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Speech in Commons Chamber - Wed 12 May 2021
Better Jobs and a Fair Deal at Work

"The Queen’s Speech yesterday placed at its heart recovery from the pandemic and restoring the public finances, much as the Budget did a few months previously. Protecting jobs and businesses and driving economic growth will deliver that, and the Queen’s Speech brought forward a wealth of Bills and means by …..."
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Speech in Commons Chamber - Mon 26 Apr 2021
Financial Services Bill

"There is a famous saying, is there not, that an Englishman’s home is his castle, but the problems born out of the banking crisis in 2008 still persist. Indeed, there are a quarter of a million households with mortgages affected by lenders who suffered at that time. They are with …..."
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Written Question
Public Expenditure: Scotland
Thursday 15th April 2021

Asked by: Duncan Baker (Conservative - North Norfolk)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the briefing note published by the Institute for Fiscal Studies on 31 March 2020, and its finding that public spending per person in Scotland is over 30 per cent higher than equivalent English funding, if he will review the Barnett formula to take account of (a) recent trends in the level of Scotland’s population growth and (b) the cost of living in that country.

Answered by Steve Barclay

The government sets out funding arrangements for the Devolved Administrations in the Statement of Funding Policy (SFP), which was most recently updated at the 2020 Spending Review and is kept under review. The 2020 SFP states that the Barnett formula continues to perform a key part of the arrangements for pooling and sharing risks and resources across the UK. This means that a downturn in one area can be supported by other areas, rather than being dependent on local economic conditions – and a windfall can be shared with other areas. It ensures the devolved administrations receive a population share of changes in relevant funding consistent with the wider principles set out in the SFP.

Speech in Commons Chamber - Tue 13 Apr 2021
Finance (No. 2) Bill

"An unprecedented time calls for an unprecedented Budget, and that is exactly what the Chancellor delivered, which is now set out in this Bill. The Budget had at its heart a focus on supporting people and businesses as we begin to emerge from the pandemic, and it laid out how, …..."
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Written Question
Multinational Companies: Tax Avoidance
Thursday 11th February 2021

Asked by: Duncan Baker (Conservative - North Norfolk)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will make a root-and-branch assessment of the implications of the business models of large internet companies for his policies on state aid and tax avoidance.

Answered by Jesse Norman - Shadow Leader of the House of Commons

Ensuring an effective solution to the challenges related to the taxation of the digital economy is a priority for the Government. In April 2020, the Government introduced a Digital Services Tax which ensures digital businesses pay UK tax that reflects the value they derive from UK users. The Government is also strongly supportive of OECD negotiations which seek to come to a global consensus agreement on the taxation of the digital economy.

Regarding subsidy control, following the end of the transition period, the UK also has the freedom to design a new domestic regime. The Secretary of State for Business, Energy and Industrial Strategy recently published a consultation seeking views on the approach the Government should take.

Speech in Commons Chamber - Wed 03 Feb 2021
Exiting the European Union (Excise)

"It is an honour to speak in this debate. Although I agree that the statutory instrument does not have the snappiest title—Travellers’ Allowances and Miscellaneous Provisions (EU Exit) Regulations 2020—we should not let that hide the importance of this useful piece of legislation. As a former finance director with the …..."
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Speech in Commons Chamber - Thu 21 Jan 2021
Equitable Life

"I thank my hon. Friend the Member for Harrow East (Bob Blackman) for his tireless campaign. I do not think that anybody participating in this debate could fail to be moved by the stories that we have heard today. As one of my constituents said:

“As time passes and age …..."
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Speech in Commons Chamber - Thu 10 Dec 2020
Future Relationship with the EU

"I am sure it was absolutely no coincidence that the Prime Minister dined on scallops and turbot last night. I represent a coastal community. Can my right hon. Friend assure me that this is not about the fact that fishing is a necessarily small part of our GDP at the …..."
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Speech in Commons Chamber - Mon 09 Nov 2020
Small Breweries Relief

"The right hon. Member is most generous in giving way, and I thank her so much for bringing such an important debate here this evening. I recently visited the fantastic small brewery of Moon Gazer ales in a small village called Hindringham in my North Norfolk constituency. The right hon. …..."
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Speech in Commons Chamber - Tue 20 Oct 2020
Black History Month

"It is a privilege to speak in this debate on such important matters, as so many have said before me. I want to start with a really positive message that the UK has traditionally been one of the most open, tolerant, welcoming and diverse countries in the western world, with …..."
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