Mr Richard Holden
MP for Basildon and Billericay · Conservative · United Kingdom
“Having spoken to Mr Speaker earlier today, it was my understanding that urgent questions requested by my party and by the Liberal Democrats were not accepted because the Government gave assurances that a statement will be made in the House tomorrow.”
“I also agree with the Secretary of State’s observation in her letter to colleagues on 1 September, in which she said that the contributions of the Lords have helped strengthen the legislation before the House today. At its core, this is broadly an administrative Bill.”
“If the Minister would like to speak, he can stand at the Dispatch Box. No, he does not want to do that—fine. We will have him here tomorrow, then, as we were told today that our urgent question would not be accepted because the Minister would be making a statement. We will have to see whether that actually happens.”
“I know that the Secretary of State is incredibly busy selling out taxpayers in her latest meetings with union barons who have her over a barrel; she was apparently too busy to join me and many of the shadow ministerial team at the Farnborough air show.”
“I genuinely find it difficult to believe that the Secretary of State does not herself believe that there is a simple link between Gatwick having a minimum target of more than half of passengers getting to and from the airport by public transport and the soaring drop-off charges.”
“The Government have talked a lot about growth, yet have refused to set tangible targets to deliver it—whether in this aviation Bill, or indeed for passenger growth in the Railways Bill.”
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“The Government want us to believe that they are at least trying to help, but it is clear that this is a Janus-faced Government. As my right hon. Friend the Member for East Surrey said, the costs have not come off people’s bills, because the Government are just moving those costs to their tax bills. That is true, is it not? We are told to be grateful that energy bills—which are already up—are being shifted to our tax bills. The electric car grant that is coming in is not actually helping anyone. It is not a result of energy prices having gone down; it is being paid for with pay per mile, despite the fact that the Secretary of State for Transport said to my hon. Friend the Member for Bridlington and The Wolds (Charlie Dewhirst) at Transport questions that that would not happen.”
“Despite the election pledges, tax rises are hitting working people up and down the country. Under this Government, taxes are up by £66 billion a year, and alongside that, debt has risen by tens of billions of pounds. The real issue for the cost of living is Labour’s doom loop—higher taxes, higher prices, lower growth and more unemployment, followed by higher taxes, higher prices, lower growth and more unemployment—but this Government simply do not get it. They have apparently tried educating their Back Benchers, but their Back Benchers have made their position clear. Regarding welfare, one was quoted as saying, “I don’t understand why this means tax rises when it’s only a few billion pounds”. Imagine how that is going down with those who have to lend us billions of pounds every year.”
“Part-time jobs are being hammered, and as my right hon. Friends the Members for North East Cambridgeshire (Steve Barclay), and for Aldridge-Brownhills (Wendy Morton), have mentioned, taxes on employment are really hurting people. Growth is down, particularly in the North sea, as my hon. Friend the Member for Gordon and Buchan (Harriet Cross) said in her fantastic speech. As my hon. Friend the Member for Weald of Kent (Katie Lam) said, energy prices are through the roof. That is hitting our ability to deliver growth for businesses, particularly our manufacturing sector. Right across the piece, this Government are hammering businesses; as my right hon. Friend the Member for Salisbury (John Glen) said, business rates for high-street firms are up by at least 40% since the general election, despite what we are constantly told by Ministers.”
“The real issue here is hiding in plain sight. It is on the annunciator. This is all about bearing down on inflation, because this Government have already catastrophically failed to keep it at 2%, where the Conservative party left it at the time of the general election. That is having an impact on the cost of living up and down the country. From every single business I visit, and every single person I meet on the street in Basildon and Billericay, I hear, “Since Labour got in, things have got worse.” Unemployment is up, as is inflation—it is now double what it was at the general election. It is the highest inflation in the G7, as my right hon. Friend the Member for Stone, Great Wyrley and Penkridge (Sir Gavin Williamson) said. Rents are up, as my right hon. Friend the Member for East Surrey (Claire Coutinho) said.”
“My right hon. Friend has made an extremely important point. These taxes are hitting across the board, and they are hitting the employment of his constituents. That is on top of the tax rises that we saw last year: the changes in business property relief, business rates and agricultural property relief, and the national insurance tax rises. It is hammering working families up and down the country, while the Government pretend that it is not. How on earth can the Secretary of State claim that this Budget will keep inflation down? Every policy choice that the Government make fires costs straight back into the system. It is happening with policy after policy, as if some giant socialist Gatling gun were spraying costs on to businesses, passengers, taxpayers and, indeed, the entire country.”
