Cash Acceptance

Damien Moore Excerpts

Monday 20th March 2023 Westminster Hall

[Martyn Day]

Absolutely, and I will come to that later in my speech. I hope the Minister takes cognisance of that well-made point.

There are also those who have valid privacy concerns about electronic payments. In an age of technology, algorithms, digital footprints and cyber-crimes, it is understandable that some—perhaps many—of our constituents would prefer the financial privacy offered by cash transactions. Some constituents wrote to me in recent weeks to make that point. Many stated that they regard barriers to using cash as a violation of their right to privacy. Cash clearly remains an important and valued part of our transactional landscape. As such, the ability to access and use cash must be protected.

In their response to both petitions, the Government state:

“The Government does not intend to mandate cash acceptance.”

They say that they will instead make provisions through the Financial Services and Markets Bill to ensure reasonable access to infrastructure such as withdrawal and deposit facilities. Of course, the availability of such infrastructure is clearly a concern for consumers and businesses. In Scotland, 53% of bank branches have closed since 2015, and since 2018 some 20% of Scotland’s free-to-use ATMs have closed. In many communities, banks have withdrawn completely, often leaving the post offices as the last place in town to do basic banking.

[Damien Moore (Southport) (Con)]

The hon. Gentleman is talking about banks closing; the bank on my high street is still open but will not give cash and directs people to the post office. Does he agree that it is appalling that we have banks on our high streets that are not providing the services that customers want?

[Martyn Day]

Absolutely; the hon. Gentleman makes a good point, for which I thank him. I am flabbergasted that a bank is not dealing with cash—it beggars belief.

The issues raised need to be addressed, but protecting access to cash is not the same as protecting the right to use cash—a right that, for many, amounts to an absolute necessity. For some of our constituents, not being able to use cash is a profound barrier in everyday life. Cash can be a vital means of budgeting. As noted in the 2019 access to cash review, that is especially true for those on lower incomes. The 2022 cash census identified that there are cash users who are highly dependent on cash for budgeting and would struggle to swich to digital payments. It concluded that 15 million people in the UK use cash to budget. That is backed up by the responses to the Petitions Committee survey: 61% of respondents stated that they use cash to budget.

Earlier, I touched on the impact of cash refusal on vulnerable groups, to which I now return. The access to cash review drew a stark conclusion. It identified that more than 8 million adults in the UK

“would struggle to cope in a cashless society. For many people in the UK, using cash is not a matter of choice, but of necessity.”

It highlighted that

“poverty is the biggest indicator of cash dependency”.

Dependence on cash is closely tied to barriers to digital connectivity—for example, for those living in rural areas and those with low or no digital engagement.

In its 2022 policy briefing on the subject, Age Scotland raised the importance of cash for older people. It highlighted that many on low or fixed incomes prefer to use cash to budget. It also noted that

“140,000 adults in Scotland do not have bank accounts”,

and that

“34%...of over 60s in Scotland do not use the internet”.

Furthermore, a 2020 survey by the Financial Conduct Authority explored the relationship between cash usage and factors including education, health and wealth. It noted that 26% of those in poor health use cash to a great extent, and that some people with physical or cognitive disabilities find payment methods other than cash difficult to use.

Oral Answers to Questions

Damien Moore Excerpts

Tuesday 15th March 2022 Commons Chamber

[Mr Clarke]

On the hon. Lady’s point, the Government set up the £100 million taxpayer protection taskforce at the Budget back in March 2021, and that taskforce is expected to recover between £800 million and £1 billion from fraudulent or incorrect payments over the next two years. That builds on the work that has already been done, which saw Her Majesty’s Revenue and Customs recover £536 million in 2020-21. Other agencies of the state are also involved in this important work. The National Crime Agency has made 17 arrests, 106 directors have been disqualified as of February 2022, there have been 48 bankruptcy restrictions and 13 companies have been wound up in the public interest in relation to bounce back loans.

[Damien Moore (Southport) (Con)]

9. What steps his Department is taking to encourage regional growth across the UK.

[The Exchequer Secretary to the Treasury (Helen Whately)]

At last autumn’s Budget and spending review, we announced a comprehensive package of investment to level up the UK and encourage regional growth. This included the £4.8 billion levelling-up fund, the £2.6 billion shared prosperity fund and £1.6 billion of investment in the next generation of the British Business Bank’s regional investment fund.

[Damien Moore]

Does my hon. Friend agree that town deals are one of the most progressive ways of supporting regional growth, and that the one for Southport will kick-start our economy locally?

