I would say that it is a good thing to be cutting tax in general, but that has to be alongside a proper public health strategy to ensure that we are tackling issues associated with alcohol abuse across the board and, in particular, among young people.
My being low tax does not mean that I do not think spending is necessary, because spending in the right areas absolutely is necessary. There are two key things we can focus on. The first is spending on places, by which I mean some of the areas that have been left behind for far too long—for generations. I am thinking of places in Bishop Auckland. One thing I was delighted to see in the Budget on Wednesday was the levelling-up fund, which is going to see three key projects delivered in my area: we will be connecting communities through
the Toft Hill bypass; we will be connecting communities through the repairs to the historic Whorlton bridge; and we will have the extra works for Locomotion in Shildon to improve heritage and tourism in my area and create jobs for the future.
My hon. Friend the Member for Milton Keynes North (Ben Everitt) stole a bit of my speech, because he talked about the importance of investment in people and I could not agree with him more on that. For me, that investment takes two forms. The first is investment in good-quality healthcare, and the settlement the NHS is getting thanks to this Budget is astonishing. However, one thing I hope I can work with Treasury and Health Ministers on is finally getting the accident and emergency reinstated at Bishop Auckland Hospital. I have been campaigning on that for two years solid and I have no intention of stopping now. However, the billions of pounds to tackle the backlog in elective surgery is the right step forward, as is the emphasis on early diagnostics through 100 new community diagnostic centres. Those are positive things coming out of this Budget.
Investment in people also means investment in skills, and we are seeing £4.8 billion being invested in them. This is also about policy, and things such as university technical colleges and the move to T-levels. I must say that I agree with the hon. Member for Kingston upon Hull West and Hessle (Emma Hardy) that we need to slightly rethink our policy on BTECs. We need to make sure that our young people have the skills they need, but we also need to make sure that BTECs are phased out in the most proactive and positive way, so that that will not have a negative impact on the education of our young people.
One thing I am passionate about is the lifetime skills guarantee, which is making sure that as our economy changes and we have become more technologically focused, people have the skills they need to get on in any future career, not just the one they are in now. Excuse my enthusiasm, but I used to work in research and development and one thing I am really enthused by is the Government’s focus on that. This is not just about R&D spending, finally introducing the Advanced Research and Invention Agency and R&D tax credits; it is also about the super-deduction scheme. The Government get slagged off all the time for supposedly reducing taxes on business when it is not the right time to do so, but this is incentivising investment in R&D. It is incentivising businesses to improve their productivity, and not just to create good, high-quality, skilled jobs which all our constituents can take up to give them a better life, but to grow our economy. As Conservatives, we know that the best way out of any economic crisis is growth, not spend, spend, spend—it is all about growth. The Chancellor has put a lot of emphasis on our future growth statistics. He also highlighted the fact that he remains a low-tax Tory. I am really trusting in him to stick to his word as we move out of this crisis.
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