Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Helen Goodman Excerpts
Tuesday 1st March 2016

(8 years, 3 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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I am happy to take that as a Budget representation. I am sure my hon. Friend will understand that if he turns up on Budget day, he will see my response to it. The SEIS and EIS have been enormously successful. We have to make sure that the rules are tight enough so that they are supporting the kind of entrepreneurial activity we want, rather than being used as a vehicle for tax avoidance. I think we have got the balance right so far, but I am aware of good, positive proposals that people have put forward to improve it.

Helen Goodman Portrait Helen Goodman (Bishop Auckland) (Lab)
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The Chancellor chose to give a puff to his desire for Sunday trading liberalisation, but is he aware of the study produced yesterday which showed that all there will be is a switch of activity from small shops to big shops, and that that will mean a loss of thousands of jobs? [Interruption.]

John Bercow Portrait Mr Speaker
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The hon. Member for Lichfield (Michael Fabricant) says that the Chancellor has already dealt with that question. As I have often had cause to observe, repetition is not a novel phenomenon in the House of Commons.