[Helen Whately]

I congratulate my hon. Friend on his hard work to secure the £37.5 million town deal for Southport, which will be truly transformative for his constituents. That funding will bring in more private investment to his constituency, building on public funding and providing new jobs and opportunities for his constituents. It will be levelling up in action.

Oral Answers to Questions

Damien Moore Excerpts

Tuesday 1st December 2020 Commons Chamber

[Damien Moore (Southport) (Con)]

Last week, my right hon. Friend announced the national infrastructure bank, which will be headquartered in the north of England, and a £4 billion infrastructure investment fund. Can he outline more of the details of those proposals and how, in particular, forthcoming projects will benefit my constituents in Southport?

[Rishi Sunak]

I am happy to provide that information. The new national infrastructure bank will invest in projects like transport, digital infrastructure and renewable energy through a series of loans, guarantees, equity and other hybrid products. The levelling-up fund will fund what I call the infrastructure of everyday life—projects up to £20 million that can be delivered quickly—make a tangible difference to our constituents and increase the pride we feel in the places we call home.

North of England: Infrastructure Spending

Damien Moore Excerpts

Wednesday 25th November 2020 Westminster Hall

[Damien Moore (Southport) (Con)]

I beg to move,

That this House has considered infrastructure spending in the North of England.

It is a pleasure to serve under your chairmanship, Mr Gray. This debate about support for infrastructure spending in the north of England is extremely timely and significant, for a number of reasons, the first being that in the next few hours my right hon. Friend the Chancellor of the Exchequer will get to his feet in the House to make a financial statement on public spending.

I welcome the many new colleagues on the Government side of the Chamber who represent seats that we did not hold a year ago and who have an absolute commitment to ensuring that infrastructure projects go ahead in their constituencies. Although I also welcome Members on the Opposition side, we do not have quite as many as I thought we would for this important debate.

Recent press briefings detail that the Treasury is keen to use today’s statement to announce the conclusion of its review of the Green Book. The Chancellor, after all, represents a northern seat, and I am sure that his constituents will also benefit from changes being made to the guidance on how the Treasury appraises and evaluates policies, projects and programmes, as well as the investing of billions of pounds in a national infrastructure strategy. I speak for many colleagues in welcoming that news from the Government, and I look forward to hearing the announcements in full in a short while.

Another factor is most pressing and only too obvious to hon. Members: we are in the midst of fighting a devastating pandemic. However, that pandemic is not only a health crisis, but an economic one. The north has historically seen greater adversity and has more recently experienced greater disruption—unparalleled disruption, compared with other parts of the country. That has exposed the deep structural, systematic disadvantage that we face.

That distinct disadvantage was highlighted by the Institute for Fiscal Studies when it released shocking statistics in October. It calculated that spending on infrastructure was higher per person in London, at £1,461 a year on average over a five-year period, than in the north-west, where the average was £979; the north-east, where it was £793; and Yorkshire and the Humber, where it was £744. Consistently disproportionate investment has, over the years, created an obvious divide between north and south, and particularly between London and the south-east, and the north.

Without adequate investment, the north has been held back and unable to see the benefits, such as jobs, growth and investment, that other areas have seen. That has undermined the quality of economic opportunity for people, families and businesses to thrive, compared with other areas of the country. There is an urgent need to redress those inequalities and start to invest in infrastructure, which will unleash the north’s potential.

Let me also say that the north is much more than its cities. It feels as though any discussion that we have about the north provokes a reaction centred on Liverpool, Manchester, Leeds and Newcastle. Although they are important, that is another reason that there is a feeling in some areas of the north that, over the years, they have been forgotten and left behind—more so in those areas where there is no major city at all.

It would be remiss of me, especially as my right hon. Friend the Minister is listening, not to mention my own constituency and all the prosperity that we want to bring to Southport through infrastructure projects. Southport is a jewel in the north’s crown, attracting thousands of visitors each year to its annual events: the flower show, the air show and the comedy festival. I am also privileged to have in my constituency the Royal Birkdale Golf Club, which hosted the Open golf tournament. Royal Birkdale is in fact one of four championship golf courses in my constituency. That, combined with some wonderful bars and restaurants, makes Southport a great place not only for me to live in, but for thousands of others to visit. However, the visitor economy, which accounts for more than a third of the local economy, has been particularly hit during the pandemic.

Improved spending on transport infrastructure would open up our economy to more opportunity and the benefits that come with better connectivity. That connectivity is best delivered through rail projects such as the Burscough curves, which would connect Southport and Preston with a direct line, benefiting us as well as communities in the neighbouring constituencies of West Lancashire and South Ribble, and in the wider region. I say to the Minister that rail should be a key focus of revitalising the northern economy. Bringing with it highly skilled jobs and increased gross value added, more rail would enable us not only to move people around with greater ease, but to move freight around, helping to reduce carbon emissions and making our communities healthier.

