Chris Philp
Main Page: Chris Philp (Conservative - Croydon South)Department Debates - View all Chris Philp's debates with the HM Treasury
(5 years, 11 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Robert Jenrick
We have had numerous conversations with local partners in north Wales, and with the Welsh Government. I urge the hon. Gentleman to take the message to the Welsh Government, but they also need to engage with the UK Government to secure that important deal, which, as he says, will link the economy of north Wales with the north-west and the northern powerhouse to drive productivity.
Chris Philp (Croydon South) (Con)
Does the Minister agree that cutting corporation tax to 19% has encouraged business investment, boosting productivity as well as encouraging the creation of 3 million new jobs?
Robert Jenrick
My hon. Friend is absolutely right. When we reduce the tax to 17%, we will see those productivity gains increase—and, contrary to what the Opposition have claimed, revenues have increased.