23 Maggie Throup debates involving HM Treasury

Fri 8th Feb 2019
Thu 31st Jan 2019
Tue 11th Oct 2016
Small Charitable Donations and Childcare Payments Bill
Commons Chamber

2nd reading: House of Commons & Money resolution: House of Commons & Programme motion: House of Commons

Holocaust (Return of Cultural Objects) (Amendment) Bill

Maggie Throup Excerpts
Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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I congratulate my right hon. Friend the Member for Chipping Barnet (Theresa Villiers) on her stewardship of this small but important piece of legislation to remove the sunset clause contained within the original Holocaust (Return of Cultural Objects) Act 2009.

As a Parliament, as other Members have said, we recently came together to mark Holocaust Memorial Day with a Backbench Business debate during which we remembered the 6 million Jewish men, women and children who were systematically murdered by the Nazi regime. Although this dark episode in global history may grow more distant with every year that passes, these horrific crimes against humanity must not, and will not, be forgotten. The history of what happened on the continent of Europe during this period is often viewed through the prism of what we know happened at Dachau, Belsen and Auschwitz.

To understand the full extent of the holocaust and its lasting effect on victims and their relatives, we must also understand the events that led up to the final solution. From Hitler’s rise to power in 1933 to the passing of the Nuremberg laws in 1935 and Kristallnacht in 1938, the Nazis first marginalised and then set about eradicating the Jewish population with increasing speed and intensity. One major element of the programme was the looting and pillaging of around 20% of Europe’s cultural treasures, including hundreds of thousands of pieces of artwork owned by the Jewish community, and it is estimated that some 100,000 cultural objects remain hidden.

It should be recognised that since the war, UK institutions have been at the forefront of efforts to identify objects with uncertain provenance. Since it was established in 2000, the Spoliation Advisory Panel has advised on 20 claims concerning looted artwork. In the case of 23 cultural objects, either they have been returned to their rightful owners or compensation has been paid out.

The Holocaust (Return of Cultural Objects) Act 2009 has been instrumental in facilitating this process, which had been hindered by rules governing the disposal of such items from UK collections. Although I have no doubt that the consultation conducted prior to the introduction of the legislation was sincere in its conclusion regarding the need for a time limit, it has become increasingly clear that we have a moral obligation to the last remaining survivors and their families to continue to allow UK institutions to reunite them with looted objects beyond the 11 November deadline, which is fast approaching. Therefore, I offer this Bill my full support. Although we will never be able to make right the atrocities of the past, we can and should right this small injustice. I again congratulate my right hon. Friend the Member for Chipping Barnet on her work on breaking down these barriers, and I look forward to the success of the Bill.

Sport in the UK

Maggie Throup Excerpts
Monday 4th February 2019

(5 years, 9 months ago)

Commons Chamber
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Mims Davies Portrait Mims Davies
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I am going to set out my thoughts on participation, but I give way first to my hon. Friend.

Maggie Throup Portrait Maggie Throup
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My hon. Friend talked about junior parkruns, which reminds us that habits formed in childhood often last a lifetime. Initiatives such as the Erewash school sport partnership do just that. They start in primary schools and hopefully, some of those children will continue with sport throughout life, which is so important. Does my hon. Friend agree?

Mims Davies Portrait Mims Davies
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I feel that my hon. Friend has read the next part of my speech. Participation and a culture of participation within families and communities is absolutely vital. I would be delighted to set out some of my thoughts on that, so let us talk about participation. We are making good progress on getting more people active. We want half a million people to be more regularly active across England by 2020, with at least half of those being women. Over 470,000 more people are already active compared with when we launched the strategy in 2015, but delivering long-term change in habits requires persistence. We know that we need to do more to get and keep people active.

Equitable Life

Maggie Throup Excerpts
Thursday 31st January 2019

(5 years, 9 months ago)

Commons Chamber
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Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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It is a pleasure to follow the hon. Member for Blackpool South (Gordon Marsden). His description of the type of person affected by this scandal is very apt and applies throughout every constituency. I congratulate my hon. Friend the Member for Harrow East (Bob Blackman) on securing this important debate and thank him for all the hard work that he has put in over many years on behalf of the victims, and I thank every other member of the all-party group.

This debate gives me the opportunity to speak on behalf of the 1,400 Equitable Life policyholders and their dependants living in Erewash. There seem to be fewer than the number living in some other constituencies, but that number is still significant. The hon. Member for North Tyneside (Mary Glindon) said that she might repeat some of the things said by other Members; I will as well, and I will not apologise for it, because it is important that we are united on this issue, and if we repeat it enough times, hopefully those on the Treasury Bench will eventually listen.

Many of the victims of this national scandal come from a generation that was encouraged to plan for retirement, saving modestly for a rainy day. We need to continue to encourage all generations to plan for retirement, but scandals such as this one negatively impact on that ambition. My right hon. Friend the Member for New Forest West (Sir Desmond Swayne), who is unfortunately no longer in his place, so eloquently described that ambition, so I will not attempt to add anything further. He said everything that needed to be said about that.

