Damien Moore debates involving HM Treasury during the 2017-2019 Parliament

Railway Stations: Accessibility

Damien Moore Excerpts
Wednesday 27th March 2019

(5 years, 9 months ago)

Westminster Hall
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Nusrat Ghani Portrait The Parliamentary Under-Secretary of State for Transport (Ms Nusrat Ghani)
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It is an honour to serve under your chairmanship, Mr Betts. I congratulate my hon. Friend the Member for Hendon (Dr Offord) on securing the debate, which allows the House the opportunity to discuss the important subject of accessibility to the railway network. I also congratulate him on making such powerful representations on behalf of his constituents.

I recognise how important it is for my hon. Friend’s constituents to have access to the railway in order to go to and from work, see family and friends, and go about living their lives. Before I go further, let me say that I would be grateful if my hon. Friend passed on my condolences to the family of his constituent. I understand that the incident has been investigated by the Office of Rail and Road after it was approached by the family. A safety report has been prepared for the inquest, which I believe is due to take place in May. I have not seen the report, and I hope hon. Members understand that it is not appropriate for me to comment further at this stage.

Delivering a transport system that is truly accessible to all is of great importance to me. Hon. Members will have seen the Department for Transport inclusive transport strategy, which we published last July and which underlines the Government’s commitment to taking action to safeguard and promote the rights of all disabled passengers. We do not deny that our strategy is ambitious, but we are determined to deliver it. By 2030, we want disabled people to have the same access to transport as everyone else, and if physical infrastructure remains a barrier, assistance will play a role in guaranteeing those rights.

Many of our stations are Victorian. Their architectural worth is there for all to see, but their infrastructure is simply not fit for today, which has left us with the huge task of opening up the railway network to disabled passengers. We have a little bit of good news—75% of journeys are already made through step-free stations—but only a fifth of stations have proper step-free access from outside, and to and between platforms. We have therefore continued with the Access for All programme, a key part of the inclusive transport strategy, and committed an additional £300 million of funding from the public purse.

Damien Moore Portrait Damien Moore (Southport) (Con)
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Like the local station of my hon. Friend the Member for Hendon (Dr Offord), Hillside station in my constituency is a problem for the disabled people and older people who use it. Given the age demographic in my constituency, it is more important than ever for our Access for All bid to be successful. That would give disabled people and older people the accessibility that they so desperately need.

Nusrat Ghani Portrait Ms Ghani
- Hansard - - - Excerpts

My hon. Friend has made repeated and powerful representations on behalf of his constituency and his local railway stations, and I know he has worked incredibly hard with his local authority and his transport operating company. I cannot make any statements here today, but he has put forward a very substantial case for consideration. Let me set out the timetable for hon. Members: I know that some were concerned that it would take as long as Brexit, but the decision will be out in April.

As I have made clear, we have £300 million to spend on Access for All. We will start on all 27 projects deferred by the 2016 Hendy review of Network Rail delivery, but we will include far more stations. We asked the industry to nominate stations for new funding by 16 November 2018, and received more than 300 nominations. Most came through the train operating companies, but it was not a top-down exercise and involved train operating companies, Members of Parliament, local authorities and councillors working together, because we wanted to ensure that it reflected local need. Nominated stations will be selected on the basis of annual footfall and will be weighted by the incidence of disability in the area.

We are taking local factors into account. The hon. Member for Ashfield (Gloria De Piero) talked about towns being excluded, but we are doing what we can to ensure a good spread up and down the country by looking not only at footfall, but at proximity to hospitals, availability of third-party funding and, crucially, other impacts of accessibility to the station. It is not just about disability, but about other needs—we are thinking about mums with buggies and other accessibility issues that have been mentioned.

As my hon. Friend the Member for Hendon knows, Mill Hill Broadway station and Hendon station in his constituency have both been nominated for Access for All funding. I hope he will understand that I cannot guarantee the inclusion of any single station until we make a formal announcement, but I am happy to tell him that Mill Hill Broadway in particular was a strong candidate when considered alongside other stations across the country.

As the funding application bids closed only last year, I hope hon. Members will agree that it has been a swift process. I intend to announce the selected stations in April, so I hope that those hoping for good news will be kind enough to be patient for just a little longer.

