Oral Answers to Questions

Debate between George Osborne and James Morris
Tuesday 7th June 2016

(7 years, 11 months ago)

Commons Chamber
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James Morris Portrait James Morris (Halesowen and Rowley Regis) (Con)
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The black country economy in the west midlands has been one of the fastest growing sub-regions in the UK over the past few years, with new jobs and investment. Does the Chancellor agree that we need to continue to focus on investing in growth in the black country and avoid the economic risk that would come from us leaving the European Union?

George Osborne Portrait Mr Osborne
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I agree with my hon. Friend on both points. First, I think that there is an enormous amount of exciting news in the black country, with businesses there growing and creating jobs, and more investment is coming into the part of the country he represents so well. Secondly, I think that economic growth would be at risk if we left the European Union. We have today heard warnings from the chairman of the Federal Reserve, the head of Hitachi and the head of the World Trade Organisation, all telling us that there is a real economic risk for the UK if we vote to leave.

Spending Review and Autumn Statement

Debate between George Osborne and James Morris
Wednesday 25th November 2015

(8 years, 5 months ago)

Commons Chamber
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James Morris Portrait James Morris (Halesowen and Rowley Regis) (Con)
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As the chairman of the all-party group on mental health, may I welcome the Chancellor’s announcement of additional money for mental health? Does he agree that that is a first step in delivering our manifesto commitments on mental health, which not only is right in principle, but will put mental health at the centre of our national health service in the future?

George Osborne Portrait Mr Osborne
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My hon. Friend has been a great champion of mental health, and he is right in what he says.

Oral Answers to Questions

Debate between George Osborne and James Morris
Tuesday 27th October 2015

(8 years, 6 months ago)

Commons Chamber
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James Morris Portrait James Morris (Halesowen and Rowley Regis) (Con)
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7. What assessment he has made of recent trends in the level of employment.

George Osborne Portrait The First Secretary of State and Chancellor of the Exchequer (Mr George Osborne)
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We have a record number of people in work. Today’s GDP data show that Britain continues to outperform other western economies, but there are clear global risks and there is still much more to be done to fix our economy. In the autumn statement, we will take more steps to ensure the recovery is felt right across the country, make long-term investments for the future, and, crucially, continue to make the tough decisions required so that Britain lives within her means.

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James Morris Portrait James Morris
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Unemployment in my constituency has fallen by 50% since 2010, but, given the recent news about the difficulties in Caparo in the west midlands, we must not be complacent. Does the Chancellor agree that we need to do more to invest in training and skills, such as the new advanced science, engineering and technology centre at Halesowen college, so we can equip local people with the skills they need to take future opportunities?

George Osborne Portrait Mr Osborne
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I visited with my hon. Friend a number of the very successful businesses in his constituency; they are exactly the kind of small and medium-sized businesses that are the backbone of the British economy. They need help with their training, and Halesowen college can help to provide that training to the young people in the area, so they can get the jobs that are being created in his area.

Greece

Debate between George Osborne and James Morris
Monday 29th June 2015

(8 years, 10 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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As I said earlier, the IMF has preferred creditor status and it has precautionary balances—in other words, it can withstand losses—and no one has ever lost money by providing support to the IMF, so we should bear that in mind as we have these discussions.

James Morris Portrait James Morris (Halesowen and Rowley Regis) (Con)
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Notwithstanding the steps the Chancellor has taken to contain the immediate crisis, does he agree that the broader lesson for Europe is that unless countries are determined to reform their welfare system, tackle public sector pensions and improve competitiveness, we may see other such crises in southern Europe?

Oral Answers to Questions

Debate between George Osborne and James Morris
Tuesday 27th January 2015

(9 years, 3 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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We increased the employer’s threshold when we came into office to reverse the damage done by the jobs tax increase proposed by the previous Labour Government. We have used the personal income tax allowance as the best method of lifting people out of income tax. It stands at £10,600, and our long-term economic plan proposes to raise it to £12,500. I am happy to work with the hon. Gentleman on other measures we can undertake to support employment and jobs in Northern Ireland. Is it not absolutely striking that on a question about the jobs tax and a question about unemployment, not a single Labour MP gets up to speak?

James Morris Portrait James Morris (Halesowen and Rowley Regis) (Con)
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7. What progress his Department has made on supporting businesses.

