Mortgage Charter

Debate between Jeremy Hunt and Richard Burgon

Monday 26th June 2023 Commons Chamber

[Jeremy Hunt]

My hon. Friend is absolutely right. Notwithstanding the fact that 85% of mortgages are now fixed to some degree, an extra 1.2 million families will feel the increase in interest rates over the months between now and the end of the year. That will be felt by many families, but we should do everything in our power to tackle inflation, because in the end that is the only way to end the misery for so many people.

[Richard Burgon (Leeds East) (Lab)]

Many of the banks that the Chancellor has been talking about are raking in bumper profits by refusing to pass on higher interest rates to their savers. Surely, a windfall tax on those additional profits would allow the Government to provide mortgage holders with the kind of support they really need at this time. Before the Chancellor dismisses that idea, may I gently remind him that even Margaret Thatcher imposed such a windfall tax on banks’ excess profits?

[Jeremy Hunt]

I hear what the hon. Gentleman says, but he will be pleased to know that banks already pay a 3% surcharge on their corporation tax—they pay 3% more than everyone else—as well as a levy on their balance sheets.

Oral Answers to Questions

Debate between Jeremy Hunt and Richard Burgon

Tuesday 7th February 2023 Commons Chamber

[Jeremy Hunt]

My right hon. Friend is right to raise that issue. That is why I met Martin Lewis and the six big mortgage lenders before Christmas. We are very alive to those concerns and will monitor the situation closely.

[Richard Burgon (Leeds East) (Lab)]

It would cost around £1 billion to give nurses an inflation-matching pay rise. Scrapping the non-dom tax avoidance scheme used by the super-rich would raise more than £3 billion. Why, then, is the Chancellor putting non-doms before nurses?

Economic Update

Debate between Jeremy Hunt and Richard Burgon

Monday 17th October 2022 Commons Chamber

[Jeremy Hunt]

I can confirm that the council’s members will be independent; I can confirm that there will be no improper influence exerted; and I can confirm, as the hon. Gentleman will be pleased to hear, that all donations to the Conservative party are vetted and legal.

[Richard Burgon (Leeds East) (Lab)]

I have listened carefully to what the Chancellor has said. Our public services are on their knees after 12 years of Tory misrule; they really cannot cope with any further cuts. In contrast, the very richest have seen their wealth soar threefold over the past decade. Surely, rather than further cuts to our public services, would it not be fairer to impose a wealth tax on the very richest in our society?

[Jeremy Hunt]

The trouble with those kinds of taxes is that they end up inhibiting the wealth-creating capacity of the economy to fund the very public services that the hon. Gentleman supports. I support wealthier people paying more tax, but only when it creates more resources to put into the public services that we all need.

Junior Doctors Contracts

Debate between Jeremy Hunt and Richard Burgon

Monday 25th April 2016 Commons Chamber

[Mr Hunt]

My hon. Friend and I have discussed that recently, and I do think that the mutual structure is something we should be open-minded about. When junior doctors go on to the new contracts, which will happen in stages starting this August, they will find that it is safer and better and that they have more predictable shift patterns. It will enable them to have a better quality of life. Then they will realise just how badly represented they have been by the BMA.

[Richard Burgon (Leeds East) (Lab)]

I am worried about the potential consequences of the Secretary of State having people believe that if they are ill on the day of strike action there will be no A&E for them to go to. If they do not go and there are consequences, I believe that the consequences will be his responsibility, so could he now clear this matter up for the British public and confirm that there will be A&E cover on the days of these strikes, if they go ahead?

[Mr Hunt]

We do believe we will be able to keep all A&E departments open tomorrow and the next day, during the days of the strike, but that does not mean there will not be huge pressure on hospitals, which is why we are urging people to go to A&E only if they really need to. I would simply say to the hon. Gentleman that this disruption is the responsibility of the people who are choosing to withdraw emergency care for the first time in the history of the NHS.

Oral Answers to Questions

Debate between Jeremy Hunt and Richard Burgon

Tuesday 7th July 2015 Commons Chamber

[Richard Burgon (Leeds East) (Lab)]

T8. Millions of people are worried about the privatisation of our national health service, so it is a real concern that the health sector remains part of the negotiations on the Transatlantic Trade and Investment Partnership. Tomorrow the European Parliament votes on TTIP, but the European Commission has already said it will not remove health from those negotiations, so can the Government confirm that they will defend the NHS and support the removal of health and other public services from future TTIP negotiations?

[Mr Jeremy Hunt]

Really, the Labour party has got to stop this scaremongering that it did so much of, and to so little effect, at the election. Privatisation is not happening, but I will tell the hon. Gentleman what is happening: at his hospital, 85 more doctors in the last five years, 185 more nurses, 7,700 more operations, 20,000 more people being seen within four hours at A&E—progress in the NHS with a strong economy.