(1 month, 2 weeks ago)
Commons ChamberNo one wants to see people caught up in problem gambling, but equally, no one wants to see businesses struggle and jobs lost. As the Secretary of State said, we want this industry to thrive, yet this week that was threatened after it was rumoured that the Treasury is planning a £3 billion tax raid. That has already seen £3 billion wiped off the value of bookies. Can the Secretary of State clarify whether she supports the industry or the Treasury? Did she raise her concerns about the rumour, and when will we see the gambling reforms brought forward with a timetable for scrutiny by this House?
I gently say to the hon. Gentleman that he should know, as we do, that we cannot believe everything we read in the papers. As he will have heard in my previous answer, we are determined to strike the right balance. As I said in answer to the hon. Member for West Suffolk (Nick Timothy) a moment ago, we are aware of the value of this industry and of its importance, and not just for the UK economy but for the joy it brings to many people and the employment prospects it offers in every nation and region of the United Kingdom. We are also aware of the problems that can be caused by problem gambling. Like the previous Government, we are determined to talk to the widest range of partners and ensure that we strike the right balance between protecting people from the problems that can ensue and supporting a growing industry.