Sir Mel Stride

Sir Mel Stride

Conservative — Central Devon

Speaking in the House of Commons on 27 November 2025

Debate

Budget Resolutions

Contribution

I congratulate the hon. Lady on reading accurately from the Whips’ circular. The Opposition stand by our record—[Interruption.] Absolutely. When we were in government, we were a job-creating machine: there were 4 million more jobs under us than had been there before. When we left on the day of the general election, we had a near-record high level of employment and a near-record low level of unemployment. Unemployment is now at a five-year high—[Interruption.] The Parliamentary Secretary to the Treasury shakes his head, but it happens to be true. One of the results of the Budget for young people is that there will continue to be a lost generation of workers. What about those who want to save, do the right thing and provide for their future in retirement? Should we not be encouraging that? What has the Budget delivered on that front? Salary sacrifice has been savaged, the savings tax has been put up, and the cash ISA has been cut. We are punishing savers. We will see the reverberating effects of those measures for many generations and many years to come.

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