Finance Bill Debate

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Department: HM Treasury

Finance Bill

Anna Soubry Excerpts
Tuesday 12th September 2017

(7 years, 2 months ago)

Commons Chamber
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Mel Stride Portrait Mel Stride
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My hon. Friend raises an important point on business rates, which are very important as one of the key components of costs for businesses. In 2016 we announced a £9 billion package to ensure that business rates were not too onerous for small businesses, and we have of course this year announced a further £400 million-plus to make sure that further funds are available to those who require it.

Anna Soubry Portrait Anna Soubry (Broxtowe) (Con)
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My right hon. Friend is making an excellent speech. Does he share my concern that the shadow Chancellor does not seem to be present—although he is active on his Twitter account? Does my right hon. Friend know why the shadow Chancellor is not here to hear this excellent speech? Is he stirring up insurrection and urging people to engage in unlawful strike action?

Mel Stride Portrait Mel Stride
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As usual, my right hon. Friend makes some very insightful observations. I have no news, I am afraid, as to where the shadow Chancellor is. Perhaps he has his nose deep in the little red book, but my advice to him is to read my speech and to learn, because there is much to learn from what I have already said and what I am about to share with the House.

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Peter Dowd Portrait Peter Dowd
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My hon. Friend the Member for Bolsover (Mr Skinner) is a hero.

Anna Soubry Portrait Anna Soubry
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I would make exactly the same point as my hon. Friend the Member for Shipley (Philip Davies). How many Labour Members, including the hon. Member for Bolsover (Mr Skinner), voted in favour of last night’s Bill?

Peter Dowd Portrait Peter Dowd
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Conservative Members acquiesced in their droves, and it is a shame—it is absolutely shocking—that they did so.

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Charlie Elphicke Portrait Charlie Elphicke
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The hon. Lady makes a valiant attempt to gloss over a £100 billion black hole in her party’s costings, which would obviously have a massive impact on the public finances. That is a key concern, and it is central to what the Finance Bill is about.

Anna Soubry Portrait Anna Soubry
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Does my hon. Friend agree it is undoubtedly the case that millions of young people were left in no doubt that if they voted Labour and then, unfortunately, a Labour Government were returned, that Government would have written off student debt? Labour Members did nothing during the general election to disabuse young people of what was undoubtedly a con.

Charlie Elphicke Portrait Charlie Elphicke
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My right hon. Friend makes a powerful point—she is completely correct. It is exactly my recollection that the people of Britain were sold a false prospectus by the Labour party.