Business of the House

Debate between Adrian Bailey and Mel Stride

Thursday 20th June 2019 Commons Chamber

[Mel Stride]

That was a wonderful question. I will not attempt to pronounce the name of the canal, on the basis that I will probably not do it as well as the hon. Lady, but it is a marvellous construction and was the work of Telford and Jessop, as she said. I am delighted that it has achieved world heritage status. She asked how she can promote the canal; I would suggest that she has done just that with her question, but if she wants another opportunity, we will have Digital, Culture, Media and Sport questions on 4 July.

[Mr Adrian Bailey (West Bromwich West) (Lab/Co-op)]

The Royal Mail Group and the Communication Workers Union have agreed a groundbreaking collective defined- contribution pension scheme for the group’s 141,000 UK employees. The trouble is that it needs to be enabled by legislation. Will the Leader of the House commit to introducing the necessary legislation prior to the summer recess?

[Mel Stride]

I am happy to look at the issue that the hon. Gentleman has raised, particularly as he suggests that it may relate to a requirement for future legislation. I also point him to Work and Pensions questions on 1 July.

Leaving the EU: UK Ports (Customs)

Debate between Adrian Bailey and Mel Stride

Monday 19th March 2018 Commons Chamber

[Mel Stride]

My hon. Friend is absolutely right. What matters to business is that we keep the borders moving, and I have explained in my responses to many questions this afternoon exactly how we will approach that.

[Mr Adrian Bailey (West Bromwich West) (Lab/Co-op)]

Jaguar Land Rover is postponing investment in a new generation of electric vehicles until it is satisfied that there will be frictionless trade with the EU. Given that the Government have ruled out a customs union with the EU, what arrangements will the Government make that will both be achievable with the EU and satisfy Jaguar Land Rover so that it invests in much-needed electric vehicles?

[Mel Stride]

The Government are well aware of the particular needs of the motor manufacturing sector, with just-in-time delivery and the fact that some components move across what will potentially become a customs border in the future. Those needs are a priority for us during the negotiations. I have no doubt that the implementation period that has been announced today will be one of the things that will drive the economy forward even faster. The hon. Gentleman will know from the spring statement that the Office for Budget Responsibility has already upped the estimates of growth for next year, and hopefully the implementation period will make a further positive contribution to that.

Oral Answers to Questions

Debate between Adrian Bailey and Mel Stride

Tuesday 24th October 2017 Commons Chamber

[Mel Stride]

My right hon. Friend is absolutely right. As the Minister responsible for strategic oversight of tax, I am always concerned to ensure that the measures that we put in place are proportionate, and do not carry extra burdens for those who are rightly carrying on their business and running their companies in exactly the correct fashion.

[Mr Adrian Bailey (West Bromwich West) (Lab/Co-op)]

Intergovernmental co-operation is vital if we are to combat international corporate tax evasion. In February this year Treasury Ministers withdrew from a meeting with the EU PANA Committee, which was set up to investigate issues and prioritise reform. What sort of message does the Secretary of State think that sends to corporate tax evaders?

[Mel Stride]

International co-operation with other countries is an area where we have an exemplary record. We have co-operated with the OECD on the base erosion and profit shifting project—many of the recommendations are actually going through the House at this precise moment, in the latest Finance Bill—and, of course, we have common country reporting; we were leading that move in around 2012.

Oral Answers to Questions

Debate between Adrian Bailey and Mel Stride

Tuesday 18th July 2017 Commons Chamber

[Mel Stride]

My hon. Friend is entirely right. It is important to remember that the burden of corporation tax does not just fall on shareholders. If we were to follow Labour’s policy of increasing corporation tax, we would see less investment, lower growth, lower productivity and, as the Institute for Fiscal Studies has said, lower wages and indeed higher prices.

[Mr Adrian Bailey (West Bromwich West) (Lab/Co-op)]

Earlier, the Chancellor acknowledged that productivity is the key to economic growth and eliminating our public sector deficit. When manufacturing businesses invest, they often lose any benefits of corporation tax reduction because of higher business rates. That acts as a disincentive to invest and increase output and productivity. Why does he not cut business rates instead?

[Mel Stride]

This Government have done a great deal in terms of providing business rate reliefs, which were announced in previous Budgets and are, I think, well known to the House. There will be more to come on that in the Finance Bill.