(11 years ago)
Commons ChamberWhen we came to office, there was no provision to deal with the large increase in the number of school places that was clearly going to happen because there were more children. Since then, my right hon. Friend the Education Secretary has devoted billions of pounds to dealing with the increase and ensuring that school places are available in Croydon and elsewhere. That is another example of our not only planning for the long term, but clearing up the mess that was bequeathed to us.
It is clear from today’s statement that although the economy is recovering, there is still much to be done, but it is also clear that this Chancellor will not shy away from the tough decisions that will allow our progress to continue. Does he agree that it is entirely appropriate that the key beneficiaries of the measures that he has announced will be our young people, both through employment incentives and training opportunities from which they can benefit now, and, in particular, through his removal of much of the burden that was left for future generations by the Labour party?
My hon. Friend has campaigned on behalf of his Rugby constituents for more opportunities for young people, and we are providing those opportunities through the abolition of the jobs tax and the steps that we have taken to enable his young constituents to obtain apprenticeships and go to university. Above all, however, we are helping the businesses in his constituency. He in particular campaigned for me to do something about business rates, so he can share the credit: he is part of the Government who have delivered today.
(12 years ago)
Commons ChamberI welcome the hon. Lady to the House of Commons and congratulate her on her by-election victory—[Interruption.] I did not find time to visit Manchester Central during the by-election. We are providing a great deal of investment in Manchester. We have the new enterprise zone and we are working with Manchester city council on the northern hub, which will have an enormous impact—in a good sense—on Manchester. We have listened to and worked with the local authority on that. As someone who represents many of the people who go to work in her constituency, I think that over the past couple of years, in working with the local authorities, we have done a great deal to improve Manchester’s prospects.
The Chancellor has set out clearly how, in order to avoid the next generation having to pay for this generation, the Government are entirely right to continue to get the deficit down. May I welcome his support for wealth-creating private business and particularly the relief on business rates for new commercial property, which will both stimulate the construction sector and improve the availability of premises for growing businesses?
In my statement, I had to choose just a couple of hon. Members who have brought that issue to my attention, but I should put it on record that my hon. Friend was one of those who came to see me to campaign for action on empty property rate relief to mitigate the damage that it has done to some of our cities and towns since its introduction by the previous Labour Government. The 18-month grace period will help the construction of new commercial premises, and I congratulate him on the work he has done on behalf of his constituents to bring that about.
(12 years, 9 months ago)
Commons ChamberWe are making businesses more competitive by cutting business taxes, helping work pay by increasing the personal allowance and introducing universal credit, and helping unemployed people into work through our Work programme and work experience.
As someone who owned and ran a business, I welcome the reductions in corporation tax and the small profits rate already announced by my right hon. Friend, but a further area of taxation is business rates, where although the reliefs for small companies are very helpful, many businesses currently face a significant increase. Can anything further be done to help businesses in this respect?
I will not pre-empt any Budget announcements, but I will say that we have extended small business rate relief to 2013. We announced that in November, and it will help more than half a million small businesses, and we have also introduced a deferral scheme to help larger businesses with their cash flow, so we are doing other things as well as reducing corporation tax—a further reduction in corporation tax is planned for April, of course—and cutting the small companies tax rate, which was due to go up under the previous Labour Government.
(13 years ago)
Commons ChamberWe are doing all we can to keep our country safe in a debt storm. We need only look at the Italian bond auction today to see the market rates that Italy is paying. We are currently, in a debt crisis, borrowing money more cheaply than Germany. That represents a vote of confidence in the deficit plan of the United Kingdom.
I thank the Chancellor for listening to the representations of energy-intensive industries, and I welcome the measures that he has announced. They will be examined closely by companies such as CEMEX, which is in my constituency. Can he give us an estimate of the number of UK jobs that will be saved as a result of his measures, both directly and in the supply chain?
We have not made an exact estimate of the number of jobs that will be saved, but I am certain that these measures will help to keep such industries in the United Kingdom. It is important that we do not price our industry out of the world market. That would do nothing to reduce our carbon emissions, but it would damage our economy. We have worked with the energy-intensive industries and the business organisations to develop our package, and I think that it achieves the right balance between ensuring that those industries remain competitive and meeting our international environmental obligations.