Contributions
1,178 recent contributions in Hansard
HANSARDFinancial Services Sector: Support Post BrexitMr Speaker, I did check that my Department still exists before coming along today, and you will be pleased to know that the great ship of state that is the Treasury sails serenely…07 Feb 2023HANSARDFinancial Services Sector: Support Post BrexitI am very happy to do that for my hon. Friend. The flexibilities that we have since leaving the EU mean that we are able to do the Solvency II reforms, which mean that potentially…07 Feb 2023HANSARDFinancial Services Sector: Support Post BrexitWe have taken enormous trouble in our Edinburgh reforms package to make sure that we learn the lessons of the 2008 financial crash, but I would say to the hon. Member that…07 Feb 2023HANSARDEconomy: Impact of UK Withdrawal from EUBusy day for me. With permission, I would like to answer this with question 16. Leaving the EU has enabled the UK to realise an array of economic opportunities—not just the…07 Feb 2023HANSARDEconomy: Impact of UK Withdrawal from EUThank you for correcting me, Mr Speaker.07 Feb 2023HANSARDEconomy: Impact of UK Withdrawal from EUAll I would say is that, if Labour really are against Brexit, they should have the courage of their convictions and say they want to re-join the EU. That is the problem: because…07 Feb 2023HANSARDEconomy: Impact of UK Withdrawal from EUMy hon. Friend is a formidable advocate for that sector and I do want to give him that reassurance. That is why we protected our R&D budget in the autumn statement at its highest…07 Feb 2023HANSARDEconomy: Impact of UK Withdrawal from EUFirst, I congratulate my hon. Friend on his extraordinary campaigning for Eden Project North, which is a model for MPs standing up for their constituencies; he deserves huge…07 Feb 2023HANSARDLower-income HouseholdsIn the next financial year there will be a number of measures to help households with the lowest incomes, including a £900 cost of living payment, a 10.1% increase in benefits in…07 Feb 2023HANSARDLower-income HouseholdsMy hon. Friend is entirely right. It is because we took difficult decisions to reduce the deficit by 80% in the period leading up to the pandemic that we were able to allocate…07 Feb 2023HANSARDLower-income HouseholdsThat is exactly why we are taking difficult decisions to give this country a high-skill, high-wage economy—measures that the Scottish National party opposed at every step.07 Feb 2023HANSARDTopical QuestionsTen days ago, I announced the four pillars of our plan to transform productivity and make the UK one of the most prosperous countries in Europe. They all begin with the letter…07 Feb 2023HANSARDTopical QuestionsI can tell the hon. Lady that, since 2010, no Member of Parliament has been allowed to benefit from non-dom status.07 Feb 2023HANSARDTopical QuestionsI am glad that the right hon. Lady asked about windfall taxes, because our plans raise more money than she was advocating in the autumn, and they are also balanced and fair.…07 Feb 2023HANSARDTopical QuestionsNo, Mr Speaker. The total tax take from that sector is £80 billion over five years, which is more than the entire cost of funding the police force. The shadow Chancellor can play…07 Feb 2023HANSARDTopical QuestionsI discussed this issue with my right hon. Friend when she was the Secretary of State for Work and Pensions. I would be delighted to engage with her further ahead of the Budget to…07 Feb 2023HANSARDTopical QuestionsWhat I can confirm is that there will be no tax cuts funded by borrowing. I can also confirm that those of us on this side of the House, unlike those on the hon. Member’s side,…07 Feb 2023HANSARDTopical QuestionsI gently say to the hon. Lady that there has been less poverty and inequality under this Government. We demonstrated that in the autumn statement, with a huge package of…07 Feb 2023HANSARDTopical QuestionsThe economic advisory council has met, I believe, three times. I will write to my right hon. Friend with the details of what was discussed.07 Feb 2023HANSARDTopical QuestionsMy right hon. Friend is right to raise that issue. That is why I met Martin Lewis and the six big mortgage lenders before Christmas. We are very alive to those concerns and will…07 Feb 2023