Budget Resolutions
Growth in every postcode and breathing space—that is apparently the theme of this debate. That is what we are told the Budget will deliver. The sad fact is that it really could have been an opportunity to focus on growth and to support British businesses and people. It really was an opportunity to fix the mistakes of the past two years, to back business and unleash Britain—but the Government did not take it. All we appear to have had from the Secretary of State is the belief that more government will solve all of our problems. The Budget was an opportunity to end the smash-and-grab tax policies on working people—that includes employers, by the way—but Labour doubled down. The Chancellor could have demonstrated that when he resigned as Defence Secretary he did so out of principle and set out a road to 3% of GDP on defence, but we did not get that either. The Government could have taken steps to cut welfare and get Britain working, but, too scared of their Back Benchers, the Government are allowing the welfare budget to continue to spiral out of control. The Budget was a total missed opportunity. Far from growth in every postcode and breathing space, we saw a steady-as-she-goes Budget: a change of captain, a rearranging of the deckchairs, but no change of course—which would be fine if the vessel we were on were not the Titanic. One area we did see some action in the Budget—one issue that was mentioned considerably—was on the cost of energy and our energy security, or lack thereof. There was a slight but definite acknowledgment that the energy policies enacted by the Labour Government up to this point had been having a negative impact on the people and businesses of Great Britain. That was why I was more than a little surprised not to see energy as a theme of this Budget debate, and why I was surprised not to see the Secretary of State for Energy speaking as part of it. Or is she not too keen on this change of direction, and this moderate shift from the Government towards something resembling common sense does not sit well with her? Where is she? Absent from Parliament when they announced Jackdaw and absent from the Budget debate, she is either in hiding or being kept hidden. The words of the Chancellor last week that the Energy Secretary has “opposed” rather than approved Jackdaw was not so much a slip of the tongue as a lifting of the veil into the division at the heart of this Government when it comes to energy policy. The truth is that we have a Government totally divided on energy policy, between a Chancellor and a Treasury desperate for growth and some good news, and an Energy Secretary and parliamentary party still <span id="621" class="column-number" data-column-number="621"></span>wholly signed up to a Milibandism approach to energy that values net zero and clean power 2030 above all else—above jobs, cost and our security. We have an Energy Secretary briefing out that she is inclined not to approve Rosebank, presumably on the basis that growth in every postcode does not include postcodes that begin with AB, and a Chancellor briefing that it will be approved soon. We have Labour Back Benchers claiming that Rosebank is oh so different to Jackdaw because it is oil, which is exported, not like gas, which we use at home—as if, somehow, generating revenue from exports, displacing Russian oil from the European market and backing British jobs are bad things. We also have the Office for Budget Responsibility including revenue from Rosebank and future discoveries as part of its projections for Government revenue over the next year. We have the Treasury cutting funding from carbon capture, utilisation and storage projects, Energy Ministers scrambling over themselves to insist that funding has not been cut, the Treasury announcing a cut to the warm homes fund of £1 billion, and the Energy Department insisting that the warm homes fund remains at the heart of the Government’s plans to support those on the lowest incomes insulate and decarbonise. This is utterly chaotic—no wonder the Energy Secretary is being hidden away or is in hiding. For over two years, we have been listening to various Ministers lecture and patronise those of us on the Conservative Benches that we were wrong, that we did not need more gas from the North sea, that it was clean power that mattered over the cost of energy, and that we must have consensus on energy policies. The Conservatives have been clear from day one that the cost of energy, the security of our energy supply, and the future of our North sea are the issues that should guide and shape our energy policies. It is good to see that that consensus may be returning, and not just on the entirely reasonable and sensible step of ensuring that one has a well-stocked fridge of sauvignon blanc ready for emergencies.