Harlow MP Robert Halfon praises Chancellor’s Spring Budget

Business / Thu 7th Mar 2024 at 01:37pm

YESTERDAY, the Chancellor of the Exchequer, Jeremy Hunt, unveiled plans to cut National Insurance and extend child benefit as part of his Spring Budget. Alongside an extra £20 million to regenerate and rebuild Harlow, local MP, Robert Halfon, says this budget delivers for hardworking Harlow people. 

Last year, the Prime Minister set out his key pledges to halve inflation, reduce the debt, and grow the economy, and this budget builds on that by cutting the cost of living, protecting the NHS and building an even better Harlow. 

Robert Halfon and fellow Essex MPs

Commenting on the Spring Budget, Mr Halfon said, “This is a budget that redistributes money from those with the broadest shoulders to cut the cost of living for lower earners by extending the windfall tax on energy companies and removing the non-dom tax benefits. 

This is a budget that cuts the cost of living due to a further 2% cut to National Insurance saving Harlow residents £900 this year, continuation of the fuel duty freeze and the extension of child benefits offering free childcare to even more hardworking Harlow residents. The budget builds an even better Harlow with an extra £20 million for the renewal of our town on top of what we have already secured. 

“I have always worked hard to build an even better Harlow, cut the cost of living and to protect our NHS. This is a budget for hardworking Harlow families and shows that, with inflation falling, our economy is back on track.

The key measures include: 

Building an even better Harlow 

  1. An extra £20 million endowment-style funding to rebuild and regenerate Harlow in the Government’s Long-Term Plan for Towns. 
  2. This huge funding boost comes on top of the £20 million Levelling Up Fund and the £23.7 million Towns Fund both awarded to Harlow over the past two years following successful lobbying by Mr Halfon.

Cutting the Cost of Living 

  1. Another 2% National Insurance cut – the second in six months – will save the average Harlow worker a further £450 this year, taking the total saving to £900 meaning hardworking Harlow people will keep more of the money they earn. 
  2. Boosting child benefits by increasing the threshold to £60,000 and halving the rate at which it is repaid – representing a £1,260 boost for hundreds of Harlow families. 
  3. Extending the Household Support Fund by a further six months to support the most vulnerable Harlow households with the cost of everyday essentials. 
  4. Keeping fuel duty low and saving motorists £50 at the pumps next year, thanks to the previous 5p cut and a further 12-month fuel duty freeze. 
  5. Backing British pubs once again by freezing alcohol duty freeze until 2025, helping 38,000 pubs across the UK.

Protecting our NHS

  1. Greater funding and reform to the NHS with and extra £2.45 billion for the next year and a new £3.4 billion productivity plan. 
  2. Saving money for NHS Harlow, freeing up clinicians’ times to focus on Harlow patients and cutting waiting times for Harlow residents. All part of the plan to deliver the Government’s plan to deliver an even better NHS. 
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15 Comments for Harlow MP Robert Halfon praises Chancellor’s Spring Budget:

2024-03-07 13:53:31

He also praised Truss and Boris, we all saw how that ended. He seems to have a blind spot with his judgement.

gary roberts
2024-03-07 14:07:51

Does anyone think Halfon would describe the budget as a disaster? Another photo shoot is impressive: isn't it?

2024-03-07 14:19:08

Nothing for pensioners or the poorest workers except paying more and more income tax, as thresholds are not raised, give with one take with the other.

2024-03-07 14:36:54

Sandy. The pensioners got a 10.5 % rise last year , and a 8.5% rise this year . Don't be greedy.

John Davis
2024-03-07 14:57:42

Crumbling schools, crumbling prisons, crumbling hospitals. Winter-frozen pensioners, hungry children, hungry adults. Three million people surviving on foodbanks – generation heat-or-eat. Rivers full of sewage, roads full of potholes, borders full of chaos. Patients dying in a treatment queue, people in agony in a dentist queue. The NHS in crisis, the care sector in collapse. Police ignoring crimes, MPs ignoring laws. No massive HS2 extension, just a massive cost and a massive national debt. Care homes starved of workers, services starved of cash, people starved of hope. Tory cronies stuffed into the Lords, taxpayer cash stuffed into Tory donors. The rich, richer. The poor, poorer. Fourteen years of austerity and neglect, lies and chaos, corruption and deceit. Fourteen years of in-fighting and back stabbing. Fourteen years in power. Broken Tory Brexit Britain.

2024-03-07 16:26:01

Can Your Harlow please make at clear at the top of an article like this that you are just reprinting Robert's press release spin. The budget was a total denial of reality. Robert and his party are pretending that budget increases can be held at 1% a year for the next four years despite all the inflation pressures. They are also saying they are going to cut capital spending by almost 10% over the same period - that means big cuts to repair budgets for schools, hospitals etc - and no new buildings. If Robert believes that budget forecasts are true, then he has to be honest with us and say that we are facing another severe round of austerity. The local council needs to be honest too - no council tax increases despite the govt cutting grants to local authorities by almost half over the last 10 years - really!! What are they going to cut to deliver that promise?

2024-03-07 16:42:58

Eddie, have you forgotten that in 2022 the govt reneged on its triple lock election promise

2024-03-07 17:45:12

Pete . Yes I do remember, as I have been a pensioner since 2018. But you must also remember when working people were being paid furlough money , we were warned that payback time would come.

2024-03-07 19:39:34

Eddie, you are absolutely correct about furlough but I don't recall the triple lock promise being conditional

2024-03-07 21:25:35

I’ve been a pensioner for 13 years, and although I agree, that we’ve had some good cost if living rises, what a lot of people tend to forget, is that we have paid for that pension, through National Insurance, unlike some of the population now days, who find it easier not to work. Also by not increasing the Personal Allowance, the government is eating into my Company Pension, which I also paid into, instead of expecting the state to provide for me in my old age.

2024-03-08 08:05:12

Tony. I agree with you , but I feel all our high taxes are many due to having to payback the furlough money that was dished out, even though pensioners did not get any. I believe only one country far away can be blamed for this problem

2024-03-08 08:13:57

The trouble is Tony that's not the way it works. When you were paying national insurance, it was a tax that paid for the pensioners at that time - your payments didn't go into a saving pot that was kept aside for you. When you were working there were a lot more younger workers that older pensioners. There are now fewer 15-20 year olds in this country than 55-60 year olds and people live a lot longer. So fewer people paying taxes that have to pay for a bigger older population who live longer. I'm not arguing that pensions should be cut, just that we and our politicians need to be honest about how the money works.

James Gamble
2024-03-08 12:22:47

This budget is for the higher paid. Those on £45,000 pa will gain £900 pa. But not many are on that salary.

James Gamble
2024-03-08 13:21:16

Because the tax threshold has been frozen the low paid are worse off. Mr Halfon makes no mention of this fact

2024-03-09 07:30:08

Steve. I do apologise for myself and all pensioners for living longer. Don't forget National Insurance costs paid for the NHS and job seekers allowance , and child benifits , which i imagine your parents took full advantage of, my parents did not get it. But some of the youth of today know the system and can survive without having to work. So your NI contributions are paying for them which you don't mention , and also my taxes.

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