Oral Answers to Questions

Andrew Bingham Excerpts

Wednesday 13th March 2013 Commons Chamber

[The Prime Minister]

First of all, let me say once again that only the Labour party could call welfare reform a tax. A tax is when you earn money and the Government take away some of your money. This is a basic issue of fairness. There is not a spare room subsidy for people in private rented accommodation in receipt of housing benefit, so we should ask why there is a spare room subsidy for people living in council houses and getting housing benefit. It is a basic issue of fairness and this Government are putting it right.

[Andrew Bingham (High Peak) (Con)]

Q4. Glossop Cartons in my constituency has just invested significantly in placing the world’s first order for the Euclid digital cutting and creasing machine. Tomorrow, Nestlé opens its brand new, state-of-the-art bottling plant for the famous Buxton water, also in my constituency. Does my right hon. Friend agree that those significant investments show that this Government are making Britain well equipped to win the global race?

[The Prime Minister]

My hon. Friend is absolutely right. We do see investment by large multinational companies, such as Nestlé, which now recognise that we have one of the most competitive tax systems anywhere in the world. KPMG recently reported that in just two years we have gone from having one of the least competitive corporate tax systems in the world, to having one of the most competitive. What has changed is the arrival of this Chancellor and this Government who have put right the mess made by the Labour party.