Jane Stevenson debates involving HM Treasury during the 2019 Parliament

Oral Answers to Questions

Jane Stevenson Excerpts
Tuesday 22nd June 2021

(2 years, 10 months ago)

Commons Chamber
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Steve Barclay Portrait Steve Barclay
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I fear that the question came before my previous answer. I had just mentioned the £300 million of additional support, over and above the £1.57 billion of support that has been announced. Indeed, the hon. Member frequently raises the plight of those individuals who have been hit, and again that is something we very much recognise. Again, however, that is why my right hon. Friend the Chancellor has set out the wider package of support, such as the time to pay arrangements, loans, business grants and the universal credit uplift. This is about looking at the totality of support within the £352 billion that my right hon. Friend has set out.

Jane Stevenson Portrait Jane Stevenson (Wolverhampton North East) (Con)
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What steps his Department is taking to incentivise businesses to invest in new equipment or infrastructure.

Rishi Sunak Portrait The Chancellor of the Exchequer (Rishi Sunak)
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Stimulating business investment will be key for our economic recovery, and under the super deduction we announced at Budget 2021, for every £1 a company invests in qualifying plant and machinery, its taxes are cut by up to 25p. We have also just launched the UK Infrastructure Bank, which will partner with the private sector and local government, supporting more than £40 billion-worth of infrastructure investment overall.

Jane Stevenson Portrait Jane Stevenson [V]
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My right hon. Friend will know that manufacturing and engineering companies are absolutely crucial to the economy in the Black Country and in Wolverhampton. Does he agree that companies feeling confident to make investments, with Government support and schemes like the super deduction, is key to really building back quickly and better, and to lowering unemployment in the Black Country?

Rishi Sunak Portrait Rishi Sunak
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My hon. Friend is absolutely right to highlight the importance of manufacturing in particular to the Black Country. I am pleased to have received the representations from organisations such as Make UK that led to the creation of the super deduction, which, let us be clear, is all about jobs. My hon. Friend is absolutely right: by companies investing and unlocking the cash that is sitting on their balance sheets, we will create jobs to help drive our recovery and drive up our productivity in the process. My hon. Friend is absolutely right to highlight it.

Spending Review 2020 and OBR Forecast

Jane Stevenson Excerpts
Wednesday 25th November 2020

(3 years, 5 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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I would, of course, be sympathetic to the idea of putting the bank in Yorkshire, as the hon. Gentleman knows, but he was slightly beaten to the punch over the weekend by my hon. Friend the Member for Shipley (Philip Davies), who made a pitch for Bradford. In any case, I will happily hear his thoughts.

The hon. Gentleman is right about the focus on young people. The new Restart programme will be able to help a million people who have been unemployed for over a year. Before that happens, we have the kickstart programme that will benefit a quarter of a million young people—or more if it is successful. He talked about apprenticeships. Rightly, we have increased the cash bonus to businesses to £3,000 for them to take on a fresh new young apprentice, because he is right that that is where our focus should be.

Jane Stevenson Portrait Jane Stevenson (Wolverhampton North East) (Con)
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I thank the Chancellor for the range of measures to support those on low incomes and to protect the most vulnerable, whether that is through an uplift to cash for local authorities to identify and support vulnerable families, or through the holiday activities and food programme and an uplift to the Healthy Start programme. Levelling up is crucial to a seat such as Wolverhampton North-East. Can he reassure my constituents that the Government will continue to prioritise job creation, investment and other opportunities for them?

Rishi Sunak Portrait Rishi Sunak
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My hon. Friend is absolutely right. The Government are committed to spreading opportunity across the country, especially in places where people feel they have not had the same fair crack of the whip. Our levelling up fund is designed to correct that. Today, her local area will be benefiting from discounted funding from the Public Works Loan Board to help with local infrastructure projects. That is a symbol of our commitment to her area and her constituents.

Areas with Additional Public Health Restrictions: Economic Support

Jane Stevenson Excerpts
Tuesday 6th October 2020

(3 years, 6 months ago)

Commons Chamber
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Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.

Each Urgent Question requires a Government Minister to give a response on the debate topic.

This information is provided by Parallel Parliament and does not comprise part of the offical record

Jane Stevenson Portrait Jane Stevenson (Wolverhampton North East) (Con)
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There is no crystal ball that will tell us how bad the virus will be in various areas. I thank the Chief Secretary for his assurance that the Government will be flexible and continue to offer targeted support in areas of high coronavirus rates. Will he also assure my constituents in Wolverhampton North East and people in the Black Country that the Government’s levelling up agenda will not be forgotten in the coming months?

Steve Barclay Portrait Steve Barclay
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I am happy to give my hon. Friend that assurance about levelling up. It is at the core of the Government’s mission. It is a key priority of the Prime Minister and consequentially of all Ministers. We are actively working in the Treasury to accelerate under Project Speed our infrastructure investment to ensure that it is better targeted in terms of place as well as scheme.

Oral Answers to Questions

Jane Stevenson Excerpts
Tuesday 7th July 2020

(3 years, 9 months ago)

Commons Chamber
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Steve Barclay Portrait Steve Barclay
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As a former teacher, my hon. Friend speaks with great authority on such issues. I absolutely agree that a strong post-16 education system is vital to our recovery. That is why we have applied a range of flexibilities to the usual funding arrangements, and the Department for Education has set out further details.

