other Contributors: 45
At a Glance
Lucy Frazer raised concerns about ways and means 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
Since 2010, the economy under Conservative Government has seen significant growth despite challenging times. The Chancellor's Budget supports sectors such as the creative industries, which have grown rapidly and are a major contributor to the UK economy with over £124 billion in value last year alone. Tax reliefs introduced every year since 2012 have attracted global investment, creating more than 1 million jobs and increasing exports by 210%. The Government continues this support with additional tax relief measures aimed at securing the long-term future of cultural institutions and building a pipeline of talent.
Alex Sobel
Lab Co-op
Leeds Central and Headingley
Asked for more support to ensure production facilities are available in northern England, matching local ambitions.
Tan Dhesi
Lab
Slough
Critiqued the Government’s claim of reduced taxes and economic improvement, stating that household finances will be worse off by £870 on average due to current tax plans. Also pointed out that national debt has nearly tripled since 2010.
Toby Perkins
Lab
Chesterfield
Questioned the Government’s claim of fiscal responsibility, noting that national debt is now almost three times higher than in 2010.
George Freeman
Con
Mid Norfolk
Defended previous government measures such as bank bailouts and pandemic relief, attributing current high debt levels to these factors rather than ongoing mismanagement.
Jim Shannon
DUP
Strangford
Welcomed support for the creative industries in Northern Ireland and asked about further collaboration with the newly re-established Northern Ireland Executive to boost the sector.
Tan Dhesi
Lab
Slough
Criticised the Government's long-term economic decisions, citing ONS figures that show consecutive quarters of GDP per capita decline since 2022, indicating stagnation comparable to the 1950s.
Edward Leigh
Con
Gainsborough
Asked about long-term plans for protecting pensioners from tax changes that benefit working people more than those in retirement or approaching it.
Wes Streeting
Lab
Ilford North
Mr Streeting criticised the Government's economic record, highlighting recession, high taxes, lower wages and NHS funding cuts. He stated that the Budget worsened existing issues rather than addressing them. Mr Streeting also emphasised the need to recover funds from those who profited unfairly during the pandemic crisis.
Ms Mackrory defended her actions against criticism, clarifying that she was working hard on removing advantages for short-term holiday lets in Cornwall and rejecting overly political tones as unpracticed by them.
George Freeman
Con
Mid Norfolk
Welcomed the £650 million package to reverse covid damage in life sciences and emphasised the need for non-partisan efforts. Acknowledged a suggestion to ban water bosses’ bonus but did not provide a detailed response.
Edward Leigh
Con
Gainsborough
Asked about Labour's long-term plan in relation to national insurance and the triple lock, highlighting concerns over pensioners being dragged into paying tax due to fiscal drag. Raised questions regarding how Labour would fund their proposal to scrap national insurance.
Bill Wiggin
Con
Hereford and South Herefordshire
Emphasised the importance of job creation, noting that 800 jobs were created every day over a period of 14 years due to Government policies. Highlighted the NHS's achievements in cutting waiting times with an allocated £2.45 billion budget for 2025. Advocated for piloting a scheme where GPs are paid according to the number of patients they see rather than those on their books. Discussed immigration issues, suggesting that paying France to stop crossings may not be necessary once the Rwanda scheme is operational. Proposed tax breaks over grants as a better tool for supporting farmers and suggested merging Environment Agency and Natural England to alleviate pressure on farmers' mental health. Noted a 6% increase in pension payments matching the triple lock. Praised the reallocation of HS2 funds towards road resurfacing and local transport, which he believes is an example of strategic use of public funds.
Kirsty Blackman
SNP
Aberdeen North
The member emphasised that many constituents are struggling due to high costs of living and inadequate public services. She criticised tax cuts as not being true investment, while also pointing out the negative impacts on NHS spending and arts funding. Additionally, she highlighted issues with the creative sector and live music industries.
