Burnley MP Oliver Ryan has welcomed Rachel Reeves’ Autumn Budget, stating that it delivers concrete help with the cost of living, reduces NHS waiting times, and puts the economy on a more stable footing for the long-term.

The Budget, he says, sets out clear action to support families in Burnley by cutting household bills, protecting public services, and investing in the NHS, without returning to austerity or reckless borrowing.

Key measures include £150 off average energy bills, a freeze on rail fares and prescription charges, and lifting two-child benefit cap, taking hundreds of thousands of children out of poverty. In Burnley, 5,170 children will benefit from the lift. As part of an increase in funding for breakfast, Pendle Primary Academy has received funding for a breakfast club.

Together, these measures are designed to ease everyday pressures for households across Burnley at a time when costs remain stubbornly high.

Burnley MP Oliver Ryan has welcomed the Autumn Budget

placeholder image — Burnley MP Oliver Ryan has welcomed the Autumn Budget

Also announced is widespread Business rate reform, by introducing permanently lower tax rates for eligible retail, hospitality and leisure properties. 1,450 RHL properties in Burnley.

The Budget delivers a pay raise for the lowest earners, boosts pensions through the triple lock, and includes a further roll-out of neighbourhood health services to bring care closer to communities.

Crucially, the Chancellor confirmed that government borrowing should fall year on year, helping to keep interest rates down and ease pressure on mortgage holders and renters alike.

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Mr Ryan said: “This is a hugely positive Budget for our area. It tackles the cost of living head-on – cutting energy bills by £150, freezing fuel duty and rail fares, and boosting the state pension by £550, above inflation. These are real, practical changes that will be felt in people’s pockets.

“Lifting the two-child benefit cap will benefit 5,170 children locally, helping families with the basics and giving more children the fair start they deserve. This is a Labour Budget focused on delivery – cutting bills, raising incomes, investing in the NHS – making changes people will actually feel.’

The MP added that Labour’s approach stands in clear contrast to proposals from the Conservatives and Reform UK, which would mean deep cuts to public services that communities like Burnley rely on.

The Budget has also seen the biggest single drop in UK government gilt rates on budget day in over 20 years.