(9 months, 3 weeks ago)
Commons ChamberWhat I will say to them is that responsible, difficult decisions, the vast majority of which the shadow Chancellor opposed, have seen the inflation rate more than halve and interest rates likely to have peaked. Last year, we built more houses in one year than in any single year under the previous Labour Government. We are doing everything we can to help bring down mortgage rates, but a £28 billion borrowing spree will make them worse not better.
(1 year ago)
Commons ChamberThat answer was quicker than I expected! My right hon. Friend proposes a whole series of planning reforms. One of the problems for local authorities up and down the country is a lack of planning officers to determine those planning applications, and it will clearly take time to recruit and train new people. There is also a risk that the premium service for large-scale developments will mean planning officers switching to those roles rather than determining the day-to-day planning applications. Does my right hon. Friend understand that we will need to recruit more people? Does this need legislation, and what is the timeframe for him to introduce these changes?
My hon. Friend asks an important question. I want to assure him that I have had extensive discussions with the Communities Secretary to ensure that we implement these reforms in a way that does not lead to unintended consequences. The most important thing is that by allowing the biggest applications to have full cost recovery with respect to local councils, we can start to get more resources, which will mean that we can train up more planning officers and avoid delays not just for the bigger applications but for all of them.
(1 year, 2 months ago)
Commons ChamberAs a Conservative, I want to bring taxes down as soon as we can afford to do so, and I am very proud that for the first time ever people can earn £1,000 a month without paying a penny of tax or national insurance.
As we want to expand our financial services industry not only in this country but abroad, we need to build confidence among consumers that the right thing to do is invest. Does my hon. Friend therefore agree that it is vital that regulators respond to and deal with complaints to them and actually impose sanctions against those who breach the regulations?