Jessica Morden
Main Page: Jessica Morden (Labour - Newport East)Department Debates - View all Jessica Morden's debates with the HM Treasury
(14 years, 4 months ago)
Commons ChamberI do not think the hon. Gentleman is right about that at all. The OBR clearly set out that it expects our economy to grow over the coming years. It expects unemployment to fall and employment to rise, and the hon. Gentleman should welcome that.
T1. If he will make a statement on his departmental responsibilities.
The core purpose of the Treasury is to ensure the stability of the economy, promote growth and employment, reform the banking system and manage the public finances so that Britain lives within her means.
Many small charities are extremely worried about the rise in VAT. Does the Minister think it is fair that charities be hit in this way?
The hon. Lady is right to raise the issue of charities; in fact it is an issue in which we have taken a great interest coming into government. I hope she will welcome the fact that we are continuing with the gift aid forum, which brings together a range of people interested in charities and charity tax to look at how we can stimulate gift aid and make it more effective over the coming years. The hon. Lady is also right about the impact of VAT on charities, but we have to sort out the economic mess the last Government left us, and the best way to sustain the funding of charities is to make sure people have jobs and money in their pockets that they feel they can donate.