So far, we have installed accessible step-free routes at more than 200 stations, and approximately 1,500 stations have benefited from smaller-scale, but equally important, access improvements. We continue to press the industry to comply with its legal obligations so that work at all stations on the network meets current accessibility standards, and to ensure that the Office of Rail and Road enforces those standards effectively. That applies not only on flagship projects such as Crossrail or the redevelopment of Birmingham New Street, which are delivering significant accessibility improvements, but as part of the “business as usual” work of renewal programmes, such as ensuring that any replacement bridges have lifts or ramps.

It is important for the industry to meet its obligations to anyone who needs assistance, whether they have booked ahead of time or not. Every passenger should expect the best possible help to use the rail network, particularly at stations that do not have fully accessible facilities. As part of its licence to operate services, each operator is required to have a disabled people’s protection policy that sets out the services that disabled passengers can expect and what it will do if things go wrong—for example, providing an accessible taxi free of charge to anyone unable to access a particular station. The Office of Rail and Road recently consulted on revised guidance for disabled people’s protection policies, and I have encouraged it to take enforcement action against train and station operators that are found not to be meeting their DPPP obligations.

Every disabled passenger should be confident that the assistance that they have booked will be provided. The Department has worked with the Rail Delivery Group to create the new Passenger Assist application, which will make it easier for disabled passengers to book assistance. We also support the Office of Rail and Road proposal to introduce a handover protocol as part of the revised disabled people’s protection policy guidance.

We can do more to make the rail network more accessible. We will be introducing a new set of accessibility requirements, such as the introduction and delivery of enhanced disability awareness training for all train operating company staff, regardless of role or seniority. We have also supported the industry’s establishment of an independent rail ombudsman with powers to deal with unresolved passenger complaints.

As a councillor, my hon. Friend the Member for Stoke-on-Trent South (Jack Brereton) managed transport in and out of his area. I completely agree with him that we need to look at the issues not just for people with disabilities, but for elderly people and mothers with pushchairs. That is why we have the £300 million in place.

Once again, my hon. Friend the Member for Hornchurch and Upminster (Julia Lopez) made a very powerful bid on behalf of her constituency. I hope the Mayor of London is listening. I know he is very ambitious, so I hope he can be ambitious for disabled passengers on the rail network too.

In reply to my hon. Friend the Member for York Outer (Julian Sturdy), I hope the Passenger Assist application, which is coming soon with real-time information, will provide the support needed so that there is no gap for people taking multiple journeys on public transport.

On the point raised by my hon. Friend the Member for Henley (John Howell), I hope the bureaucratic process will not be as tough as it was previously. The funding bids closed last year for the money that will be available, and the announcement will be made in April. I hope we can make the process as swift as possible.

In reply to the hon. Member for Westmorland and Lonsdale (Tim Farron), this was not a top-down process. We wanted to ensure that the train operating companies put forward their priorities, but we have also had fantastic representations from Members of Parliament, councils and charitable organisations. I hope our announcement will reflect both geographical spread and actual need up and down the railway lines of our country.

I fear that I am running out of time, so I will conclude by saying that I hope I have demonstrated that the Government are committed to improving access at stations for disabled passengers, both through specific projects such as Access for All and through improvements delivered as part of our wider commitment to improving the rail network. I thank my hon. Friend the Member for Hendon and all colleagues for contributing to the debate. The Government remain committed to investment, and we want people to continue to benefit from record levels of funding, including the £300 million Access for All funding that will be so beneficial to so many people.

Question put and agreed to.

Equitable Life

Damien Moore Excerpts
Thursday 31st January 2019

(5 years, 11 months ago)

Commons Chamber
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Bob Blackman Portrait Bob Blackman
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I thank my hon. Friend for that intervention. Conveniently, he leads me to my next point.

In the comprehensive spending review on 20 October 2010, the former Chancellor of the Exchequer, George Osborne—I do not always agree with him these days, but I certainly did at the time—remarked, in relation to Sir John Chadwick’s report:

“I accept the findings of the parliamentary ombudsman in full.”—[Official Report, 20 October 2010; Vol. 516, c. 960.]

He did not say “partially”; it was not hedged in any way. He went on to talk about the relative losses and the amount of money, and said that the fair amount of funding at the time was £1.5 billion because of the state of the public finances.

In the financial statement on 20 March 2013, George Osborne went further and said that compensation should be provided to people who were not covered by the law—namely, the pre-’92 trapped annuitants. He said:

“We are not doing this because we are legally obliged to; we are doing it because, quite simply, it is the right thing to do.”—[Official Report, 20 March 2013; Vol. 500, c. 941.]

