• Make a contribution
  • Get the Print Edition
  • Sign up for our daily newsletter
Tuesday, May 20, 2025
  • Login
Reading Today Online
  • HOME
  • YOUR AREA
    • All
    • Caversham
    • Central Reading
    • East Reading
    • Katesgrove
    • Reading
    • Southcote & Coley
    • Tilehurst & Norcot
    • Whitley

    Reading man jailed after being found with cocaine and heroin

    Reading man jailed for intent to supply class A drugs

    New store opens to serve neighbours in Whitley opened by MP

    Ferrari specialist near Reading wins permission for new workshop

    Turkish kebab and grill in Reading applies to keep on selling food until 1am

    Cosy Club enjoys grand unveiling in Reading

    Reading sees second protest opposing Supreme Court’s ‘prejudicial’ gender ruling

    Flood of support for Reading club in trouble with police over fight

    Reading Museum set to get rid of bones, jewellery and other items

  • COMMUNITY
  • READING FC
  • SPORT
    • All
    • Basketball
    • Football
    • Rugby

    Rob Couhig reveals new Reading FC CEO following takeover

    It’s a podium streak for Wokingham racing star Bobby with a win at Silverstone

    Rams RFC celebrate at end of season ball

    Lewis hits brilliant century to see Berkshire CCC beat Buckinghamshire

    ‘Without you, there would be no club’: Defender sends farewell message to Reading FC fans

    Style and splendour returns to Newbury

    Former Reading FC manager to be named as new Brazil national team assistant manager under Ancelotti

    ‘The club lives on’: Reading FC Community Trust reacts to ownership news

    New Reading FC owner Rob Couhig sends message to loyal fans

  • ENTERTAINMENT
    • ARTS
    • READING FESTIVAL
    • READING PRIDE
    • WOKINGHAM FESTIVAL
  • PRIDE OF READING
  • OBITUARIES
  • JOBS
  • ADVERTISE
  • CONTACT US
No Result
View All Result
Reading Today Online
No Result
View All Result
Home Featured

Reading MPs give thoughts on Labour Government’s budget

James Aldridge, local democracy reporter by James Aldridge, local democracy reporter
Sunday, November 3, 2024 6:50 am
in Featured, Politics, Reading
A A
rdg

rdg

Share on FacebookShare on Twitter

The MPs for Reading have welcomed the first Labour Government budget in 14 years.

The budget announced by Labour Chancellor Rachel Reeves comes in the backdrop of a £22 billion gap in government finances.

To mitigate that, the Government has announced £40 billion worth of new taxes.

As well as plugging the shortfall, spending plans include £6.7 billion pounds for education investment, and the reintroduction of school breakfast clubs, which was one of Labour’s general election manifesto pledges.

The announcement of the budget was made in Parliament on Wednesday, October 30.

Welcoming the budget policies, Matt Rodda, the Labour MP for Reading Central, said: “This is a really important budget, the new Government has had a dreadful inheritance but it is tackling the £22 billion black hole left by the last Government.

Related posts

Rob Couhig reveals new Reading FC CEO following takeover

Reading man jailed after being found with cocaine and heroin

Reading man jailed for intent to supply class A drugs

New store opens to serve neighbours in Whitley opened by MP

“I’m pleased that the budget will start to tackle the damage of the last 14 years.

“It is the start of what we want to achieve, it will help get the country’s finances on a firm footing and also to increase investment in the NHS, public services and infrastructure, helping to generate growth.

“I’m pleased with the emphasis on education, with investment in breakfast clubs, building new schools, helping vulnerable children with more money for special needs and disabilities.

“The budget includes important measures to help tackle climate change, such as more support for the transition to electric vehicles.

“It also includes action to support small business, including pubs and local shops, such as a reduction in duty on draft drinks and the reform of business rates to help small business in areas like town centres.”

Olivia Bailey, the Labour MP for Reading West and Mid Berkshire, echoed the assistance the budget provides to the hospitality industry.

She said: “People in Reading West and Mid Berkshire voted for change to stabilise our economy and fix our broken public services.

“And now we’ve started to deliver. We will have thousands more appointments in our local NHS, the teachers and buildings our schools need and significant new investment in SEND.

“Despite the terrible Tory inheritance, this government will honour its promise that working people will not face higher taxes in their payslip.

“And I can’t forget the incredibly exciting news for our local high street businesses, brewers and pubs – with 40 per cent relief on business rates for the retail, hospitality and leisure industry and cheaper draught pints.”

Here, she was referring to the reduction in draught drinks duty by a penny.

Finally, Yuan Yang, the Labour MP for Earley and Woodley said: “In the 2010s we were dragged through austerity, with govt budgets that hit the poorest the hardest.

“Now after 14 years, we finally have a Labour budget that is progressive and lifts up those most in need.”

The Government’s budget must be voted on in Parliament before it becomes law.

The last Labour budget was presented to Parliament in March 2010.

Keep up to date by signing up for our daily newsletter

We don’t spam we only send our newsletter to people who have requested it.

Check your inbox or spam folder to confirm your subscription.

Previous Post

FROM THE LEADER: The future of transport in Reading

Next Post

Plans submitted for flats to be built in Reading supermarket car park

FOLLOW US

POPULAR STORIES

  • Young man and woman attacked by group of teenagers in Reading robbery

    0 shares
    Share 0 Tweet 0
  • Former Reading FC star to be released as free agent by Championship club

    0 shares
    Share 0 Tweet 0
  • Former Reading FC star to become free agent following Championship relegation

    0 shares
    Share 0 Tweet 0
  • Thousands experience power outage in Reading, not expected to be fixed for hours

    0 shares
    Share 0 Tweet 0
  • Popular football YouTuber highlights plight of Reading FC amid ownership crisis

    0 shares
    Share 0 Tweet 0

RDG.Today – which is a Social Enterprise – provides Reading Borough with free, independent news coverage.

If you are able, please support our work

Click Here to Support RDG.Today

ABOUT US

Reading Today is dedicated to providing news online across the whole of the Borough of Reading. It is a Social Enterprise, existing to support the various communities in Reading Borough.

CONTACT US

news@wokinghampaper.co.uk

Reading Today Logo

Keep up to date with our daily newsletter

We don’t spam we only send our newsletter to people that have subscribed

Check your inbox or spam folder to confirm your subscription.

The Wokingham Paper Ltd publications are regulated by IPSO – the Independent Press Standards Organisation.
If you have a complaint about a  The Wokingham Paper Ltd  publication in print or online, you should, in the first instance, contact the publication concerned, email: editor@wokingham.today, or telephone: 0118 327 2662. If it is not resolved to your satisfaction, you should contact IPSO by telephone: 0300 123 2220, or visit its website: www.ipso.co.uk. Members of the public are welcome to contact IPSO at any time if they are not sure how to proceed, or need advice on how to frame a complaint.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • MY AREA
    • Central Reading
    • East Reading
    • Bracknell
    • Calcot
    • Caversham
    • Crowthorne
    • Earley
  • COMMUNITY
  • SPORT
    • Reading FC
    • Football
    • Rugby
    • Basketball
  • ENTERTAINMENT
    • ARTS
    • READING FESTIVAL
    • READING PRIDE
    • WOKINGHAM FESTIVAL
  • PRIDE OF READING
  • OBITUARIES
  • JOBS
  • ADVERTISE
  • CONTACT US
  • SUPPORT US
  • SIGN UP FOR OUR NEWSLETTER
  • WHERE TO GET THE PRINT EDITION

© 2021 - The Wokingham Paper Ltd - All Right Reserved.