Debbie Abrahams

Debbie Abrahams

Labour — Oldham East and Saddleworth

Speaking in the House of Commons on 2 December 2025

Debate

Budget Resolutions

Contribution

I absolutely agree. It is a shame that we need food banks at all—this is the state of what we have inherited, unfortunately. I commend the Health Secretary for the work that has been done to increase capital investment in the NHS, which will boost NHS productivity. A recent Health Equity North report, “Health for Wealth”, showed that by reducing the inequalities between the north and the south, and by improving health in the north, we can increase productivity by £18 billion a year. On health inequalities, I hope we can focus on the weighting given to resource allocation. My final point is about the commitment to index pre-1997 accrued pensions for inflation, capped at 2.5%, where scheme rules allow. This means that pensioners whose pension schemes became insolvent through no fault of their own, and that have failed to keep pace with inflation, will now have the situation rectified. That will benefit more than 250,000 pension protection fund and financial assurance scheme members, and I give credit to the Pensions Action Group and the Deprived Pensioners Association, and to the Pensions Minister for listening to me. This is a very good Budget. It gives hope, particularly to my constituents and others like them, so I am very grateful.

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