← LEADERSHIP TERMINAL

UK PARLIAMENT · SITTING

Callum Anderson

MP for Buckingham and Bletchley · Labour · United Kingdom

IN THEIR OWN WORDS

“When it comes to helping people start a business, raising the trading allowance from £1,000 to £3,000 is a strong signal that people—young people in particular—can realise their dreams here in the United Kingdom. We have known for a long time that scaling businesses is where Britain could do much more and needs to go further quickly.”

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“Secondly, it provides families, households and businesses in the towns, villages and cities that make up the Buckingham and Bletchley constituency with genuine breathing space as they manage ongoing cost of living pressures.”

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“Friend the Chancellor sought to do, which is to back those “bloody-minded entrepreneurs”. It is not just me saying that; business groups such as Startup Coalition and UK Private Capital are, too.”

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“I am very happy to contribute to this debate, and it is a pleasure in particular to follow my hon. Friends the Members for Brentford and Isleworth (Ruth Cadbury), for Blackpool South (Chris Webb) and for Mitcham and Morden (Dame Siobhain McDonagh). I welcome this Budget for three reasons.”

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“That is why the founders’ relief is so welcome. I know that many business groups have been arguing and advocating for it across Government and Westminster for some time. We are giving entrepreneurs greater confidence that they can build and scale here and that they will be rewarded.”

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“That will give us flexibility to let people keep more of what they earn and invest in the things that are particularly important to us, be they our national security, our schools or our police. The Budget is a very welcome step in the right direction.”

House of Commons29 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗

The complete record

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This is not an official version of UK Parliament proceedings. It reproduces the published record and links to it; the official version is the one UK Parliament publishes.

  1. “That will give us flexibility to let people keep more of what they earn and invest in the things that are particularly important to us, be they our national security, our schools or our police. The Budget is a very welcome step in the right direction. There is much more to do, and I look forward to the 10-year plan and the spending review in the long run. I welcome this Budget.”

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  2. “That is why the founders’ relief is so welcome. I know that many business groups have been arguing and advocating for it across Government and Westminster for some time. We are giving entrepreneurs greater confidence that they can build and scale here and that they will be rewarded. Just as importantly, the relief will strengthen their ability to reinvest their wealth and reuse their expertise and experience in more ventures into the future. Growth and wealth creation, and fiscal responsibility, are intrinsically linked. Growth is the ultimate stabiliser of the public finances through stronger receipts that will help to reduce the budget deficit and reduce our borrowing costs in the long run.”

    House of Commons29 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗

  3. “When it comes to helping people start a business, raising the trading allowance from £1,000 to £3,000 is a strong signal that people—young people in particular—can realise their dreams here in the United Kingdom. We have known for a long time that scaling businesses is where Britain could do much more and needs to go further quickly. Expanding the capacity of the British Business Bank and the National Wealth Fund, including by deploying £5 billion over the next four years in defence, recognises the role that public capital has to play in acting as a cornerstone investor alongside our deep pools of private capital—all £3 trillion of that. With all the blood, sweat and tears that go into building a business, we need to give founders a genuine, compelling reason beyond patriotism alone to remain anchored here and to stay here.”

    House of Commons29 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗

  4. “Friend the Chancellor sought to do, which is to back those “bloody-minded entrepreneurs”. It is not just me saying that; business groups such as Startup Coalition and UK Private Capital are, too. Fiscal responsibility enables Governments to help the people building Britain’s next generation of national champions and globally consequential companies. Be those in artificial intelligence, defence, clean energy, life sciences or advanced manufacturing, they are driving economic growth, job and wealth creation, and are ultimately underpinning the sovereign capabilities of the UK. Growth in every postcode is absolutely the right objective, and that means we need entrepreneurs in every postcode. Today is undoubtedly a better day and a better Britain in which to build a company than yesterday was.”