“They think that small businesses will not notice business rates going up, or national insurance taxes going up. But people have noticed. They have noticed the broken promises on tax, on working people and on bills. They have noticed the smoke and mirrors. The Government are robbing Peter, but not to pay Paul; they are robbing Paul too. People were worried ahead of the Budget this year, and now they are worried about what the third Labour Budget next year will deliver, because they know that this failing Government will be coming back for more.”
“Is the Labour party really going to tax people for driving on foreign roads? We shall have to see. The hon. Member for Buckingham and Bletchley (Callum Anderson) made a very sensible point when he said that fiscal prudence was a means to an end. It is a means to the end of getting debt interest down, and keeping borrowing rates for businesses and families down. That is exactly right, but we did not see it from this Government. They think that people will not notice, but the Chancellor determinedly obfuscated about the figures. She talked of a black hole imposed on her, but in truth, taxes on working people are rising to pay for more welfare. The Government think that people will not notice that they are being bribed with their own money, taken from them via the tax on electric vehicles and energy.”
“Friend the Member for Bridgwater (Sir Ashley Fox) all made the same point; they are not normally on the same page, but they were today. They pointed out that it would be working people paying the price for those extra tax rises, because of thresholds that are frozen year after year owing to decisions made by this Labour Government. The Government are not on the side of motor manufacturing either. Real concerns have been expressed by that sector, as was pointed out by the hon. Member for Brentford and Isleworth (Ruth Cadbury), the hon. Member for Ellesmere Port and Bromborough (Justin Madders), and my hon. Friend the Member for Hinckley and Bosworth (Dr Evans). How on earth, as the hon. Member for South Antrim (Robin Swann) asked earlier, will a pay-per-mile scheme work when people are crossing the border?”
“However, it is not just small businesses that are being affected. We hear today that Zipcar, which is important to a great many people in London, will be closing its operations from the end of the year. That will have a huge impact, and it is happening because of the taxes on the company and the congestion charge imposed by the Mayor of London. My hon. Friend the Member for Isle of Wight East (Joe Robertson) made a good point earlier when he said that, once upon a time, Labour talked of being the party of a hand up, not a handout. Well, Labour is now, quite clearly, the party with its hand in the pocket of working Britain. The hon. Member for Leeds East (Richard Burgon), the hon. Member for Salford (Rebecca Long Bailey) and my hon.”
“We thought it would be capital flight—in fact, that is what the Treasury was briefing out: real worries about capital flight—but it is not just capital flight; it is entrepreneurial flight. It is labour fleeing the country as well. People are leaving. The only thing left is land, and the Government are taxing that as well. My right hon. Friend the Member for Salisbury made a very good point in his speech. He said that he had never seen such speculation ahead of a Budget that had worried family businesses—family businesses in his constituency and in mine. I have never known a Budget to be talked about as much as this Budget was in advance of its production. It is quite incredible. The economy is being harmed just by the briefing put out by the Government. They were doing it on the Prime Minister’s own plane. It is unbelievable.”
“I am afraid that I have no time to give way further. Do the Government not understand that every time they hike up taxes, the cost of food goes up? Do they not understand that an indiscriminate tax hike means that the cost to the producer rises, the cost of getting the food to the shops rises, and the cost to the supermarket selling the food rises? It is a conveyor belt of wholly avoidable costs. That brings me to the core of my argument. What are this Government actually for? Disposable incomes have been revised down, along with growth, while taxes, inflation and business rates are all up. What else is up? The number of entrepreneurs leaving the country.”
“Member for Makerfield (Josh Simons), that any important policy announcements would be made to this House. Can you therefore advise me how the Transport Secretary may be invited to return to clarify the Government’s true position?”
“On a point of order, Madam Deputy Speaker. At Transport questions, my hon. Friend the Member for Bridlington and The Wolds (Charlie Dewhirst) asked the Transport Secretary whether a pay-per-mile charge would be introduced, as had been reported in the Financial Times . In response, the Transport Secretary said: “There are no proposals to introduce a national pay-per-mile scheme.” —[ Official Report , 20 November 2025; Vol. 775, c. 834.] However, the Government then briefed the Daily Express , claiming that the Transport Secretary had misspoken in the Chamber. That directly contradicts what this House was told. I have checked Hansard and no correction has been made. This is especially concerning, given the guarantee made yesterday by the Parliamentary Secretary to the Cabinet Office, the hon.”
