(7 years, 8 months ago)
Commons ChamberI explained how we approached this issue. We have a bigger job to do here. The country is embarking on a great venture that will shape the future of this country for many years to come. National insurance class 4 contributions are important, but I suggest they are not the only challenge facing the country today. It is important that we focus on the other issues that are vital to get right.
I applaud my right hon. Friend on three counts: his ability to understand, listen and act. He understands that the changes can be seen as a break with a manifesto commitment, he listened to colleagues on the Conservative Benches, and he acted swiftly and with certainty to give self-employed people the clarity that people in business want. In the review, will he ensure that we never lose sight of the fact that the self-employed are the risk takers and the entrepreneurs who power our economy, at great risk and uncertainty to themselves?
As I have said many times today and am very happy to say again, we will always support those who are taking risks to grow and found new businesses. Our job—I take this very seriously and my right hon. Friend the Prime Minister takes it very seriously—is to do what is right for the country. When it becomes apparent that we have to do something because it is the right thing for the country—that is what has become apparent to us over the past couple of days—we will do it, however difficult it is. That is what I have done today.
(8 years, 9 months ago)
Commons ChamberMy hon. Friend has done a lot of work on this issue, including in the all-party group on interest rate mis-selling during the last Parliament. The problem is that we are still here and the FCA seems to be blundering around in the dark—we are talking about people’s money and investments.
I have constituents—I will not mention their names because I do not have their permission—who are out of pocket by a large amount of money. They are struggling while the FCA plays around and does nothing about this issue. It should start doing what it was supposed to do in the first place.
The mood of the House is fairly clear. Indeed, every time we debate these issues the House has been clear, but I am afraid the regulator has not responded.
I am conscious of the time, Mr Deputy Speaker. I promised to touch on three other areas, but I will do so quickly. There is a real question mark about why the decision to cancel the review into banking culture was taken at short notice, with an announcement made on new year’s eve—that was surprising in itself. Perhaps even more surprising is that the decision was made by FCA executives without consultation with the FCA board—the FCA itself has questioned governance within the organisation. If a decision of that importance is made without advance consultation with the board, the question of governance is important.
The review into banking culture was part and parcel of the business plan for the FCA, yet suddenly it disappeared. Even more importantly, in a public meeting on 22 July, the FCA stated categorically that that review was an essential part of the new management of the banking sector. When that was pointed out to the FCA when it announced its decision to curtail the inquiry, it denied to The Financial Times that the issue of a review had ever been raised at a public meeting. However, the minutes of that public meeting are clear, and the regulator was stating an untruth to our No. 1 financial paper. That does not give me any confidence in the regulator.
There are two other reasons why we need this banking review. First, a review of the report commissioned by the FCA into HBOS highlighted careless and selective use of evidence, factual inaccuracies and a lack of context, express and implied criticism of individuals that was not substantiated by the facts, undue reliance on the evidence of certain individuals, and delay—the report took three years to be produced.
Will we ever see the report into the Global Restructuring Group? Many hon. Members have come across GRG. A section 166 investigation was ordered by the FCA in 2014, but we are yet to see any evidence of it. The acting chief executive, Tracey McDermott, stated on 21 January that that investigation is in the pipeline, but I wonder whether we should have any confidence in that. After all, less than six months ago the review into banking culture was in the pipeline. I am concerned about the Global Restructuring Group and whether we will ever see the section 166 report.
In conclusion—I am rushing because of time—all those issues raise significant questions. Does the regulator have a sweetheart deal with RBS? That is a serious yet reasonable question to ask. Considering the way that the interest rate swap redress scheme has operated, there is a question mark over why RBS is being treated differently? Has the FCA allowed the banks off the hook too easily? Is the regulator acting in a timely fashion? All those questions need to be responded to, and I argue that there is real doubt about them all.
The regulator must work with integrity and be independent to deliver in the interests of a healthy financial marketplace. It must ensure a system that treats customers fairly, but to do that it needs the confidence and respect of stakeholders. That respect and confidence has been lost in the outside world. Whether it has been lost in this Chamber remains to be seen, but when a regulator’s integrity is being questioned to this extent, there are questions to be answered by that regulator and by the Treasury responsible for it. I thank hon. Members for their time, and I hope that other speakers will raise other important issues about the way that the FCA is operating.
(8 years, 10 months ago)
Westminster HallWestminster Hall is an alternative Chamber for MPs to hold debates, named after the adjoining Westminster Hall.
