Victoria Collins

Liberal Democrat — Harpenden and Berkhamsted

Speaking in the House of Commons on 3 November 2026

Debate

Contribution

Britain needed a much bolder Budget for growth—one for families and businesses, and to boost our economy. For families, heating—or even cooling—our homes, getting around and feeding the family are all costs that continue to rise. The energy price cap is set to rise again in January, and 1.4 million low-income households in higher council tax bands will miss out under this Budget. However, our Lib Dem essential energy guarantee would take £100 off the average bill for everyone, paid for by clawing back excess profits made by monopoly energy operators. We would also cut rail fares by 10%, bus fares to £1 and fuel duty by 10p, paid for by the Treasury’s fuel price windfall. For most businesses, rent, rates, energy and hiring costs are going up. At DJ’s Play Zone in my local area, Mark says that his rates bill has gone up by 52%, from £21,000 to £32,000 a year, on top of the national insurance jobs tax and rising wages. He is running a small business in a big building, so small business relief never reaches him. The Chancellor’s new £18,000 threshold changes nothing for him and many other businesses that slip under the net.

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