Wes Streeting

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Parliament's party history for this member: Labour (7 May 2015 – present).

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1. 29 Oct 2026·Parliament·Wes Streeting

   Budget Resolutions

   That is not an answer!

   Hansard source
2. 29 Oct 2026·Parliament·Wes Streeting

   Budget Resolutions

   I am proud to open this Budget debate on behalf of the Government, proud of the leadership of the Prime Minister and of the Chancellor, who is offering this country breathing space today and fresh hope for the future. Before I turn to that, I need to talk about the threat this country faces—one that sabotages our economy, pushes out misinformation and attempts to undermine people’s trust in government. For once, I am not talking about the Russians, but the Trussian, not least the shadow Chancellor, the hon. Member for Arundel and South Downs (Andrew Griffith), who I fear is part of a Trussian sleeper cell operating in the shadows of the Conservative party. He did not say much about his plans today, but I do not think we do not need to look very far. In fact, there is a book out that tells us all about the secret plans he is no doubt saving up for the next manifesto: “Bank Job”, it is called, written by one Liz Truss. The shadow Chancellor knows her well; it is the Liz Truss for whom he helped write the mini-Budget, which crashed our economy and damaged Britain’s reputation, and which he still says contained, “lots of good things.” Maybe that is why, when I tried to obtain a copy of “Bank Job” this morning, I found that there were no copies available in bookshops for miles around. Presumably, the shadow Chancellor has gone around and bought them all up, just in case someone finds out exactly what the Trussians stand for. Because that is the danger, Madam Deputy Speaker: they walk among us, the Trussians, hiding in plain sight— deep-cover sleeper agents masquerading as responsible fiscal Conservatives. But we will not be fooled. We remember when the shadow Chancellor cheered Truss on, and we all know the consequences of their misjudgements. If we are not careful, the Trussians will be coming—they are already winding up to play their own game of roulette with our public finances once again. All joking aside, I think it is genuinely appalling that the arsonists have the audacity to complain as the firefighters are clearing up their mess—never forgive, never forget, and never let the Tories do it again. In fact, in one of the low points of an otherwise dull and inaccurate contribution to this Chamber, the shadow Chancellor had the audacity to level low blows against my right hon. Friend the Member for Leeds West and <span id="490" class="column-number" data-column-number="490"></span>Pudsey (Rachel Reeves). Let me point out that, despite the economic global shocks that this country faces, along with security threats of a kind that we have not faced in generations, earlier this month the IMF upgraded its growth forecast for Britain for 2026. It said that the UK “stands out” among G7 nations, and it credited the Government’s responsible approach to handling the public finances. That is the legacy of my right hon. Friend, and I pay tribute to her leadership, her experience and her hard-headed stewardship of our economy. <em>[</em><em>Interruption.</em><em>]</em>

   Hansard source
3. 29 Oct 2026·Parliament·Wes Streeting

   Budget Resolutions

   They can shout all they like, Madam Deputy Speaker. The fact is that the former Chancellor restored the confidence of the markets after the Conservatives trashed Britain’s reputation with their catastrophic mini-Budget. She created the platform for our Labour Government to invest in public services, protect the most vulnerable, foster innovation and navigate the headwinds of the last two years. During her time as Chancellor of the Exchequer, my right hon. Friend the Member for Leeds West and Pudsey established a record that the Conservative Front Bench could not begin to touch. Those are the facts. None the less, against the backdrop of the enormous challenges this country faces, the Chancellor, as he set out yesterday, is taking action to tackle the cost of living and give households breathing space today: help for 20 million households to heat their homes this winter; freezing fuel duty to keep prices down at the pump; helping with the everyday cost of the weekly shop so that people have more money in their pockets; action on energy bills; and the minimum wage, the national living wage and the state pension all going up to help people out. No one is suggesting that these measures solve everything for everyone, everywhere, all at once, but people can see that we are doing everything we can, as fast as we can, to give them breathing space today and fresh hope for the future; to show that this Government and this Prime Minister have got their backs; and to show that we can still do big things as a nation, that Government can make a difference to people’s lives, and that Britain is a country we can still believe in. That is important, as we look beyond the optimism of the first 100 days of this new Government and our new Prime Minister to the brighter future that lies ahead for our country if we make the right choices. Yes, we face great challenges, but the character of a nation is not defined by the challenges it faces, but how it chooses to respond to them. And be in no doubt: it is a choice. We choose not to be daunted by the scale of the challenge, but to be motivated by it—to face the future not with fear, but with confidence, and to choose hope. We choose it because we know what hope can do. Look at what this Labour Government have delivered in the past two years: half a million children out of poverty; waiting lists down by a quarter of a million; the asylum backlog down 60% in a year; small boat crossings at their lowest in six years; the fastest growing economy in the G7 in the first half of this year; free breakfast clubs <span id="491" class="column-number" data-column-number="491"></span>feeding 680,000 children; six train operators brought back into public ownership; and defence spending up by £14 billion compared with the Conservatives’ final year in office. Lots done and lots more still to do, but so many reasons to believe that our best days lie ahead.

