CHRIS Vince MP has welcomed today’s Spring Statement, which sets out a “bold vision for economic stability, investment in public services, and support for working people”. he said.

The Chancellor’s announcement confirms that interest rates have now been cut three times, helping local families and businesses struggling with the cost of living. Waiting lists in the NHS have also fallen for five consecutive months, and from next week, three million people—including many in Harlow—will receive a pay rise as the National Living Wage increases.

Speaking about the announcement, Chris Vince said:

“The people of Harlow and the surrounding villages want a government that delivers economic security and a fairer future. The measures announced today will help hardworking families by bringing down inflation, keeping mortgage rates under control, and ensuring that wages rise. After years of economic turmoil, we are getting the economy back on track and making sure working people see the benefits.”
The statement also outlined a major reform of the welfare system to ensure it is sustainable and supports those who need it most.

Chris Vince added:
“I believe in a welfare system that is fair and focused on helping people achieve their potential. The Government is ensuring that those who can work are given the right support to do so, while protecting the most vulnerable. Here in Harlow, I know how important it is to get this balance right, and I will continue to work to ensure our community gets the support it needs.”
Recognising growing global threats, the Government also confirmed a £2.2 billion increase in defence spending next year, alongside new initiatives to boost UK defence innovation and support jobs in the sector.

“Economic security and national security go hand in hand. These measures will strengthen our defences while creating jobs and investment opportunities across the country, including here in Harlow,” Chris Vince said.

The Spring Statement marks the next step in the Government’s long-term plan to rebuild the economy and deliver lasting change. With a focus on stability, investment, and fairness, today’s announcement sets the foundations for a stronger future for Harlow and beyond.