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I apologise for the fact that I cannot stay for the end of the debate, because I am needed elsewhere at about 6 or 6.30 pm. It is a pleasure to serve under your chairmanship, Mr Davies.
I am broadly supportive of the propositions. A lot of the points that I wanted to make have already been made, but I do not apologise for making them again, because I know that the Financial Secretary is in listening mode. I am particularly pleased to see that the Minister for Small Business, Industry and Enterprise is in the Chamber, because we know that she is very committed to small businesses.
When I had a proper job, as I often say to people, I had my own small business. We use the term “small business” quite loosely in this place. I was interested to hear the hon. Member for Hove (Peter Kyle) talk about small businesses that made a profit of £70,000 a year, and I must admit that I wish that mine had made that sort of money. I want to focus on the microbusinesses—those very small companies. My business employed only four or five people. The hon. Gentleman, whose predecessor I remember well—he was a great friend of mine—made some good points. As he said, as a small business grows, its burdens are not alleviated but increased. Someone who employs five people has to worry about not one mortgage but five, and about five people’s futures.
I am concerned, as are some of my constituents, that the proposals may place further administrative burdens on small business owners. Some people think that a small business owner sits there in a big, expensive coat, smoking cigars and counting the money that comes in, but I and many Members who have outlined their experiences know that that is not the case. The small business owner or microbusiness owner has to be the salesman one day and the buyer another day. They are the credit controller in the morning, the HR manager in the afternoon and also the accountant. They have to do all those jobs at once.
I am pleased to hear the reassurance that we are not talking about making tax returns every three months. I hope that the Financial Secretary will give us more reassurances, because we need to get those out to our small business community. The quarterly update is fine, if that is where it stays, but I worry about regulation creep. I am slightly nervous that this is the thin end of the wedge and that, if we are not careful, the process will become one of quarterly tax returns. The implementation will be the key, and I would hate for the Sir Humphreys to pick this up by the scruff of the neck and turn it into something that we do not want.
I have heard that the proposal promotes savings to business, but I am slightly nervous about that. From my time running our business, I know that if there is a saving to be had, a small business owner will grab it by the scruff of the neck pretty sharpish. My business used to distribute engineering equipment. If I was selling an item of machinery, the market would dictate what I could sell it for, and my profit was dependent on how much I could buy it for and how much it would cost me to distribute it. If there are savings to be had, most small businesses that I know will already have grabbed them with both hands, so I am slightly nervous about that suggestion.
I flag up the point made by my hon. Friend the Member for Morecambe and Lunesdale (David Morris) about businesses that are not online or computer literate. This proposal will put them online, so will they be forced to buy such things as computers, and will their overheads and administrative burden increase? I leave that question hanging for the Minister to deal with.
My High Peak constituency is rural. Although the Government have put a lot of money into broadband coverage and the situation is getting better quickly, it is still a problem, particularly in some of the most remote areas. We have not talked a great deal about the farming community, but we must remember that farmers are small business owners by virtue of what they do. In High Peak—the clue is in the name; it is high, and there are peaks and hills, with very remote farms—farmers are struggling with their broadband, as are those in a lot of areas in my constituency. Only 64% have superfast broadband, which is another problem.
I was recently approached by three businesses, all on the same trading estate. Bells Shoes sells hundreds and hundreds of pairs of shoes on the internet. Interestingly, the company has always had a retail outlet in Buxton—I think I bought my first pair of work shoes there many years ago—but its business is now very much online. What used to be a retail outlet is now more of an online outlet, with the retail supplementing it, but the business struggles because its broadband is not fast enough.
Many in the Chamber will not have heard of Otter Controls, but I promise them that they will have used a product produced by Otter Controls, which makes thermostats. Every time we switch on a kettle and it trips off at boiling point, we can bet our bottom dollar that there is an Otter Controls thermostat inside. I could talk at great length about the history of the company, because it is fascinating. Again, it employs a lot of people, but the nature of its broadband is getting in its way. I realise that this is not a debate about broadband, but I think that it is a key aspect of what we are talking about and how we move things forward.
I understand and agree that we have to move things online. We have to progress because we need to remain competitive. However, I worry that bringing in this change so quickly might be a bit previous and that we could be a little ahead of the game. I am nervous about it, as are some of our small businesses. I speak regularly at the Glossop Business Network, and I am sure that the next time I visit the network, the matter will be raised with me.