Autumn Statement

Debate between George Osborne and James Morris
Wednesday 3rd December 2014

(9 years, 5 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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I am absolutely ready to engage with authorities, including of course Labour authorities, in Birmingham and in the rest of the west midlands on what more we can do to invest in the west midlands. We have had a good and productive cross-party relationship with the Labour leaders in Manchester, and I would like to see that replicated in Birmingham, with Albert Bore, and with the Conservative, Labour and Liberal Democrat authorities in the black country. We are willing to do that and to hear their good ideas.

A number of proposals have been made on enterprise zones. We will make an announcement in the Budget. A lot of good ideas have come in. We were not ready to assess all the different bids to make a decision in time for the autumn statement, but we will do that in time for the Budget.

James Morris Portrait James Morris (Halesowen and Rowley Regis) (Con)
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I welcome the Chancellor’s statement, particularly his commitment to new spending on the NHS. Does he agree that we can invest in things such as the new Midland Metropolitan hospital in Sandwell and improved services at Rowley Regis hospital only if we stick to our long-term plan and have strong economic growth?

George Osborne Portrait Mr Osborne
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I have visited with my hon. Friend the great local NHS that he does so much to support and have seen his commitment to major capital investment in new hospital services. I hope his area will also benefit from the new £1 billion fund for improving primary care facilities so that we can deliver secondary care-style services in our communities, working with our GPs. That will be a huge investment, on top of the big investment he has already secured for his area.

Oral Answers to Questions

Debate between George Osborne and James Morris
Tuesday 4th November 2014

(9 years, 6 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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We are operating under a tough set of rules. The rules were put in place in 2007.

James Morris Portrait James Morris (Halesowen and Rowley Regis) (Con)
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T10. There are now 1,217 fewer people claiming unemployment benefit in my constituency than in 2010. Does the Chancellor agree that we need to continue the job of reducing business taxes to incentivise business to create jobs, rather than to adopt the policy of slapping higher taxes on business, which will only have the effect of destroying jobs?

George Osborne Portrait Mr Osborne
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My hon. Friend is absolutely right. I have been lucky enough to visit successful manufacturing businesses in his constituency with him and, indeed, to see the investment that as a result we are able to make in new hospitals in the west midlands. He of course makes the very strong point that if you increase business taxes—that is the official policy of the Labour party—in such a competitive world, you will destroy jobs, reduce revenues and not be able to fund good public services.

Autumn Statement

Debate between George Osborne and James Morris
Thursday 5th December 2013

(10 years, 5 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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I absolutely support my hon. Friend and his campaign to make sure that the local council helps local hard-working families by freezing council tax—that is what it should be doing. By bringing this to our attention, he reminds us that there are things we can do to help people, and we are doing them today.

James Morris Portrait James Morris (Halesowen and Rowley Regis) (Con)
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I warmly welcome the Chancellor’s statement, particularly his focus on infrastructure and his infrastructure plan, and the progress that has been made on the extension of Birmingham airport. Does he agree that as we sustain this economic recovery, investment in infrastructure in places such as the west midlands is crucial to rebalancing the economy and creating jobs in constituencies such as mine in the black country?

George Osborne Portrait Mr Osborne
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I agree with my hon. Friend. The good news is that businesses are expanding, and jobs are being created in Halesowen and across the black country. We have got to make sure we support that, with enterprise zones, with transport links, with links to the rest of the country and, indeed, with the European continent, through High Speed 2, and by investing in important things such as his local hospital. In all these areas we are backing his constituents, and because they have him as their Member of Parliament, they are heard in this place.

Spending Review

Debate between George Osborne and James Morris
Wednesday 26th June 2013

(10 years, 10 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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Child poverty went up by 300,000 during the recession of the previous Government, and the hon. Lady was a Government MP at the time. We have taken a number of actions today, such as that on the pupil premium, to help the poorest kids, and there is also the troubled families initiative. That means 400 families helped by our plans. The distributional analysis, as I showed, shows that the richest quintile in our society are paying the most as a result of the collection of these measures. We are demonstrating that it is possible to have progressive policies while living with sane public finances.

