Luke Evans
Main Page: Luke Evans (Conservative - Hinckley and Bosworth)Department Debates - View all Luke Evans's debates with the Cabinet Office
(7 months ago)
Commons ChamberI am sure that my hon. Friends will welcome the fact that, once again, Northern Ireland has local politicians taking decisions in a local Assembly that is accountable to local people. With a funding package worth over £3 billion, the Executive are taking forward the vital work of public service transformation and delivering sustainable finances, and are ensuring better outcomes for the people of Northern Ireland in their daily lives. The impact of all this has been unbelievably positive.
I thank my hon. Friend for his question. I agree that there is a fantastic opportunity, which we are trying to take, for the UK Government to collaborate with and support the Northern Ireland Executive in transforming public services. The UK Government have high hopes that Ministers in the Executive will move quickly to deliver on their commitments to set up a transformation board, and we are excited to work with Northern Ireland Ministers to produce plans that will deliver transformation for Northern Ireland. Indeed, I met the First Minister and Deputy First Minister last week; we talked about this work and how we can further it in the very short term.
Does the Secretary of State agree that the restoration of the Northern Ireland Assembly provides the stability for further private investment in Northern Ireland? This is a massive opportunity; it is the missing piece in the puzzle, and could make a huge difference. How does he intend to capitalise on this?
My hon. Friend is absolutely right. The restoration of devolved government not only provides certainty and stability for business but allows us to harness our combined energies and expertise to make Northern Ireland a fantastic place to live, work and invest. My right hon. Friend the Minister of State has reminded the House of the success of the Northern Ireland investment summit last September, which welcomed 180 business investors from around the world, and of our £617 million investment in Northern Ireland’s four city and growth deals. Recently I visited Washington DC with the First Minister and Deputy First Minister, and it is fair to say that the US business community is now well aware of the amazing opportunities in Northern Ireland and is looking at them hungrily.
I join the hon. Gentleman in paying tribute to Lord Frank Field’s campaigning. It is the case that over the past couple of years, we have provided more than £108 billion-worth of support with the cost of living, including extra cost of living payments of £900 last year. The effect of all that is that 1.1 million fewer people are living in absolute poverty than when the Conservatives came to office.
Last week we had the Finance Bill, and in it I noticed a reduction in capital gains tax from 28% to 24% on residential properties to try to turbo-boost the residential market. Will that apply retrospectively, so that hypothetically, if a Labour Front Bencher owed capital gains tax, they would benefit from this Conservative tax cut?
I have always believed in having lower taxes that everyone pays.