Contributions
577 recent contributions in Hansard
HANSARD Budget Responsibility BillMadam Deputy Speaker, congratulations on your election. Let me take my first opportunity to congratulate the right hon. and hon. Members in the new Treasury ministerial team, who…30 Jul 2024HANSARD Budget Responsibility BillWe support the OBR. I have been clear on that. We created the OBR, so to suggest that we do not support it is incorrect. I would just pull the hon. Member up on some economic…30 Jul 2024HANSARD Food SecurityIn setting out our concerns, my right hon. Friend speaks not just for South Holland and The Deepings, but for the whole of Lincolnshire. Just before the general election, a…30 Jul 2024HANSARDTreasuryThose thresholds are currently $74.21 per barrel for oil and 57p per therm for gas, and are based on a 20-year historical average to the end of 2022 —before higher energy prices…24 May 2024HANSARDTreasuryCurrent oil and gas prices are higher than normal, and OBR projections indicate that high prices will persist over the next five years. The ESIM is a mechanism that switches off…24 May 2024HANSARDFinance (No. 2) BillI am grateful for the comments from Opposition Members. I think we all agree that we want to tackle these issues in the most serious way possible, with the most force. I am…21 May 2024HANSARDFinance (No. 2) BillThis is designed specifically to fill a gap that was previously or currently filled by things such as Jersey property investment trusts. Where there are unauthorised,…21 May 2024HANSARDFinance (No. 2) BillI am always grateful to see the hon. Member for Hampstead and Kilburn in her place in opposition in these forums, and I appreciate her comments. I will first set out the…21 May 2024HANSARDFinance (No. 2) BillIt is a great pleasure, as always, to see you in the Chair, Mrs Latham. Clause 20 begins the process of introducing legislation for a new type of investment fund—the reserved…21 May 2024HANSARDFinance (No. 2) BillClause 21 increases the economic anti-money laundering levy for very large firms, meaning firms regulated for anti-money laundering purposes and which have UK revenue greater than…21 May 2024HANSARDFinance (No. 2) BillAs I said, it is a long-term ambition. It is right for a party that is serious about governing to set a direction for the country. I know it is an unusual idea for the hon.…08 May 2024HANSARDFinance (No. 2) BillWe agree. We want taxes to come down, but we are not going to announce tax decisions from this Dispatch Box outside fiscal events. It is clear for all to see that this…08 May 2024HANSARDFinance (No. 2) BillIt is neither unusual nor incorrect for a Government, or any party, to set out a long-term ambition to let the public know where we stand on taxation and what we want to see in…08 May 2024HANSARDFinance (No. 2) BillI will give the hon. Lady the courtesy of addressing new clause 7 in due course. She is right to highlight that the new rate for small businesses will keep around 70% of…08 May 2024HANSARDFinance (No. 2) BillI was waiting for a four-hour speech and it never came—that was four minutes, but what a four minutes! Let me thank hon. Members for their contributions to today’s debate. I will…08 May 2024HANSARDFinance (No. 2) BillWe now move on to debate clauses 12, 13 and 19. Before I delve into the detail of the clauses, however, let me first briefly set out how they fit into this Finance Bill. The…08 May 2024HANSARDSmall Businesses: Fiscal SupportSmall businesses drive our economy, and we support them to thrive using levers across Government, whether through our small business rates relief, by increasing the VAT…07 May 2024HANSARDSmall Businesses: Fiscal SupportMy right hon. Friend is right that in the autumn statement the Government extended retail, hospitality and leisure relief in England, essentially to cut tax for 230,000…07 May 2024HANSARDSmall Businesses: Fiscal SupportAs I was saying, we have a 75% relief for most high street businesses. I encourage the hon. Lady to look at the package as a whole. We have increased the VAT threshold, bringing…07 May 2024HANSARDSmall Businesses: Fiscal SupportI know that my hon. Friend is a great champion of all businesses in Morley and across Leeds because I have seen it at first hand. I point out to her as well that the Government…07 May 2024