The Growth Plan
Debate between Deidre Brock and Kwasi Kwarteng(2 years, 3 months ago)
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Kwasi Kwarteng
That figure does not relate to taxable profits here in the UK, and it is not remotely accurate.
Deidre Brock (Edinburgh North and Leith) (SNP)
How and when will the Chancellor address the concerns raised by economists at the Resolution Foundation, the Institute for Government and the IFS that this package does not meet the current fiscal rules?
Kwasi Kwarteng
As I said in my statement, we have a medium-term fiscal plan that will outline the medium-term approach to fiscal discipline in the next few months.
Russian Oil Import Ban
Debate between Deidre Brock and Kwasi Kwarteng(2 years, 9 months ago)
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Kwasi Kwarteng
I hear the clamour for a tidal range facility in the Vale of Clwyd, and I am sympathetic towards it. My hon. Friend will, I am sure, be good enough to acknowledge that for the first time ever in the fourth auction round we have a tidal stream auction pot. We are committed to doing all we can to further the development of marine renewable energy.
Deidre Brock (Edinburgh North and Leith) (SNP)
The Secretary of State said that he was 100% behind renewables and he has mentioned the tidal stream pot, but I would like him to offer so much more support for tidal energy schemes, in which Scotland can play such an important role. It is a such a cleaner, greener and cheaper alternative to nuclear.
Kwasi Kwarteng
I recognise the hon. Lady’s commitment to tidal stream, and she will be good enough to notice that this is the first time that any British Government have committed to supporting any marine energy renewable project. There is always the clamour for more. We should do more, and we could do things more quickly, and I am happy to work with her and other Members across the House to see how best we can do that.