The proposal sounds simple, as it should be, but I worry that it might get overcomplicated and that the process will not be as straightforward as it should be. If that happens, who will pick up the tab for the cost? It will not be us here or the good people at HMRC; it will be the business owners, the employers and the wealth creators of the economy. I cannot remember what my hon. Friend the Member for Hertsmere (Oliver Dowden) called small businesses, but I call them the engine room of the economy. I worry that if we are not careful, we might seize that engine up.
I apologise again for the fact that I probably will not be here for the Minister’s closing remarks, but I promise to read them avidly in Hansard in the morning. If my small business owners do not sell, they do not eat. If they do not make a profit, they put in jeopardy not only their own future, but that of their staff. All I ask of the Minister is that he assures them that the proposal will not be a big stick that HMRC will wield over them and smack them over the head with when they are already working incredibly hard to make a living for themselves, their employees and my constituents.
(10 years, 4 months ago)
Commons ChamberAs the right hon. and learned Lady points out, there was rightly a cross-party approach on this important issue. The key to that consensus was that whatever transpired needed to be independent of Government and that there needed to be a self-regulatory body. I will not comment on anyone who is appointed to the recognition panel, because I do not believe that that is a job for Government. It is an independent process and the Government, including my Department, have no role in it. It would therefore not be proper for me to talk about any individual.
As for whether a body should apply for recognition, it is up to the body to decide whether the incentives that we have put in place are enough to encourage it to join. The Government have done what they set out to do.
T3. Last week, I organised a music skills day at Glossopdale community college in my constituency in conjunction with UK Music, at which more than 100 students from across High Peak learned about the different skills in the industry. The Secretary of State will know that the creative industries are a big economic force in this country and earn about £70 billion each year for the economy. The music skills event gave young people information about the opportunities to work in that sector. Will he say what else is being done to provide even more support to the creative industries across the country?
My hon. Friend makes an important point. I join him in welcoming the work of UK Music in promoting careers in that industry to young people. Just this week, a report showed that the creative industries have added more than £70 billion to the economy over the past year and that they employ more than 1.7 million people. Employment is growing five times faster in that sector than in the rest of the economy. Just yesterday, I helped to launch the industry-led creative industries strategy, which is full of more good ideas.
(10 years, 4 months ago)
Commons ChamberI will attempt to speak briefly to this long list of Government new clauses, new schedules and amendments, although I will respond later in the debate if any questions are raised.
New clause 1 and new schedule 1 make changes to provide a fair amount of taxation for activities carried out on the UK continental shelf in connection with the UK’s oil and gas resources. The Government are committed to maximising the benefits that the North sea can bring to the UK economy while ensuring that all companies benefiting from the UK’s natural resources, either directly or indirectly, pay their fair share of tax.
The UK is not currently receiving a fair amount of tax from companies that provide drilling rigs and accommodation vessels to the oil and gas industry. Many of those companies own their assets in lower tax jurisdictions overseas. Those assets are then leased to associated entities operating on the UK continental shelf through specialised leasing arrangements known as bareboat charters, giving rise to a large deductible leasing expense in the UK. That results in up to 90% of operating profit made in the UK being moved overseas.
This measure will cap the amount the UK base contractor can claim as a deductible expense for those leasing payments. It will ensure that companies pay a fair amount of tax for the activities they carry out in connection with the UK’s valuable natural resources.
New clause 2 makes changes to corporation tax group relief rules to remove an unintended restriction that has been identified in current anti-avoidance legislation. That legislation is well targeted and limits the opportunities for avoidance, for example through artificial groupings. However, the rules are triggered in limited circumstances where conditions are agreed or imposed on a group by the Government or a statutory body. That is clearly unintended.
The clause proposes a restricted amendment to section 169(2) of the Corporation Tax Act 2010 to exclude from the definition of “arrangements” situations where conditions are agreed or imposed by the Government. That will ensure that the anti-avoidance rules are more effectively targeted for the future and that companies involved in these specific commercial arrangements will have improved access to group relief. The amended rules will continue to ensure that they prevent manipulation of company control and group status and will continue to restrict access to group relief where appropriate. That will maintain the fairness and consistency of the tax system.
