Wednesday, February 21, 2024

MP Metcalfe welcomes spending review

SOUTH Basildon and East Thurrock MP, Stephen Metcalfe has welcomed the spending review by the chancellor, George Osborne.

Mr Metcalfe said: “I welcome the latest spending review which clearly shows that the Government are committed to moving Britain from rescue to recovery, and will take bold measures to do so.

Key departments such as the NHS, Education and International Development have had their budgets ring-fenced. Education’s resource budget will rise to £53bn, the NHS to £110bn, and international development to £11.1bn. Nothing is more important domestically than the education of our young people and the health of the people of this country, whilst our world leading international development budget secures our position on the global stage and demonstrates to the world that we are a country that does not shy away from our international commitments.

I was also delighted to hear plans for a £100bn modernisation of the UK’s national infrastructure between 2015 and 2020. The plans include funding for new homes, road maintenance, and school building repairs. This will provide a great boost to the economy, creating jobs, and demonstrating that the Government are committed to the long term priorities of this country rather than short term political gains.

As well as some fantastic investments, the Chancellor also announced some sensible and necessary savings. A new cap on some elements of welfare spending will be implemented from 2015, this doesn’t mean that once this figure has been reached payments will stop, but it provides a guide figure for welfare expenditure. Within this, pensioners living in certain EU countries will no longer be entitled to winter fuel payments. It is simply not in the interests of this country to pay people living in much warmer climates a winter fuel allowance. This is something I have been contacted about on many occasions and I am extremely pleased that we now have a reasonable approach to this problem.

When the Government came into power it had to address one of the biggest economic crises since the Second World War. Labour left the country with a note saying ‘There is no money left’ and have since failed to either apologise for their actions, or give any credible fiscal plan of their own. This has left the current Government to make some tough decisions, but these are, as outlined in the spending review, decisions that will ensure that Britain can once again move forward.”


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