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  5. “Secondly, it provides families, households and businesses in the towns, villages and cities that make up the Buckingham and Bletchley constituency with genuine breathing space as they manage ongoing cost of living pressures. Thirty-four thousand households in council tax bands A to D will receive a £100 household energy payment and even more will feel the extension of the electricity VAT cut. Businesses on Queensway in Bletchley and on the high streets of Buckingham and Winslow will gain from the higher small business rate relief threshold rise. Agricultural businesses in north Buckinghamshire will benefit from the extended red diesel duty cut. However, while fiscal responsibility is an absolute imperative, it should never be an end of itself. The third reason I welcome the Budget is that it does what my right hon.”

    House of Commons29 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗

  6. “I am very happy to contribute to this debate, and it is a pleasure in particular to follow my hon. Friends the Members for Brentford and Isleworth (Ruth Cadbury), for Blackpool South (Chris Webb) and for Mitcham and Morden (Dame Siobhain McDonagh). I welcome this Budget for three reasons. First, it maintains the fiscal discipline that is a strategic imperative, and I think the fact that sterling, the FTSE indexes, and 10 and 30-year gilt yields have remained stable over the last 24 hours is a signifier of that. Given the risks that the UK economy faces—be it barriers to trade, the imposition of tariffs, volatile and rising energy costs, or higher Government borrowing costs everywhere—it is really important that this Budget remains within the fiscal rules.”

    House of Commons29 October 2026Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗

  7. “Farmers across north Buckinghamshire tell me that rising input costs and global pressures on grain prices are eroding their profit margins and their ability to produce food, so they welcome the Government’s food road map. Will my right hon. Friend explain how she is working with farmers to boost profitability, and might she consider a trip to north Buckinghamshire to hear from my farmers directly?”

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  8. “T7. This summer, the Bletchley investment taskforce, which I established last year, finalised its investment prospectus, setting out all the opportunities that our town offers. Will the Minister meet me and the taskforce to discuss how we can work together to attract the new businesses and jobs that will ensure that we deliver growth in our postcode?”

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  9. “Over the conference recess, I had the pleasure of joining pupils, staff, and parents at Buckingham primary school to celebrate its platinum award for outdoor play and learning, which is so crucial to helping children foster a sense of creativity, independence and confidence. Will the Leader of the House join me in congratulating the school on its achievement? Will he consider granting a debate in Government time on the importance of outdoor play for children’s health and wellbeing?”

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  10. “Court backlogs in the south-east have trebled over the last decade, placing extreme pressure on our criminal justice system. A new justice quarter in Milton Keynes could provide extra capacity that would deliver faster access to justice for my constituents in the Buckingham and Bletchley constituency and a modern justice hub in one of the fastest-growing cities in the UK. Will my right hon. Friend grant me a meeting, alongside my Milton Keynes colleagues, to discuss how we can take that proposition forward?”

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  11. “Farmers in north Buckinghamshire have raised queries with me regarding the transition from environmental land management agreements that expired this year to the funding available through the much-welcomed sustainable farming incentive 2026. Will the Secretary of State set out how the Government are supporting farmers through the transition, so that there are no unintended funding gaps for those who want to deliver positive environmental outcomes?”

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  12. “Small and medium-sized enterprises are often best placed to kick-start a young person’s career, but when I met a group of small business owners at the Crown pub in Granborough, many told me that the up-front costs of training and supervision often act as a barrier to taking on young people. Will the Secretary of State update the House on what support the Government are providing to incentivise small and microbusinesses in helping to give opportunities to young people?”

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  13. “This weekend, more than half a million people from around the world will descend on the Silverstone circuit—half of which is located in the Buckingham and Bletchley constituency—hopefully to see another British win at the British grand prix. The race will also allow Buckinghamshire to showcase its status as a hub for high-performance engineering in which more than 8,000 people are employed by 1,700 businesses. Will the Leader of the House join me in wishing British racers the best of luck this weekend, and might he find time for a debate on the contribution of Formula 1 and motorsport to the UK economy?”

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  14. “Buckinghamshire farmers are hugely exposed to the global volatility in the fertiliser market, and many farmers in my constituency have faced increased costs of over 14%. Will the Minister update the House on what other efforts the Government will make to support the supply chains for farmers in Buckinghamshire so that they can be competitive and sustain domestic food production?”

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  15. “The success of the King’s Speech in the coming months will depend on whether we match it with the ambition of local companies, such as the ones in my constituency. I look forward to playing my part in ensuring that those measures are implemented as soon as possible.”

