Oral Answers to Questions

Debate between Andrea Leadsom and David Gauke
Tuesday 5th November 2013

(11 years, 1 month ago)

Commons Chamber
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David Gauke Portrait Mr Gauke
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It has not failed the people of Bolton West, where unemployment has fallen by 1,800 in the past year.

Andrea Leadsom Portrait Andrea Leadsom (South Northamptonshire) (Con)
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On the subject of the cost of living, does my hon. Friend think it astonishing that Opposition Members do not understand that this Government have done so much to keep council taxes down? If we were still subject to their policies, the average council tax cost would be £210 a year higher.

David Gauke Portrait Mr Gauke
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My hon. Friend is absolutely right. It was not this Government who doubled the rate of council tax, it was not this Government who doubled the rate of income tax for the lowest earners and it was not this Government who increased fuel duty 12 times.

Oral Answers to Questions

Debate between Andrea Leadsom and David Gauke
Tuesday 6th November 2012

(12 years, 1 month ago)

Commons Chamber
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David Gauke Portrait Mr Gauke
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We have to take action to try to deal with the deficit that we inherited, and let us not forget that. The hon. Gentleman mentions fuel. Because of the steps that we have taken on fuel duty, petrol pump prices could be as much as 10p lower per litre than they would have been had we stuck with the fuel duty escalator that we inherited.

Andrea Leadsom Portrait Andrea Leadsom (South Northamptonshire) (Con)
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16. What recent steps he has taken to reform banking and to redirect banking fines to the public purse.

Scotland Bill

Debate between Andrea Leadsom and David Gauke
Tuesday 21st June 2011

(13 years, 6 months ago)

Commons Chamber
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Andrea Leadsom Portrait Andrea Leadsom (South Northamptonshire) (Con)
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If that debt must be consolidated with the UK’s national debt, it should surely be considered as quasi-UK Government debt. Does the Minister therefore agree that if the Scottish National party goes ahead with its vote on independence, it will need to consider very carefully the increased cost of borrowing that would ensue?

David Gauke Portrait Mr Gauke
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We must certainly understand the wider UK consequences of that. That is why there is a cap. In the Government’s judgment, £2.2 billion is the appropriate level at this point.

--- Later in debate ---
David Gauke Portrait Mr Gauke
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The decision on whether to put a toll on the Forth road bridge will be one for the Scottish Government. The Treasury has therefore not considered that proposal. Perhaps my hon. Friend should ask Scottish National party Members what consideration was given to such a toll. I suspect that the answer will be, “Not a lot.” The expression on the face of the hon. Member for Dundee East (Stewart Hosie) is probably confirmation that no consideration was given to my hon. Friend’s suggestion. Asymmetry is inherent in such devolved matters.

The UK Parliament has an interest in ensuring that Scottish Ministers can borrow efficiently and sustainably, because although interest paid on any loans will be funded from within the Scottish budget, it will be included in the UK fiscal aggregates.

Andrea Leadsom Portrait Andrea Leadsom
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For the sake of clarity, the Minister tells my hon. Friend the Member for Warrington South (David Mowat) that the decision on whether there will be a toll on the Forth road bridge is a devolved matter, and yet also says that any Scottish Government borrowing would be included in the British national debt. How can that toll be a devolved matter? The UK is involved in keeping the cost of funds to the Scottish Government down so that they can afford to fund a bridge that people in England are unable to afford without charging a toll.

David Gauke Portrait Mr Gauke
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We must remember that any debt service will be financed by the Scottish taxpayer—that is the context.

We should move on. As I said, any loans will be funded from within the Scottish Budget and included in the UK fiscal aggregates. The Bill therefore continues to give Scottish Ministers the power to borrow in the most efficient and sustainable way—from the national loans funds, as recommended by the Calman commission. In addition, should Scottish Ministers choose to do so, the Bill gives them the power to borrow by way of a commercial loan when that represents value for money.

The Government continue to believe that Scottish Ministers should be able to borrow only by way of a loan, but because overall macro-economic policy will continue to be a reserved matter, and because Scottish borrowing will impact on the UK fiscal position, it is right that this House agrees the limits and conditions of borrowing. I therefore ask Opposition Members not to press amendment 2 and amendments 26 to 29 to a Division.

Oral Answers to Questions

Debate between Andrea Leadsom and David Gauke
Tuesday 8th February 2011

(13 years, 10 months ago)

Commons Chamber
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Andrea Leadsom Portrait Andrea Leadsom (South Northamptonshire) (Con)
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In the light of the recent appalling press about Her Majesty’s Revenue and Customs’ problems with PAYE and, now, with national insurance contributions matching, is the Minister as concerned as I am about the imminent introduction of online filing for companies, many of which have said that they simply lack the preparedness to deal with it?

David Gauke Portrait Mr Gauke
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I appreciate my hon. Friend’s concerns about online filing. It is the case that one of the providers has been unable to meet the timetable that HMRC set out, although a number of other software providers have been able to do so. We are seeking to ensure that we implement this in a way that is sympathetic to businesses, but we want to stick to the original timetable. Those businesses that have delivered should not be punished because of the failures of another.

Oral Answers to Questions

Debate between Andrea Leadsom and David Gauke
Tuesday 16th November 2010

(14 years, 1 month ago)

Commons Chamber
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David Gauke Portrait Mr Gauke
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That money is new investment to tackle tax avoidance and evasion. It is specific, targeted funding. As for the service that is provided, it is right for HMRC’s service to adapt to the way in which customers change their behaviour. We have seen a 40% reduction in the number of people using inquiry centres over the last four years, and HMRC should of course adapt to that.

Andrea Leadsom Portrait Andrea Leadsom (South Northamptonshire) (Con)
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Recent press reports have suggested that there are many so-called zombie households in the United Kingdom, in which families have got themselves into so much debt that they rely on interest rates remaining low to stay afloat. Does my hon. Friend agree that our policies to keep interest rates low, and to enable the Bank of England and the Monetary Policy Committee to keep them low, are key as we go through a critical period in our recession?

Oral Answers to Questions

Debate between Andrea Leadsom and David Gauke
Tuesday 12th October 2010

(14 years, 2 months ago)

Commons Chamber
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David Gauke Portrait Mr Gauke
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As I said earlier, we do not currently have the capability to examine the situation on a household basis, but we do need to make difficult decisions. If the Opposition want to oppose each and every cut, including in the child benefit that is given to some of the wealthiest in society, they can take that position, but we are prepared to take those tough decisions.

Andrea Leadsom Portrait Andrea Leadsom (South Northamptonshire) (Con)
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Does my hon. Friend think that the Opposition believe it would be fairer to tax the lower-paid and give the tax revenue to the higher-paid?

David Gauke Portrait Mr Gauke
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That appears to be their solution given that, as I understand it, they still advocate the increase in the national insurance contributions that we are going to counter by raising thresholds. If the Opposition wish to take that position, so be it.