Philip Dunne
Con
West Worcestershire
Welcomed the Chancellor's tax cuts, emphasising that they will help families and workers across the country. Highlighted specific benefits for south Shropshire constituents such as reduced personal taxes and increased thresholds. Also discussed positive impacts on pensioners due to the triple lock mechanism and higher state pensions. Mentioned the fuel duty freeze and relief measures for pubs in rural areas. Discussed agricultural property relief improvements and praised renewable energy investments. Acknowledged the need for infrastructure investment alongside decarbonization efforts. Supported nuclear energy progress and welcomed clarity on carbon border adjustment mechanisms.
Paul Blomfield
Lab
Sheffield Central
Critiqued the Chancellor's Budget, arguing it ignored public service crises such as NHS waiting lists, crumbling schools, declining bus services, rising knife crime, and increased food bank usage. Highlighted Sheffield City Council losing £3.6 billion in real terms over 14 years. Noted that despite tax cuts, UK growth is below major economies like the eurozone, Japan, Canada, and the US. Emphasised the need for revenue generation without increasing taxes on working people, noting that Resolution Foundation found workers earning under £27,000 will be up to £500 a year worse off due to recent changes. Criticised tax cuts as benefiting those who can afford it while leaving public services and departments worse off.
John Baron
Con
Basildon and Billericay
Commends the Government for the Budget, highlighting its radical nature. Praises measures such as the state pension increase by 8.5%, minimum wage rise by 9.8%, and reduction in national insurance contributions adding £900 to average salary. Acknowledges higher taxes but supports pandemic response. Emphasises encouragement of domestic investment in British equities, particularly for pension funds to support UK firms. Discusses the shift in tax burden from workers to other forms of income as a radical change. Raises concerns about cost disclosure regime hindering investment trusts, proposing solutions and urging Government support.
Barbara Keeley
Lab
Westminster South
The Chancellor's Budget speech acknowledged the importance of creative industries and tourism but failed to address the crisis in arts funding. Since 2010, local authority funding for arts and culture has fallen by 43%, leading to cuts in music education and grassroots venues. The Government's pension scheme funding extension for music teachers is only temporary, increasing uncertainty. Music touring has been impacted by delays in A1 form issuance from HMRC, causing financial penalties. Additionally, the loss of over 125 grassroots music venues and 15 festival postponements/cancellations highlights the crisis. UK Music estimates that over £6.5 billion is spent annually by the 14 million music tourists visiting the UK. Labour's mission aims to break down barriers to opportunity in arts and culture, ensuring access for all children.
Damian Green
Con
Ashford
I am positive about the Budget, praising it for its navigational skills in choppy economic waters. The Chancellor's focus on national insurance cuts and support for the creative industries are highlighted as beneficial measures. However, there are caveats regarding decarbonisation of rural heating and VAT-free shopping.
Chris Bryant
Lab
Rhondda and Ogmore
Acknowledged cross-party support for tax reliefs over the years, noting that they were originally introduced by the Labour party and expanded by the Government. Contradicted earlier claims about a lack of voting on individual tax reliefs.
Andrew Gwynne
Ind
Gorton and Denton
The Budget, according to the speaker's constituents and many in Parliament, falls short of expectations. Taxes are up, mortgages are up for many, bills have increased, and prices have risen. The Government's response is seen as inadequate, offering crumbs to working people without tackling fundamental economic challenges. The Chancellor's proposal to abolish national insurance appears reckless, as it would lead to higher income taxes or VAT increases or substantial cuts in public spending. Local government finances are dire with section 114 notices becoming common, and the Government's response is seen as insufficient, leading to deeper social and economic inequality.
Truro and Falmouth
The Chancellor's Budget statement will help deliver better homes, a lower cost of living, and high-skilled jobs for the future. It includes the abolition of the tax regime for furnished holiday lettings which is crucial to address the housing crisis in Cornwall. The speaker highlights the importance of creative arts, apprenticeships, emerging industries like floating offshore wind and critical minerals, life sciences, traditional industries such as fishing and farming, and investment in maternity services.
Vicky Foxcroft
Lab
Lewisham North
The debate focuses on growing the economy amidst a cost of living crisis. The speaker advocates for a public health approach to tackle youth violence, highlighting the importance of long-term funding and multidisciplinary collaboration through violence reduction units. She also emphasises investing in young people's future by addressing root causes such as poverty, housing, education, employment, and rebuilding community relationships.