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  16. “As many Members debated in the last parliamentary session, it is now important that the Government focus on implementing the Pension Schemes Act 2026. I also welcome the small business protections Bill. Late payments and non-payments continue to damage firms of all types and sizes across the country, including in Buckingham and Bletchley, particularly those operating within tight margins. The stronger protections in the Bill for smaller companies will help local firms across my constituency. I will not be as effusive about the European partnership Bill as some other Members who have spoken, but I believe it is in the national interest to take the required measures to reduce unnecessary friction for exporters and businesses trading with our European neighbours, regardless of whether they are farmers or other high-growth companies.”

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  17. “I congratulate the Chief Secretary to the Treasury, my hon. and learned Friend the Member for Northampton North (Lucy Rigby), for all the work she did to lay the foundations of that Bill. Financial services are one of Britain’s great strengths, providing the investment that drives growth across all sectors of our economy. That is particularly relevant to Milton Keynes, as it is home to a growing suite of financial and professional services firms such as Santander and Allica Bank, both of which employ people in my constituency. A globally competitive financial services sector is imperative in enabling high-growth companies in my constituency to access the capital that they need to innovate and create jobs. However, we also need to mobilise more British capital towards British assets, particularly high-growth companies.”

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  18. “There are also parts of my constituency that are home to a number of rural enterprises, family farms and small independent businesses, which are all contributing to local growth and prosperity. Those businesses are asking not for special favours but for the right conditions to grow: access to capital and talent, fair regulations, and lower barriers to trade. That is why I welcome a number of the measures in the King’s Speech. The regulating for growth Bill is particularly welcome because over the last 25 years Britain has become a country, as Members across the House have mentioned, where the regulation system is too slow, too fragmented, and poorly suited to confront the pace of modern technological change. Other Members have also mentioned the enhancing financial services Bill and the wider Leeds reforms that will come with it.”

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  19. “In addition to the measures that the Government introduced in the first parliamentary session, I established the Bletchley investment taskforce, bringing together local leaders, employers and investors, as a vehicle to attract the businesses, investment, jobs and apprenticeships that communities in my constituency need. In the coming weeks we will publish our first investment prospectus for Bletchley, and I am grateful to colleagues from across Government who have been supporting our work. In Bletchley, firms such as Pulsar Fusion and Carnot Engines are developing innovative technologies that are global leaders. On the other side of my constituency, the advanced engineering cluster surrounding Silverstone is home to a number of world-leading Formula 1 teams, again showing that when Britain invests in its people we can be global leaders.”

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  20. “The urgent need for, and the strategic imperative of, economic growth matters nowhere more than in Buckingham and Bletchley. My constituency lies at the heart—the engine room—of the Oxford-Cambridge growth corridor. If we get economic growth right, it will enable us to support high-growth businesses across my constituency and beyond, strengthening the local economies of Buckinghamshire and Milton Keyes and enabling the UK to develop a strategically important economic region. It will build a globally competitive, modern British economy, with higher wages and more opportunities for the families and communities I represent in Parliament.”

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  21. “Around half of working-age people are under-saving for retirement, which is why I welcomed the relaunch of the Pensions Commission last year. Can the Minister update the House on how the commission’s forthcoming interim report will set out a credible path to raising contribution rates, in a sustainable way, for those who need that most?”

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  22. “T3. The UK rightly committed 1.5% of GDP to boosting our national resilience, along with our NATO partners. Ahead of the next NATO summit in Ankara in July, can the Minister confirm whether the Government will publish a departmental breakdown of how the UK will meet its commitments?”

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  23. “T7. Residents across Winslow and Bletchley are increasingly frustrated at the lack of East West Rail passenger services. Can the Secretary of State update the House on what discussions the Government are having with rail partners to resolve the outstanding issues, and on when my constituents will get a clear timetable for when they can use that vital rail link?”

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  24. “I thank the Minister for providing an update. Many families across the country will be incredibly anxious about this news. Can he tell us a bit more about how he will hold the new executive and non-executive teams to account, to ensure that lessons are learned and there are no more systems failures in the future? Beyond the two Select Committees he mentioned, how will he keep the House up to date?”