I agree completely.

In the financial statement on 8 July 2015, George Osborne stated:

“We are also going to use the remaining funds available in our Equitable Life payment scheme, as it closes, to double the support that we give to those policyholders on pension credit who need this extra help most.”—[Official Report, 8 July 2015; Vol. 598, c. 333.]

Damien Moore Portrait Damien Moore (Southport) (Con)
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Does my hon. Friend agree that not only is it the right thing to do for these victims, but it is the right thing to do to show faith and confidence in the system and for all those who want to provide for themselves in old age? Over 2,000 of my constituents were affected by this.

Bob Blackman Portrait Bob Blackman
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My hon. Friend is absolutely right. This is a debt of honour, and we owe it to those victims who did the right thing. They saved for their old age and now they suffer consequences.

Balanced Budget Rule

Damien Moore Excerpts
Wednesday 23rd January 2019

(5 years, 11 months ago)

Westminster Hall
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Damien Moore Portrait Damien Moore (Southport) (Con)
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It is a genuine pleasure to serve under your chairmanship, Mr Stringer, and it is a pleasure to take part in this debate. I congratulate my hon. Friend the Member for North East Derbyshire (Lee Rowley) on securing it. It is a pleasure to see the hon. Member for Bootle (Peter Dowd) in Westminster Hall. As I go through my speech, no doubt he will not agree with the things I say, but that aside, I have tremendous respect for him.

The balanced budget rule is an important one, as it takes seriously the principle of responsible spending and enshrines it in a fiscal policy. It forces Governments to think through their spending priorities and decisions, and it contributes to more open, transparent and affordable budgeting. Countries across the world have adopted this approach, and with the exception of periods of war, economic crisis or natural disaster, they have maintained that decision.

Of course, there are different types of balanced budget rule and some Governments allow for different types of spending, or adjust their spending, depending on where they are in the economic cycle. When designing such rules, it is key that they are simple enough to be understood, followed and monitored, but flexible enough to be durable against the unforeseen economic shocks that can temporarily derail attempts to meet the goal. Indeed, if there is any short-term economic shock to the United Kingdom from, say, leaving the European Union, the Government should have the space to cut taxes in order to boost growth. The balanced budget rule also prevents profligacy, which Governments may choose to deploy to obtain votes.

One of the things that a balanced budget rule does help to do is to reduce waste. My hon. Friend the Member for North East Derbyshire referred to cheap political points, but some of the numbers that I am about to give are by no means cheap. I am referring, of course, to the last Labour Government. Although I will not give an exhaustive list of what they did, I will mention just a few things: £26 billion wasted on computer blunders; £18 billion wasted on ID cards; and £50 million wasted on an Assets Recovery Agency that only recovered £8 million in assets. The list goes on, and of course vanity projects can happen on either side of the political argument and under either party, so at all times there must be checks and balances.

However, incompetence also has a lot to answer for and I believe that the balanced budget rule would, more than our current system, prevent incompetence. Under the last Labour Government, Gordon Brown described himself as the “Iron Chancellor”. Well, he may have known a lot about iron, but he did not know much about gold, given the fact that he sold it at the worst possible time, wasting billions.

The last Labour Government talked about benefits, as does the Labour party now. Of course, as the hon. Member for Dundee East (Stewart Hosie) said, people who do not have an income of their own and rely on the Government for benefits to exist deserve to be supported. What Labour does not like to talk about when it comes to benefits is the £2.6 billion that was wasted on benefit fraud and errors. If anyone thinks that is bad, £57 million of that money was wasted on paying benefits into the accounts of people who were dead.

This country was ill-prepared for the 2008 financial crash and the situation was summarised quite succinctly by the former Chancellor, George Osborne, who said that Labour’s problem was that it failed to fix the roof while the sun was shining. The difficult decisions that this country has had to make since 2010 are due in part to the policies of that Labour Government. With the greatest of respect to the hon. Member for Bootle, I would have thought that Labour would by now have learned that lesson, but it has not. Instead, hundreds of billions of pounds of unfunded spending commitments are being made by the Opposition, even now.

My colleagues have worked hard to provide the successes in our economy today, but I urge them and the Minister to look at balancing the books with a balanced budget rule.

