Iqbal Mohamed

At a time when families in the four corners of our nation are struggling just to get through the week, the test for any Budget is simple: does it make life easier for ordinary working people? Does it put money in the pockets of low-income and middle-income earners? Does it strengthen our public services? Does it support those who are working hard, yet falling behind because of rising prices, high inflation and chronically stagnant wages? The first thing I welcome is the lifting of the two-child benefit cap. I welcome the Chancellor finally bowing to pressure from campaigners, my independent alliance colleagues, and the seven Labour Back Benchers who defied the whip last year to vote for its abolition, but telling families that they must wait until 2026—nearly two years after Labour came into government—is not the Labour way. While children go hungry now, today and this winter, that is unconscionable. For many winters, families have been choosing between heating and eating. Food banks remain at record high levels of usage, and warm banks are now a thing that we accept in our society. Every month, millions are one broken boiler or late pay check away from crisis. A modern economy cannot function when its people are too poor meaningfully to participate in it. That is why we need radical tax reform that prioritises a fairer tax system that funds our future. One of the great myths of our political age is that there is not enough money to fix these problems. That is simply not true. Our tax system is full of holes wide enough for billionaires to sail yachts through; we must get a grip in this place.