Oral Answers to Questions

Debate between George Osborne and Huw Merriman
Tuesday 1st March 2016

(8 years, 9 months ago)

Commons Chamber
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Huw Merriman Portrait Huw Merriman (Bexhill and Battle) (Con)
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5. What fiscal steps he is taking to help first-time homebuyers.

George Osborne Portrait The First Secretary of State and Chancellor of the Exchequer (Mr George Osborne)
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The Government want to make home ownership a reality for as many people as possible, which is why we are building 400,000 new homes and have extended Help to Buy. Our new Help to Buy ISA, launched a year ago at the Budget, is already being used by almost one third of a million families to save for their first home—confirmation that the Conservative Government are on the side of home ownership.

Huw Merriman Portrait Huw Merriman
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Recent figures show that 82% of buyers who used Help to Buy would not have been able to buy their home without that scheme. Does my right hon. Friend agree that the Conservatives are helping hard-working people to realise their dreams of home ownership? Is he aware of alternative economic policies and the risk that they pose to families in my constituency?

George Osborne Portrait Mr Osborne
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My hon. Friend is right, and 130,000 people have made use of our Help to Buy scheme, which has helped people in his constituency and elsewhere to get on the housing ladder. At the same time, we are seeking to increase supply by building more homes for people to buy. First-time buyers were down by more than 50% under the previous Labour Government, but they are up by 60% with us.

Oral Answers to Questions

Debate between George Osborne and Huw Merriman
Wednesday 9th December 2015

(9 years ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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There seems to be collective amnesia among Labour Members: they introduced tuition fees and the payment threshold was £15,000. We have increased it to £21,000, which enables us to fund the lifting of the cap and more people who are qualified to go to university. I would have thought, and I would have hoped, that on this day the hon. Gentleman welcomed the big investment we are making in Cambridge, not least with the renovation of the famous Cavendish laboratory.

Huw Merriman Portrait Huw Merriman (Bexhill and Battle) (Con)
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The Bexhill-Hastings link road will finally open this month, delivering a business park, new homes for a new labour market and a countryside park. The road has been talked about for decades but it has been commissioned and built in the past five. Will the Chancellor join me in welcoming new business to relocate to Bexhill and Hastings, and to expand?

George Osborne Portrait Mr Osborne
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I would certainly encourage businesses to relocate to my hon. Friend’s area. He is right about the link road: for decades people called for it, and although for all those years there was a Conservative MP for Bexhill, there was a Labour MP for Hastings for many of those years and nothing happened. Now that we have Conservative MPs in both Bexhill and Hastings, we are getting the investment the local area needs.

Spending Review and Autumn Statement

Debate between George Osborne and Huw Merriman
Wednesday 25th November 2015

(9 years ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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The £15 million from the tampon tax will be available to charities that support women: not just women’s health causes but domestic violence causes, where they do brilliant work. I have announced the allocation to four charities, some of which are already involved in domestic abuse prevention. Having listened to the hon. Lady over the past few months as a new Member of Parliament, I suspect that we will not agree on many things in this Parliament, but if she has some good causes that she would like to be funded by this money, I will take a very serious look at them.

Huw Merriman Portrait Huw Merriman (Bexhill and Battle) (Con)
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I welcome the devolved powers on business rates and adult social care funding to local authorities. In my constituency, we desperately need to attract more business to pay for an ageing population. With that in mind, will the Chancellor restate his support for the High Speed 1 link between my constituency and the neighbouring constituency of Hastings and Rye?

George Osborne Portrait Mr Osborne
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I am happy to restate my support for the Javelin travelling to Hastings and supporting my hon. Friend’s constituents in Bexhill and Battle. We are also investing in the roads in his area, because it is a particularly congested part of the south-east. There are lots of exciting things happening on the south coast at the moment, as businesses come in and the university in Hastings—where some of the people he represents work—grows. I am very happy to look at anything more we can do to boost businesses in my hon. Friend’s constituency.

Oral Answers to Questions

Debate between George Osborne and Huw Merriman
Tuesday 21st July 2015

(9 years, 5 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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We are well aware of the difficult situation with the finances of the Northern Ireland Executive, and of the objections in some quarters of the Assembly to what are, I think, sensible welfare reforms that will help people in Northern Ireland into work. We are working with the First Minister and the Deputy First Minister to resolve that impasse, but it is clearly not sustainable to allow a devolved Administration to ignore the controls placed on them. I know that the hon. Gentleman and his party support that position, and we are working with him, and others, to resolve the issue.

Huw Merriman Portrait Huw Merriman (Bexhill and Battle) (Con)
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Will my right hon. Friend continue to encourage Opposition Members to support our Budget proposals, noting that the legislation for a budget surplus comes before the House later this year?