Windrush: 70th Anniversary

Damien Moore Excerpts
Thursday 14th June 2018

(6 years, 7 months ago)

Commons Chamber
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Nigel Adams Portrait The Parliamentary Under-Secretary of State for Housing, Communities and Local Government (Nigel Adams)
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Thank you, Mr Deputy Speaker. It is a great privilege to be at the Dispatch Box for the second time in front of your good self. I thank and commend the hon. Member for Dulwich and West Norwood (Helen Hayes) for securing this fantastic but vital debate. It has been incredibly powerful, and I congratulate all right hon. and hon. Members on sharing stories and memories of their families and those of their constituents. We have had passionate, brilliant and moving contributions not just from the hon. Member for Dulwich and West Norwood, but from my hon. Friend the Member for Tonbridge and Malling (Tom Tugendhat) and the hon. Members for Glenrothes (Peter Grant), for Bath (Wera Hobhouse) and for Brent Central (Dawn Butler). We also heard, yet again, an incredible speech from the right hon. Member for Tottenham (Mr Lammy). I hope to be able to address some of the points raised in the time that is left.

Seventy years ago, in 1948, Britain had just emerged from an exhausting, destructive but victorious second world war. The country was making key decisions about its future direction, its prosperity and its position in the world. We rose to the challenge in that year by creating the national health service and by hosting the global community at the London Olympic games.

Damien Moore Portrait Damien Moore (Southport) (Con)
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I had the opportunity to learn about the Windrush generation at university. Does my hon. Friend agree that we should give children in schools the opportunity to learn about the contribution that that generation made to this country in getting Britain back up off her knees after the second world war?

Nigel Adams Portrait Nigel Adams
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That is a very fair point. It is incumbent on schools and on teachers to ensure that the Windrush generation is included in the curriculum, because children could learn an awful lot as a result.

As has been discussed today, another seminal and momentous occasion took place as the United Kingdom welcomed the HMT Empire Windrush at the port of Tilbury on 21 June 1948, and what followed the day after has been subsequently and regularly debated in this House. While it should be recognised that black British history does not start with the Windrush, the arrival of 492 West Indians, many of them ex-servicemen and women, has become synonymous with the first wave of mass migration and the beginning of modem British multicultural society. Those people include Alfred Gardner, who lives up the road from me in Leeds. I understand that he is still going strong at the great age of 92, and I am sure that the whole House sends Alfred its best wishes.

Many from the Windrush generation left their homes to answer the call to come to a strange, foreign and cold land in order to help rebuild the mother country. The welcome for many from that community, and many other communities that followed, was mixed at best. I would not do this debate justice if I did not mention and recognise the struggle to adjust and to put down roots, with many arrivals receiving a hostile reception. A well-documented phrase present outside many houses at the time was “no blacks, no Irish, no dogs”. As a white man brought up here, it is difficult for me to understand how terrible the Windrush generation would have felt as they walked the streets of London and other cities looking for accommodation. Many people have stories about that and other appalling discriminatory times in the UK. The unique challenges for acceptance, integration and recognition were most noticeable in the Notting Hill riots of 1958, the Race Relations Act 1965 and the Scarman and Macpherson reports, to name but a few, and this struggle has come to symbolise part of the story.

Oral Answers to Questions

Damien Moore Excerpts
Tuesday 22nd May 2018

(6 years, 7 months ago)

Commons Chamber
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John Bercow Portrait Mr Speaker
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I am very keen to accommodate Back Benchers, as always.

Damien Moore Portrait Damien Moore (Southport) (Con)
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T7. Will my right hon. Friend tell the House how much additional tax revenue has been secured since 2010 by Her Majesty’s Revenue and Customs through tackling avoidance, evasion and non-compliance, and will he confirm that this policy will continue to exist in the Government?

Mel Stride Portrait Mel Stride
- Hansard - - - Excerpts

I am very pleased to inform my hon. Friend that we have raised and protected £175 billion since 2010 by clamping down on evasion, avoidance and non-compliance. That comes as a direct result of investing in HMRC to the tune of £2 billion, and has resulted in the lowest tax gap in the world.

Digital Taxation

Damien Moore Excerpts
Tuesday 27th March 2018

(6 years, 9 months ago)

Westminster Hall
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Damien Moore Portrait Damien Moore (Southport) (Con)
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As a member of the Science and Technology Committee, I am delighted to contribute to this debate and champion the transition to a digital form of taxation. The issue here is not only the businesses that we will be looking to tax, but the form that our taxation regime takes. Far too often, Governments are slow to modernise and adapt to the times, and I am glad to see that my colleagues in the Treasury have chosen to focus their attention on this area. I will follow the results with great interest.