James Morris Portrait James Morris (Halesowen and Rowley Regis) (Con)
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In my constituency, 2,500 more people are in work than at the time of the general election. That employment growth is largely a result of Government investment in apprenticeships and skills. Does the Chancellor agree that we need to invest more in apprenticeships and skills and to give local areas more control over how they invest in skills?

George Osborne Portrait Mr Osborne
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I absolutely agree with my hon. Friend. It is good to hear that the businesses of the west midlands and Halesowen and Rowley Regis are taking the opportunity to grow, expand and take people on. We are committed to the apprenticeship programme and are also committing to more local involvement in how money is spent through the Heseltine local growth pot, which will be £10 billion over the rest of the decade. Through some of our apprenticeship reforms set out in the Richard review, we will give the businesses my hon. Friend represents much greater influence over the kinds of skills that are taught locally.

Oral Answers to Questions

Debate between George Osborne and James Morris
Tuesday 12th March 2013

(11 years, 2 months ago)

Commons Chamber
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James Morris Portrait James Morris (Halesowen and Rowley Regis) (Con)
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Does the Chancellor agree that increasing the personal allowance again will mean that a basic rate taxpayer in my constituency will pay £600 less in tax as a result of the measures taken by the Government?

George Osborne Portrait Mr George Osborne
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That is already planned and was announced last year. In April, people will be £600 a year —£50 a month—better off. We have also taken 2 million people out of tax altogether, which is a sign of our commitment to those on low incomes and a sign of our commitment to all those who work hard and want to get on.

Oral Answers to Questions

Debate between George Osborne and James Morris
Tuesday 29th January 2013

(11 years, 3 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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There is a pretty simple definition. Every day and every week the British Government have to go and borrow money to fund the extremely large deficit that was left behind, but we can command record low interest rates because of the confidence that the rest of the world has in our economic plans.

James Morris Portrait James Morris (Halesowen and Rowley Regis) (Con)
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Unemployment among 18 to 24-year-olds in my constituency is 15% lower than it was in December 2011, but does the Chancellor agree that we still need to do more to improve young people’s skills, especially in the context of the black country city deal, which is focusing on skills in advanced manufacturing? May I commend that proposal to the Treasury team?

Autumn Statement

Debate between George Osborne and James Morris
Wednesday 5th December 2012

(11 years, 5 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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The richest have paid more income tax in every single year under this Government than in any one of the 13 years for which there was a Labour Government and the shadow Chancellor was the country’s chief economic adviser. If the hon. Lady has a problem with the reduction in the 50p rate to a 45p rate, perhaps she can tell me—her colleagues on the Front Bench certainly will not—whether Labour would reverse that policy if it won the next election.

James Morris Portrait James Morris (Halesowen and Rowley Regis) (Con)
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I welcome the Chancellor’s announcement on capital spending, particularly the new PF2—private finance 2—scheme he announced today. Does he agree that that scheme would be ideal for the new hospital in Sandwell, which has been identified by the Treasury today as a priority project for that scheme and will greatly benefit people in Sandwell and across the black country?

George Osborne Portrait Mr Osborne
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We have identified the hospital in Sandwell as a prime candidate for the new PF2. I know that it will help improve facilities for the many people my hon. Friend represents. It is a very good project and I hope that we will be able to proceed with it.

IMF

Debate between George Osborne and James Morris
Monday 23rd April 2012

(12 years ago)

Commons Chamber
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George Osborne Portrait Mr George Osborne
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Unfortunately, the shadow Chancellor has not, in the 18 months that he has been doing that job, set out any kind of consistent and principle-based opposition to the Government. It is all over the place, and has ended up with the Labour party voting against an increase in IMF resources. If we asked people for one of the achievements of the three-year Brown Government, they would probably say, “The London G20 summit was about the only one,” and that was all about increasing IMF resources. The position that the shadow Chancellor has led the Labour into is a remarkable one.

James Morris Portrait James Morris (Halesowen and Rowley Regis) (Con)
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My constituents have legitimate concerns whenever large amounts of money are placed in international institutions. Will the Chancellor therefore confirm that the money Britain has loaned to the IMF can be used globally and not necessarily in the eurozone, and that the IMF will use its normal, stringent mechanisms for ensuring that the money is spent wisely?