Government new clause 3 and amendments 42 and 43 make a number of changes to three capital allowances: enhanced capital allowances for zero-emission goods vehicles; enhanced capital allowances for enterprise zones; and business premises renovation allowances. All are state aids designed to comply with the general block exemption regulation. The existing regulation ended on 30 June and a new one took effect from 1 July. Although it is similar to its predecessor, the new regulation contains a number of differences that need to be reflected in those reliefs. The new clause and the amendments do that. Broadly, they ensure that various definitions found in those reliefs refer to the new general block exemption regulation.
In the case of enterprise zone allowances, it also excludes expenditure on energy generation, distribution or infrastructure, and broadband networks; restricts qualifying expenditure incurred by large companies in certain enterprise zones to new economic activities; and requires companies that make a production process more efficient to ensure that the qualifying expenditure exceeds by value at least three years’ depreciation of the machines being replaced.
New clause 4 and new schedule 3 make technical changes to the tax legislation applying to co-operative and community benefit societies, industrial and provident societies, European co-operative societies and credit unions to ensure that the definitions used in the legislation are clear, up to date and work as intended. There has been no policy change on the taxation of the various societies or the reliefs available to them, or indeed their members. There will be no effect on their tax position, but the changes we are making will ensure that the legislation is accurate and fully in accordance with the policy intention.
New clause 5 will introduce an additional corporate tax deduction and payable tax credit for theatre production costs. Production companies will be eligible for a payable tax credit worth up to 25% of qualifying expenditure for touring productions and 20% for all other productions. These provisions will be available from September for producers of a wide range of theatre and performance, supporting plays, musicals, dance, ballet, opera and circus.
I welcome this particular measure, because the very well known Buxton opera house is in my constituency of High Peak and it hosts lots of touring theatrical companies. Offering different types of performances to the area engages people in going to the theatre and promotes the local economy, so the measure’s benefits will be broader than we may have thought at first.
(10 years, 6 months ago)
Commons ChamberThe hon. Lady has asked questions about this issue before and I know she is passionate about it. She has made an important point, and it is a shame that she had to finish with party political point scoring on what is a very important issue. She will be aware that the Government have taken a number of initiatives in this area already, and despite her attempt to make a petty point at the end, I will be happy to meet her if she wants to discuss any ideas she has about what more we can do in this important area.
T2. I am sure that the Minister will be interested to read the forthcoming report from the RadioCentre, called “Action Stations”, on the output and impact of commercial radio. I am proud that my local commercial radio station, High Peak Radio, is mentioned in the report, which also outlines the economic benefits of commercial radio: every £1 invested yields £8 for the advertisers. The report will be officially launched on 13 May and I am sure the Minister will study its findings, but does he agree that commercial radio plays a significant role not just in the country’s economy but in supporting communities such as mine in High Peak?
(10 years, 9 months ago)
Westminster HallWestminster Hall is an alternative Chamber for MPs to hold debates, named after the adjoining Westminster Hall.
Each debate is chaired by an MP from the Panel of Chairs, rather than the Speaker or Deputy Speaker. A Government Minister will give the final speech, and no votes may be called on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
I thank the hon. Member for Brighton, Pavilion (Caroline Lucas). I am pleased to serve under your chairmanship, Mr Hollobone, and I congratulate the hon. Member for South Down (Ms Ritchie) on securing this debate.
Three and a half minutes is not enough time for me to extol all the virtues of my High Peak constituency. Suffice it to say that many hon. Members have heard of High Peak and of Buxton, Glossop and all our fantastic attractions, such as the caves of Castleton. Tourism is a huge source of income for the High Peak. I would support a cut in VAT, which would boost the local economy by bringing more tourists into High Peak and across the country. The hon. Member for Westmorland and Lonsdale (Tim Farron), from the Lake district, who is no longer in his place, may argue with me about this, but the Peak district, which covers a lot of my constituency, is the best national park in the country; it is the second most visited in the world, after Mount Fuji. Let us make it the most visited.
A cut in VAT would boost the economy and create jobs for local people, including young people. Many young people work in tourism. One of my first jobs was working as a waiter in a restaurant, often serving tourists. A VAT cut would help in that regard.
Tourism is a competitive market. It is not just about getting people from this country; it is about bringing international visitors into the country. It is part of my job to get them up from London—up the M1 and the M6, and the west coast main line—into High Peak, to see what we have to offer. In an international marketplace, a cut in VAT would help. VAT charged on visitor accommodation in France and Spain, our two biggest competitors in Europe in terms of tourists, is charged at 10%, but it is 20% here. Studies say that, if we cut VAT, operators would pass that on to the customer. We need to try to compete on a level playing field with France and Spain, not on the one that we are encountering at the moment. We must get visitors in from abroad. We must encourage staycations as well, keeping British people here holidaying. We had a good summer last year; let us hope we have another good one this year.