We also want to see new rolling stock on our tracks. The north of England is unique, but there is a wonderful comparison. I am sure my hon. Friend the Member for Blackpool North and Cleveleys (Paul Maynard) will confirm that the north of England shares similarities with Iran. They are the only places in the world still using Pacer trains—of course, in Iran, they are reserved fleet, not the current fleet that they use when they can get them round. That is quite a damning indictment of what we need to do in this country to get improved rolling stock out on our rails.

Infrastructure investment would also attract private investment. Another great initiative taken by the Government is the town deals. Our town deal, which was submitted recently for £50 million, would unleash a further £350 million completely to transform Southport—enhancing our tourism industry and diversifying our economy, making it stronger and more resilient. The prospect of the town deal has already been the catalyst for private investment projects such as the Southport surf cove and the Viking golf attraction. With more emphasis in our plan to develop enterprise and innovation, we hope to attract more companies, such as Techedia, a specialist IT company that has started a £1 million transformation of a landmark building, which will bring into the building 75 brand new jobs.

As Great Britain becomes global Britain, another great initiative announced by the Government is freeports. Across the north, there are six project bids, one of which is an excellent bid by the Peel combined freeport, which provides links between the United States, Canada and the Americas, and Southport and Lancashire. With these trading links, we can develop and grow advanced manufacturing, energy, digital, biotech and agriculture. The importance of investment in such projects cannot be overestimated if we are to overcome the economic challenge of covid and realise the full potential of Brexit.

Looking to the future, we heard last week about the Government’s 10-point plan to create 250,000 green jobs. We want to get our share of those jobs by creating investment in infrastructure, particularly nuclear energy and advanced manufacturing. We should give highly skilled, highly paid jobs to people in constituencies such as mine—building wind turbines, servicing those wind turbines and seeing them through a career.

A recent report from the Green Alliance estimated that, in striving to get the UK to net zero, associated infrastructure investment would create 60,500 jobs in the north-west, 21,500 in the north-east and 17,200 jobs in Yorkshire and the Humber. Creating jobs through the upgrading of digital infrastructure, particularly in rural areas, will allow increased home working and facilitate the transition to a smart, low-carbon and decentralised energy system away from London. It is quite apt that my right hon. Friend the Member for Tatton (Esther McVey) is present. She is the leader of blue-collar Conservatives and is doing a fantastic job for our communities in the north, but she might have another title yet: she might become the leader of green-collar Conservatives, which would enhance the portfolio of things that she looks at in those areas.

The fact is that the pandemic has accelerated the need for improved infrastructure spending in the north. From energy to broadband, and from transport to trade, we have an unquestionable opportunity to use infrastructure spending not only to root out and address disadvantage, but to provide greater and improved economic opportunity and empowerment for our constituents. I have campaigned with many other northern MPs and the Northern Research Group for a northern economic recovery plan. Improved infrastructure spending is a vital and core part of our recovery. Done correctly, it will have the power to fulfil our commitment to people living in the north to build back better, to level up and, dare I say, to unleash our potential.

[Several hon. Members rose—]

--- Later in debate ---

[Damien Moore]

I thank all Members for their spirit of conviviality during today’s debate. It is most refreshing when so many colleagues actually agree with one another. The debate was not confined to colleagues from the north of England, although every debate that involves those colleagues always has a Pennines, Lancashire and Yorkshire dynamic to it. It is important to recognise that infrastructure spending in the north not only benefits our communities, but the communities that they touch. The hon. Member for Gordon (Richard Thomson) mentioned communities in Scotland.

My hon. Friend the Member for Stoke-on-Trent North (Jonathan Gullis), a passionate campaigner, talked about the midlands and the northern links that we have there. It is often said that the north was built by people of enterprise, talent and ability, and I am pleased that we have seen so many of those attributes portrayed by the representatives of those areas today.

We await with eager anticipation the spending commitments today. I am sure we are even more eager for the Minister to get over to the Treasury to rewrite the spending commitments for all the things that we have asked for. Nevertheless, the commitments that the Government have to the north are clear and absolute, and I am sure we will be in this Chamber and the main Chamber of the House debating what we want to see for our communities. They are more than projects; this is about people.

Question put and agreed to.

Resolved,

That this House has considered infrastructure spending in the North of England.

[James Gray (in the Chair)]

I will suspend the sitting for three minutes.