“There is no passenger growth commitment in the Railways Bill, just the expectation of inflation-busting fare rises in the Budget. Holidaymakers are being used like a piñata, with a 13% rise in air passenger duty already in prospect, and airport business rates will be passed on to them too. Ports have been throttled by delayed decisions on connectivity with the rail infrastructure. Motorists are facing potential fuel duty rises, with insurance premium tax rises and pay-per-mile hanging over them. Which of the above measures is supporting, rather than hammering, economic growth?”
“Everyone I have spoken to in the UK automotive sector knows that the Government’s 2030 targets for electric vehicles are unachievable, will cost good UK jobs and are a boon to China as we see BYD sales up by 350% year on year, to 3,500 in the latest October figures. In fact, although the Government said that these targets would deliver certainty, the head of one major car manufacturer told me that the only certainty is a “terminal diagnosis” for the automotive sector in this country. When will the Government abandon these damaging targets, which are hammering UK jobs and UK economic growth?”
“We now have a situation where Parliament is being treated with contempt and information is being provided to members of the public under FOI but withheld from Members of this House. This is a direct breach of the Government’s own guidance and of the principle of accountability to this House. Madam Deputy Speaker, will you consider communicating to the Leader of the House and to the Departments that such inconsistencies are wholly unacceptable and that information that would be released under FOI must also be released to Parliament? Should the two Ministers not now correct this affront and place the information in the Library of the House?”
“This guidance appears to have been breached in relation to questions about representations on the Government’s plans to hike up parking fines. On 10 July, in answer to parliamentary question 64511, the Under-Secretary of State for Transport, the hon. Member for Nottingham South (Lilian Greenwood), refused to publish the material. On 19 August, the Department released the same information under the Freedom of Information Act, explicitly referencing the unanswered parliamentary question. When asked again to publish the released material, on 16 October, in answer to parliamentary question 77651, the Under-Secretary of State for Transport, the hon. Member for Wakefield and Rothwell (Simon Lightwood), once again refused to do so.”
“On a point of order, Madam Deputy Speaker. The Cabinet Office guide to parliamentary work is very clear that “Every question should be approached with a predisposition to give relevant information fully. There should be no inconsistencies between the provision of information in answers to written questions and information given” under the Freedom of Information Act 2000. If “information would be released under FOI, it would also be released in response to” a written parliamentary question. This position was confirmed by the then Leader of the House in October last year when she stated that if information would be released under freedom of information legislation, it would also be released in response to a written parliamentary question.”
“A third runway alone will not shield the country from the consequences of Labour’s economic mismanagement, but it is a project that must be delivered correctly and responsibly and put passengers at its heart.”
“She said that the review would be delivered in the summer of next year. Will it be before the summer recess so that the House will have time to scrutinise it? While this Government continue to splurge cash, hike up taxes and debt and tie Britain up in eco-lawfare with their Green allies, only the Conservatives would restore confidence, break that cycle and deliver a stronger economy with world-class aviation at its heart. Sadly, under this Government, taxes have risen to historic highs. They have imposed a punishing jobs tax, and borrowing has soared to the highest levels since 2010 outside the pandemic, with £100 billion in annual debt interest payments.”
“We on these Benches recognise that greater competition is the most effective way to deliver value for money and reduce costs to consumers, and I am grateful that the Secretary of State acknowledged in her statement that Heathrow expansion must minimise costs, but the only way to achieve that is through real and genuine competition. Heathrow’s current structure has the potential to create perverse incentives that reward higher spending rather than efficiency, pushing up charges for passengers and airlines. I note the commitment that the CAA’s review into economic regulation will begin in November, but that review must look seriously and fundamentally at how to embed competition and reverse perverse incentives. How do the Secretary of State and the CAA intend to bring competition to the heart of delivering this project?”
“Can the Secretary of State also commit to ensuring that the associated road and rail links not just into London but to the south are included, so that the expansion delivers genuine economic growth and connectivity for the whole of the United Kingdom? The Conservatives would end the constant threat of judicial review and eco-lawfare to ensure that infrastructure across the country could finally be delivered on time, on budget and in Britain’s national interests. It was great to hear the Secretary of State’s words on this from the Dispatch Box, but will those reforms relating to the judiciary come into force before the decisions on Heathrow and the development consent order are made, or will they be subject to the current situation we are facing?”