George Osborne Portrait Mr Osborne
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I can tell my hon. Friend that his west midlands constituents will not have to pay any more taxes for the loan and will see no cuts in public services as a result of it. The money comes out of the foreign exchange reserves—the foreign currencies that Britain holds and always has held. I would also say to the people of the west midlands and elsewhere that the money is available for all countries in the world that get themselves into difficulties. They have to meet certain conditions—very tough conditions—before they get access to the money, but if the world did not have a global institution such as the IMF, we would be in a much worse place. All the manufacturers and exporters in the west midlands understand that problems in the world economy and our export markets come back to bite us very quickly indeed.

Autumn Statement

Debate between George Osborne and James Morris
Tuesday 29th November 2011

(12 years, 5 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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I said that the borrowing forecast had deteriorated, and—unlike the Labour party—I set up an independent body to ensure that those figures are independently verified and not fiddled, as they were by the shadow Chancellor when he was in office. I can confirm that borrowing would be £100 billion higher if we had pursued the spending policies set out by the Labour party.

James Morris Portrait James Morris (Halesowen and Rowley Regis) (Con)
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May I welcome the Chancellor’s statement today, especially in its support for small business? I recently visited a company in my constituency, Somers Forge, which is growing and providing young people with training and support. Does he agree that that is precisely the sort of business that will benefit from some of the measures that he has announced today?

George Osborne Portrait Mr Osborne
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Absolutely. We are doing a huge amount to support small businesses through our rate policy, the national loan guarantee scheme that we have announced and the support that we have given to companies that innovate and want to bring those innovations to market. We are doing all those things to help the small businesses of this country so that they can create jobs and grow.

Banking

Debate between George Osborne and James Morris
Wednesday 9th February 2011

(13 years, 3 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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The transparency arrangements are the ones that I have set out, and the arrangements for managing RBS are the ones put in place by the Government of whom he was a Whip.

James Morris Portrait James Morris (Halesowen and Rowley Regis) (Con)
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Many hard-working families and people in my constituency will welcome today’s announcements. Does the Chancellor agree that the banks have a moral responsibility to invest in areas such as the west midlands and the black country, where we need the private sector jobs growth that is vital for the future?

George Osborne Portrait Mr Osborne
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I absolutely agree with my hon. Friend. There is a preponderance of small and medium-sized manufacturing businesses in the west midlands and the black country, as I know from my various visits there. These are precisely the sort of firms that we need to help and assist, and this agreement means that more lending will be available to them. As I say, there is also a commitment to a regional business support fund that will provide equity investment to help those small and medium-sized firms to become bigger firms, which is what the British economy needs so that we do not, as we did in the past 10 years, depend on one sector, in one corner of the country, for our economic growth.

Comprehensive Spending Review

Debate between George Osborne and James Morris
Wednesday 20th October 2010

(13 years, 7 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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Let me explain a couple of things to the right hon. Gentleman. First, as a member of the Cabinet, he fought the general election on protecting part of the health service, not the whole of it, if I remember correctly. He talked about two years of real increases in school funding, but we are going with four. I think he also made a promise on police numbers, but the then Home Secretary ditched the promise in the middle of the general election. The Ministry of Justice has to make a contribution. The right hon. Gentleman says, “Not on this scale”, but over the next four years, the actual reduction in non-protected Departments would have been greater under his Government than under ours because of the decisions we have taken on welfare. The Institute for Fiscal Studies calculated a figure of minus 20%; it is minus 19% in our figures. The Ministry of Justice is, of course, part of one of those non-protected areas.

James Morris Portrait James Morris (Halesowen and Rowley Regis) (Con)
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I welcome the Chancellor’s statement, and I know that many hard-working people in my constituency will support the welfare reforms he has announced. Does my right hon. Friend agree that the welfare reform proposals made today are vital because the decisions were ducked by the previous Government?

George Osborne Portrait Mr Osborne
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My hon. Friend is absolutely right. These decisions are absolutely vital to provide economic stability and to make sure that Britain does not go back to the brink of bankruptcy. What I would say to my hon. Friend and his constituents, many of whom work extremely hard and for long hours to pay their taxes, is that it is not acceptable for those taxes to go into the debt interest that we pay to foreign creditors when we really want the money spent here at home. That is what this is all about—trying to reduce our debt bills and bring some economic stability by reforming a welfare state that, frankly, grew out of control. We have taken the decisions today. If people have alternatives, they can put them on the table.