argyrotsipi/train-dataset huggingface dataset:
Budget Resolutions — House of Commons, 2017-11-28
Topic: Macroeconomics
Rebecca Long-Bailey (Labour, Centre-left): I thank my hon. Friend for her comments. The Government’s proposals on unlocking access to finance for business lack ambition and fail to recognise the impediments many businesses face when attempting to access finance. Indeed, Craig Berry, a member of the Industrial Strategy Commission, has said: "the plan for unlocking private investment is under-cooked and, frankly, pitiful." Furthermore, the proposed sector deals appear very narrow and the strategy as a whole will do nothing to help the millions who work in retail, hospitality, care and other large low-wage, low-productivity sectors. A large proportion of those people are women, but, as we know, the Government do not have the best record when it comes to supporting women in the economy. [Interruption.] If I were a Conservative Member, I would listen to this, because these are the stark statistics: men are expected to receive 46% more of the funding from this Budget than women; and the Budget made no impact on the shocking fact that 86% of tax and benefit changes since 2010 have come at the expense of women, according to Labour and House of Commons Library research. That is scandalous.
Budget Resolutions — House of Commons, 2017-11-28
Topic: Macroeconomics
Ruth Stephanie Nicole George (Labour, Centre-left): In spite of what the right hon. and learned Gentleman just said, I wonder whether he agrees with the organisation Full Fact, which says that for most of Labour’s last term in office public sector national debt was down and that it was 36% in 2008-09. Yes, it then went up to 65% in 2009-10, but that was as a result of the global economic crash and the subsequent recession, which happened globally.
Budget Resolutions — House of Commons, 2017-11-28
Topic: Macroeconomics
Lucy Maria Powell (Labour, Centre-left): It is a pleasure to follow the hon. Member for Mid Norfolk (George Freeman). Perhaps he could take the Prime Minister to the public sector leadership academy now that he has a bit of time on his hands The key issue of the Budget is productivity, but that is nothing new at all. The productivity gap is now widening. An average worker in Germany produces the same output in four days as we produce in five. The issue is not how we can stretch those who are operating at the high end, although that is a good thing, but that we have an extremely long tail of low skills, with too many people working below their potential and, often, their skill set. That is set to get even worse with automation, with many more millions of low-skilled workers chasing fewer and fewer jobs. There is very little in the Budget to address this issue, which really does need to be the key driver of Government policy.
Budget Resolutions — House of Commons, 2017-11-28
Topic: Education
Lucy Maria Powell (Labour, Centre-left): I will come back to those issues later in my speech. There are some advances, but they are not backed by resources. We have seen huge cuts in post-16 education over the past seven years, which has meant that the gap has widened further and further. As the Social Mobility Commission again stated today, we do know how to pull up this long tail because we are doing so in London. It requires a pool of talented teachers, resources, and a clear local and national strategy. There was nothing in the Budget on the key issue of teacher retention and recruitment, which is now reaching a crisis point, and nothing on teacher pay or teacher workload. I could not believe it, but nothing was said on school budgets.
Budget Resolutions — House of Commons, 2017-11-28
Topic: Macroeconomics
Patrick Bosco McFadden (Labour, Centre-left): It is a pleasure to follow the hon. Member for Chichester (Gillian Keegan). We began the debate talking about industrial strategy. I approve of the Government’s industrial strategy. The reason I like it so much is that I launched it eight years ago, and it is nice to see the Government picking up on some of our ideas. However, the big story in this Budget is the downgrade in our growth prospects—the biggest downgrade since the financial crisis and in the history of the OBR. It was described by the Resolution Foundation as "the mother of all downgrades" The prediction is that the economy will, in a few years’ time, be 2%—or in financial terms, £42 billion—smaller than was thought only last year. That means borrowing £13 billion more in a few years, and £17 billion a year after that. It means austerity going on into the mid-2020s. For our constituents, it means lower than expected pay. Average income is expected to fall by £1,400 to £1,500 a year. Those are the real effects of the mother of all downgrades There is one area where the Government are setting aside huge sums of money, and that of course is Brexit—there is £3 billion for it in the Budget, on top of the £700 million already announced—and we are told that the Cabinet has agreed to pay a £40 billion divorce bill. In a few short weeks, we have gone from "go whistle", to £20 billion in the Florence speech, to £40 billion now. There is a lot that we could do with £40 billion. We could build more than 70 new hospitals, or over 1,100 new schools. It is more than the total housing and environment budget. It is more than the total public order and safety budget In my constituency, the West Midlands police have lost 2,000 officers and £145 million from their budget in the last seven years. They could do with some of the £40 billion that will be spent on Brexit. We have almost 10,000 people on the local housing waiting list. I see these people in my constituency surgery, desperate for a home. They could do with some of the £40 billion set aside to pay for Brexit. The social mobility study out today describes the midlands as a coldspot where social mobility suffers. Nursery schools in my constituency facing cuts could do with some of the £40 billion set aside for Brexit There might be an argument for some of that expenditure if it was going to buy us a better deal, but the Government have said that they want to secure exactly the same benefits for goods and services as the ones we have now, not by staying in the single market and the customs union but by leaving them. Countries normally pay for access to the single market, but we have chosen to pay to leave it. The Government are not investing £40 billion in getting us a better deal than the one we currently enjoy; they are prepared to spend £40 billion, which could go towards public services in our constituencies, on a worse deal. That was not an inevitable result of the referendum. The Government could have chosen to stay in the single market and the customs union, but they did not, and that is a bad deal for Britain.