“Of course, we welcome the reforms that will enable this to happen. Those reforms will not have any teeth, however, unless the Government commit to backing our plan to scrap the Climate Change Act 2008. Otherwise, Heathrow expansion will face judicial review after judicial review, bogging down the process, driving up costs and delivering further delay. Even Labour’s Mayor of London has said that he “wouldn’t hesitate” to launch legal challenges against a third runway. Can the Secretary of State commit to ensuring that her own Labour colleagues—including those she worked for previously—and allies will not be the ones who prevent this important project from ever seeing the light of day?”
“Crucially, how will the Government ensure that the costs are minimised, not maximised? I am sure that, like me, the Secretary of State does not want those costs directly passed on to airlines and then to their passengers in higher fares, because affordability must be at the heart of any credible aviation strategy. Maintaining affordable flights is crucial for passengers, so can she assure the House that the Heathrow expansion will not result in significant pass-through costs, especially with the Government’s rises in air passenger duty, the jobs tax and now real concerns over how business rates will affect the aviation sector? I understand that the Chancellor has claimed a third runway will be operational by 2035—something the Secretary of State has reflected today—and that she wants to see spades in the ground during this Parliament.”
“However, we on these Benches welcome the fact that this statement has finally been brought forward to the House, because both the aviation sector and passengers deserve clarity, as do the local people who will be affected, and we hope that they will see sensible mitigations to these proposals. Can the Secretary of State confirm what assessment the Government have undertaken so far of the total cost of Heathrow expansion, given that one of the central estimates now stands at almost £50 billion, excluding an extra £10 billion for further surface access works? Those figures would quadruple Heathrow’s current asset base, which is already responsible for some of the highest passenger charges in the world. If Britain is to remain competitive on the global stage, those costs must be kept down, not driven up.”
“I am grateful to the Secretary of State for her statement and for advance sight of it. The statement should have been brought to the House months ago. The Secretary of State surely recognises that today marks a delay and an acknowledgment of that, rather than a decisive move forward. The truth is that this whole process has come about the wrong way round. Recent announcements on Gatwick and Heathrow, rather than being any clear plan for the future of British aviation, are not driven by planned and prepared work but by a clear attempt to divert attention from the Government’s growing list of crises, scandals and cover-ups.”
“So I ask the Transport Secretary, will anyone, anywhere in the Labour Government stand up for passengers facing an autumn of discontent?”
“Fundamental to economic growth is a functioning transport system, but faced with tax hikes and inflation-busting fare rises people will find the Secretary of State’s comments difficult to believe—ASLEF strikes on CrossCountry, our capital city hammered with tube strikes and bus drivers striking tomorrow. Next weekend, Manchester will see the biggest strikes in years, followed closely by strikes in Luton, Milton Keynes, Stevenage, Hemel Hempstead, Preston and even, Mr Speaker, Chorley. Sir Sadiq Khan says that strikes in London are nothing to do with him. The Department for Transport, Downing Street and the whole Labour Government say that they are nothing to do with them, despite many of the unions on strike being Labour’s multimillion pound funders.”
“Thank you very much indeed, Mr Speaker. I also thank the Secretary of State for her welcome last night, and welcome the Under-Secretary of State for Transport, the hon. Member for Selby (Keir Mather) to his new role. I associate myself with the comments made by my hon. Friend the Member for Broadland and Fakenham (Jerome Mayhew) regarding the assassination of Charlie Kirk yesterday. He was a champion of freedom of speech and open debate, and I know hon. Friends and Members from across the House all want to see politicians disagreeing well. On the subject of disagreeing well, I will come to my questions.”
“I have obviously followed the Secretary of State’s lead; I believe she had a constituency once upon a time in south London, but now represents Swindon. It is great to have that leadership there. Growth requires investment, which Labour is cutting as it gives billions in no-strings-attached pay rises to train drivers. We have already seen a 50% increase in the bus fare cap, and just last week we saw the draft road programme published, with investment down 13% in real terms on the past five years. Labour is delaying schemes and cancelling vital upgrades like the A303 entirely, with hundreds of millions of pounds wasted. As ever, 90% of journeys take place on roads. Can the Secretary of State name one thing this Government have done for the millions of motorists who drive petrol or diesel cars?”
“When we next have transport questions, the Budget will be just days away, so can the Transport Secretary rule out any of the following—increased duty on fuel or flights, VAT on private hire, increasing the insurance premium tax or raising rail fares above inflation? If she will not, has she at least spoken against any of these measures in Cabinet or to the Chancellor since she took up her role?”
“The Minister should see how committed we were in office, because I gave more than a billion pounds to Manchester for that scheme and for setting it up. Indeed, the National Audit Office recently praised our £2 bus fare scheme, saying it “achieved its aims to make bus journeys more affordable for lower-income households and to increase bus usage.””
