Calum Miller

Calum Miller

Liberal Democrat — Bicester and Woodstock

Speaking in the House of Commons on 12 January 2026

Debate

Finance (No. 2) Bill

Contribution

I am extremely grateful to the Minister for giving way. He is trying to make the case that freezing thresholds is progressive, but what he has not mentioned, understandably, is the freezing of student loan thresholds. There is strong evidence that it will result in lower-earning graduates having to pay much more back over the duration of their loan period. Why is the Treasury taking the £6 billion benefit to the asset balance sheet in 2026-27 from this measure, and can the Minister convince me and my constituents that this is in any way fair and progressive?

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