North of England: Economic Support

Damien Moore Excerpts

Wednesday 11th November 2020 Westminster Hall

[Damien Moore (Southport) (Con)]

It is a pleasure to serve under your chairmanship, Mr Efford. I commend the hon. Member for Barnsley Central (Dan Jarvis) for securing this debate. It is great to see the Minister in her place as well. This debate is important as we need to recognise that the pandemic is not only a health crisis, but an economic one. Nowhere has that been felt more than in the north. My constituency, like that of the hon. Member for Birkenhead (Mick Whitley), is also in the Liverpool city region and has felt the disruption of going into lockdown, then out of lockdown, then having additional restrictions—tier 3 with gyms, tier 3 without gyms—and now lockdown again. We need to get out of this lockdown and we need a tiering system that takes us out of it, but we need to know what the plan is.

There is no doubt that businesses in my constituency, and many others in the north, have suffered as a result of this disruption and uncertainty. They need our support now more than ever. That said, I wholeheartedly commend this Government for their world-beating furlough package, business grants and loans, reduced VAT, business rates relief and, of course, eat out to help out. That has been particularly important in my constituency, where one third of our businesses are in tourism and hospitality. That sector has probably had the most disruption, and the owners of these businesses just want to be able to trade again.

In Southport we have submitted a town deal. As with many other towns, particularly in the north, it is vital that we deliver on the £50 million proposed in that package to unleash £400 million for my constituency alone. Delivering on this would help other areas in the north, stimulating our economy and growing our businesses. That is only part of what is needed if all our constituencies are to prosper, because some do not have town deals. We need infrastructure projects to connect us better, to increase footfall and to increase business across our whole region. Better connected, we can work better together for a more prosperous future.

We want the north to be given support that truly levels up, which is why I wholeheartedly back my right hon. Friend the Member for Rossendale and Darwen (Jake Berry) in his call for a northern economic recovery plan. We cannot just hope our way out of this crisis and towards a better economic future; we have to plan for that, and we want to be part of that plan.

Oral Answers to Questions

Damien Moore Excerpts

Tuesday 24th March 2020 Commons Chamber

[Jesse Norman]

I thank the hon. Gentleman for that question. He will be aware that, in the Budget, we left in place our digital services tax, which is specifically designed to look at online marketplaces and other areas online that have user-generated content that needs to be appropriately taxed. We continue to pursue that tax.

[Damien Moore (Southport) (Con)]

3. What fiscal steps he is taking to improve local transport infrastructure.

[Antony Higginbotham (Burnley) (Con)]

4. What fiscal steps he is taking to improve local transport infrastructure.

[The Chancellor of the Exchequer (Rishi Sunak)]

The Government are committed to improving the vital transport links that people rely on every day. That is why in the Budget we announced a £500 million a year fund for potholes, confirmed £1 billion for shovel-ready local transport schemes through the transforming cities fund, and set out the Government’s intention to agree long-term intra-city transport settlements worth more than £4 billion.

[Damien Moore]

I thank my right hon. Friend for all that he is doing. Businesses in my resort constituency have been delivered a significant blow due to covid-19. In good times, funding for the Burscough rail link would be a boost; in bad times, it could be business critical. Will he work with the Department for Transport and do everything he can to ensure that we get the funding for that vital link for our town?

[Rishi Sunak]

My hon. Friend is absolutely right about the impact on hotel and hospitality businesses in particular. I hope he welcomes the significant cash grant support and business rates holidays for those businesses. With regard to his rail line, he is absolutely right about the importance of such links, which is why we set up a £500 million Beeching cuts reversal fund. I know the Department for Transport would be happy to hear from him.

Oral Answers to Questions

Damien Moore Excerpts

Tuesday 11th February 2020 Commons Chamber

[Mr Simon Clarke]

I thank the hon. Gentleman for his question. Tomorrow I am attending a roundtable at 11 Downing Street with representatives of the advanced manufacturing industry, and we are determined to take their views into account as we make this transition. We are supporting the industry through initiatives such as the Advanced Propulsion Centre and the Faraday battery challenge, and we are determined to ensure that the sector evolves in a way that boosts our growth prospects as we decarbonise.

[Damien Moore (Southport) (Con)]

T5. Last year my town of Southport benefited from a £25 million town deal. What more is my right hon. Friend doing to help other towns up and down the country to level up?

[The Chief Secretary to the Treasury (Rishi Sunak)]

As the Chancellor said, the Government are committed to levelling up across the country, and part of that involves our town deals to help to revitalise our high streets. Also, as the Prime Minister will say later, we have unveiled a £5 billion package to improve local connectivity, including bus and cycle lanes, to improve the quality of life and economic opportunity in local towns.