I appreciate that we live in difficult times and that the Treasury is not overdone with cash at the moment, and I hear the talk about fiscal neutrality. However, I regard today almost as a start of a conversation. In an ideal world, we would like to see this cut included in the Budget, but money is tight. Let us start a conversation and look at this idea. I have seen various studies about its benefit to tourism and to the country. We should give this matter serious consideration.
I am sure that the Minister and his colleagues in the Treasury are badgered repeatedly by colleagues who want money for this, that and the other, but as a Member of Parliament representing a seat in a place that exists on huge tourism income, it is incumbent on me to say to the Treasury, “Give this priority among other requests for cash and for money.” If we cut VAT on tourist attractions and hotel accommodation, we will get the benefit.
High Peak is a rural area and we have rural disadvantage. People talk about rural deprivation: we have poor broadband and things like that. A VAT cut will give the economy a boost to offset the difficulties that we face. I am glad that the Minister is here and I am sure that he is listening. On behalf of everybody in High Peak, I ask him to look carefully at this proposal. If we cannot do it in this Budget, let us look at it sooner rather than later.
(10 years, 11 months ago)
Commons ChamberUrgent 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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That is a bit of a laugh coming from Labour, which never bothered to look at the idea at all. Aside from that, this was one of the plans in the statement that I made in June where we set out a £100 billion plan for transport investment. I would happily arrange for the relevant Minister to give the hon. Lady a direct update on progress with the project.
I welcome this plan, too. I draw my right hon. Friend’s attention to the feasibility study for the trans-Pennine route. I am delighted to see that in the plan, particularly with regard to the Mottram-Tintwistle bypass through my constituency and that of the hon. Member for Stalybridge and Hyde (Jonathan Reynolds). He and I have worked together and agree on that project, and I implore the Chief Secretary to bring it forward as quickly as possible. I look forward with great anticipation to the autumn statement, when I hope that we will have a solution to a problem that has bedevilled the House and my constituency for nearly 50 years.
The hon. Gentleman can be assured that that project will be considered as part of our work on the feasibility study on trans-Pennine access. It is good to hear that there is cross-party support for the project and, indeed, that there is any infrastructure project that Labour Members are prepared to support.
(10 years, 11 months ago)
Commons ChamberI agree entirely with the hon. Lady. We are coming up to the winter months. That service is invaluable. As my right hon. Friend the Member for Aylesbury will attest, for parents taking children to schools in Buckinghamshire, knowing when schools are open or closed is an essential service.
I do not wish to buck the trend. My local radio station, High Peak Radio, is vital for such information, particularly as winter approaches. We do not have a digital signal in the High Peak—I could go on at great length about that to the Minister. If people move to DAB, FM will be forgotten. It will still be there, but people will have their radios on DAB and not flick back to FM to listen to their local station, and local stations will be starved out, because radios do not have remote controls for channel flicking like televisions do.
My hon. Friend makes a good point. The Minister should take on board the fact that, so far, DAB has not been designed with small stations and their communities in mind.
As chairman of the all-party group on commercial radio, I am greatly interested in this debate and to hear about digital radio being extended to all the good burghers of Europe, but I would like to make a plea to have it in High Peak, which has very little in the way of a digital radio signal at all.
That brings me neatly on to my next point. I am due to make a major speech about the future of digital radio in the middle of December, when I hope to address particular concerns about coverage. Let me repeat, however, that when it comes to the timetable and the setting of dates, we have always been clear that these will be led by the radio listener. There will be no switchover until the majority of listening is digital. It is clear that we are not there yet, and it will certainly not happen within the time frame that concerns my right hon. Friend. While good progress has been made, with the number of adults with access to a DAB digital radio up 10% year on year and places like London reaching 40%, we need to make more progress.
Let me deal with what my right hon. Friend said about Mix 96 and what other hon. Members have said about their own local commercial and community stations. I am a huge fan of local commercial and community radio. In fact, community radio was brought into being by the last Government; I think it has been a massive success story, as are independent local radio stations. Ofcom’s research shows that local radio still holds value for listeners: it is important and valued. Although some measures have allowed greater networking between local radio stations, we still require local programming both at peak time and outside it. Mix 96 is part of the larger radio group. In fact, it is listed as one of the100 best companies to work for by The Sunday Times. Its concerns are well known to us, and they come not just from UKRD, but from UTV and others.