Budget Resolutions — House of Commons, 2017-11-28
Topic: Macroeconomics
Marsha Chantol De Cordova (Labour, Centre-left): Although expectations had been managed, many of us thought that the Chancellor’s Budget would mark a change in direction, given the overwhelming evidence that seven years of austerity have damaged our economy, lost a decade of growth and caused unnecessary harm and hardship to so many people. Instead, the Government have decided to tinker here and there, producing a Budget that lacks the vision and investment that are necessary to breathe new life into our economy. Productivity and growth have been downgraded, which means that people whose wages have stagnated for a decade are now set to lose out and to be £900 a year worse off. We have some of the lowest wages in Europe, along with higher levels of debt. We have a Government who use the deficit, rather than productivity, growth and living standards, as a marker for economic success It is remarkable that on so many of the key issues that my constituents raise with me, the Chancellor misses the mark, or simply does not even give them a mention. For instance, he had a real opportunity to tackle the seriousness of the housing crisis, yet the Government’s flagship policy is designed to increase demand. As the OBR says, the main gainers from the ending of stamp duty will be people who already own properties, not first-time buyers. The policy will also increase house prices. All that shows is just how ideologically driven the Government are Another glaring omission is social care, which is one of the biggest economic and social challenges that we face in the UK. The OBR has made it clear that local authorities are on their last legs, and that those with social care responsibilities have dwindling reserves. This "head in the sand" position has implications for the Government’s broader fiscal objectives. It is time for them to address the social care crisis and to build a social care system that is fit for disabled and older people—a system that is fit for purpose The Government also need to address the public sector pay cap. On Tuesday 10 October, I asked the Secretary of State for Health when he would scrap the pay cap. His response was "the pay cap has been scrapped."—[Official Report, 10 October 2017; Vol. 629, c. 154.] I ask again: when will the Government take action and lift the public sector pay cap I could not complete my speech without touching on universal credit. While the package that was announced last week is welcome, it by no means goes far enough. The removal of the seven-day wait can be deemed nothing more than a gesture. On its current form, universal credit will push thousands of disabled people further into poverty and hardship owing to the Government’s decision to abolish the severe and enhanced disability premiums. There was no mention of disabled people in the Budget. There were no proposals to reduce the disability employment gap, or to increase the employability of disabled people. The country deserves better.
Budget Resolutions — House of Commons, 2017-11-28
Topic: Social Welfare
Preet Kaur Gill (Labour, Centre-left): The King’s Fund, the Nuffield Trust and the Health Foundation estimate that the annual funding gap for social care will now reach £2.5 billion by 2019-20. That will have a crippling effect on the provision of social care, a sector that is already under severe strain and in desperate need of relief, but the Budget offered it nothing whatever The condemnation from social care professionals has been as universal as it has been damning. Margaret Wilcox, the president of the Association of Directors of Adult Social Services, said she was "extremely disappointed" by the lack of extra funding and: "Adult social care needs to be tackled as urgently and at least as equally as the needs of the NHS, in a way which recognises the inter-dependency of these services and encourages a collaborative approach." After the Government’s calamitous manifesto U-turn on the dementia tax, the country needed strong leadership and an appreciation of the seriousness of the situation facing social care. That same manifesto described the social care system as not working and promised to fix it, but there was no mention of social care in the Budget, let alone any new funds to address the chronic shortfall—another Tory manifesto commitment broken Nearly 1.2 million older people are estimated to have unmet care needs. The figure is up 48% since 2010 and up 18% from last year alone. The Budget offers no solutions to address the forecasted 150,000 additional deaths associated with constraints on health and social care. This is an issue of not just numbers but the Government’s failure to get a grip on the social care crisis Having worked in the sector, I have seen at first hand the amazing and vital work dedicated staff carry out on a daily basis. Now those staff who are employed by local authorities will have to carry on with their jobs knowing that their hard work, the squeeze on their living standards and years of wage stagnation still do not qualify them for a pay rise. When will the Government accept that these people are already going above and beyond, and deserve to have their service recognised Labour committed in our manifesto that, as we moved towards a new national care service, we would invest £8 billion over the course of the Parliament to stabilise the care sector. It is Labour that recognises that the sector is in crisis; it is Labour that appreciates the hard work of those who work in social care and would treat them with the respect they deserve; and it is Labour that would commit to taking active measures to solve this crisis, not merely offering false platitudes. The Budget, like the Government, is failing those in the social care sector.
