(11 years, 11 months ago)
Commons ChamberThank you, Mr Speaker—I am now in a calm frame of mind.
The average working wage in my constituency of North Warwickshire and Bedworth is less than the national average wage. What does the Chancellor suggest I tell my constituents when they ask me, in bewilderment, how the Labour party can vote against a welfare cap that will prevent people on benefits from taking home a larger disposable income than my constituents who are in work?
I think that my hon. Friend’s constituents and many people in the country will be completely bewildered that Labour opposes a cap on benefits that simply means that people who are out of work will not get more than the average family get from being in work. It means that in two and a half years’ time or thereabouts, his constituents will have a choice between continuing to return my hon. Friend to Parliament to ensure that their money is well spent and the unlimited benefits that his Labour opponent will be offering.
(13 years, 11 months ago)
Commons ChamberWhat the Irish banks are getting, in many cases, is a capital injection. As in the UK, the banks have been very poorly regulated. We are improving our regulation system. If the hon. Gentleman does not think we should be supporting the Irish banking system, the impact of his proposals on his constituents in Derbyshire would be very severe.
The shadow Chancellor says that he is concerned about what he calls slow growth in coming years. Does the Chancellor agree that steady, sustainable and private sector-led growth is exactly what the UK needs after the bubble that was inflated and then burst by the previous Government?
My hon. Friend makes an extremely good point. What is happening here is a rebalancing of the economy. I hear the shadow Chancellor muttering away about what he calls slow growth, but according to the European Commission forecasts today our growth is more rapid than that of Germany, France, the United States of America or Japan, as well as than the EU average and the eurozone average. I am not sure what his proposals are to increase that growth rate but if he has some, now is the time to produce them.
(14 years, 1 month 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.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
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As I was saying in reply to my hon. Friend the Member for Colchester (Bob Russell), we are keen to ensure that the tax gap is reduced and that Her Majesty’s Revenue and Customs is an organisation that is able to collect that tax that is due to us all. Unfortunately, as has been well documented in recent days, we have inherited a whole string of problems, including 6 million people being given the wrong tax information under the previous Government. We are putting in place the measures that I believe will improve HMRC and enable it to focus on reducing that tax gap.
Does the Chancellor agree with the right hon. Member for Kirkcaldy and Cowdenbeath (Mr Brown), who said in 1996:
“Losing control of public spending doesn’t help the poor”?
It is not often that I say this, but I agree with the right hon. Member for Kirkcaldy and Cowdenbeath on that. Maybe one day he will turn up in the House of Commons and explain what he meant.