Thanks to our Labour decisions, we’re offering breathing space today and fresh hope for the future at today’s budget

Here are the some of the main announcements from today ๐Ÿ‘‡

โ›ฝ ๐—™๐—ฟ๐—ฒ๐—ฒ๐˜‡๐—ถ๐—ป๐—ด ๐—ณ๐˜‚๐—ฒ๐—น ๐—ฑ๐˜‚๐˜๐˜†, helping motorists with the cost of getting to work, running a business and supporting their families.

๐Ÿ  Giving millions of households ยฃ๐Ÿญ๐Ÿฑ๐Ÿฌ ๐—ถ๐—ป ๐—ฒ๐—ป๐—ฒ๐—ฟ๐—ด๐˜† ๐—ฏ๐—ถ๐—น๐—น ๐˜€๐˜‚๐—ฝ๐—ฝ๐—ผ๐—ฟ๐˜, alongside extending the VAT cut on electricity bills and cutting council tax for around 42,840

properties in Oldham West, Chadderton & Royton.

๐Ÿ’ท ๐—œ๐—ป๐—ฐ๐—ฟ๐—ฒ๐—ฎ๐˜€๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ก๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—Ÿ๐—ถ๐˜ƒ๐—ถ๐—ป๐—ด ๐—ช๐—ฎ๐—ด๐—ฒ ๐—ฏ๐˜† ๐Ÿฏ.๐Ÿต% ๐˜๐—ผ ยฃ๐Ÿญ๐Ÿฏ.๐Ÿฎ๐Ÿฌ ๐—ฎ๐—ป ๐—ต๐—ผ๐˜‚๐—ฟ for workers aged 21 and over, with the minimum wage for 18โ€“20-year-olds rising to ยฃ11.27 an hour from April 2027.

๐Ÿš— ๐—–๐—”๐— ๐—ฃ๐—”๐—œ๐—š๐—ก ๐—ช๐—œ๐—ก: ๐—บ๐—ฎ๐—ธ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐Ÿฑ๐Ÿฑ๐—ฝ ๐—ฎ ๐—บ๐—ถ๐—น๐—ฒ ๐˜๐—ฎ๐˜…-๐—ณ๐—ฟ๐—ฒ๐—ฒ ๐—บ๐—ถ๐—น๐—ฒ๐—ฎ๐—ด๐—ฒ ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ฝ๐—ฒ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฒ๐—ป๐˜ ๐—ณ๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐—ณ๐—ถ๐—ฟ๐˜€๐˜ ๐Ÿญ๐Ÿฌ,๐Ÿฌ๐Ÿฌ๐Ÿฌ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—บ๐—ถ๐—น๐—ฒ๐˜€, while increasing the rate above 10,000 miles from 25p to 35p. This will help employees and self-employed people who use their own vehicles for work, including care workers and tradespeople, thanks to campaign work I was a part of alongside Unison & the RAC Foundation.

๐Ÿช Small business relief by taking around ๐Ÿณ๐Ÿฌ,๐Ÿฌ๐Ÿฌ๐Ÿฌ ๐—บ๐—ผ๐—ฟ๐—ฒ ๐—ฟ๐—ฒ๐˜๐—ฎ๐—ถ๐—น, ๐—ต๐—ผ๐˜€๐—ฝ๐—ถ๐˜๐—ฎ๐—น๐—ถ๐˜๐˜† ๐—ฎ๐—ป๐—ฑ ๐—น๐—ฒ๐—ถ๐˜€๐˜‚๐—ฟ๐—ฒ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€๐—ฒ๐˜€ ๐—ผ๐˜‚๐˜ ๐—ผ๐—ณ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ฎ๐—น๐˜๐—ผ๐—ด๐—ฒ๐˜๐—ต๐—ฒ๐—ฟ, supporting our high streets and the businesses at the heart of our communities. This will mean around 55% of all eligible retail, hospitality and leisure properties in the North West will pay no business rates at all.

