Contributions
1,178 recent contributions in Hansard
HANSARDFinancial ServicesIn the autumn statement, I set out the Government’s strategy for boosting growth by investing in our people, in the infrastructure that connects our country, by creating the right…09 Dec 2022HANSARDBank of England Asset Purchase FacilityThe Monetary Policy Committee of the Bank of England decided at its meeting ending on 3 February 2022 to reduce the stocks of UK Government bonds and sterling non-financial…23 Nov 2022HANSARD Autumn StatementI thank my hon. Friend the Father of the House. He is right. What I have discovered in the short time that I have been doing this job is that although one might arrive thinking…17 Nov 2022HANSARD Autumn StatementI thank my right hon. Friend for the tremendous support she gave to science and innovation when she was Prime Minister. That is very much something we want to build on as we go…17 Nov 2022HANSARD Autumn StatementI actually remember the Parliament from 2010 to 2015 because I was Health Secretary for quite a big chunk of it. I apologise to the hon. Lady, given the important role she plays…17 Nov 2022HANSARD Autumn StatementI think the hon. Lady must have written her speech before actually listening to what I said. She talked about soaring mortgages, but she might have heard the OBR confirm today…17 Nov 2022HANSARD Autumn StatementIn the face of unprecedented global headwinds, families, pensioners, businesses, teachers, nurses and many others are worried about the future, so today we deliver a plan to…17 Nov 2022HANSARD Autumn StatementYes. The hon. Member said it was at the doorstep of No. 10. I think that is to ignore the reality staring him in the face.17 Nov 2022HANSARD Autumn StatementToday, we have announced tax rises and spending cuts of £55 billion. We can debate the reasons, but to govern is to choose and the shadow Chancellor did not answer the simplest of…17 Nov 2022HANSARD Autumn StatementI welcome my hon. Friend to her chairmanship of the Select Committee; I know she will do a brilliant job. She makes an important point. It is essential that we work hand in glove…17 Nov 2022HANSARD Autumn StatementI thank my right hon. Friend—I always listen very carefully to what he says because of his enormous experience in economic posts in Government and in spending posts. The reason…17 Nov 2022HANSARD Autumn StatementI will write to the right hon. Gentleman on the latter point. On the mini-Budget, let me be very clear that I agree with its priority of growth and with the energy price…17 Nov 2022HANSARD Autumn StatementMy right hon. Friend always speaks wisely on these issues. I think that if we are going to go to the British people as a party that can deliver a plan for our economy, they need…17 Nov 2022HANSARD Autumn StatementI have enormous respect for the right hon. Lady, but I do not think that those comments really did her justice. These were £11 billion of spending increases for the NHS and…17 Nov 2022HANSARD Autumn StatementLocal authorities have requested this package, particularly the two-year delay in the Dilnot reforms. Although those reforms are very important, we will not implement them, but we…17 Nov 2022HANSARD Autumn StatementI am confirming that core Northern Powerhouse Rail will go ahead and that we are protecting our capital budget so that we can make as many other worthwhile additions to our…17 Nov 2022HANSARD Autumn StatementWhat represents the strength of the Union is £4 billion being spent to build the new frigates in Scotland and £4 billion being spent to support Scottish families with the cost of…17 Nov 2022HANSARD Autumn StatementI thank the hon. Lady for her comments. She is complaining about economic instability damaging business in Scotland, but she supports the most destabilising policy of all:…17 Nov 2022HANSARD Autumn StatementWe are reducing the bank surcharge because we are increasing corporation tax from 19% to 25%, so banks are contributing to our having more money for the NHS and schools in the…17 Nov 2022HANSARD Autumn StatementLet us start with a difficult message for the party opposite: you cannot borrow your way to growth. Sound money is the rock upon which long-term prosperity rests; but it is not…17 Nov 2022