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  25. “T7. I recently visited the Gawcott Fields Community Solar project, which is a local solar farm that uses the income from the clean energy it produces to invest in energy saving and environmental projects, and it is anticipated that it will invest £2.8 million over 25 years. Can the Minister update the House on how the Government will use the local power plan to ensure that even more of my communities—particularly rural and low-income ones—can take control of their own energy?”

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  26. “I was pleased to welcome my right hon. Friend to Adstockfields, a great small family farm in the Buckingham and Bletchley constituency, for a rural summit. As she knows, the SFI came up frequently. Can she set out for the House the steps that she has taken to ensure that farmers with SFI 2023 and countryside stewardship mid-tier agreements that are expiring this year can move on to SFI 2026 agreements, without losing any support?”

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  27. “As the Minister says, I launched the Bletchley investment taskforce last year to attract the businesses, investments, jobs and apprenticeships that local people need, and we are developing an investment prospectus to deliver that end. Will the Minister meet me and taskforce members to ensure that the Government are working hand in hand with local partners?”

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  28. “The OECD and the International Monetary Fund have both recognised the importance of the Government’s fiscal discipline, which is important given the increasingly volatile global economic environment. Will the Chancellor set out more actions that she has taken with others across Government to control public spending, so that the Government can prioritise the long-term investments that boost our global competitiveness and dynamism, and fulfil our defence spending requirements?”

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  29. “I have a constituent who is awaiting a root canal and crown treatment to save her tooth. She has been quoted £400 for NHS treatment with a 60% chance of success, and £1,300 for private healthcare with a 90% success rate. Hopefully the Minister agrees that this mismatch risks undermining confidence in NHS dentistry. What steps is he taking to reform the NHS dental contract, so that constituents like mine can receive timely and high-quality care that is within financial reach?”

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  30. “Earlier this month, the House of Lords Financial Services Regulation Committee published a report on private markets, highlighting the potential risks to economic stability, and the Bank of England has also undertaken a stress test of the ecosystem. What actions is the Minister considering taking with regulators to strengthen transparency and oversight of private markets, so that we can mitigate any systemic risks?”

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  31. “My right hon. Friend will know that the UK and EU financial systems are closely linked by cross-border capital flows that support jobs on both sides of the channel. Regulatory co-operation is beneficial for financial stability, but our ability to diverge from some of those regulations can also support our competitiveness. Will the Minister set out a bit more about how he is working with the Treasury to ensure that the UK’s engagement with the EU on financial issues balances our strategic sovereignty and autonomy with our economic prosperity?”

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  32. “I thank the Secretary of State for his statement. I particularly welcome the new requirements placed on private landlords, which will be a huge boost to tenants in the Buckingham and Bletchley constituency. My question concerns rural communities, which often face high energy costs and other practical barriers, such as the limited availability of those who install things like heat pumps. Can he set out in a bit more detail how his Department will work with relevant local authorities and suppliers to ensure that rural communities, such as those in north Buckinghamshire, are not left behind?”

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  33. “I thank the Foreign Secretary for her statement yesterday. I welcome the renewed recognition of the Arctic’s strategic importance to Europe’s collective security, and of the need for NATO to develop a more credible deterrence posture. Will she provide a further update to the House on how the Government are using their diplomatic influence in NATO to drive a more coherent, long-term strategy for Arctic security, rather than relying on individual national responses?”

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  34. “Thirdly, it would create the proper gateway that Bletchley deserves: a modern, welcoming arrival point, especially for those visiting Bletchley Park and the National Museum of Computing, which is just a few moments away and acknowledges Bletchley’s pride in its past, while reflecting its renewed ambition for the future.”

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  35. “It would make the town work better for residents and commuters alike by shortening walking distances, improving accessibility and encouraging greater use of public transport. Secondly, it would enable Bletchley to unlock early stage investment in our town centre, particularly in the Brunel Centre, but also in the old fire station site and other pieces of residential and industrial land located near the station, that otherwise may stall, as well as other forms of private and public investment that are key to Bletchley’s future.”

