Perhaps you will indulge me, Mr Deputy Speaker, and cast your mind back to the last Budget in March. You may
remember that I spoke about the Chancellor walking a tightrope, having to balance providing support to people and businesses with beginning the process of building back better.
The Budget that we are debating today demonstrates just how far we have come since March. It is full of optimism, investment and growth, levelling up every town, region and industry across the United Kingdom. Of course, I cannot talk about it without first mentioning one of the big successes for my constituents in Milton Keynes North: the announcement that Milton Keynes will receive our share of £70 million for a fleet of more than 50 new zero-emission buses as part of the Department for Transport’s ZEBRA—zero-emission bus regional areas—scheme. Having lobbied the Government with my good friend and colleague, my hon. Friend the Member for Milton Keynes South (Iain Stewart), I am delighted that my constituents will not only benefit from improved connectivity, but be part of the Government’s ambitious net zero strategy.
While it is vital that we continue to invest in the physical infrastructure to boost our communities, I firmly believe that when we talk about levelling up, we must start with investment in people and in their future. That is why I am pleased to see a real commitment to improving accessibility and opportunities in skills, with overall skills spending increasing by more than £3.8 billion over this Parliament. From additional hours in the classroom for up to 100,000 T-level students to expanding the lifetime skills guarantee so that more people can access level 3 courses, the investment in skills will boost not only the productivity of our economy, but the wages in people’s pocket, with level 3 qualifications resulting in a 16% boost in average earnings.
Given the Government’s emphasis on skills and education as we build back better, it is a huge disappointment to me that the proposed university in Milton Keynes, MK:U, was not included in last week’s Budget. One of the main values of the Conservative party, and indeed of this Government, is that we want to empower people by giving them the tools and skills they need to succeed, and that is exactly what MK:U would do. With backing from businesses such as Santander and BT and from academia, including the world-renowned Cranfield University, MK:U is a shining example of how we can address the critical shortage of skills and apprenticeships in sectors such as cyber-security and data science and create a high-skills, high-wage economy in Milton Keynes, the south-east and the whole United Kingdom.
If the Government are serious about improving access to technical education, as I believe we are, and if we are to show that we are serious about apprenticeships and investing in digital and science, technology, engineering and maths, I urge my Treasury colleagues to consider again the case for MK:U. I see the Chief Secretary in his place; I believe that the ball is in his court.
Ultimately, this is a Budget with a huge amount that I can get behind and a huge amount for the people of Milton Keynes North. There is an additional £640 million to tackle homelessness and rough sleeping, an increase in the national living wage, £5 billion for Project Gigabit—the list goes on. With that in mind, I thank my right hon. Friend the Chancellor and the whole Treasury team for making the difficult decisions back in March that ultimately put us on the right path and in a position to invest now in growth to keep unemployment down
and employment up. However, I say again that if the Chancellor and the Government are truly committed to upskilling our domestic workforce and levelling up in Milton Keynes North, MK:U has to be the next step in our ambitious plan to build back better.
3.44 pm