Jim Shannon
Main Page: Jim Shannon (Democratic Unionist Party - Strangford)Department Debates - View all Jim Shannon's debates with the HM Treasury
(4 years, 5 months ago)
Commons ChamberI am very grateful to have been squeezed in at the end of this debate. It is quite clear that this Budget and all of us are very much under the shadow of the coronavirus update, and that we will have many stern days ahead of us. We must all pull together, and it is very good to see the House doing that today.
If I were able to, I would have liked to welcome a number of things in the Budget. I would have liked to have spoken about the environmental measures, and about the measures for veterans and on health in greater detail, as well as about the measures for education and even for potholes, all of which I welcome. If I may, in the brief time available to me, I will just make two points, which are about research and development and education.
For many years, this country has lagged behind others in the amount of GDP it puts into research and development. This has meant that we have problems with productivity, and that in many of the areas in which we excel, such as the high-tech areas of the economy, we are not doing as well as we could. I very much welcome the £22 billion going into that, and particularly the blue skies, ARPA-style agency that will be considering some of the high-risk businesses it will be possible to put money into in the future. I very much welcome that, along with some of the education steps that have also been taken, with the T-levels that are coming in. I also greatly welcome the money that has been put into mathematics, and also skills. One of the things that all businesses say in my constituency—I am sure it is the same for other Members—is that they simply do not have enough people with the right skills. The skills shortage is really something that we have to address, and I am very glad that this Budget does so.
The reason why I make those points and why I am so pleased to welcome these measures in the Budget is that, while we all pull together and deal with the dark days lying ahead of us with the coronavirus epidemic or pandemic, we should look forward to the future because we will have to rebuild the economy, help people to invest and help people to get on with and to rebuild their lives economically as well as personally. It is critical that we do that, because ultimately that is how we will build the excellent public services for the future that we all want to see.
That is most kind of you, Madam Deputy Speaker; thank you for making that happen. I thank everyone who has made a contribution.
I wish to thank the Chancellor and his team for the tremendous efforts that have been made in producing this Budget, especially in the light of the current events that are overtaking all else. I welcome some of the measures taken. The planned increase in spirits duty will be cancelled, with no duties for cider or wine drinkers as well, although a packet of cigarettes will cost 27p more, which I have to say is good news. I welcome the abolition of the so-called tampon tax, and I would welcome further initiatives to combat period poverty. I am delighted to see the pledge to double the spending on research and development. I thank the Chancellor for all these things and congratulate him on them.
I express some concern about the fact that there was no mention at all of air passenger duty and its importance for us in Northern Ireland and, indeed, for the whole of the United Kingdom. Again, I understand the seriousness of the Budget in relation to coronavirus, particularly for small and medium-sized businesses. The Chancellor outlined measures to ensure that small businesses in England receive rates relief, but the same processes are not in place in Northern Ireland. Our disappointment is that although the Chancellor said those things, unfortunately we do not see any benefit coming through to us at the moment.
The Health Secretary said that we will know “shortly”—perhaps in the next few minutes—how much money there will be to tackle coronavirus in Northern Ireland, and I hope we get the opportunity to hear that. Will the Minister confirm what money will be available for Northern Ireland, based on the Budget and Government information?
I welcome the fact that the Government will cover 14 days of statutory sick pay for companies with 250 employees, and the suspension of rates to pay sick leave, and so many other things that have been brought in for England. But are we in Northern Ireland any less British? Are our businesses any less deserving of help? Can we say that we have got what is needed from coronavirus aid? The answer is no, we have not, and I am very disappointed about that.
I have heard mothers say that if they have no school or paid day care for their children they will not be able to work, so if they have coronavirus and need to self-isolate, there will be real problems with childcare providers. I welcome the £210 million in the Budget to establish Treasury officials in Northern Ireland. The tax threshold has dropped, and there is no additional tax on red diesel—assistance that makes a difference for many things. I sincerely appreciate the Chancellor’s efforts in this uncertain time, but we need a whole UK approach. Just as in other times of national crisis the regions pulled together, so must we also do that. The Government intend to ensure that someone’s postcode does not dictate the help and assistance given, and neither should it dictate their income tax. Let us get this right.