92 Kerry McCarthy debates involving HM Treasury

Oral Answers to Questions

Kerry McCarthy Excerpts
Tuesday 12th October 2010

(13 years, 7 months ago)

Commons Chamber
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David Gauke Portrait Mr Gauke
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That appears to be their solution given that, as I understand it, they still advocate the increase in the national insurance contributions that we are going to counter by raising thresholds. If the Opposition wish to take that position, so be it.

Kerry McCarthy Portrait Kerry McCarthy (Bristol East) (Lab)
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I am afraid that the answers that the Minister is giving are simply not good enough. Can he explain the logic behind the child benefit proposal, if there is any? Why is the assessment not being made on household income rather than just on the highest earner’s income? Will it apply to a cohabiting high earner or just to married couples, and why will there be a phenomenally high marginal deduction rate? Is it not true that this is just another “back of a fag packet” policy that the Government have not thought through at all?

John Bercow Portrait Mr Speaker
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There were four questions there, but one answer will do.

Oral Answers to Questions

Kerry McCarthy Excerpts
Tuesday 8th June 2010

(13 years, 11 months ago)

Commons Chamber
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Danny Alexander Portrait The Chief Secretary to the Treasury (Danny Alexander)
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I am grateful to my hon. Friend for his question and pay tribute to his assiduous campaigning on the issue over many years. He will know that we are carefully reassessing the projects agreed by the previous Government between 1 January and the election, and we will make an announcement shortly. He will also know that it is right that we are making sure that each and every one of the many projects that were announced is affordable and represents value for money.

Kerry McCarthy Portrait Kerry McCarthy (Bristol East) (Lab)
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T5. I was disappointed to see no mention of the credit union movement in the coalition agreement. Although I admit that I have not yet got my head around what the big society is, I hope that there is a role in there for the credit union movement. When can we expect the Legislative Reform (Industrial And Provident Societies and Credit Unions) Order 2010 to be laid before the House?

Justine Greening Portrait The Economic Secretary to the Treasury (Justine Greening)
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We do support credit unions. In fact, one of the first things that the new Secretary of State for Wales did on her appointment was to visit her local credit union in Wales. We have said that we want vibrant, sustainable credit unions. We are looking at the legislative reform order to which the hon. Lady referred and I hope that we can come back with some further dates in the next few weeks. As she can imagine, the focus right now has been on the emergency Budget, but I am aware of the order and officials are talking to me about the time lines for it.