James Davies
Con
Vale of Clwyd
My constituents face significant financial pressures, but there is optimism as inflation and energy bills fall. The Chancellor's decision to cut national insurance contributions will benefit 27 million working people by an average of £900 per year, the lowest effective personal tax rate since 1975. Pensioners will see a substantial increase in their state pension (8.5%). Despite these positive measures, the Welsh Government's poor prioritisation affects north Wales negatively through council tax hikes and service cuts. The disparities are evident with higher business rates for small businesses in Wales compared to England. However, there is recognition of UK government support for projects like levelling-up funding, NHS spending improvements, community renewal funds, and infrastructure investments such as the electrification of the North Wales mainline. Additionally, cultural institutions receive funding, notably Theatr Clwyd and Venue Cymru.
Mick Whitley
Lab
Birkenhead
The Chancellor's Budget fails to address long-term economic needs by prioritising tax cuts for higher earners over supporting low-income households. The economic situation is dire, with the UK in its longest period of stagnation since the 1950s and living standards set to fall during this Parliament. Instead of trickle-down economics, investment in working-class households would benefit local economies more effectively. MPs will personally benefit from tax cuts but lower earners will not see improvements. Public services face drastic underfunding with no additional commitment made for health, education or social security. Voters prioritise spending on public services over tax cuts despite high taxes. The Opposition recognises the need for genuine progressive tax reform to address wealth distribution and invest in infrastructure.
Dorset South
Supports the Budget, highlighting tax cuts for workers and families. Emphasises NI cut of £900 for average worker, tax relief for self-employed, increased VAT registration threshold, high-income child benefit charge amendment adding an average £1260 uplift, and a proposed transferable allowance for married couples reducing poverty by 4.3%. Advocates for further cuts on capital gains tax and inheritance tax to encourage economic growth and entrepreneurship.
Helen Morgan
Lib Dem
North Shropshire
Ms Morgan highlighted several issues holding back the rural economy in North Shropshire, including high input costs for farmers, environmental challenges due to weather conditions, and a reduction in farm payment support. She emphasised the need for easier access to environmental schemes and better financial assistance for farmers. Additionally, she raised concerns about public transport inadequacies and the lack of job opportunities for young people. Ms Morgan also discussed issues related to mobile connectivity and digital investment, stressing the importance of improving 4G connections in rural areas to enable remote work and business growth. She further touched upon health service recruitment difficulties and the impact on local healthcare accessibility, as well as the strain on social care funding within local government budgets, which hinders economic regeneration efforts.
Ian Byrne
Lab
Liverpool West Derby
The Budget fails to address pressing issues such as poverty, social care, education, and homelessness. It cuts essential services provided by local councils and the criminal justice system by £20 billion. The majority of people prefer increased public spending over tax reductions. School infrastructure funding is insufficient, with planned investment cuts amounting to £20 billion up to 2028. Food insecurity has doubled since 2022, affecting 10 million adults and 4 million children. Workers across industries are facing hardship due to rising costs and underpayment.
John Hayes
Con
South Holland and The Deepings
Hayes argued that living standards have stalled since the 2008 financial crisis. He cited the Resolution Foundation's estimate that real wages will only be 2.4% higher in 2024 compared to 2008, a stark contrast to the 36% increase seen before this period. The MP stressed the importance of addressing economic insecurity and family breakdown through stable families and supporting marriage. He also highlighted the need for macro-societal approaches focusing on community engagement and social responsibility.
Toby Perkins
Lab
Chesterfield
This Government has increased national debt from £1 trillion to £2.6 trillion, failed on public services, and left people worse off with real GDP per capita lower than at the start of this Parliament and real wages stagnated. This Budget does not improve lives but leaves working people worse off.
Neil Hudson
Con
Epping Forest
Welcoming the Chancellor's Budget, the speaker highlights the Government’s financial stability which allowed for significant spending during the pandemic, including the vaccine roll-out and furlough scheme. The speaker also commends support measures such as the pensions triple lock, national insurance cuts, fuel duty freeze, A66 dualling project, tax relief for film-making, tackling holiday lets, and NHS reform funding.
