Contributions
1,299 recent contributions in Hansard
HANSARDThe Growth PlanThe childcare issue has been raised many times and I am looking forward to a subsequent statement from my right hon. Friend the Secretary of State for Education. That is clearly…23 Sept 2022HANSARDThe Growth PlanMy statement announced measures to help people across the income scale. We are very focused on growth. What I said is that we should not indulge in a fight on redistributing…23 Sept 2022HANSARDThe Growth PlanMy hon. Friend is absolutely right; I pay tribute to his service as Science Minister when I was Secretary of State for BEIS. We worked closely together then and I hope that we can…23 Sept 2022HANSARDThe Growth PlanWhat will end in tears are high taxes, high spend and very low growth, and that is exactly the iron circle that we are trying to break.23 Sept 2022HANSARDThe Growth PlanWe are absolutely looking at the childcare issue, and I am sure one of my Cabinet colleagues will update the House on that; we are talking about the heating oil intervention; and…23 Sept 2022HANSARDThe Growth PlanAbsolutely. My hon. Friend will understand that, historically, we have managed to get out of high periods of debt by growing our economy. That is why we have a renewed focus on…23 Sept 2022HANSARDThe Growth PlanThe markets will react as they will, but the growth plan will soon show that we are on the right course and that we are steering us to a more prosperous future.23 Sept 2022HANSARDThe Growth PlanMy right hon. Friend the Secretary of State for Business, Energy and Industrial Strategy is looking at the heating oil issue and we will come to a decision on Northern Ireland…23 Sept 2022HANSARDThe Growth PlanWe have looked at that in the past. It was not without controversy, but I would be happy to hear my hon. Friend’s ideas on the subject.23 Sept 2022HANSARDThe Growth PlanIt is a very basic lesson. We currently tax bonuses at about 50%, which goes into public services. It is absolutely legitimate to get more people into the labour market. That…23 Sept 2022HANSARDThe Growth PlanMy hon. Friend is absolutely right. Because of careful stewardship of the public finances, we can withstand the exogenous shocks represented by covid-19 and Russia’s invasion of…23 Sept 2022HANSARDThe Growth PlanI reject that. The hon. Gentleman will know that, when I was Secretary of State for Business, Energy and Industrial Strategy, I was very focused on bringing the renewables pot to…23 Sept 2022HANSARDThe Growth PlanAbsolutely. There is no reason why we cannot have lots of different investment zones dotted around in lots of areas of the country. The Secretary of State for Levelling Up,…23 Sept 2022HANSARDThe Growth PlanMy hon. Friend will appreciate that as the Secretary of State at BEIS, I was very focused on energy intensive industries. I did engage Treasury colleagues then, and now that I am…23 Sept 2022HANSARDThe Growth PlanThe focus is on growth. As my hon. Friend the Member for North Norfolk (Duncan Baker) said, our net debt to GDP ratio is low compared with other countries in the G7. We are 100%…23 Sept 2022HANSARDThe Growth PlanI am not sure there was a question. We have to focus on growth. Through growth we get more tax revenue to pay for public services. That is a fundamental notion and that is what we…23 Sept 2022HANSARDThe Growth PlanYnys Môn has a fantastic Member of Parliament in my hon. Friend, and we are focused not only on freeports, but on the future of nuclear. Ynys Môn represents a hugely exciting…23 Sept 2022HANSARDThe Growth PlanMy hon. Friend is absolutely right. There is a huge pool of talent that needs to be brought into the labour market. Every Government, and our Government in particular, should be…23 Sept 2022HANSARDThe Growth PlanNo, I think it is perfectly sane to want to grow the British economy by creating incentives. The Barber boom—the right hon. Lady is a student of history—was driven primarily by…23 Sept 2022HANSARDThe Growth PlanIt is always our duty to help the most vulnerable in society. That is why we have had the energy intervention and the covid-19 pandemic intervention. It is also incumbent on the…23 Sept 2022