As for securing a digital future for local commercial and community stations, let me first make it clear that we have never said that we require small stations to go over to digital. We have always said that if and when there is a switchover, we would maintain their presence on FM. It is also true that FM can work in tandem with DAB, as AM has with FM for many years. Many of the manufacturers of DAB radios have agreed a minimum specification, which includes FM. However, I take on board the point—I think it was made by my hon. Friend the Member for High Peak (Andrew Bingham), who talked about remote-controlled radios—that even where we have an FM-DAB station, switching between FM and DAB can be complicated. We are going to see more sets that switch seamlessly as the FM and DAB buttons are pressed, but that does not mean that we do not have to look for a potential solution for local commercial radio to get on to DAB at a cost it can afford.
(11 years, 8 months ago)
Westminster HallWestminster Hall is an alternative Chamber for MPs to hold debates, named after the adjoining Westminster Hall.
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My hon. Friend is absolutely right. Young people can enter the beer and pub industry at the bottom by pulling pints behind the bar, an extremely important role, and work their way up within companies to become managers or work for pub companies and breweries. It can be an extremely fulfilling and constructive career for many. We should encourage the industry to take on more and more young people.
I congratulate my hon. Friend on securing this debate, which is important to many of our constituents. He mentioned the manufacturing contribution that beer makes to the economy. Does he agree that it is not just made by the big brewers—the Carlsbergs and Tetleys—but by the microbreweries popping up across the country? In my constituency, I have a brewery in Buxton and the Howard Town brewery in Glossop. They are also part of the local economy, particularly in rural areas such as mine.
Since the beer duty escalator was introduced by the hon. Lady’s Government, we have seen beer duty increase by 42%, and anybody can work out that that will have a very damaging impact. I am a little disappointed that she is trying to score political points. The debate has been notable for its cross-party support.
My hon. Friend is well known for his support of the industry. If we are going to start playing politics, does he share my delight over the number of coalition Members here compared with Opposition Members?
This important debate has united the House. Some 151 MPs from all parties have signed my early-day motion on the beer duty escalator, and it has support from across the House. It is notable that when we debated the matter on the Floor of the House, only one Member spoke in favour of the beer duty escalator, and I hope that the Minister will repent and change his mind, because he was isolated in that debate.
In the final quarter of last year, 138 million fewer pints were sold in this country compared with the previous year. That is significant, and that is why we must support the brewing industry.
My hon. Friend the Member for Bedford (Richard Fuller) asked from where the money would come to replace the beer duty escalator. I will say two things: first, it is clear that the beer duty escalator is not raising money, because it impacts on beer sales. Beer sales are plummeting, and the Treasury is not raising the money that it expected from the beer duty escalator. Secondly, let us look at the sectors that are growing: cider is in substantial growth, and vodka, which is the drink of young people now, is in growth. We need to have fairness across the duty system that encourages a great British manufacturing success story.
I will point the Minister to some important facts. In his constituency, 2,370 people are employed in the brewing and pub trades, and 898 16 to 24-year olds in his constituency are employed as a result of brewing and pubs. That could be boosted; the brewing and pub industries could help support growth and employ young people. We all recognise the importance of brewing in our constituencies as an economic driver and employer. We also recognise the cultural importance of the great British pint.
There has been some talk today about the impact of drinking on health and antisocial behaviour. I think that the great British pub is the answer here, not the problem. Drinking in a supervised environment with a landlord who would tell someone, “I am sorry. I think you’ve had too much. I am not serving you any more,” is a far better way for young people to be introduced to alcohol than, as the hon. Member for Stoke-on-Trent North (Joan Walley) mentioned, drinking on a park bench or unsupervised at home when mum and dad are not there.
Drinking a pint of beer in a great British pub is one of life’s simple pleasures. It should be enjoyed by every British man and woman across the country and they should do it more often, but they are being priced out of that simple pleasure.
The point about the beer duty escalator—or any escalator—is that when one reaches the top, it is time to get off. We have seen from the falling revenue and sales and the number of pubs that are closing up and down our country that it is time to get off the beer duty escalator. By scrapping it in the Budget, the Minister will be able to promote growth and jobs and put a smile on the face of British drinkers across the country.