Budget Resolutions — House of Commons, 2017-11-28
Topic: Macroeconomics
Fiona Oluyinka Onasanya (Labour, Centre-left): I want to pay tribute to my hon. Friend the Member for Bury North (James Frith), who talked about this being an ABC Budget. I also want to mention my hon. Friend the Member for Birmingham, Edgbaston (Preet Kaur Gill), because my constituency has also seen a huge increase in demand for services. In particular, there has been a rise in the number of people who find themselves homeless and in the number of adults and elderly people who require care Apart from a small announcement on mathematics, there was no extra money in the Budget for the education system. This is not as simple as saying, "2 plus 2 is 4, minus 3 that’s 1—quick maths." These announcements mean real-terms cuts and the potential continuation of the recruitment and retention crisis in our education system The right hon. and learned Member for Rushcliffe (Mr Clarke), who is unfortunately not in his place, said that he could not understand why the Opposition were saying that the Budget does not do all that it needs to do, but it fails to recognise the scale of the emergency in our public services. There is no point in burying our heads in the sand saying, "Things are absolutely fine," because we know that they are absolutely not. While both sides of the House have acknowledged that universal credit needs amending, there was a real opportunity to pause and fix it, but it was not taken Austerity is hurting and not working, but instead of pausing and reflecting on that, we are continuing with business as usual. We are acting as though everything that is happening is par for the course and absolutely fine. People say, "Why do Opposition Members seem to think there is a problem?" There is a problem because our constituents come to us with their problems. There is a problem because we seem to be avoiding paying attention to their real needs. Instead of taking the opportunity provided by the Budget to assist them, we have decided just to carry on with things as they are. It is fantastic that we will have driverless cars, but we will have all the gear and no idea when people in our constituencies are suffering.
Budget Resolutions — House of Commons, 2017-11-28
Topic: Macroeconomics
Yvonne Helen Fovargue (Labour, Centre-left): This Budget leaves many with little to celebrate. There is nothing for the WASPI women, who kept their contract with the Government, and nothing for my sixth-form colleges, which work so hard to improve the life chances of children in my constituency. The right hon. and learned Member for Rushcliffe (Mr Clarke) said that a Budget’s purpose is to improve people’s future lives, but the Chancellor chose to freeze working-age benefits until 2020, most affecting those struggling with basic living costs now and doing nothing to provide a family with a Christmas dinner, the cost of which has risen 20% this year. The freeze, and the rise in food inflation, means that huge chunks of the population are unable to afford the weekly food shop or to pay the rent. People are making hard choices, like the mum I saw who regularly goes without her lunch three times a week to feed her family. Those are the people going to payday lenders; those are the people going to BrightHouse; those are the people who cannot afford to save every month—it is about time there were saving schemes designed around people’s lives, rather than expecting people’s lives to be designed around Government saving schemes—and those are the people who are likely to fall into debt Some 2.9 million individuals and households are currently struggling with severe problem debt. How many more will there be after this Budget? Demand for debt advice is at record levels. People helped by the debt charities are increasingly struggling to meet the bills. Addressing personal debt has to become a priority for this Government The basic cause of debt is lack of money. There has been a freeze on working-age benefits and a 1% cap on public sector pay rises while inflation, particularly food inflation, has risen. Low-income households spend more money on food and basic necessities than those on higher incomes. Household debt is already rising, and it is set to rise further. With more debt, more mental health issues, more strain on GPs, more strain on local services, less disposable income and less spending power—less spending power is bad for businesses as well as for individuals—this is a Budget that does not deliver for individuals or for businesses.
