Contributions
1,763 recent contributions in Hansard
HANSARDSmall BusinessesThe Treasury team love pubs, and we recognise the importance of pubs to the economy and to community life up and down this country; they provide a place to socialise and drink…11 Feb 2020HANSARDSmall BusinessesThe UK’s 5.8 million small businesses play a vital role in our economy. We have lowered corporation tax from 28% in 2010 to 19%. We have introduced the employment allowance, to…11 Feb 2020HANSARDCo-operative and Mutual Businesses: Tax ContributionI always listen very carefully to what my hon. Friend says. I think the best way forward would be for me to meet him to discuss his specific proposals and see what can be done.11 Feb 2020HANSARDAndrey Lugvoy and Dmitri Kovtun Freezing Order 2020I beg to move, That the Committee has considered the Andrey Lugovoy and Dmitri Kovtun Freezing Order 2020 (S.I. 2020, No. 36). May I say what a pleasure it is to serve under your…10 Feb 2020HANSARDAndrey Lugvoy and Dmitri Kovtun Freezing Order 2020I am certainly very happy to look at that matter and write to my hon. Friend with clarification as soon as possible. I have responded to the questions as best I can; I recognise…10 Feb 2020HANSARDAndrey Lugvoy and Dmitri Kovtun Freezing Order 2020The hon. Gentleman will be well aware that those matters are broader than what we are discussing this afternoon. I certainly recognise the Government’s commitment to legislating…10 Feb 2020HANSARDAndrey Lugvoy and Dmitri Kovtun Freezing Order 2020I think the Government have made their position clear. It will be for the new Committee, once constituted, to determine the timings. My hon. Friend the Member for Congleton made…10 Feb 2020HANSARDAndrey Lugvoy and Dmitri Kovtun Freezing Order 2020I am grateful to Members from across the Committee for their support for the new order. I will come to address the points made, but we should focus on the key point here. Absent…10 Feb 2020HANSARDProblem Debt: Breathing SpaceThe Government are establishing breathing space to help those individuals in problem debt. Today, the Government are updating the House in order to reaffirm our commitment to…06 Feb 2020HANSARDCounter-Terrorism Asset Freezing RegimeUnder the Terrorist Asset-Freezing etc. Act 2010 (TAFA 2010), the Treasury is required to prepare a quarterly report regarding its exercise of the powers conferred on it by Part 1…04 Feb 2020HANSARD Lloyds, HBOS and the Cranston ReviewMy hon. Friend makes a powerful point, which goes to the core of this matter. The Cranston review points to the fact that we now have a higher bar of expectations in terms of how…04 Feb 2020HANSARDBilateral Loan to IrelandI would like to update Parliament on the loan to Ireland. In December 2010, the UK agreed to provide a bilateral loan of £3.2 billion as part of a €67.5 billion international…04 Feb 2020HANSARD Lloyds, HBOS and the Cranston ReviewI will in a moment. The aforementioned Business Banking Resolution Service opened to expressions of interest last November, ahead of its full launch later this year. Meanwhile,…04 Feb 2020HANSARD Lloyds, HBOS and the Cranston ReviewIt is a pleasure to serve under your chairmanship again, Mr Hollobone. I, too, pay tribute to my hon. Friend the Member for Thirsk and Malton (Kevin Hollinrake). Obviously, in…04 Feb 2020HANSARD Lloyds, HBOS and the Cranston ReviewI will just make my next point, then I will give way to my hon. Friend. My hon. Friend the Member for Thirsk and Malton asked about the appropriateness of the Financial Conduct…04 Feb 2020HANSARDDraft Public Bodies (Abolition of Public Works Loan Commissioners) Order 2019All these matters are subject to ongoing review. There is no evidence that the rate is depleting the ability of local authorities to borrow to invest in the sorts of projects that…03 Feb 2020HANSARDDraft Public Bodies (Abolition of Public Works Loan Commissioners) Order 2019I am keen to respond to the points made by the hon. Members for Stalybridge and Hyde, and for Glenrothes. I stress, as I did in my opening remarks, that the order removes a purely…03 Feb 2020HANSARDDraft Public Bodies (Abolition of Public Works Loan Commissioners) Order 2019I beg to move, That the Committee has considered the draft Public Bodies (Abolition of Public Works Loan Commissioners) Order 2019. It is a pleasure to serve under your…03 Feb 2020HANSARDDraft Public Bodies (Abolition of Public Works Loan Commissioners) Order 2019The process is more effective in so far as the ceremonial role, which did not meaningfully alter any decisions on the ground, is transferred to the Treasury. There, we can ensure…03 Feb 2020HANSARDDraft Public Bodies (Abolition of Public Works Loan Commissioners) Order 2019It is helpful to put this in context. The rate was a function of the prevailing gilt rates last year, and the change brought it back to the level of the previous year, so we…03 Feb 2020