(3 weeks, 4 days ago)
Commons ChamberI thank my hon. Friend for his intervention, and the failures of the London Mayor to build more houses are well documented. What is perhaps not a surprise is that Reform would take the further step of supporting the London Mayor in the pursuit of Labour votes.
We have grave concerns about the enhanced compulsory purchase order powers for councils, mayors and even Natural England, without hope value or market value. This undermines one of the most important principles of our economy: property rights. Not only is this unfair, but it will face legal challenge after legal challenge in the courts.
During the passage of the Bill, we attempted to work with the Government to make sensible changes to make it fit for purpose, but to no avail. Let us not be seduced by false choices. We do not have to choose between development and democracy, between homes and heritage, or between ambition and accountability. We can build and we must build, but we must do so in a way that listens, respects and safeguards.
I urge the Government, yes, to be ambitious, but also to think again. They should rethink the Bill, and restore the local voice and reinstate environmental protections. Let us chart a path to progress that honours our need for homes, our obligation to communities and to the environment, and our duty to future generations. In its current form, we cannot support this Bill.
I call the Liberal Democrat spokesperson.
(8 months, 2 weeks ago)
Commons ChamberI would not necessarily say “following the election”, but, generally, we should be very positive about our economy. I set out earlier some of the economic conditions that would make it conducive to invest in the UK, and we should be proud of that situation. I welcome the Minister’s comments about the change of priorities of the British Business Bank, specifically in relation to the pathfinder initiative. That piece of work was started by my hon. Friend the Member for Grantham and Bourne (Gareth Davies) when he was in the Treasury. Again, that will help to ease the flow of finance into our SMEs.
As I look, with a mixture of sadness and joy, at the now redundant Conservative party manifesto, I can see that there were some really positive ideas in there about easing finance for SMEs. In particular, I am referring to things such as regional mutual banks, which is a policy that the Labour Government should adopt, and the open finance and smart data revolution for our economy, which could transform the opportunities of SME finance, making it much easier for SMEs to shop around. However, the key thing that I would reiterate to the Minister and her team is that they need to make sure that we have stability in terms of not just work, but business taxation, capital gains tax, and business relief. I say no to a jobs tax, but, yes to stability and business taxes. I say no to taking us back to the 1970s, by giving unions more power, no to doom and gloom, and yes to a positive and optimistic view of the UK’s future in the world.
I call Jade Botterill to make her maiden speech.