Gerald Jones
Lab
Merthyr Tydfil and Aberdare
Last week’s Budget demonstrated to many the result of almost 14 years of Tory economic failure. Taxes are rising, prices are still going up in shops, mortgages are higher, and we have the highest tax burden in 70 years. The OBR confirms that this will be the worst Parliament on record for living standards, with real pay having gone up by just £17 a week over 13 years of Conservative government. Families across Merthyr Tydfil and Rhymney are already struggling to make ends meet due to food prices being 25% higher than two years ago, utility bills increasing, and higher mortgages as a result of the Tories’ mini-Budget in 2022. The OBR confirms that households will be £870 worse off under this Prime Minister’s tax plan.
George Freeman
Con
Mid Norfolk
This country is reeling, but it is not from 14 years of Tory cuts. It is reeling from the most extraordinary period of economic shocks that this country has ever seen, including a City crash in 2007-08 costing £875 billion in quantitative easing, Brexit costing £70 billion, and the pandemic costing £400 billion. The Government provided support through fuel duty freeze, household support fund, cost of childcare relief, child benefit measures, alcohol duty freeze, national insurance cut worth £800 for the average worker—including self-employed workers—and pension triple lock being fixed at 8.6%, which is four times the forecast rate of inflation. In Norfolk, there was investment in new special free schools for children with special educational needs and disabilities, accelerated east-west rail delivery, and 10 sports facilities in rural Mid Norfolk.
Chris Bryant
Lab
Rhondda and Ogmore
Supports the Budget's measures for creative industries but criticises its impact on local communities like Rhondda, highlighting that it fails to provide equal opportunities or support creative education. He also condemns the levelling-up process as corrupt and ineffective, pointing out specific examples of funding distribution. Further criticises the Government's approach to NHS funding and infrastructure development.
Welcomes the Budget, praising it for creating jobs and providing financial help during the cost of living crisis. She highlights specific benefits for small businesses in Southend and Leigh-on-Sea, including VAT reforms, alcohol duty freeze, and business rates relief. Emphasises tax cuts for workers, families, and essential workers like nurses, teachers, and police officers. Also mentions fuel duty freezes and changes to high-income child benefit charge.
Andrew Western
Lab
Stretford and Urmston
This Budget was a huge disappointment. Taxes are still rising, weekly shops are more expensive, and mortgages remain sky-high for my constituents. The tax burden is the highest in 70 years with falling living standards on record. The Prime Minister's promise of growth led us into recession. Despite this, there was nothing to reverse stalling house building or support renters. The Government failed to deliver on housing targets and allowed homelessness to soar. Labour’s commitment to reform planning rules, reintroduce house building targets, build on green belt parts that are not green, and restore social housing will be key drivers in our mission for the fastest growth in the G7.
Despite a pandemic and an energy price hike caused by Putin’s war, the Chancellor has achieved remarkable success through careful stewardship, enabling investment commitments and tax cuts. The previous Labour Government created false growth leading to a deep recession, while under Conservatives, the ceramics sector's gross value added doubled in real terms. I hope the Government will consider exempting the ceramics industry from an emissions trading scheme that threatens similar damage to Labour’s climate change levy. The Budget includes progress towards small modular reactors and tax cuts giving relief to hard-pressed working people. There is good news for local advanced manufacturing, transport infrastructure projects, new rail stations, road upgrades, a new alternative provision free school, NHS investment, and high street support.
Chris Stephens
SNP
Glasgow Cheetham Hill
The Chancellor's Budget is criticised for neglecting three major compensation issues and allocating £46 billion to tax cuts. The speech highlights the discrepancy between corporate profits and people's financial struggles, suggesting an excess profits tax. It also mentions public sector pay as unsustainable when workers receive social security benefits.