Budget Resolutions — House of Commons, 2017-11-28
Topic: Macroeconomics
John Eugene Joseph Dromey (Labour, Centre-left): The latest lame defence from this Government, as we stand up for the people of Britain, is that somehow we are talking Britain down—that is nonsense. This failing Government are letting the people of Britain down, driving it down the international league table. We have the worst record in the G7 on wages, productivity, skills and growth, and we are bottom bar one—Lithuania—in the EU on worker participation, and all this from a Prime Minister who promised workers on the board. Today’s Social Mobility Commission report has shown that the heart of England, the midlands, is the worst region for social mobility for those from poor backgrounds. The historical comparisons are staggering. This is the worst decade for productivity growth since Napoleon was retreating from Moscow, then to be defeated at the battle of Waterloo in 1815. The last time wages were stagnant for so long a royal prince was about to get married—Prince Arthur, Victoria’s son—Disraeli and Gladstone were in Downing Street, and trade unions were illegal. That was 150 years ago Over the past seven days, I have seen the consequences of this Budget. I have seen the consequences for schools and headteachers, with one in tears at the fact that there was not one penny more and at now being faced with having to lay off teachers and teaching assistants. I have seen the police despairing at 2,000 police officers having gone and at rapidly rising crime, with violent crime up 6%, gun crime up 15% and knife crime up 17%. At a packed meeting last Friday, local people were pouring out their hearts, with a woman who had been 60 years in Slade Road saying that she no longer goes out at night because she is afraid so to do. I have heard the concern expressed by carers on Carers Rights Day, when 200 of them gathered together. There are none so noble as those who care, but they are finding it increasingly difficult because of the lack of support for them directly and because of the crisis in social care. All that is allied to the disastrous mishandling of Brexit, the impact of which is increasingly being felt where I was on Friday, at the Jaguar factory in my constituency. This jewel in the crown of manufacturing excellence has transformed the lives of thousands, but it now faces an uncertain future The Chancellor cracked all sorts of jokes in his Budget—he has a new found sense of humour. As our Amy used to say, "Dad, you should be on the stage. There’s one leaving in half an hour." There was a new found sense of humour, but the reality is that this was a bad joke Budget, because in terms of facing up to the challenges facing the people of Britain, it let the people of Britain down. It was the same old Tories; in the words of the Prime Minister herself, "Nothing has changed."
Budget Resolutions — House of Commons, 2017-11-28
Topic: Macroeconomics
Anna Rhiannon McMorrin (Labour, Centre-left): This was not a serious Budget—and I am not referring to the bad jokes that littered the Chancellor’s speech and which were as weak as the Tory Government of the man who delivered them. Last Wednesday, my Opposition colleagues and I waited desperately for an hour to hear something that would help the people we represent to live a decent life. Instead, we got a Budget that includes more spending on an ultra-hard Brexit to appease the Conservative party, which will harm the country, than there was spending on the NHS. The improvements to universal credit were welcome, but they are too little, too late. The relief from the reduction in the six-week wait is only minimal when compared with the thousands of pounds that many of the families dependent on benefits are set to lose The Government’s worst legacy by far must be the public sector pay cap. Cardiff North has 19,000 public sector workers—the highest proportion in Wales—and they really hoped that the Budget would end the disgraceful pay freeze that has seen nurses using food banks and care workers struggling to make ends meet. One thing we have learned to appreciate since the spring Budget is how desperately dependent we are on public services. The Chancellor’s Budget leaves public sector workers worse off than they were seven years ago. Austerity is not a policy choice: it is political Yesterday, the Secretary of State for Business, Energy and Industrial Strategy launched his industrial strategy to address weaknesses in the economy. The UK’s economy has been systematically underperforming on almost every key measure. Our productivity is down and we have the most geographically unbalanced economy in Europe. Part of the boost to productivity should be investment in renewables, which are set to be the backbone of our modern energy system. The plummeting cost of wind power means that onshore and offshore wind can help to improve the UK’s competitiveness and productivity. It is therefore hugely disappointing that the strategy does not set out how we can continue to support onshore wind, which is the cheapest of the new generation of energy production. We have yet to see an announcement on the Swansea tidal lagoon. That was a missed opportunity to invest in infrastructure for the future. With a cap on funding for renewables until 2025, the Government have shown they have a long way to go before they can deliver on clean growth Finally, I am frustrated about and fearful of the prospect of the financial impact of a shambolic Tory Brexit on the British and Welsh economy. The Budget includes £1 billion of additional capital funding for Wales, but more than half that must be repaid. The Budget is a missed opportunity. We needed to see one that truly transformed the economy, not more of the same.