Maggie Throup debates involving HM Treasury during the 2017-2019 Parliament

High Speed 2

Maggie Throup Excerpts
Wednesday 10th July 2019

(4 years, 9 months ago)

Westminster Hall
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Andrea Leadsom Portrait Andrea Leadsom
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The hon. Gentleman makes my point for me: the business case needs to be reassessed with accurate underlying factors taken into account. It is the case that the more productivity on trains increases, in particular as faster fifth generation—5G—mobile internet is rolled out across the country, the less valuable the journey time savings are, and therefore the smaller the estimated benefits of HS2 become on those measures.

Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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My right hon. Friend is talking about journey times, and I completely agree with her that this is not about journey times. She also mentioned capacity, and it is about that, but it is also about one more thing—connectivity. We have not had a new railway line north of London for 150 years. Surely now is the time to improve our infrastructure and to make our trains and lives fit for the 21st century.

Andrea Leadsom Portrait Andrea Leadsom
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My hon. Friend is absolutely right—we certainly need to invest in our rail infrastructure—but my question is whether HS2 is the right piece of infrastructure.

The argument for the business case around journey times and productivity quickly collapsed, and HS2 Ltd turned to arguing for capacity instead. That capacity argument has been questioned almost since it was first made, and most recently by the Lords Economic Affairs Committee in its report of May this year, “Rethinking High Speed 2”.

The original business case for HS2 was put forward at a time of strong and continued growth in passenger numbers in the preceding years, and the expectation was always that this growth would continue unabated. That is not the case. I made that point in 2011, when I led an HS2 debate on the Floor of the House. As I said then, HS2’s forecasts were “heroic” when compared with Network Rail’s numbers over the same period. According to the Commons Library, across the entire rail network, annual passenger growth peaked in 2011 at about 8%, and growth has been on a downward trend since then. Passenger growth between London and the west midlands has now fallen to 2% growth per annum, against a decadal average of 6%.

It is true to say that the west coast main line is the busiest mixed-use rail corridor in Europe, with 15 fast trains coming into Euston in most peak hours of the week and little to no availability in that period for additional train paths. However, capacity on the trains themselves is a different matter. As anyone who travels at rush hour between Euston and Milton Keynes—as I do frequently—will know that there is always high capacity pressure on any of the trains during that peak period: about 95% of all available seats on morning peak arrivals into Euston are occupied, with many trains cramped and uncomfortable. Again according to the House of Commons Library, across the entire day only about 60% of all available seats into Euston are in use. For the other major cities on the line of route—Birmingham, Leeds, Liverpool, Manchester and Sheffield—across the entire day, all of those stations operate at less than half their passenger capacity in terms of seat availability.

--- Later in debate ---
Andrea Leadsom Portrait Andrea Leadsom
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My hon. Friend makes an important point about the lack of point-to-point movement in HS2. Passengers do not end up at the Bullring in Birmingham, or in the west end of London; they just end up somewhere on the outskirts wondering how on earth they will get to where they want to.

The business case for HS2 is seemingly not based on improved journey or improving capacity on journeys between the cities along the line of route. That was alarmingly confirmed by the chief executive of HS2 Ltd, Mark Thurston, in November last year, when he appeared before the all-party parliamentary rail group. At that meeting, Mr Thurston remarked that to remain on time and on budget, HS2 Ltd was considering fundamental changes to the project, including, but not limited to, reductions in the speed that HS2 trains will operate at and reductions in the total number of trains per hour.

With fewer and slower trains, it is hard to understand how the business case can be maintained, given the growing lack of incentive for passengers to choose to take a more expensive HS2 train over a classic service. I have asked HS2 Ltd to confirm whether it is modelling the impact of such changes, but so far I have been unable to obtain a definitive response.

As the former chairman of HS2 Ltd, Sir Terry Morgan, said when he appeared before the Economic Affairs Committee on the 22 January, nobody, not even he as a former chairman of the project, can say with any certainty what the final cost of HS2 will be. That cost has gone up and up over the years. In February 2011, we were told that HS2 would cost £37.5 billion. By January 2012, that figure had crept up to £40.8 billion. In June 2013, we were told the total cost had risen to £50.1 billion. Today, based on the funding envelope set out in November 2015 —not an estimate of the cost but rather the money available from DFT for the project—we are told that HS2 will cost the British taxpayer £55.7 billion. That is £55.7 billion for a single train line.

