Oral Answers to Questions
Debate between Peter Bone and Elizabeth Truss(6 years ago)
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Mr Peter Bone (Wellingborough) (Con)
The Chief Secretary to the Treasury (Elizabeth Truss)
I am pleased to tell my hon. Friend that in the spring statement we allocated £1.5 billion to make sure that we are prepared for all eventualities in the European negotiations.
Mr Bone
I am grateful to the deputy Chancellor for her response. Has she had an opportunity to look at table 4.28 in the Office for Budget Responsibility report accompanying the autumn Budget, which shows a Brexit dividend of £55 billion in the four years between 2019 and 2023? Does the deputy Chancellor agree with her own figures showing that leaving the EU will be a great economic benefit to this country?
Elizabeth Truss
I thank my hon. Friend for his question. There is indeed money that will be released as a result of our leaving the European Union. We are working on the spending review, which will take place next year, and part of the job of that spending review will be looking at how we allocate that money domestically.
Exiting the EU: Costs
Debate between Peter Bone and Elizabeth Truss(6 years, 5 months ago)
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Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
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Elizabeth Truss
It is completely irresponsible of the Opposition to suggest that we should not prepare for all eventualities. It would be disgraceful for the Government not to do that. That would not be the proper action of a responsible Government.
Mr Peter Bone (Wellingborough) (Con)
For the first time in my parliamentary career, I agree with the hon. Member for Bolsover (Mr Skinner). He is absolutely right. The 60%-odd of people in Wellingborough who voted to leave would want to know what we were doing with £60 billion. They would want it to be spent on the NHS, social care and defence. They would not want it to be given to the European Union. Does the Chief Secretary agree that such a move would betray the trust of the British people?
Elizabeth Truss
The amounts of money we have read about in the press are speculation. The negotiations are ongoing and we want to secure value for money for the British taxpayer. It is in our interest to secure a long-term economic partnership with the European Union, but we will not pay over money until everything is agreed.
Oral Answers to Questions
Debate between Peter Bone and Elizabeth Truss(6 years, 6 months ago)
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Elizabeth Truss
The fact is that teachers received, on average, a 4.6% pay rise last year, including promotions and responsibility allowances. Pay in schools involves a great deal of flexibility, and headteachers can decide how they pay teachers. However, it will be up to the Department for Education to look at the specific circumstances in schools and make those determinations.
Mr Peter Bone (Wellingborough) (Con)
Does the Chancellor share my frustration at the fact that since the EU referendum, a number of senior politicians have been talking down the economy? Should they not be talking it up, because we have a great future outside the European Union?