Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Jen Craft Excerpts
Tuesday 3rd December 2024

(1 day, 18 hours ago)

Commons Chamber
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James Murray Portrait James Murray
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As the hon. Gentleman will know, we set out our plans for reforming business rates to ensure that retail, hospitality and leisure properties on the high street with rateable values below £500,000 will benefit from a permanent tax cut from this Government. The importance of that tax cut being permanent is that it gives businesses the stability they need to invest and grow. I look forward to his support for our reforms when we vote on them in due course.

Jen Craft Portrait Jen Craft (Thurrock) (Lab)
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14. What steps she is taking to help ensure the sound management of public finances.

Rachel Reeves Portrait The Chancellor of the Exchequer (Rachel Reeves)
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Sound management of the public finances means spending wisely and not sending money to fraudsters. Today, I have appointed the health expert Tom Hayhoe as our new covid counter-fraud commissioner. As chair of an NHS trust during the pandemic, he saw the urgency of getting personal protective equipment to NHS staff when they needed it. Now he is at his desk in my Department starting the work to investigate the billions of pounds lost to fraud and underperforming contracts, and instead ensuring that that money is where it belongs—in our public services.

Jen Craft Portrait Jen Craft
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My constituents expect the Government to treat taxpayer money with the utmost respect. However, during the pandemic the Conservatives handed out contracts to their friends and donors and failed to prevent fraud, using the crisis as a cover for their greed. Does the Chancellor agree with me that that money belongs to the taxpayer?