“In this week of hugely damaging and disruptive strikes in our nation’s capital—we will see further bus strikes across the country next week—the Government are putting ideology ahead of delivery and siding with the unions over passengers, with a Bill that fails bus users, fails rural communities and fails to guarantee value for taxpayers. That is why we on the Conservative Benches will vote against the Bill tonight, and I urge all hon. Members to do the same.”
“We have called time and again for 18, 19 and 20-year-olds to be allowed to drive buses beyond 50 km a day. Fifteen months ago, the consultation ended. This Government have had 14 months, yet last week, in answer to a written parliamentary question, they said that they are still considering their response to the consultation. It is a straightforward and common-sense change that would help tackle driver shortages, boost businesses and tourism, and get more buses back on our roads. The Prime Minister and his Chancellor have told this House repeatedly that they will pursue growth by any means necessary, yet when an opportunity clearly presents itself, as this has done, they do not seem to want to move at all.”
“To make matters worse, they are undermining the very infrastructure that buses rely on by cutting roads funding in road investment strategy 3 by 13% in real terms and delaying or cancelling critical projects. The Government cannot promise better bus services while cutting the very roads that they and all other users depend on. In tearing up the safeguards around the Secretary of State’s oversight, Ministers are giving councils free rein to set up municipal bus companies without ministerial sign-off or competitive tendering. Let me be absolutely clear: if those companies fail, the responsibility lies squarely with the Secretary of State, with taxpayers left to pick up the Bill. Moreover, the Bill has completely ignored the shortage of bus and coach drivers across our country.”
“It will drown councils in process, drive up costs and threaten rural connectivity while ignoring what passengers really need. Without significant subsidies, councils will naturally prioritise cities and towns over villages, leaving our rural communities even further behind. Just as we have seen in our courts and our prisons, the Government risk creating yet another two-tier system—this time for buses—where city regions are supported and everyone else is simply forgotten. How else to explain forcing operators towards zero emission bus registration without any plans to help make that transition for them? After hammering rural communities with attacks on family farms, the Government will do exactly the same all over again with reduced services because they are not providing extra funding.”
“Indeed, the Bill creates an even more fragmented and inconsistent service across the country. Labour has scrapped a national fare cap and failed to replace it properly, and now it expects local councils to pick up the bill without any extra funding. The last Conservative Government delivered real investment for passengers, backing bus services and improvements in the west midlands, and Greater Manchester with £1 billion. I was there with Mayor Burnham, and anyone would think it was all down to him. I am sure Ministers are finding dealing with Andy as interesting as I did. We also did so in West Yorkshire, delivering bus service improvement plans, and working with local authorities to get real results. The Bill is the opposite of that.”
“What bus passengers really want is reliable, affordable and cheap bus travel on a growing network. That is what was guaranteed under the last Conservative Government’s £2 fare cap. It was a commitment in our manifesto, and one that worked. [ Interruption. ] Opposition Members may jeer, but the National Audit Office said—they might want to listen—in praise of the DFT that the “DFT’s £2 bus fare cap achieved its aims to make bus journeys more affordable for lower-income households and to increase bus usage”. That is a policy abandoned by Labour but stood up for by the Conservatives. This Labour Government scrapped it, and they keep on pretending that a 50% increase to £3 is actually beneficial to taxpayers. There is zero indication of how the Bill will improve passenger numbers or ensure rural coverage.”
“I have no doubt that the Minister will be able to provide ample answers to clarify those points and prevent us from having to divide on these measures.”
“Can the Minister confirm that that consultation has taken place? Finally, while the introduction of the ambulatory references may streamline regulation, the automatic application of future treaty changes always poses potential risks. As the Minister said, international maritime treaties are generally drafted with conventional ships in mind. Our hovercraft sector is somewhat unique, and requirements designed for vessels of that scale may not always be suitable for hovercraft operations. I would therefore be grateful if the Government set out what assessments have been made to ensure that this approach will remain appropriate, and what safeguards exist if future international standards prove ill-suited to the unique character of our hovercraft sector.”
“It is therefore vital that this order does not create hidden costs for operators or passengers. I would be grateful if he confirmed that this is a purely administrative simplification and that there are no plans for fee increases or additional burdens that could risk the future of this unique and iconic part of our transport system. There are already concerns about the cost of crossing the Solent, particularly from residents of the Isle of Wight, who rightly and understandably wish to be sure that this change is purely administrative. I hope that the Government have gone about consultation with industry in the proper manner and engaged with Hovertravel—I am sure they have. I also hope that a genuine assessment has been made of any potential disproportionate impact that this instrument may have on this small but vital sector.”