๐Ÿ‡บ๐Ÿ‡ฆ๐Ÿ‡ฌ๐Ÿ‡ง ๐—ฆ๐˜‚๐—ฝ๐—ฝ๐—ผ๐—ฟ๐˜๐—ถ๐—ป๐—ด ๐—จ๐—ธ๐—ฟ๐—ฎ๐—ถ๐—ป๐—ฒ ๐—ถ๐—ป ๐—ถ๐˜๐˜€ ๐—ณ๐—ถ๐—ด๐—ต๐˜ ๐—ฎ๐—ด๐—ฎ๐—ถ๐—ป๐˜€๐˜ ๐—ฅ๐˜‚๐˜€๐˜€๐—ถ๐—ฎ๐—ป ๐—ฎ๐—ด๐—ด๐—ฟ๐—ฒ๐˜€๐˜€๐—ถ๐—ผ๐—ป, while investing in the UKโ€™s own defence capabilities and national security through our fully funded Defence Investment Plan.

๐Ÿ™๏ธ ๐—š๐—ถ๐˜ƒ๐—ถ๐—ป๐—ด ๐—น๐—ผ๐—ฐ๐—ฎ๐—น ๐—น๐—ฒ๐—ฎ๐—ฑ๐—ฒ๐—ฟ๐˜€ ๐—ด๐—ฟ๐—ฒ๐—ฎ๐˜๐—ฒ๐—ฟ ๐—ฐ๐—ผ๐—ป๐˜๐—ฟ๐—ผ๐—น ๐—ผ๐˜ƒ๐—ฒ๐—ฟ ๐—น๐—ผ๐—ฐ๐—ฎ๐—น ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ๐˜€, with plans for mayors to retain a share of income tax from April 2028 and for councils and strategic authorities to retain more business-rates revenue from April 2027. This will help local areas invest in their own priorities.

๐Ÿจ ๐— ๐—ฎ๐˜†๐—ผ๐—ฟ๐˜€ ๐—ด๐—ฒ๐˜๐˜๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ผ๐—ฝ๐˜๐—ถ๐—ผ๐—ป ๐˜๐—ผ ๐—ถ๐—ป๐˜๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐—ฒ ๐—ฎ๐—ป ๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ป๐—ถ๐—ด๐—ต๐˜ ๐˜ƒ๐—ถ๐˜€๐—ถ๐˜๐—ผ๐—ฟ ๐—น๐—ฒ๐˜ƒ๐˜†, allowing local areas to reinvest revenue in public spaces, transport, cultural attractions and the visitor economy. Decisions on introducing a levy will be made locally.

๐Ÿก Investing ยฃ๐Ÿฐ.๐Ÿณ ๐—ฏ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป ๐—ถ๐—ป ๐—ผ๐˜‚๐—ฟ ๐—ป๐—ฒ๐˜„ โ€˜๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—™๐—ถ๐—ฟ๐˜€๐˜ ๐—›๐—ผ๐—บ๐—ฒโ€™ ๐˜€๐—ฐ๐—ต๐—ฒ๐—บ๐—ฒ, helping first-time buyers get on the property ladder with deposits as low as 2.5%. The scheme will be targeted at those who need help most, with household income caps and local property price limits.

๐Ÿฅ‡ ๐—•๐—ฎ๐—ฐ๐—ธ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ก๐—ผ๐—ฟ๐˜๐—ต๐—ฒ๐—ฟ๐—ป ๐—ข๐—น๐˜†๐—บ๐—ฝ๐—ถ๐—ฐ๐˜€ feasibility study to explore the case for a Northern multi-city Olympic bid in the 2040s.

๐Ÿ“Š Maintaining ๐—ณ๐—ถ๐˜€๐—ฐ๐—ฎ๐—น ๐—ฑ๐—ถ๐˜€๐—ฐ๐—ถ๐—ฝ๐—น๐—ถ๐—ป๐—ฒ, the bedrock of our economy, building on it through the 10-Year Plan and the Spending Review, as we turn the corner on years of Tory austerity and Liz Truss crashing the economy.

Conflict in the Middle East & Europe is hitting people here, but we aren’t powerless. Why can we take these decisions? Because our plan is working:

โœ… Fastest economic growth in the G7 in the first half of 2026.

โœ… Praised by the IMF as a standout for taking decisive action to reduce our debt & budget deficit.

โœ… Already delivered ยฃ16 billion in efficiency savings and productivity gains, including ยฃ1 billion in asylum cost savings.

This is about more than just short-term support. Itโ€™s about giving families and businesses the breathing space now, strengthening our economy and creating the conditions for better-paid work, stronger communities and a more secure future in places like Oldham West, Chadderton & Royton.

We know there is more to do but by tackling the immediate pressures people face and investing in the big changes our country needs, we are putting Britain on a better course.

Published by JimfromOldham

Labour and Co-operative MP for Oldham West & Royton

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