Although I would never encourage digitalisation simply for its own sake, developments over the last five years have made the creation of a workable, transitional period leading to digital taxation an absolute necessity. We live in an age when cryptocurrencies, challenger banks and blockchain technology are taking off, while e-commerce continues its shake-up of the retail sector. Furthermore, the closure of local bank branches en masse around the country has resulted in individuals having to adapt to a rapidly changing pecuniary landscape. Her Majesty’s Revenue and Customs can and must keep pace with the innovations of Silicon Valley and Tech City, as more and more tech companies enter the financial arena.

From a purely practical standpoint, the current annual system of tax returns is an administrative burden and an overly lengthy process for businesses. The programme of reforms will contribute to the HMRC target of reducing tax administration costs by £400 million by the year ending 2019-20. The old system was far too complex, and businesses would often only know their tax liabilities at the end of a financial year, which imposed uncertainty on them and ultimately prevented them from planning for the future.

As I understand it, by 2020, businesses, self-employed individuals and landlords will have the option of keeping track of their tax affairs digitally, updating HMRC at least quarterly via their digital account. Those quarterly updates will not amount to four separate tax returns in a year, despite a degree of uncertainty on that point. The Government have assured us that bureaucracy and constant form-filling will become a thing of the past, with the information that HMRC requires being automatically uploaded on to people’s digital accounts.

Businesses will be required to use the Making Tax Digital for Business system only from April 2019, and even then only to meet their VAT obligations. That will apply to businesses with a turnover above the VAT threshold; the smallest businesses will not be required to use the system, although they can choose to participate voluntarily. I believe that businesses with a turnover of below the £85,000 VAT threshold can also be great beneficiaries of digital taxation, and I hope the Government will give a lot of thought to the bespoke and innovative ways in which small businesses will be able to engage with these new foundations of tax.

Currently, most taxpayers cannot see a single picture of their liabilities and entitlements in one place. However, by 2020 customers will be able to see a comprehensive financial picture of their digital account, as they can with their online banking. HMRC customers and their agents will be able to interact with HMRC digitally and at their convenience. They already have access to a digital account, which will allow them to access an increasingly personalised picture of their tax affairs, along with prompts, advice and support through webchat and secure messaging. Digital record-keeping software will be synced with HMRC’s systems, allowing customers to exchange information directly from their software. I welcome these innovations and can see the utilisation of this system eventually being as natural as online banking.

The Government have said that they will not widen the scope of Making Tax Digital beyond VAT before the system has been shown to work well. I, for one, will be following the development of the programme throughout its implementation, with the expectation that this change will result in the desired outcomes. There will inevitably be some kinks in the system, and I hope that they will be ironed out. However, make no mistake: this is a progressive move that will encourage greater engagement with HMRC, save both the Government and the taxpayer money and ensure that businesses, whatever their size, are not shackled by bureaucracy and burdened by paperwork.

Oral Answers to Questions

Damien Moore Excerpts
Tuesday 27th February 2018

(6 years, 10 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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I have not yet received a letter from the shadow Chancellor, but if he has written to me, I shall of course reply to him and answer his questions.

Damien Moore Portrait Damien Moore (Southport) (Con)
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4. What recent assessment the Government have made of the effect of the national productivity investment fund on road and rail infrastructure in the north-west.

Robert Jenrick Portrait The Exchequer Secretary to the Treasury (Robert Jenrick)
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This Government have put raising our national productivity at the heart of our mission. From the national productivity investment fund, we have already announced over £50 million of investment in road and rail in the north-west, and this is in addition to the transforming cities allocations to Manchester of £243 million and to Liverpool of £135 million.

Damien Moore Portrait Damien Moore
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Does my hon. Friend agree that the £31 billion national productivity investment fund, targeted at transport, digital communications, research and development and housing, will boost the infrastructure of the UK economy?

Taxation: Beer and Pubs

Damien Moore Excerpts
Tuesday 31st October 2017

(7 years, 2 months ago)

Westminster Hall
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Mike Wood Portrait Mike Wood
- Hansard - - - Excerpts

I thank my hon. Friend, who represents our oldest brewery. It is important that we support established breweries as well as more recent entries into the market. The beer and pub sector adds more than £23 billion to the UK economy, and I know that the Minister will be very grateful for the £13 billion of taxes that it contributes to the Treasury.

