Debates between Sammy Wilson and James Murray during the 2024 Parliament

Finance Bill

Debate between Sammy Wilson and James Murray
James Murray Portrait James Murray
- Hansard - - - Excerpts

I believe that it is fair that the oil and gas industry makes a reasonable contribution to the energy transition. We need to ensure that during the transition from oil and gas, which will play a key role in our energy mix for years to come, the industry contributes to the new, clean energy of the future. The way to have a responsible, managed transition is to work with the industry and make sure that it makes a fair contribution, but to not shy away from making that transition at the scale and pace needed.

Sammy Wilson Portrait Sammy Wilson (East Antrim) (DUP)
- Hansard - -

Let me try to understand the Minister’s logic. First, he recognises that we will need oil and gas. Secondly, he is going to tax oil and gas companies. Thirdly, he is telling them that his Government are creating an environment in which there is no future for oil and gas, but he still expects them to invest. Where is the logic?

Oral Answers to Questions

Debate between Sammy Wilson and James Murray
Tuesday 3rd December 2024

(3 weeks ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
James Murray Portrait James Murray
- View Speech - Hansard - - - Excerpts

My hon. Friend is right to highlight the importance to communities of having access to cash and banking services, which is why we have committed to rolling out more banking hubs across the country—100 by the end of this year and a total of 350 through our commitment. We want to work with local communities across the country to deliver that, so that all areas, like Ossett, can benefit from a local banking hub.

Sammy Wilson Portrait Sammy Wilson (East Antrim) (DUP)
- View Speech - Hansard - -

The heavy burden of business rates and the national insurance contributions that the Government are going to impose on small businesses is taxing businesses to death. Does the Minister recognise that in doing so, he is going to cause unemployment, higher inflation and lower growth, and that we are heading for higher taxes in future because of the downward economic spiral?

James Murray Portrait James Murray
- View Speech - Hansard - - - Excerpts

As the right hon. Gentleman will see in the National Insurance Contributions (Secondary Class 1 Contributions) Bill that we will be debating this afternoon, we have doubled the employment allowance to help small businesses to employ up to four people earning the national living wage without paying a penny in national insurance. That is dedicated support to help those small businesses, in the context of what, I admit, is a tough decision. If the right hon. Gentleman has a chance to contribute to the debate, he might say whether he supports the extra public services funding that comes from those difficult decisions.

National Insurance Contributions (Secondary Class 1 Contributions) Bill

Debate between Sammy Wilson and James Murray
James Murray Portrait James Murray
- Hansard - - - Excerpts

I thank my hon. Friend for her question, but eligibility for the employment allowance is not changing. It is the same as it was before, and we are maintaining that provision. On protecting small businesses and charities, the crucial thing for us is the doubling of the employment allowance. In individual cases, I would recommend that organisations get the right advice, but the eligibility criteria for the employment allowance will not change as a result of the Bill.

Sammy Wilson Portrait Sammy Wilson (East Antrim) (DUP)
- Hansard - -

Will the Minister give way?

James Murray Portrait James Murray
- Hansard - - - Excerpts

I will, one more time, and then I will make progress.

Sammy Wilson Portrait Sammy Wilson
- Hansard - -

Is not the fact of the matter, despite what the Chancellor has said, that businesses have been abandoned? There is no safety net for them. To use the words of the Chancellor,

“What we have done with the increase in employer national insurance is leave it to the business to work out”.

Businesses are bearing the brunt of this, and it is really too bad. As far as the Chancellor is concerned, they will have to grin and bear it.

James Murray Portrait James Murray
- Hansard - - - Excerpts

I am sorry, but there are tough decisions that we have to take, and there are difficult decisions that businesses will have to take. The only people to have abandoned businesses were the Conservatives when they were in government. They abandoned any pretence of economic stability, fiscal responsibility, and supporting businesses to invest and grow. That is the difference between the Opposition and the Government.