We have not actually seen a comprehensive breakdown of the costs for the full Y network of HS2 since 2013, although the National Audit Office has more recently said that, at the time of the 2015 spending review, the full cost should have been estimated at £65 billion. HS2’s land and property budget alone is expected to be five times greater than originally forecast, but that is of no help whatsoever to my constituents. I have had cases in South Northamptonshire where family farms have been cut in half, people have been forced to sell their businesses at a vastly undervalued rate and one constituent has been forced out of the family home that she had lived in for many years through a lifetime tenancy under the Agricultural Holdings Act 1986. There are countless examples where I have had to intervene time and again on behalf of my constituents, due to the insensitive behaviour and slow engagement of HS2.

Maggie Throup Portrait Maggie Throup
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I, too, have had some very sad cases, where HS2 Ltd is not doing itself any favours. Considering the overall spend, the quibbling is over very small amounts. If it got that bit right, it might get more people on its side to make sure it delivered the project, which my constituents welcome, as long as they are looked after. If part of the line is cancelled, those properties will be blighted for ever.

Andrea Leadsom Portrait Andrea Leadsom
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I certainly agree that HS2 needs to do much more to protect those who have been affected through no fault of their own. There has been real hardship. There are countless examples in my constituency and I am aware of many in other constituencies.

As hon. Members have set out, concerns have been raised by industry experts and former whistleblowers from the company that the total cost for HS2 may very well be in excess of £100 billion. In contrast, DFT has separately announced investment of £48 billion in our railways over a five-year period through to 2024, comprising major infrastructure upgrades across the country and newer, faster, more comfortable trains to improve the passenger experience. I totally applaud the DFT for that decision—it is the right sort of investment and will improve our railways in all parts of our United Kingdom, sharing the benefits among all rail users.

We should consider HS2 in the context of alternative uses for the money for infrastructure investment. I was delighted when my hon. Friends the Members for Banbury (Victoria Prentis), Eddisbury (Antoinette Sandbach) and North Warwickshire (Craig Tracey) advised me they would contribute to today’s debate. I pay tribute to my right hon. Friend the Member for Chesham and Amersham (Dame Cheryl Gillan) for all the excellent work she continues to do to raise concerns about this project.

I am a passionate advocate for better infrastructure. There is no doubt that properly targeted infrastructure investment can massively improve productivity and enable growth and economic opportunity equally for all parts of our United Kingdom, including in the north and the regions, but getting the best bang for our buck has to be at the heart of all that we do. With the benefit-cost ratio for HS2 declining to 1.4 in October 2013 and remaining unchanged in the intervening period, it is vital that we make sure that we are investing in the right infrastructure projects. The Government’s own guidance on value-for-money assessments has said that a benefit-cost ratio of 1.4 for phase one would represent a low value-for-money project.

What can we do? My hon. Friend the Member for North West Leicestershire (Andrew Bridgen) has spearheaded a whole host of alternative transport project proposals with the TaxPayers Alliance—he will expand on that later. I am pleased that the hon. Member for Luton North (Kelvin Hopkins) is here to set out his own ideas about better value-for-money projects. We have to think creatively about our transport infrastructure and be brave enough to scrutinise the value for money of any project if we think it might not deliver the benefit it promises. We have to hold HS2 Ltd to account to ensure that it is open and transparent in all that it does.

In conclusion, I ask the Minister in her response to commit to a full review of the business case for HS2, before the notice to proceed is granted later this year, and to make a clear and open statement on the Floor of the House on whether this project truly does represent good value for taxpayers’ money.

Oral Answers to Questions

Maggie Throup Excerpts
Tuesday 9th April 2019

(5 years ago)

Commons Chamber
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The Chancellor of the Exchequer was asked—
Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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1. What estimate he has made of the average annual savings to hauliers from freezing the level of fuel duty since 2010.

Lord Hammond of Runnymede Portrait The Chancellor of the Exchequer (Mr Philip Hammond)
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Fuel duty has been frozen for nine consecutive years, saving money for all those who regularly use our roads. I can confirm that the average road haulier has saved £23,300 per vehicle on fuel since 2010 compared with the pre-2010 escalator plan. However, the benefits to hauliers and motorists of freezing fuel duty must be balanced against the cost to the Exchequer in the context of our need to fund our public services, so we continue to keep it under review.

