James Murray

James Murray

Labour (Co-op) — Ealing North

Speaking in the House of Commons on 2 December 2025

Debate

Budget Resolutions

Contribution

As the hon. Gentleman knows, Madam Deputy Speaker, I give way to him week in, week out in this place, so I know pretty much what he is going to say. I do not have much time, so I am going to make some progress. [Interruption.] The Opposition are very loud at the moment, but time and again there is deafening silence when they are asked to defend their record in government. They simply refuse to own up and face up to the damage they caused to our economy by slashing investment. Our decision not to slash investment and to reject uncontrolled borrowing means that we have had to take fair and necessary choices on tax. We are being up front that those choices will mean everyone contributes more, but, as we promised last year, we are keeping taxes on working people as low as possible. We are doing that by reforming the tax system, increasing the rate of tax on property income and on those with £2 million-plus homes, increasing tax rates for online gambling while removing bingo duty, and ensuring that HMRC has the right technology for a modern, effective tax system. We are making the changes that the Conservatives always ducked, and we are keeping taxes on working people as low as possible. When it comes to growth, the Chancellor has already beaten the forecasts once, with improved growth reported this year. We are determined to beat the forecasts in future years too, because we will not let the previous Government’s record hold Britain back in the future. We are backing entrepreneurs with tax breaks for businesses to scale and stay in the UK. We have secured hundreds of billions of pounds of private investment, and we are making sure that investment goes to every region and nation of the UK, so that everyone across the country feels the benefits of growth. Families across the country plan how much to spend week in, week out. They budget, save and economise to stay on top of their household finances. We will hold ourselves to the same, and higher, standards when it comes to taxpayers’ money. We will always make sure that the Government live within their means and make every penny count. We have already begun to improve the efficiency of Government, saving £14 billion a year by 2029 through greater use of AI and automation, as well as reducing unnecessary bureaucracy and duplication through the abolition of NHS England. At last week’s Budget, we set out our plan to make a further £4.9 billion of efficiencies by 2031, beginning by getting rid of police and crime commissioners, cutting the cost of politics and selling Government assets that we no longer need. This means we can make sure that taxpayers’ money—

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