“It is a pleasure to serve under your chairmanship, Mrs Hobhouse. I rise to speak to the statutory instrument before us, which concerns hovercraft and the invaluable role they play in supporting the local economy, particularly on the Isle of Wight, and our wider transport network. We welcome the Government’s step to modernise outdated references and ensure that hovercraft fall under the same rules as other vessels on safety, accident investigations and pollution prevention. Simplifying the legislative structure under which hovercraft operate seems to be the right way to go. The Opposition have no objection to these measures in principle, but we have some small questions for the Minister. As he said, the UK hovercraft sector is small, with a single significant operator.”
“People across Basildon and Billericay, and indeed across the country, want to see more jobs in energy production and to see cheaper energy. What they do not understand is why the Government are backing some but not all forms of energy. Why are the Government insisting on shipping jobs in oil and gas abroad, rather than keeping them here while investing in green energy at the same time?”
“The shadow Chancellor is making an excellent speech. Does he agree that the danger is that if Governments do not have a prudent financial position, they end up in the situation that we are now seeing, with the interest on Government debt going up and up? We are now paying around £10 billion a year more than we were at the time of the general election.”
“Labour Members pretend that 2010 was year zero. In truth, in 2010 there was an annual deficit of 10% of GDP in Government spending, which meant that the Government were borrowing £1 for every £4 they were spending. Does the hon. Member not acknowledge, or understand, that that was a far worse economic inheritance than any Government have been offered since the second world war?”
“It is happening in every constituency up and down the country, and that is the real cost of this Government’s choice. The national insurance tax rise means less money for schools and teachers, for hospices and their staff, and for the healthcare workers who were applauded during covid—those operating in the most difficult circumstances. It is a fundamental disgrace that the Labour Government, who are always so keen to paint themselves as the kinder, more cuddly, and more friendly party, have made the catastrophic choice to balance the books and fix their failures on the back of essential workers and volunteers. The Government are raising taxes on hospices, which they are supposed to stand up for.”
“That brings me to the people who will feel the impact most acutely. During the pandemic, we celebrated key workers—the care home workers, teachers and hospice workers who went out every day in horrendous conditions to do their job in a spirit of service. What kind of Labour Government would willingly choose to punish those who represent the heartbeat of the nation? Only recently, I heard from a woman in my constituency who runs a small childcare business, which she kept going during the pandemic. She wrote to tell me that because of the tax rise, she has had to cut back her assistants’ hours and turn away parents. On the one side, the Government pretend that wages are increasing, but on the other, employers are being forced to cut hours, so people are no better off.”
“The people hit hardest by the tax rises are those starting out in their first job, who will be hit by the thresholds, and part-time workers—often women—trying to get back into the labour market. It is among those groups that we see the highest rises in unemployment since the Budget. It is because of the Government’s choice to raise taxes that businesses are cutting back on hiring staff. They are also making staff redundant, shelving expansion plans and closing their doors. I see that in my constituency, where unemployment is up by about a sixth in the 12 months since the general election. It is also because of that choice that inflation is up and growth is down, and because of choices made by the Labour party that this country will continue to miss out on investment opportunities and economic security.”
“For all the Government’s talk of fixing the foundations, I have been pained to watch the suffering, distress and anxiety that they have wilfully chosen to inflict on the British people. They have hammered the small businesses on which people rely for their jobs, through changes to business property relief, agricultural property relief, VAT and dual cab taxes, and through the business rate rises and the national insurance tax rise. I cannot think of a policy as woefully constructed and as disastrously executed as the national insurance tax rise. This Government claim to have been elected on a platform of promoting growth, but they are choosing to boost growth by blowing up businesses. That is so inexplicable that it calls into question the Government’s ability to govern.”
“The damage that this Labour Government have dealt to our economy is a real kick in the teeth for all those who voted for them last year—and for those who did not vote for them, but who wished them well and believed their words at the general election. Time and again, my right hon. Friend the Member for Richmond and Northallerton (Rishi Sunak), and many others on this side of the House, warned that the new Labour Government’s priorities and promises on tax were not to be trusted, and that members of the public should take their words with a bucket of salt. The Labour party cried foul, diving to the ground like a premiership footballer screaming blue murder, but what has come to pass is far worse than many on this side of the House imagined it would be.”