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  36. “Reaching the town centre requires them to navigate an indirect, unwelcoming route, through an underpass, across a roundabout—we are in Milton Keynes—and along narrow walkways. It is cumbersome, inaccessible for many, particularly those with disabilities, and simply unfit for a growing transportation hub of national significance. What should be a gateway instead acts as a barrier. That is why an eastern entrance is so important. This is not just a cosmetic change; it is a practical shift rooted in connectivity, regeneration and identity. A new eastern entrance facing the town would deliver, I believe, three clear benefits. First, it would reconnect the station with the town centre, linking directly to the high street and our bus station, increasing footfall and supporting local businesses.”

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  37. “Indeed, some have already seen that potential—Starship Technologies, Envisics, Carnot Engines and Pulsar Fusion are just four of the high-growth innovative firms that call Bletchley home. I want our town to be home to much more than that, which is why I launched our Bletchley investment taskforce last April to begin the process of attracting new investment, new businesses, and new jobs and apprenticeships from which local people can benefit. Yet to unlock that potential in full, we must start with how people arrive in our town. The current station at Bletchley literally turns its back on the town’s centre. Passengers exit to the west, into a car park, with no sightline to Queensway or the town centre.”

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  38. “That is not because of a lack of ambition or resilience. Walk through any Bletchley neighbourhood—be it the Lakes estate, Newton Leys, Eaton Leys, Fenny Stratford or the Links estate—and you will find that our town is home to strong and hard-working communities. For too long, however, too many high quality and skilled jobs have clustered elsewhere. That is not to diminish the importance of Bletchley’s core economic sectors, from logistics to retail and manufacturing, which employ many local residents and play a vital role in keeping our town and city running; rather, it is to recognise that they represent only part of Bletchley’s potential. In technology, artificial intelligence and space-related industries, Bletchley has the potential to align directly with this Government’s industrial strategy and growth mission.”

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  39. “The Minister and his officials have taken the time to listen to us carefully, examine the evidence and understand the significance of this project, not just for Bletchley, but for Milton Keynes more widely. I know that the Department shares the belief that transport investment must go hand in hand with the revitalisation of our communities. Bletchley is an incredibly proud town. From the wartime codebreakers at Bletchley Park to its foundational role in building the new town—now the modern city—of Milton Keynes, it has played an extraordinary and pivotal part in our national story. Yet while Milton Keynes has become one of the UK’s most dynamic economies, Bletchley has not always shared fully in that success. As the city has expanded northwards, the town to its south, which helped to build it, has too often been left behind.”

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  40. “Good things come to those who wait, Madam Deputy Speaker. Despite the late hour, I am grateful for the opportunity to champion an issue of strategic importance to Bletchley—namely, the case for a new eastern entrance to our railway station to create a direct and welcoming connection to our town centre, for which local people have waited far too long. This is about more than bricks and mortar. We need to strengthen our transport infrastructure and give Bletchley a modern shop window through which we can welcome visitors, businesses, investors and, ultimately, opportunities from across the UK and beyond. I thank the Minister, my right hon. Friend the Secretary of State for Transport and Lord Hendy—the Rail Minister in the other place, whom I met this afternoon—for their constructive engagement on this matter over the past six months.”

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  41. “My hon. Friend is absolutely right: the Oxford-Cambridge growth corridor is a critical part of the Government’s growth mission, and key to the UK’s long-term economic competitiveness. I know he will agree that if we are to realise the full potential of that growth corridor, we have genuinely to invest and promote the core and centre that is the engine of the Oxford-Cambridge corridor. That is not just Bletchley and Milton Keynes, but Northampton too. The case for the eastern entrance is backed by evidence, and I place on record my thanks to the East West Rail team who have completed an incredibly thorough and professional strategic outline business case. It demonstrates high value for money, improved passenger experience, unlocked development potential and support for wider place-based investment, which I referred to a few moments ago.”

