Contributions
1,528 recent contributions in Hansard
HANSARDIMF Economic OutlookThe Chair of the Select Committee is spot on. Instead of talking down our economy, she makes the key point that, despite all those challenges, we had strong growth last year…31 Jan 2023HANSARDIMF Economic OutlookThe right hon. Gentleman talks about tight fiscal monetary policy. We are faced with inflation; it is higher in the UK than in 14 countries in the EU. Inflation is a global…31 Jan 2023HANSARDIMF Economic OutlookThe IMF always stresses the importance of sustainable growth. It is sustainable growth that matters, and, of course, my right hon. Friend is absolutely right: exports are crucial…31 Jan 2023HANSARDIMF Economic OutlookI am pleased to say that there is very colourful support on our Back Benches today. I am sure that there will further pertinent and brilliant questions to come. The hon. Lady…31 Jan 2023HANSARDIMF Economic OutlookWith great respect to my right hon. Friend, who is very consistent on such points, I am bound to point out that, even with the forecast increases, corporation tax will still be…31 Jan 2023HANSARDIMF Economic OutlookI am grateful to the hon. Lady, as ever. Of course she misses out the fact that we have the lowest unemployment for the best part of 50 years. We should all be very proud of that.…31 Jan 2023HANSARDIMF Economic OutlookIt is very far from a unique mess when 14 European Union countries have a higher rate of inflation than we do. That is why we are focused on reducing inflation, which, to be…31 Jan 2023HANSARDIMF Economic OutlookIt would be a pleasure, as ever, to write to my hon. Friend. He mentions countries dependent on gas, but we should be very proud that last year more than 40% of our electricity…31 Jan 2023HANSARDIMF Economic OutlookI did not question the IMF forecast—that is not correct. I simply quoted what the IMF said, that cumulative growth over the 2022 to 2024 period is predicted to be higher than in…31 Jan 2023HANSARDIMF Economic OutlookI am sorry to hear that. I do not know the specific circumstances. Obviously, we want to see strong investment and growth in this country, particularly in manufacturing. I can…31 Jan 2023HANSARDIMF Economic OutlookI am happy to stress, for example, the hugely important Solvency II reforms that we will undertake, which will free up enormous amounts of investment in infrastructure. Of course,…31 Jan 2023HANSARDIMF Economic OutlookMy hon. Friend is an absolute champion. He talks up this country and he is right: the facts back that up and show that we should be optimistic. Of course there are challenges, and…31 Jan 2023HANSARDIMF Economic OutlookWe must deliver growth in every part of the United Kingdom. The hon. Lady knows the work that is happening across Departments on the protocol. I have already mentioned energy…31 Jan 2023HANSARDIMF Economic OutlookThe hon. Lady makes a very good substantive economic point, which is that when inflationary pressures are higher, as they are at the moment, it is discretionary consumption that…31 Jan 2023HANSARDIMF Economic OutlookMy hon. Friend is absolutely right. I spoke about high-growth sectors; one of the ways those sectors drive up sustainable growth is through R&D. That is incredibly important. The…31 Jan 2023HANSARDIMF Economic OutlookOn the contrary, the whole point of why we mention the pandemic is not to say that we are the only country affected, but to explain the global headwinds that we face as a country.…31 Jan 2023HANSARDIMF Economic OutlookMy right hon. Friend speaks with great expertise as both a former Secretary of State and a Select Committee Chair, and he is absolutely right. Whatever forecasts say, we have a…31 Jan 2023HANSARDIMF Economic OutlookThe hon. Gentleman knows there is enormous benefit to Wales from being part of the United Kingdom. I have set out the many ways that we are boosting this country, and I gave the…31 Jan 2023HANSARDWagner Group: Sanctions RegimeTo be clear, we do not make any of these decisions with prejudice to the legal case that the individual is pursuing. They have a right under our law to have legal representation.…25 Jan 2023HANSARDWagner Group: Sanctions RegimeThis is not a loophole in relation to the Wagner Group. We are clear on all the issues about the Wagner Group. We have acted against it in so much as it is part of the military…25 Jan 2023