   Hansard source
4. 29 Oct 2026·Parliament·Wes Streeting

   Budget Resolutions

   I can absolutely confirm that thanks to the responsible choices made by the Chancellor and his predecessor, we have headroom to weather shocks, and the Chancellor is drawing on that. On capital budget reprioritisation across Government, it is absolutely true to say that across the Cabinet, Ministers have been willing to prioritise within their own capital programmes in order to fund defence. We can be absolutely clear, beyond any doubt, that this is a Chancellor, a Prime Minister and a team who choose to prioritise defence. I bet the right hon. Gentleman wishes that he made the same choices when he was Chief Secretary to the Treasury, instead of leaving our armed forces “hollowed out and underfunded”. It was another great Healey—my predecessor, Denis Healey—who said that without strong defences, “we have no houses, we have no hospitals, we have no schools. We have a heap of cinders.”<span id="vol779_col551" class="cross-reference" data-house-id="1" data-column-number="551" data-volume-number="779">—[<em>Official Report</em>, 5 March 1969; Vol. 779, c. 551.]</span> The first duty of any Government—to keep our country safe—is a greater and more urgent challenge now than it has been for generations. The gravest dangers of the 20th century are returning, armed with the technologies of the 21st. Britain faces growing threats from state-sponsored terrorism, sabotage and hostile acts that are designed to disrupt our lives, undermine our security and spread fear. Yesterday, the Chancellor gave his response to those threats at this Dispatch Box, delivering more support to the frontline for freedom in Ukraine, plugging the £4.7 billion gap in the defence investment plan and confirming our unshakeable commitment to NATO to spend 3.5% of GDP on defence by 2035. But he went even further, with a new target reflecting Labour’s commitment to fund defence spending at 3% of GDP by 2030. That is the commitment the Chancellor made at this Dispatch Box yesterday. That is a record the Conservatives cannot even begin to touch—

   Hansard source
5. 29 Oct 2026·Parliament·Wes Streeting

   Budget Resolutions

   But I look forward to the hon. Gentleman defending the indefensible.

   Hansard source
6. 29 Oct 2026·Parliament·Wes Streeting

   Budget Resolutions

   I have just set that out. It is there in the Budget. The Government have reallocated from capital programmes across Government to ensure that defence is fully funded. It is disappointing, Madam Deputy Speaker. This has become a running theme of the leadership of the Leader of the Opposition. When we sat on the Opposition Benches, I remember that Keir Starmer always made a virtue of standing with the Government on issues of national security and defence. We provided constructive challenge where we needed to, but we stood with the Government. This lot cannot help but try and score petty party political points at the expense of defence and national security. What is even more extraordinary is the enormous brass neck of the Opposition, considering their record. Just look at it: we had the smallest army since the Napoleonic wars; every single recruitment target was missed; morale fell to a record low of 40%; almost every equipment programme was over budget or behind schedule, and often both; and defence spending faced a real-terms cut between 2010 and 2024, falling from 2.5% of GDP to 2.3%. <em>[</em><em>Interruption.</em><em>]</em> In the words of their own Defence Secretary, the armed forces were left “hollowed out and underfunded”. <em>[</em><em>Interruption.</em><em>]</em> And now the Conservatives have the audacity to turn up and criticise a Labour Government who are investing more, investing more quickly, and cleaning up their mess.

   Hansard source
7. 29 Oct 2026·Parliament·Wes Streeting

   Budget Resolutions

   I am trying to make my voice heard from the Dispatch Box, Madam Deputy Speaker. As I have said from my first day as Defence Secretary, I trust this Chancellor to give us what we need to keep our country safe, and yesterday demonstrated why. His Budget proves why Labour can be trusted on defence—<em>[</em><em>Interruption.</em><em>]</em> It does say that here, because I wrote it. We are delivering the biggest sustained increase in defence spending since the end of the cold war. That was Labour’s record before the Budget; this Budget takes us even further, and next year’s spending review will take us further still. What a contrast with the abysmal record of failure staring us in the face from the Opposition Benches. I appealed in my first statement to this House for national unity on national security. It is important that our allies and our adversaries know that we agree far more than we disagree. We all believe that we should spend more on defence; we all believe that we should stand with Ukraine; we all believe that we should invest <span id="493" class="column-number" data-column-number="493"></span>in homeland security. What a pity, then, that the Leader of the Opposition and her ragtag band of political vandals choose to play politics with national security. For the Opposition to do that in the current environment is bad enough; to do so with their abysmal record in government takes some brass neck.

   Hansard source
8. 29 Oct 2026·Parliament·Wes Streeting

   Budget Resolutions

   Perhaps the right hon. Gentleman wants to defend that record.

   Hansard source
9. 29 Oct 2026·Parliament·Wes Streeting

   Budget Resolutions

   I just do not know what the Opposition have to moan about. We came into government with the abysmal inheritance that we faced, and we chose straightaway to invest more in defence to clean up their mess. We have now gone even further than the NATO commitment of 3.5% by 2035 by choosing to set our own target of 3% by 2030. That is not just about the future; it is built on our record in our first two years. Defence spending has gone from 2.3%—

   Hansard source
10. 29 Oct 2026·Parliament·Wes Streeting

    Budget Resolutions

    In a moment. Just so that we are clear, we have gone from spending 2.3% of our GDP on defence when we came into office to spending 2.7% next year. It is very clear that we are on the right trajectory. That is not a record that they can speak to. I do not know how they can be so shameless—

    Hansard source

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