Business of the House

Harriett Baldwin Excerpts

Thursday 15th September 2011 Commons Chamber

[Sir George Young]

The hon. Gentleman will know that there is a period of consultation on the draft national planning policy framework. The Minister of State, Department for Communities and Local Government, my right hon. Friend the Member for Tunbridge Wells (Greg Clark), who has responsibility for planning, has on many occasions sought to reassure both the House and the country as a whole that our policies—unlike some designed by our opponents—will create sustainable growth, but not at the expense of the environment and the green belt. The framework does not override local plans, and it protects the green belt, areas of outstanding natural beauty, sites of special scientific interest and the rest. I personally would welcome a debate at the end of the process, so that the House could have an opportunity to let its views be heard on this important issue.

[Harriett Baldwin (West Worcestershire) (Con)]

May we have a debate on the relative merits of unilateral and multilateral approaches to the taxation of banks? This Government introduced a unilateral tax on bank balance sheets. We could discuss whether that is a better approach than waiting for a global tax, which I think would still not have come about.

[Sir George Young]

My hon. Friend is absolutely right: we would still be waiting for the global tax if it had been necessary to secure universal agreement before it went ahead. She is also right to remind the House of the unilateral bank levy that we introduced, which will raise almost £10 million during the current Parliament. The one-off bonus tax proposed by the Labour party has real disadvantages, not least the fact that the person who designed it says that a permanent tax would not work.