Jane Stevenson Portrait Jane Stevenson (Wolverhampton North East) (Con)
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What fiscal steps he is taking to support innovative and fast-growing firms during the covid-19 outbreak.

John Glen Portrait The Economic Secretary to the Treasury (John Glen)
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On 20 May, the Government launched the future fund. The fund is an investment scheme for high-growth companies impacted by the pandemic. It provides between £125,000 and £5 million in Government funding through convertible loans, with third-party investors at least matching the Government funding on each loan. As of 5 July, £379 million-worth of convertible loans had been approved through the future fund, and the Government have also made £750 million of support available for innovative firms through Innovate UK grants and loans.

Jane Stevenson Portrait Jane Stevenson
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Unemployment in Wolverhampton North East was three times the national average as we came into the pandemic, and many businesses have expressed their gratitude for the wide range of support. As we emerge from the pandemic, can my hon. Friend reassure me that this will be the party that champions innovators, start-ups and SMEs, so that we can get job opportunities and more prosperity in seats such as Wolverhampton North East?

John Glen Portrait John Glen
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My hon. Friend makes a very good point and case for her constituency. As the Prime Minister set out last week, we will double down on levelling up and give everyone growing up in this country the opportunity that they need. The Prime Minister announced the acceleration of £96 million of investment from the towns fund, including nearly £13 million on kick-start activity in the west midlands.

Public Health England Review: Covid-19 Disparities

Jane Stevenson Excerpts
Thursday 4th June 2020

(3 years, 10 months ago)

Commons Chamber
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Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.

Each Urgent Question requires a Government Minister to give a response on the debate topic.

This information is provided by Parallel Parliament and does not comprise part of the offical record

Lindsay Hoyle Portrait Mr Speaker
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Lloyd Russell-Moyle—not here, so I call Jane Stevenson.

Jane Stevenson Portrait Jane Stevenson (Wolverhampton North East) (Con)
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I am a very proud Wulfrunian and I am proud that many of my fellow Wulfrunians have roots all over the world. Does the Minister agree that people are now concerned about this report, and that we need to keep pushing hand-washing and social distancing? Does she also agree that it is up to Members in this place to set an example to the BAME communities?

Kemi Badenoch Portrait Kemi Badenoch
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My hon. Friend is absolutely right and raises a very important point. People do look to this House to set an example across the country, and those of us in this House must not just demonstrate that we agree with the guidance, but show that we are following the rules as well.

Covid-19

Jane Stevenson Excerpts
Monday 11th May 2020

(3 years, 11 months ago)

Commons Chamber
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Jane Stevenson Portrait Jane Stevenson (Wolverhampton North East) (Con) [V]
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Wolverhampton was one of the first places to feel the impact of covid-19, as New Cross Hospital in my constituency had to cope with many of the UK’s earliest cases. I commend the Royal Wolverhampton NHS Trust and all the NHS staff in Wolverhampton who reacted and adapted so quickly and have given such outstanding care to patients from Wolverhampton and the wider region.

I also pay tribute to all those working in care homes and adult social care, who have worked to support our most vulnerable people. One of the cruellest effects of this virus is that residents of care homes and shielded people are kept apart from their families and loved ones. It is important that they know they are not forgotten. Every effort should be made to support the staff who are innovating and keeping them in touch with their families throughout this crisis.

Sadly, many families in Wolverhampton have lost someone they loved, and my sympathies go out to those who are currently struggling to grieve without the comfort of a traditional funeral service. Next year, I think we will see many memorial events in our city. The newly formed Wolverhampton Caribbean Community Memorial Trust is already planning a weekend event, and I am sure that a lot of other groups will follow its initiative. Coming together to mourn the loss of a loved one and celebrate their life is an important part of the grieving process. Many of my constituents would like a national event next year so that we can remember the victims of coronavirus, and I would support that request so that we can join together as a nation in an act of remembrance.

Amid such heartache, this crisis has brought out the best in so many people. I want to thank all the volunteers who have worked to help their neighbours throughout the crisis. Small food banks have sprung up at the Ashmore Inn pub and at the Women and Families Resource Centre in Park Village. There is also an amazing lady organising craft boxes for children who are having to stay at home, often with no outdoor space. Church groups, gurdwaras and mosques are all raising money and delivering practical help in the community. Their selflessness and kindness are incredible; they are the best of Wolverhampton.

As we take our first small steps out of lockdown, my thoughts turn to businesses and workers in my constituency. Unemployment was already high in Wolverhampton North East, and our local high streets were struggling. I know that the Government are still determined to level up across our country, and I hope that extra consideration and thought will be given to constituencies such as mine, where the economic effects of covid-19 will hit hard. I thank the Chancellor for the wide range of measures to support businesses and self-employed people at this time. I would like to join colleagues and our West Midlands Mayor, Andy Street, in calling for flexibility to come off the furlough scheme and for ongoing support. Some sections will have to wait many months before their business returns to normal. I am grateful to our Mayor for his determination to fight for business in the Black Country and to help our economic recovery across the west midlands. I would also ask local people to get out and support our businesses as soon as they safely reopen. I have been immensely proud of the people of Wolverhampton over the past few weeks. We will get through this crisis because of their kindness, resilience and determination. This is a time not for politics but for pragmatism. To everyone who has come together to help our city: thank you.