Alex Sobel
Lab Co-op
Leeds Central
Critiques the Government for a lack of vision in their Budget regarding net zero goals, renewable energy investment, and electric vehicle roll-out. The speech also addresses subsidies for industrial-scale wood burning at Drax power station and proposes Labour's plan for green sustainable energy future with Great British Energy.
Ashley Dalton
Lab
West Lancashire
The economy is in recession, with rising supermarket prices and falling living standards. Taxes are at record highs, yet public services like schools, hospitals, and roads are underfunded and struggling. The national debt has tripled since 2010, and the Conservative party's mismanagement of finances over the past 14 years has led to austerity measures that have worsened public service provision. The Government's recent Budget choices, such as scrapping non-dom status but leaving a £6 billion hole in funding, further exacerbate issues without offering meaningful relief for working people who are still worse off by £870 on average under the current plans.
Sarah Dyke
Lib Dem
Glastonbury and Somerton
The Budget fails to address the urgent need for funding in public services, particularly the NHS. Public spending per head has fallen by £680 over three years, and there is a near 17% decline in the number of dentists in Somerset since 2015-16. The Government's lack of investment in NHS dentistry leaves many people without access to dental care. With an ageing population and increasing pressures on adult social care, two local care homes face potential closure due to financial strain. The Budget is short-sighted and fails to recognise future challenges, leaving elderly residents vulnerable.
Rachel Hopkins
Lab
Luton South
The Chancellor's Budget fails to improve the lives of people in Luton South and Bedfordshire. It lifts the lid on Tory economic failure, with the UK facing its highest tax burden since 1952 and a forecast showing no improvement for ordinary citizens. Each household is now £870 worse off under the Conservatives' plan, and unfunded pledges like abolishing national insurance will cost taxpayers billions. The Conservative party's continued mismanagement of public services and local government exacerbates the cost-of-living crisis.
Alison Thewliss
SNP
Glasgow Central
The theatre, orchestra, museums and galleries exhibition tax relief is welcomed but comes in a context of years of cuts to arts funding. The RSNO has diversified its work and asks for employers in the cultural sector to be exempt from national insurance to encourage hiring freelancers into employment. A Labour Government's support would ensure venues can continue operating. Music tickets with 20% VAT inhibit enjoyment, and VAT should be reduced further. This Budget fails to address public service funding gaps or provide a sustainable future. The child poverty rate is alarming, and the two-child limit on universal credit exacerbates hardship for larger families.
Jim Shannon
DUP
Strangford
Jim Shannon thanked the Chancellor for his efforts, emphasising the importance of supporting constituents financially. He praised the Government's steps to change the child benefit threshold based on household income rather than individual income, highlighting previous attempts through a 10-minute rule Bill he introduced last year. He requested clarity from the Minister regarding inflation adjustments for working-class families. Shannon also expressed concern about national insurance cuts and their potential impact on funding for essential services like the NHS, suggesting that some constituents would prefer to continue paying higher rates if it meant better healthcare provision. He pointed out an anomaly in tax treatment between renewable liquid fuels and fossil fuel heating oil, arguing that scrapping taxes on renewable fuels could encourage environmental practices while also supporting families financially. Shannon further questioned why there was no consultation on the Renewable Liquid Heating Fuel Obligation (RLHFO) as promised, requesting assurances on its timing. He concluded by reiterating his commitment to working-class families and emphasising the need for clarity in implementing the Budget's provisions.
Bristol West
The Labour Party highlights the negative impacts of the current government's policies on living standards, GDP per capita, and debt. The speaker emphasises that working people are struggling due to the cost of living crisis, public services turmoil, increasing crime rates, high housing costs, and rising homelessness caused by government actions. She also stresses the importance of culture and sport in bringing joy and economic growth, citing successful examples such as Bad Wolf Studios in Cardiff which have thrived under Labour's support for partnerships with private sectors.
Gareth Davies
Con
Grantham and Bourne
The Budget is designed to support families, enhance economic sectors such as life sciences with £84 million investment, strengthen the creative industries through tax credits and business rate reliefs, provide substantial NHS funding, increase state pensions significantly, boost pension returns via capital market reforms, and aid small businesses by raising VAT thresholds.
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