Member of Parliament for Sherwood, Mark Spencer, has welcomed the Budget announced by the Chancellor of the Exchequer, Rishi Sunak.
Today, the Chancellor presented a Budget that builds a better economy for everyone- and demonstrated that this is a Government that works for every corner of the United Kingdom.
We saw that the economy is continuing to recover- and that this is the Government that will ensure that the economic growth continues.
- Rt. Hon. Mark Spencer MP,
Member of Parliament for Sherwood
Among the measures announced in the Budget, cash for Brownfield sites and money for education services remain some of the most important measures.
Mr Spencer said that:
In Sherwood we are seeing a real lack of ambition and drive when it comes to looking at our Brownfield sites.
We look around the constituency and local authorities like Ashfield are tearing up our Green Belt while ignoring Brownfield land. I am so pleased to see the Chancellor's ambitious plan to encourage brownfield development. It is clear that this is a Government intent on delivering on its promises to the British people- that includes a Brownfield first policy.
Mr Spencer also praised the Chancellor of the Exchequer for his focus on levelling up communities across the Midlands and Nottinghamshire. In the Budget's regional briefings, it is clarified that Nottinghamshire County Council will be receiving a share of a £2.6 Billion fund for local road improvements- in this case to fund improvements along the A614.
Other measures announced by the Chancellor of the Exchequer includes:
- Raise in the Minimum Wage to £9.50- this is a 6.6% raise on the previous National Minimum Wage
- Freezing Fuel Duty for a twelfth year in a row
- Changing the Universal Credit Taper to make low income working families, better off
- Providing a well needed boost to our local pubs by cutting beer duty
- Cutting Business rates by at least 50% for most retail and hospitality businesses
- Increasing spending on our Health System by £44 Billion over the next 3 years
- Giving schools a cash uplift of over £1,500 per pupil, and providing £1.8 billion for schools catch up
- Placing a new emphasis on early years care, and in particular the first 1001 days