Oral Answers to Questions

Debate between Jeremy Hunt and Gregory Campbell

Tuesday 5th September 2023 Commons Chamber

[Mr Gregory Campbell (East Londonderry) (DUP)]

Does the Chancellor accept that many people see income tax rates at the moment as exceptionally punitive, and does he also accept that there is a need to move as quickly as possible into a growth-based economy and to supercharge our economy in the United Kingdom?

[Jeremy Hunt]

As 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.

Oral Answers to Questions

Debate between Jeremy Hunt and Gregory Campbell

Tuesday 15th November 2022 Commons Chamber

[Jeremy Hunt]

I can absolutely give my right hon. Friend that confirmation. Indeed, I intend to meet a group of lenders later this month to discuss that very issue.

[Mr Gregory Campbell (East Londonderry) (DUP)]

I think people understand the difficult choices that they and their Chancellor face come Thursday, but will the Chancellor ensure that the small and medium-sized enterprises across the United Kingdom that provide the backbone of our economy and employment opportunities are not forgotten?

[Jeremy Hunt]

I can absolutely give the hon. Gentleman that undertaking. We must remember that, for those businesses, very often the most insidious taxes are those that they have to pay before making any kind of profit, because those are the taxes that can make them go under. As the Conservative party—the party of small business—we will think very hard about their needs.