EconomySpeeches

Mary Kelly Foy – 2023 Speech on the Budget

The speech made by Mary Kelly Foy, the Labour MP for the City of Durham, in the House of Commons on 16 March 2023.

I congratulate my hon. Friend the Member for West Lancashire (Ashley Dalton) on her wonderful and passionate maiden speech, and welcome her to her place.

The Budget does not even come close to resolving the cost of living crisis faced by so many of my constituents right now. The Chancellor said that Britain will not enter a “technical recession” this year; that is of little comfort to my constituents. For more than 12 years, people in Durham and the north-east have suffered thanks to the austerity politics of the Conservative party. Child poverty is sky high in Durham, food bank use has rocketed, and people across the country face record-breaking waiting times for NHS services.

Not just in my constituency or the north-east but for working-class people across our country, incomes are down, housing costs are up and public services have been trashed. What was the Chancellor’s response to this malaise? “Back to work.” He may as well have said, “On your bike.” There is nothing to sort out the cost of living crisis, nothing to sort out the housing crisis and nothing to sort out the crisis in our public services.

We needed a people’s Budget; instead, we got a bankers’ Budget. We needed to see a pay rise for our workers, who have been forced to strike because of poverty pay, but we did not get one. We needed to see a long-term commitment on the energy price cap, but we did not get one. It is yet another Budget in which the Conservative party has not prioritised working people. In fact, our country is in the midst of the longest pay squeeze for more than 200 years—not that our multi- millionaire Chancellor and Prime Minister would know.

Now, the Chancellor wants to force disabled people back to work with an even stricter sanctions regime. Sanctions are ineffective and harmful and have led to deaths. If only the Government went after the tax evaders who owe us billions with the same obsession.

If the Government had wanted to encourage people back to work, and to stay in work, they could have increased the minimum wage, scrapped fire and rehire and taxed the rich—the sort of policies that would give people dignity in work and get our country out of the rut that the Conservative party has created; the policies that Labour will implement once we are in government. Instead, the Chancellor has given £9 billion in tax cuts to corporations and at least £2 billion in tax cuts for the pensions of the highest earners.

Even the Government’s flagship childcare policy will require working parents to wait for more than two years to see it rolled out. As my hon. Friend the Member for Houghton and Sunderland South (Bridget Phillipson) has pointed out, the cost of childcare does not end when children go to school. Where is the funding for universal breakfast clubs? Where was the announcement for a real green industrial strategy? Where was the funding for our NHS—both for its workforce and for patients? Without proper investment, staff will continue to leave the NHS and health inequalities will worsen.

This has been a dark week in our politics. On Monday, we debated the immoral Illegal Migration Bill—or the anti-refugee Bill, as it should be called. The Bill scapegoats refugees—people fleeing from climate change and from war. Now we have a Budget that fails to resolve the real issues that working people in our country face. Whether it is at home or abroad, the Conservative party does not care for working people or the most vulnerable people. The nasty party is well and truly back, with its divide-and-rule politics.