Contributions
1,533 recent contributions in Hansard
HANSARDTax on Imports under £135My Lords, VAT is already due on all imports into the UK. The Government are reviewing the customs arrangements for imports under £135 and are exploring the merits of reform to the…14 Jul 2025HANSARDTax on Imports under £135I think that is a fair definition of that phrase, yes.14 Jul 2025HANSARDTax on Imports under £135We have just completed a zero-based review of the whole of government spending. If the noble Lord has areas of spending that he would like to cut, I am very happy to hear them.14 Jul 2025HANSARDTourism LevyI do not know the position on that. I will happily check and write to the noble Baroness.14 Jul 2025HANSARDTourism LevyI am grateful to the noble Earl for his question but, at the risk of repeating myself, we have been engaging with stakeholders to understand their proposals, and we will continue…14 Jul 2025HANSARDTourism LevyI am grateful to my noble friend for his question. As he says, there are devolved Administrations who have proposals in this regard. We have been engaging with them to understand…14 Jul 2025HANSARDTourism LevyI do not know what tourism tax the noble Lord is talking about because, as I think I have made clear, we have no plans to introduce what he is describing. He talked about the…14 Jul 2025HANSARDTourism LevyThe noble Lord is talking about something that, again, we have no present plans to introduce.14 Jul 2025HANSARDTourism LevyThe noble Baroness rightly talks about the importance of the visitor economy. The Tourism Minister has set a goal to grow inbound tourism to 50 million visitors annually by 2030.…14 Jul 2025HANSARDTax on Imports under £135I know this is something that is close to my noble friend’s heart, and he has made those points to me several times. As I have said before, I am happy to take that as a Budget…14 Jul 2025HANSARDTax on Imports under £135Again, I am very happy to take that as a Budget representation. As the noble Lord knows, we keep all taxes under review, but I will not be speculating on the next Budget.14 Jul 2025HANSARDTax on Imports under £135The noble Lord is very kind in trying to get me to speculate on the Budget, but that is something that I am not going to do. I will not be giving a running commentary on the…14 Jul 2025HANSARDTourism LevyAs I said, the Government announced significant place-based funding in the spending review. Part of that MHCLG funding was targeted specifically at helping homeless people.14 Jul 2025HANSARDTax IncreasesMy noble friend is right to point out the long-standing and long-term challenges that we face in fiscal policy. As the noble Lord opposite said, the OBR set out some long-standing…10 Jul 2025HANSARDPrimary Stock Exchange ListingsMy Lords, the Government want to see high-growth companies start, scale, list and stay in the UK. Current market sentiment is challenging, but the UK remains the top destination…10 Jul 2025HANSARDPrimary Stock Exchange ListingsI am grateful to the noble Baroness for her question. The Government recognise, as she did, that the UK’s equity markets have faced challenges in recent years, but that is not a…10 Jul 2025HANSARDPrimary Stock Exchange ListingsMy noble friend is absolutely right on the importance of capital for start-ups and how we can enable them to scale up. It is why in the industrial strategy and the spending review…10 Jul 2025HANSARDPrimary Stock Exchange ListingsI thank my noble friend for his question, and I pay tribute to his expertise in this area; I know it is something he is deeply passionate about. He speaks about the importance of…10 Jul 2025HANSARDPrimary Stock Exchange ListingsI commend the noble Lord for knowing more about government policy than I do. He talks about those companies listing abroad. It is interesting, just to look at some evidence, that…10 Jul 2025HANSARDTax IncreasesThe noble Lord is absolutely correct that there are financial consequences to the decisions that have been taken, but he will not be surprised to know that I will not speculate on…10 Jul 2025