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  42. “The business case prepared by East West Rail confirms that it would cut the distance for visitors and commuters between the station and the high street by more than 600 metres, making a meaningful difference for thousands of daily passengers and easing pressure on existing station infrastructure. The time to act is now. Passenger numbers are set to rise incredibly sharply with the arrival of East West Rail, which will place Bletchley and Milton Keynes at the intersection of the Oxford-Cambridge line and the west coast main line. If we add the proposed and very exciting Universal Studios theme park development, the future demand is clear.”

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  43. “My hon. Friend is absolutely right. I know that she served for many years with distinction as a councillor and an elected representative for Bletchley on Milton Keynes city council, and she also served as deputy leader of the city council. She and I, and our hon. Friend the Member for Milton Keynes North (Chris Curtis), have been uncovering broken promise after broken promise in every corner of our city. This is just one example; the three of us have also fought for funding for a new hospital in Milton Keynes, again demonstrating the neglect of our city by the last Conservative Government and our predecessors.”

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  44. “We just need Government to partner with us and help to build an eastern entrance that will ensure our railway station faces the town, just as its people face the future with confidence.”

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  45. “This is a once-in-a-generation opportunity, and if we seize it, Bletchley will become a true gateway—not just for the town itself, but for the whole city of Milton Keynes. We do not want to let this opportunity for growth pass us by yet again. I urge the Minister to work with me, our community, and our local political and civic leaders to secure the public investment needed to take this project forward. I would be most grateful for his help in brokering discussions with those across Government and the relevant agencies and boards who will take the final financial decisions, so that we can move this project to its next stage together. A modest commitment now will deliver benefits for decades. Bletchley is ready, our people are ready, and our plans are ready and in place.”

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  46. “Friend the Member for Milton Keynes Central (Emily Darlington), who was serving at the time—real progress is already under way. From public realm improvements and business support to upgrades to routes on Saxon Street, we are already transforming the area and building the momentum we need. Put simply, the eastern entrance is the missing piece that will unlock a revitalised town centre, new homes, better roads and improved public spaces. I have already thanked the team at East West Rail, but I want to place on record my thanks to the city council, to the whole town deal board, and to serving and former councillors, as well as council officers, for all the work that they have done over the past few years to help us to build a credible, ambitious plan, which now has comprehensive and unanimous local backing. The case is clear.”

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  47. “My hon. Friend is an extremely diligent and dogged campaigner both inside and outside Parliament, and he is absolutely right. Towns such as Newcastle-under-Lyme and Bletchley benefit from being located near to significant cities such as Stoke-on-Trent and Milton Keynes. It is also really important that they are connected to us, so that we can unlock the full economic opportunities and connections to which he refers. A new eastern entrance at Bletchley station is also critical to unlocking the wider economic regeneration ambitions for Bletchley and Milton Keynes more broadly. Through the Bletchley and Fenny Stratford town deal, which was secured by our Labour-run Milton Keynes city council with the support of local councillors—including my hon.”

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  48. “As we rededicate ourselves to growth in this parliamentary Session and in future parliamentary Sessions, we would do well to ensure that simplification and fairness anchor our growth agenda.”

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  49. “I am pleased that this Bill strengthens the UK’s ability to compete globally, to support its entrepreneurs and to make sure that the UK is the best possible place to scale a company. I will close my remarks by mentioning what I hope will be given consideration in a finance Bill in future parliamentary Sessions: the Government may wish to dedicate themselves to pro-growth and pro-enterprise tax reform. The previous Government, and indeed many Governments of different political orientations, have increased the length of the tax code, increased the number of cliff edges, complicated the tax base and, frankly, fundamentally failed to close or tackle various loopholes.”

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  50. “The reforms will enable earlier capital raising and faster, more efficient scaling, and make it far more likely that more companies will become national champions and companies of global consequence that are anchored here in the UK. The final clause that I particularly welcome is clause 82, on the new UK listing relief, which removes the 0.5% stamp duty reserve tax on transfers for newly listed companies. This measure has been called for by UK financial services, and also by a wide range of sectors that are included in the industrial strategy, for a significant period of time. I believe that the clause will boost liquidity, incentivise more investors of all types—be they institutional or retail—to buy British, and entice more domestic companies to follow in the footsteps of Magnum, Shawbrook and the Beauty Tech Group by listing in London.”

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