Maggie Throup Portrait Maggie Throup
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Hauliers have definitely been a major beneficiary of the duty freeze, but will my right hon. Friend consider helping the industry further by investing in a new motorway junction between junctions 25 and 26 of the M1 to help improve connectivity throughout the east midlands?

Lord Hammond of Runnymede Portrait Mr Hammond
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From 2020, all English road tax will be spent on our roads via a dedicated national roads fund—that will be £28.8 billion between 2020 and 2025, including £25.3 billion for strategic roads. We have spent £120 million on the recently opened smart motorway between junctions 23a and 25 of the M1, which will reduce congestion, but we will, of course, continue to take into account the need for connectivity in planning future roads investment in the east midlands.

Puppy Smuggling

Maggie Throup Excerpts
Tuesday 2nd April 2019

(5 years ago)

Westminster Hall
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Nigel Huddleston Portrait Nigel Huddleston
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I beg to move,

That this House has considered the matter of puppy smuggling.

Thank you, Mr Hollobone, and it is a pleasure to serve under your chairmanship. Once again, I am grateful for the opportunity to introduce this debate today. I also extend my thanks to the many organisations and bodies that have campaigned on this issue for many years, in particular the Dogs Trust, which has one of the country’s largest rehoming centres in my constituency. It is a pleasure to work with it.

This is the second time that I have secured a debate on this topic, and I am pleased to be joined again by so many colleagues of different parties from across the House. That is not surprising, as there are 9 million dogs in the UK and many more dog lovers.

I also have with me today a book containing the pledges of more than 137 MPs, and I think more MPs will be signing today, showing that they are committed to stopping puppy smuggling. I hope that that conveys to the Minister, just how deeply concerned we are about puppy smuggling, and I know that I am not the only Member of Parliament who will say that this issue is also of great concern to my constituents.

In the previous debate that I secured on this subject, I told the House how puppy smuggling was a multi-million pound industry—an illegal trade. Hundreds of puppies are intercepted at our ports and borders each and every year. I will come on to some of the issues surrounding security at our borders a little later, but it is likely that thousands more puppies slip through the net and remain unidentified.

Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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I thank my hon. Friend for giving way and also for securing this really important debate. He talked about measures being put in place at the borders. However, does he agree that it is not only important for us to put measures in place in the UK but that we need international co-operation as well, to stamp out this horrendous practice?

Nigel Huddleston Portrait Nigel Huddleston
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My hon. Friend makes an important point, and I will come to some of the recommendations later on. Although much of the focus of my recommendations will be on what the UK Government can do, we also need to lobby internationally to ensure that there is fair treatment and awareness across countries.

Value Added Tax Bill

Maggie Throup Excerpts
Friday 8th February 2019

(5 years, 2 months ago)

Commons Chamber
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Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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It is a pleasure to speak in the debate, and I congratulate my hon. Friend the Member for Christchurch (Sir Christopher Chope) on getting one of his many private Members’ Bills to Second Reading. I thank him for giving such a comprehensive history of VAT in the early part of his speech and for his forensic analysis of each part of the Bill.

At first, I thought that the subject of the Bill seemed rather dry, but the more I looked into it, the more interesting it became. Prior to my entering this place, I ran my own marketing business, which was registered for VAT. I did not see being registered for VAT as a hindrance; I saw it as a sign of success, as it meant that my turnover was growing and quite substantial. Some business owners I spoke to were concerned that splitting VAT on a quarterly basis was quite onerous. I always found that the quarterly returns helped me to focus on the financial side of my business and provided an opportunity for a regular review. They helped me to review my business costs and the charging structure for my marketing services. In effect, I was carrying out a quarterly audit that helped me to keep my business on the straight and narrow over the 19 years for which I ran it. Some businesses may have criticised me for carrying out such a check only every three months, but it worked for me.

We are debating whether the £85,000 VAT threshold is the right one and if we should make provisions to exempt certain goods and services from VAT liability. In November 2017, the Office of Tax Simplification produced an excellent report. I must declare that I could be slightly biased, because the chair of the office is Angela Knight CBE. For those Members who are not fully aware of the political history of the Erewash constituency, Angela Knight was its Member of Parliament from 1992 to 1997. One of her claims to fame—among many, of course—was that she was the Treasury Minister responsible for the introduction of the £2 coin. She has had a varied and at times much-publicised career since leaving this place, and she was the perfect person to be appointed chair of the Office of Tax Simplification.

