Pete Wishart

Pete Wishart

Scottish National Party — Perth and Kinross-shire

Speaking in the House of Commons on 5 November 2024

Debate

Income Tax (Charge)

Contribution

It is a long time since I have had the pleasure of speaking in a Budget debate. Usually there is a bit more competition for the opportunity to speak, but given the much-diminished numbers present, I got this chance today. Having been more of an observer in the past few years, I have noticed one aspect of the Budget: the form, the tempo and the rhythm that seem to be part of every single Budget debate. It always starts with a high, fevered crescendo of excitement. The Government reel off all the staccato of freebies and giveaways. Cheers come from the Back Benches, Order Papers are waved, and the nation feels bamboozled by this apparent avalanche of largesse. Then, of course, the first cracks appear—a negative forecast from the OBR here, bad news on the gilt markets there. Beyond that, it all starts to fall apart. Once the public realise what the Budget means to them and get over the intoxication, the hangover starts and the first opinion polls start to come out. There was one in Scotland at the weekend, and it showed a calamitous decline in Labour’s fortunes, just as the party was measuring up the curtains for Bute House. It is not so straightforward for Labour any more. I want to do something different and actually praise the Labour Government. I want to thank them and say, “Well done for getting that funding for infected blood. That’s great!” I also thank them for the extra funding that Scotland will get—it would be churlish not to do so. It is what we asked for, and I am really glad that they have started to listen to us. I just wish they would do a little bit more of that. However, there are issues with all of this. One of the main issues is the change in employer’s national insurance contributions, which has caused a real problem for some of our colleagues in Scotland, because we do not know what we will get as a block grant. Will we be fully funded for the national insurance contributions in our health and policing budgets? We need to have clarity, and the money has to be in addition to the block grant funding, not in place of it. I would like clarity from the Minister on that issue. There is one local issue that I want to raise: the levelling-up funding for Perth. Levelling-up funding was pork barrel politics at its most gratuitous, and we were the only city local authority that did not get one penny from the Conservative Government. We finally got a paltry £5 million, and we were so excited about that. We had three shiny projects in Perth city centre that we were going to develop. Then, of course, the Budget came along. After we secured practically nothing from the Conservatives, a Labour Government are taking the money away from us. I want to hear the Government say that they will give Perth what it is due. Budgets are like fireworks on bonfire night: they go up like a rocket, with lots of noise and colour, then they come down like a damp squib. Today, the Government’s Budget feels very much like that damp squib.

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