There has been a suggestion that duty changes have little or no impact on beer sales in pubs. That is simply not true and is not consistent with the available evidence. The last Labour Government introduced the hated beer duty escalator in 2008. It was hated because the escalator saw beer duty increase by a staggering 42%, hitting beer sales, making pints less affordable and closing pubs at a faster rate than ever. Beer sales have been falling for many years. However, we saw that trend accelerate sharply under the escalator. In the six years before the duty escalator, on-trade beer sales fell by about 3% a year. During the escalator years, on-trade sales fell by more than a quarter, which was about 5.4% a year on average. Almost 7,000 pubs called time for good, and more than 58,000 beer-dependent jobs were lost. However, although beer duty increased by 42%, beer duty revenues rose by only 12%. It was a very expensive failure of a policy and one that I hope the Labour party has put firmly in the past.

Beer duty is now 20% lower than it would have been with tax rises previously planned under the escalator. In the years between 2013 and 2016, when duty was cut or frozen, the annual decline in on-trade beer sales was not 5.4%, but 2%, which year on year makes a significant difference to the number of jobs and the size of the industry. However, the return to a retail prices index-linked rise in this March’s Budget was disappointing. Announcing a second duty rise in the same calendar year would in effect take us back to the days of the beer duty escalator through the back door.

As the price difference between sales in pubs and supermarkets has widened, consumers have become increasingly price sensitive, especially pub-goers. A respected consultancy, Oxford Economics, which has consistently and accurately forecast the impact of duty changes in recent years, calculates that even a freeze in beer duty in next month’s Budget, rather than the planned increase, would boost pub sales by about 33 million pints per year against the current baseline and that that would mean more than 2,000 additional jobs.

The Exchequer Secretary will remember the front-page headlines praising the previous Chancellor for cutting beer duty. I cannot promise the Exchequer Secretary the front page of the Evening Standard—maybe he knows a man who can—but I have no doubt that if the current Chancellor freezes beer duty, the whole Treasury team would be carried shoulder high across Whitehall.

The financial benefits of the beer and brewing industry are clear, but just as great is the social impact of pubs and the detrimental effect that pub closures have on the fabric of our society, because pubs are a great addition to the social make-up of our country, at the heart of our local communities. They offer a safe environment in which drinking can be supervised and highly regulated, which is in stark contrast to much street drinking.

Damien Moore Portrait Damien Moore (Southport) (Con)
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Does my hon. Friend agree that at a time when we are becoming more digitised and people are spending more time alone, the social interaction that pubs create is really important, particularly when loneliness is a major problem, not just for older people, but for younger people as well?

Mike Wood Portrait Mike Wood
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My hon. Friend goes right to the heart of this issue. Friends are made and communities come together in pubs. Research at Oxford University by Professor Robin Dunbar concluded that pubs play exactly that kind of vital role in tackling social isolation and contributing to wellbeing. People with a local are likely to be better off financially, physically and socially. They are likely to have a wider circle of friends. In a week when researchers have shown again the clear link between strength of social networks and resilience to conditions such as dementia, the social value to which my hon. Friend refers could not be more important.

People who drink in moderation in a pub are more likely to be healthier and register higher levels of happiness than people who do not drink at all. They are also likely to be better fed, with almost 1 billion pub meals sold annually.

We should not forget that pubs play a key role in tourism, being one of the attractions that tourists most want to visit when they are in the UK. Last year there were 600 million day visits to pubs by tourists, and more than half of all holiday visits to Britain included at least one visit to a pub.

Oral Answers to Questions

Damien Moore Excerpts
Tuesday 24th October 2017

(7 years, 2 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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The right hon. Gentleman is correct to say that this matter is urgent and pressing, which is why we were so pleased that last week at the European Council the 27 agreed to start internal preparatory discussions for an implementation period. I am confident that we will be able to give businesses the confidence and certainty they need.

Damien Moore Portrait Damien Moore (Southport) (Con)
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T4. What estimate has been made of the effect on unemployment of the reduction in the corporation tax rate?

Mel Stride Portrait The Financial Secretary to the Treasury (Mel Stride)
- Hansard - - - Excerpts

As I said earlier, we have cut corporation tax dramatically and as a consequence we raise 50% more in corporation tax today than we did in 2010.