The views of my hon. Friend the Member for Christchurch on the EU are well known, and he has expressed them today. His Bill is timely, because Conservative Members want to take back control on 29 March. We need to make sure that the VAT threshold will encourage businesses to grow while at the same time maintaining the tax take for Government, because that pays for our vital public services. Members from all parties want to make sure that we have the right investment for our wonderful public services. The current £85,000 threshold is the highest general threshold in the OECD, so some may argue that we should consider lowering the threshold rather than looking to increase it.



Some anomalies have already been mentioned. The Bill proposes exemptions, including for domestic fuel and power and for repairs to historic buildings. We have also already discussed fitness equipment and the difference between cakes and biscuits. The prime example of the latter is Jaffa Cakes: if it is a cake, it is zero rateable, but if it is a biscuit, it is taxable. It has been deemed to be a cake, so it is zero rated. Closer to my heart are the gingerbread men made by Stacey’s bakery in my Erewash constituency. In my opinion, they are the best gingerbread men a person could buy in the whole country. If the gingerbread men have chocolate trousers, they are subject to VAT. If they just have chocolate eyes but no chocolate trousers, there is no VAT. In the interests of equality, why do we not have gingerbread ladies? If we did and they had chocolate dresses, would they be subject to VAT? I am sure that we could all highlight many more anomalies, but the ones I have mentioned help to illustrate just how important it is to ensure that any changes to VAT legislation are well thought through and appropriate.

I could spend a lot more time talking about whether higher or lower threshold levels encourage more or less entrepreneurship, or about the optimal threshold to maximise the tax take without stifling business, but I am sure all that will be thrashed out in Committee. VAT is the third largest source of tax revenue collected by HMRC, after income tax and national insurance contributions, so I am sure it is above my pay grade to recommend a new threshold to the Treasury. It is clear to me that we should not jeopardise the £120 billion collected in 2016-17—I am not sure of the figures for the following year—which represented 22.5% of all taxes. I fear that the removal of one tax would only result in the increase of another tax to balance the nation’s books.

Christopher Chope Portrait Sir Christopher Chope
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Will my hon. Friend give way?

Maggie Throup Portrait Maggie Throup
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I was just about to finish, but I will give way.

Christopher Chope Portrait Sir Christopher Chope
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In her zeal to leave the European Union, surely my hon. Friend has not forgotten that we will be able to keep a big dividend in the form of the £10 billion to £20 billion a year that we currently pay to the European Union. Why can we not spend that on our own priorities?

--- Later in debate ---
Maggie Throup Portrait Maggie Throup
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My hon. Friend makes an important point; this is about priorities, and our priority may not actually be changing the level of VAT.

I look forward to hearing the Minister’s response and analysis of the proposed changes in this Bill.

--- Later in debate ---
James Cartlidge Portrait James Cartlidge
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The hon. Gentleman is correct: I do not spend a lot of time at Labour party conferences. I am sure that, because he is there, it is huge fun. I know that he has a great sense of humour and so on. I never met Barbara Castle, but I am sure that it would have been a great honour to meet her. I do agree with that basic set of housekeeping accounts, which, by the way, the great Margaret Thatcher also used to believe in.

Maggie Throup Portrait Maggie Throup
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As my hon. Friend mentioned Barbara Castle, I want to put it on the record that she had the same education as I did. We went to the same school—Bradford Girls’ Grammar School. On both sides of the House, we can make sure that we chalk up our balances on the chalkboard—or the whiteboard as it would be now.

James Cartlidge Portrait James Cartlidge
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That is an excellent point. What worries me is that if we make unfunded commitments that do not result in the so-called dynamic behaviour that has been predicted and the Treasury loses revenue, the people who pay will not be us in this Chamber or anyone outside, but people who have not yet been born. We will stick the balance on the national credit card and, ultimately, the national debt. That is what happens if we do not take control of public finances.

I also want to talk about the transition period and leaving without a deal. My hon. Friend the Member for Christchurch seemed to suggest that we would benefit from not having a transition, because we would be able to vary VAT. He will remember that in his speech in the recent no-confidence debate—he spoke eloquently, although it took me some time to work out whether he had confidence in the Government or not—he advocated a WTO-terms exit. I intervened on him to ask what he would do about the 40% tariff on sheep meat, and he said to me that that was “Project Fear”.

