Fylde Coast MPs’ reaction to post-pandemic fall budget

Tory Blackpool North and Cleveleys MP Paul Maynard said many of the Chancellor’s policies would help the economy of visitors to the coast and support tourism businesses for next year as they recover from the blow from coronavirus blockages.

He said: “This week’s budget took place against the backdrop of some of the most exceptional economic circumstances since World War II.

“Nonetheless, the government has focused on providing financial support to the NHS – around 44% of all government spending goes to the NHS, up from 27% in 2010.

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Chancellor Rishi Sunak’s budget gives one year of relief to hotel and tourism businesses

“With additional investments in regional economies such as ours, business rate vacations and a 12 month extension of VAT reductions for our local hotel businesses are all designed to give our tourism economy the best possible chance it can has to maximize the high number of visitors. we are seeing right now. “

Tory Fylde MP Mark Menzies said it was a budget to support jobs and help people get back to work.

He said: “I am happy to see corporate tariff reform that will help make the system fairer and make it easier for businesses to invest in improvements. This will undoubtedly support the regeneration of our main streets.

“Support for the hotel sector is particularly vital and I am delighted that the Chancellor has recognized the importance of the shops, hotels, pubs and restaurants which are so important to Fylde’s economy.

“When the small business rate relief is factored in it is a tax cut worth £ 7 billion.

“In addition, simplifying alcohol taxes and lowering rates on draft beers and ciders will help local pubs still recovering from the impact of the pandemic.

“I applaud the £ 20bn investment to support research and development that will help our high-tech employers in Fylde deliver new innovations.

“There is also help for the hard-working people, with frozen fuel rights and universal credit changes that will almost immediately put money in the pockets of the lowest incomes.”

But Lancaster and Fleetwood Labor MP Cat Smith said the government should have done more to tackle the immediate problems that will affect most households this winter with soaring gas prices, with inflation expected to continue. increase and the impending tax hikes as well as the loss of the £ 20 mark-up for people with universal credit.

She said: “It will be a tough winter, with rising costs, inflation and empty supermarket shelves. People are feeling the effects. Yesterday’s budget revelations indicate households will pay £ 3,000. more taxes by 2026/27 than when Boris Johnson became Prime Minister are staggering.

“The increase in the national minimum wage is a positive step, but the government must go further and faster. With the rising costs, the rise in taxes and the fall in universal credit which is beginning to weigh on, it is giving ‘with one hand and take with the other.

“There are three big problems with this budget. First, the Conservatives have no plan to tackle the growing cost of living crisis, second, they have no plan to remove the huge tax burden they have imposed on workers and businesses and, finally, they have no growth plan, essential to revive our economy.

“The Labor Party has a plan to ease the pressure on households and businesses right now. We would abolish VAT on household energy bills for 6 months to help people get through the winter months, and we would reduce business rates next year. “

Blackpool South Tory MP Scott Benton said: “The budget prioritizes helping working families and households vulnerable with the cost of living, including through a significant tax cut for low-income families by reducing the rate of universal credit tapering off from 63% to 55% percent, a 6.6 percent increase in the national living wage to £ 9.50 an hour – giving a salary increase of 1 £ 2,000 to £ 2million of the lowest paid – lifting wage restrictions for public sector workers, a freeze on fuel taxes for the twelfth year in a row, and a freeze on alcohol taxes – alongside sweeping reform to make the simpler, fairer and healthier system. “

He said businesses would also benefit from the 50% reduction in commercial tariffs next year for 90% of retail, hospitality and leisure and a freeze on all tariffs and a doubling of reliefs. creative industries tax for theaters, world famous orchestras in the UK. , museums and galleries. “

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