In fact, if we leave without a deal, we will have to have the default WTO schedule, because there is nothing else. That schedule includes some very onerous tariffs indeed, not least for our farmers and exporters. In a debate about the cost to consumers of VAT, it is quite something to advocate allowing certain household items that we take for granted—such as dry pasta and tinned tomatoes—to be tariffed at 15% or 20% in a few weeks’ time. This is most significant for our exporters. In my constituency, I have household name companies—by that, I mean that they are very well known in the constituency—that have written to me about no deal. The matter is critical for them; in one case, the default tariff exceeds the margin that the company makes. That is serious stuff, which we need to be prepared for.

Holocaust (Return of Cultural Objects) (Amendment) Bill

Maggie Throup Excerpts
Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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I congratulate my right hon. Friend the Member for Chipping Barnet (Theresa Villiers) on her stewardship of this small but important piece of legislation to remove the sunset clause contained within the original Holocaust (Return of Cultural Objects) Act 2009.

As a Parliament, as other Members have said, we recently came together to mark Holocaust Memorial Day with a Backbench Business debate during which we remembered the 6 million Jewish men, women and children who were systematically murdered by the Nazi regime. Although this dark episode in global history may grow more distant with every year that passes, these horrific crimes against humanity must not, and will not, be forgotten. The history of what happened on the continent of Europe during this period is often viewed through the prism of what we know happened at Dachau, Belsen and Auschwitz.

To understand the full extent of the holocaust and its lasting effect on victims and their relatives, we must also understand the events that led up to the final solution. From Hitler’s rise to power in 1933 to the passing of the Nuremberg laws in 1935 and Kristallnacht in 1938, the Nazis first marginalised and then set about eradicating the Jewish population with increasing speed and intensity. One major element of the programme was the looting and pillaging of around 20% of Europe’s cultural treasures, including hundreds of thousands of pieces of artwork owned by the Jewish community, and it is estimated that some 100,000 cultural objects remain hidden.

It should be recognised that since the war, UK institutions have been at the forefront of efforts to identify objects with uncertain provenance. Since it was established in 2000, the Spoliation Advisory Panel has advised on 20 claims concerning looted artwork. In the case of 23 cultural objects, either they have been returned to their rightful owners or compensation has been paid out.

The Holocaust (Return of Cultural Objects) Act 2009 has been instrumental in facilitating this process, which had been hindered by rules governing the disposal of such items from UK collections. Although I have no doubt that the consultation conducted prior to the introduction of the legislation was sincere in its conclusion regarding the need for a time limit, it has become increasingly clear that we have a moral obligation to the last remaining survivors and their families to continue to allow UK institutions to reunite them with looted objects beyond the 11 November deadline, which is fast approaching. Therefore, I offer this Bill my full support. Although we will never be able to make right the atrocities of the past, we can and should right this small injustice. I again congratulate my right hon. Friend the Member for Chipping Barnet on her work on breaking down these barriers, and I look forward to the success of the Bill.

Sport in the UK

Maggie Throup Excerpts
Monday 4th February 2019

(5 years, 2 months ago)

Commons Chamber
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Mims Davies Portrait Mims Davies
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I am going to set out my thoughts on participation, but I give way first to my hon. Friend.

Maggie Throup Portrait Maggie Throup
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My hon. Friend talked about junior parkruns, which reminds us that habits formed in childhood often last a lifetime. Initiatives such as the Erewash school sport partnership do just that. They start in primary schools and hopefully, some of those children will continue with sport throughout life, which is so important. Does my hon. Friend agree?

Mims Davies Portrait Mims Davies
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I feel that my hon. Friend has read the next part of my speech. Participation and a culture of participation within families and communities is absolutely vital. I would be delighted to set out some of my thoughts on that, so let us talk about participation. We are making good progress on getting more people active. We want half a million people to be more regularly active across England by 2020, with at least half of those being women. Over 470,000 more people are already active compared with when we launched the strategy in 2015, but delivering long-term change in habits requires persistence. We know that we need to do more to get and keep people active.

Equitable Life

Maggie Throup Excerpts
Thursday 31st January 2019

(5 years, 2 months ago)

Commons Chamber
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Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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It is a pleasure to follow the hon. Member for Blackpool South (Gordon Marsden). His description of the type of person affected by this scandal is very apt and applies throughout every constituency. I congratulate my hon. Friend the Member for Harrow East (Bob Blackman) on securing this important debate and thank him for all the hard work that he has put in over many years on behalf of the victims, and I thank every other member of the all-party group.

This debate gives me the opportunity to speak on behalf of the 1,400 Equitable Life policyholders and their dependants living in Erewash. There seem to be fewer than the number living in some other constituencies, but that number is still significant. The hon. Member for North Tyneside (Mary Glindon) said that she might repeat some of the things said by other Members; I will as well, and I will not apologise for it, because it is important that we are united on this issue, and if we repeat it enough times, hopefully those on the Treasury Bench will eventually listen.

Many of the victims of this national scandal come from a generation that was encouraged to plan for retirement, saving modestly for a rainy day. We need to continue to encourage all generations to plan for retirement, but scandals such as this one negatively impact on that ambition. My right hon. Friend the Member for New Forest West (Sir Desmond Swayne), who is unfortunately no longer in his place, so eloquently described that ambition, so I will not attempt to add anything further. He said everything that needed to be said about that.

As other Members have said, many Equitable Life victims are characterised as proud, hard-working people who previously worked in shops or factories, or who ran their own small business and invested their money in good faith, so as not to be a burden on the state or, indeed, their families in old age. Such are the conservative —with a small “c”—values that my party in particular has always championed, so it was only right that when we came into government in 2010, it was a Conservative Chancellor, the former Member for Tatton, who established a compensation scheme worth £1.5 billion to compensate policyholders who had been affected. But of course, as we all know, that was not enough.

Although the scheme initially only covered polices issued after 1 September 1992—an arbitrary date—it is important to recognise the steps that the Government have subsequently taken to compensate as many victims as possible, which mean that as it stands today, £5,000 is available to those who bought with-profits annuities from Equitable Life prior to September 1992, with a further £5,000 going to those on pension credit. Nevertheless, we need to do more. The stark reality is that, although the compensation is substantial, to date nearly a million savers have received less than a quarter of the losses they incurred when the Equitable Life scandal hit them.

With the compensation scheme now closed to new applicants, I make the case to my hon. Friend on the Treasury Bench that now is the time to unlock the remaining £140 million that is still in the scheme and use it to increase compensation before it is too late for victims to use in their retirement. Indeed, for many victims, the time for any other use of this contingency is running out. I wholeheartedly agree that a balance must be struck between compensating victims and protecting the interests of taxpayers. However, I would also argue that if we do not take action now, we could end up actually increasing the cost to the public purse as we see more victims forced in their old age to turn to the state for financial support through the benefits system. As my hon. Friend the Member for Harrow East argued, any moneys paid out now will work their way back to the Treasury over time.

Let me turn briefly to regulation and the findings of the parliamentary ombudsman, who found that the losses suffered could be directly attributed to decades of serious, serial regulatory maladministration. As the UK is a global financial hub, it is vital, especially in a post-Brexit world, that the Government learn the lessons of the past and ensure that we have in place a regulatory framework that not only attracts investment but can retain investor confidence in our financial institutions, regardless of the size of the investment.

Joanna Cherry Portrait Joanna Cherry
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The hon. Lady is making some good points, and I like the one about the dangers of undermining confidence in the financial sector. Does she agree that the financial sector is massively important not only to London but to Edinburgh, where my constituency is? Edinburgh has the second biggest financial sector in the UK. If we do not sort out the problem of regulation, confidence in the financial sector may be lost.

Maggie Throup Portrait Maggie Throup
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I completely agree with the hon. and learned Lady. Along with London and Edinburgh, Leeds is a great financial centre as well. It is important that we get this right to make sure we continue to have that confidence.

We are as united as ever not only on the Government Benches but, I believe, on the Opposition Benches too, in agreement that now is the time for victims of this preventable scandal to receive a final and fair package of compensation that they can use to fund their retirement. It is incumbent on the Government to learn the lessons identified in the parliamentary ombudsman’s report, and to review and, if necessary, reform the regulations, to ensure that a situation like this can never happen again.

I congratulate my hon. Friend the Member for Harrow East again on securing this debate which, as we can see, has a lot of support on what is a very cold and potentially snowy Thursday afternoon. I look forward to hearing the Minister’s response.

European Union (Withdrawal) Act

Maggie Throup Excerpts
Thursday 6th December 2018

(5 years, 4 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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It depends very much on what those rules are. Rules on the goods acquis, the part of EU regulation that deals with goods, are very stable and have been for many years. We know that our manufacturers in this country will continue to follow EU rules on goods, whether we choose to adopt those rules or not, so I think that the economic price of having such rules would be very small. In other areas, such as financial services, where rules are changing rapidly and where there is a great dynamism in the system, there could be much greater dangers for us in being locked into following rules over which we have no influence. That is why the deal we are putting before the House proposes a very different way forward for goods than for services, and particularly financial services.

I have observed this process at close quarters for two and a half years, and I am absolutely clear about one thing: this deal is the best deal to exit the EU that is available or that is going to be available. The idea that there is an option of renegotiating at the eleventh hour is simply a delusion. We need to be honest with ourselves that the alternatives to this deal are no deal or no Brexit. Either would leave us a fractured society and a divided nation.

Only the compromise of this negotiated deal—delivering on the referendum result by leaving the EU, ending the free movement of people and reasserting our sovereign control over our laws, while at the same time maintaining the closest possible trade, security and cultural links with the European Union to protect our jobs, our living standards and our values—can allow our country to move on. Only that compromise can bring us back together after Brexit is delivered, and we should remember the lesson of history that divided nations are not successful nations.

Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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Does my right hon. Friend agree it is important that we have a deal that is not only good for the economy but brings our country together? The deal on the table is one that offers that, and it is one with which we should move forward.

Lord Hammond of Runnymede Portrait Mr Hammond
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I completely agree with my hon. Friend. That is the central theme of what I will say to the House today. Yes, leaving the European Union has a cost, but going back on the decision of the British people would also have an enormous cost for our country.

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Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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Thank you, Mr Speaker, for this opportunity to contribute to what is probably one of the most important debates of my parliamentary career. In the time available, I want to explain why, if the terms of the withdrawal agreement and the political declaration remain the same, I will be supporting the Government when Parliament votes on the deal next Tuesday evening.

I personally voted to remain within the EU, but at the time of the referendum result and at the subsequent general election, I committed fully to honouring the will of my constituents, 62% of whom voted to come out and 38% of whom voted to remain. My commitment to my constituents has not changed. My decision on whether this deal is the right deal has not been taken lightly. It has been reached only after many conversations with my constituents and after reading through the many emails and other correspondence that I have received from constituents about the different formats of the deal over the past few weeks, and indeed since the referendum.

Local businesses in my constituency, such as my many upholsterers in Long Eaton, have also urged me to back the deal. They need to ensure that they can continue, for example, to buy their fabric from Europe in a way that does not affect their business, because that is their livelihood. The upholsterers in Long Eaton employ a total of more than 2,700 people and have a combined turnover of £250 million. That involves just 50 small businesses, and they are very important to the future of Long Eaton. The upholstery business is the heart and soul of that town. All my local businesses, small and large, want and need the uncertainty to end. They just want to get back to normal, so that consumer confidence will return, securing jobs, trade and continued success not just for my constituency, but for the whole UK.

I fully accept that the deal may not be perfect in every single way, but the very nature of negotiation means that both sides must be willing to give and take. What about the alternatives? The case for a people’s vote has been advanced by some to try to overturn the decision of the British people, but that would not only be undemocratic, but risk dividing our communities even further—perhaps irreversibly. Others have argued that no deal would be an option, but although the Government quite rightly continue to prepare for it, we do not want it and should not have to go down that route, because that would affect our trade and future prosperity. Many of our constituents increasingly see a political class that has become so entrenched in our own idealistic visions of leaving or remaining that we run the risk of losing their faith in this Parliament. My appeal to Members across the House is to end the political games, reflect on the consequences of rejecting the deal and then let us unite to do what is in our nation’s best interest.

I mentioned the small upholstery businesses, but I also have large businesses in or on the edge of my constituency. One business that employs 17,750 people across the UK and Ireland said to me:

“We ask that you give us the opportunity to build upon Brexit and make it a success and vote the Prime Minister’s deal through to give us the clarity we so badly need.”

Other local businesses where many of my constituents work, such as Rolls-Royce, Bombardier and Toyota, echo that sentiment.

In conclusion, I know in my head and my heart that we need to support the Government for the future prosperity of our nation.

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Liam Fox Portrait Dr Fox
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If the hon. Gentleman is serious about automatically wanting to roll over all the agreements that the European Union has, I hope that he will vote for the Government’s motion next Tuesday, because that is exactly what would happen if we had a withdrawal agreement and a movement into the implementation period. All those agreements would automatically be safeguarded. He might want to think about that before he casts his vote.

Maggie Throup Portrait Maggie Throup
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Does my right hon. Friend agree that this deal will bring certainty for businesses by unlocking the investment that they are sitting on and that this is what we need for our future prosperity?

Liam Fox Portrait Dr Fox
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As the Chancellor said in his introductory speech this afternoon, it is widely acknowledged that when there is an agreement, there is potential for a dividend because investment that might be being held back because of uncertainty around Brexit could come forward. That is probably particularly true of domestic investment, rather than foreign direct investment, which I will come on to.

Spring Statement

Maggie Throup Excerpts
Tuesday 13th March 2018

(6 years, 1 month ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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My hon. Friend the Housing Minister and I have both made the point that local authorities and social landlords that have blocks that need recladding should carry out that work. Any work that is required for urgent safety reasons should be done, and any local authority or housing association that has a genuine inability to fund the work should get in touch with the Ministry of Housing, Communities and Local Government, which will work with them to find an appropriate solution. Safety-critical work must be carried out. That is the legal obligation of the landlord, and we will work with them to ensure that it is carried out.

Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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I welcome my right hon. Friend’s continued commitment to increasing the housing supply. I would also like to put in a bid for Erewash in relation to the construction skills villages. Does he agree that measures such as the housing infrastructure fund and the cut in stamp duty for first-time buyers will help many of my constituents to realise their ambition and aspiration to get on to the housing ladder?

Lord Hammond of Runnymede Portrait Mr Hammond
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Yes, the housing investment package that we have put together is important, because it has ensured that financial support will not be the constraining factor in building more homes in this country. We have other constraints—including skills constraints, land supply constraints and materials supply constraints—but finance will be available. The measure that I announced in the autumn Budget to remove stamp duty for 1 million first- time buyers will allow 1 million mostly young people once again to aspire to the dream of home ownership.

Economy and Jobs

Maggie Throup Excerpts
Thursday 29th June 2017

(6 years, 10 months ago)

Commons Chamber
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Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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I commend the hon. Member for Bath (Wera Hobhouse) for a powerful and emotional speech, especially about the early days of her life. Congratulations to her.

Before I begin the main part of my speech, it would be remiss of me not to mention the general election briefly. I am truly honoured to have been returned to the House, and I am pleased to report that I now boast the largest share of the vote that any Member of Parliament for Erewash has held since the seat was created in 1983. That is a tremendous vote of confidence not just in me, but in the Government and the policies with which we are moving forward. I thank my constituents for their continued support, and I pledge to work for everybody.

I want to focus my contribution to this debate about the economy on High Speed 2. At the beginning of the Queen’s Speech debate, the Prime Minister talked about recognising and grasping the opportunities that lie ahead for the United Kingdom. HS2 is one of those opportunities that we really need to grasp. The Bill that has been laid before Parliament focuses on phase 2a, but phase 2b will go right through Long Eaton in my constituency and skirt around Sandiacre. I know that some people still think that they can stop HS2, but I believe it is too late. It is now important that we all work together to get the best deal for the constituencies affected. It is my responsibility as the local Member of Parliament to work with the Government, HS2 Ltd and my constituents—they are the most important people in this—to ensure that we grasp every opportunity, including on inward investment, regeneration and jobs.

I want to make two requests today. The first is that we get a speedy answer on which route HS2 will take through Long Eaton. The second is for better compensation than has been offered. Homes in which people have lived for 40-something years, in many cases, are to be destroyed. In one row of cottages, the people at No. 5 have lived there for 43 years and the people at Nos. 1, 7 and 9 have lived there for more than 40 years. If the whole country is going to benefit from HS2, my local residents should not have to make the sacrifices that they are being asked to make. We need to work together to ensure that the benefits that the whole country will get do not mean that my constituents are affected so dramatically. We need to have those benefits, but not at the expense of my constituents.