As other Members have said, many Equitable Life victims are characterised as proud, hard-working people who previously worked in shops or factories, or who ran their own small business and invested their money in good faith, so as not to be a burden on the state or, indeed, their families in old age. Such are the conservative —with a small “c”—values that my party in particular has always championed, so it was only right that when we came into government in 2010, it was a Conservative Chancellor, the former Member for Tatton, who established a compensation scheme worth £1.5 billion to compensate policyholders who had been affected. But of course, as we all know, that was not enough.

Although the scheme initially only covered polices issued after 1 September 1992—an arbitrary date—it is important to recognise the steps that the Government have subsequently taken to compensate as many victims as possible, which mean that as it stands today, £5,000 is available to those who bought with-profits annuities from Equitable Life prior to September 1992, with a further £5,000 going to those on pension credit. Nevertheless, we need to do more. The stark reality is that, although the compensation is substantial, to date nearly a million savers have received less than a quarter of the losses they incurred when the Equitable Life scandal hit them.

With the compensation scheme now closed to new applicants, I make the case to my hon. Friend on the Treasury Bench that now is the time to unlock the remaining £140 million that is still in the scheme and use it to increase compensation before it is too late for victims to use in their retirement. Indeed, for many victims, the time for any other use of this contingency is running out. I wholeheartedly agree that a balance must be struck between compensating victims and protecting the interests of taxpayers. However, I would also argue that if we do not take action now, we could end up actually increasing the cost to the public purse as we see more victims forced in their old age to turn to the state for financial support through the benefits system. As my hon. Friend the Member for Harrow East argued, any moneys paid out now will work their way back to the Treasury over time.

Let me turn briefly to regulation and the findings of the parliamentary ombudsman, who found that the losses suffered could be directly attributed to decades of serious, serial regulatory maladministration. As the UK is a global financial hub, it is vital, especially in a post-Brexit world, that the Government learn the lessons of the past and ensure that we have in place a regulatory framework that not only attracts investment but can retain investor confidence in our financial institutions, regardless of the size of the investment.

Joanna Cherry Portrait Joanna Cherry
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The hon. Lady is making some good points, and I like the one about the dangers of undermining confidence in the financial sector. Does she agree that the financial sector is massively important not only to London but to Edinburgh, where my constituency is? Edinburgh has the second biggest financial sector in the UK. If we do not sort out the problem of regulation, confidence in the financial sector may be lost.

Maggie Throup Portrait Maggie Throup
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I completely agree with the hon. and learned Lady. Along with London and Edinburgh, Leeds is a great financial centre as well. It is important that we get this right to make sure we continue to have that confidence.

We are as united as ever not only on the Government Benches but, I believe, on the Opposition Benches too, in agreement that now is the time for victims of this preventable scandal to receive a final and fair package of compensation that they can use to fund their retirement. It is incumbent on the Government to learn the lessons identified in the parliamentary ombudsman’s report, and to review and, if necessary, reform the regulations, to ensure that a situation like this can never happen again.

I congratulate my hon. Friend the Member for Harrow East again on securing this debate which, as we can see, has a lot of support on what is a very cold and potentially snowy Thursday afternoon. I look forward to hearing the Minister’s response.

European Union (Withdrawal) Act

Maggie Throup Excerpts
Thursday 6th December 2018

(5 years, 11 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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It depends very much on what those rules are. Rules on the goods acquis, the part of EU regulation that deals with goods, are very stable and have been for many years. We know that our manufacturers in this country will continue to follow EU rules on goods, whether we choose to adopt those rules or not, so I think that the economic price of having such rules would be very small. In other areas, such as financial services, where rules are changing rapidly and where there is a great dynamism in the system, there could be much greater dangers for us in being locked into following rules over which we have no influence. That is why the deal we are putting before the House proposes a very different way forward for goods than for services, and particularly financial services.

I have observed this process at close quarters for two and a half years, and I am absolutely clear about one thing: this deal is the best deal to exit the EU that is available or that is going to be available. The idea that there is an option of renegotiating at the eleventh hour is simply a delusion. We need to be honest with ourselves that the alternatives to this deal are no deal or no Brexit. Either would leave us a fractured society and a divided nation.

Only the compromise of this negotiated deal—delivering on the referendum result by leaving the EU, ending the free movement of people and reasserting our sovereign control over our laws, while at the same time maintaining the closest possible trade, security and cultural links with the European Union to protect our jobs, our living standards and our values—can allow our country to move on. Only that compromise can bring us back together after Brexit is delivered, and we should remember the lesson of history that divided nations are not successful nations.

Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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Does my right hon. Friend agree it is important that we have a deal that is not only good for the economy but brings our country together? The deal on the table is one that offers that, and it is one with which we should move forward.

Lord Hammond of Runnymede Portrait Mr Hammond
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I completely agree with my hon. Friend. That is the central theme of what I will say to the House today. Yes, leaving the European Union has a cost, but going back on the decision of the British people would also have an enormous cost for our country.

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Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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Thank you, Mr Speaker, for this opportunity to contribute to what is probably one of the most important debates of my parliamentary career. In the time available, I want to explain why, if the terms of the withdrawal agreement and the political declaration remain the same, I will be supporting the Government when Parliament votes on the deal next Tuesday evening.

I personally voted to remain within the EU, but at the time of the referendum result and at the subsequent general election, I committed fully to honouring the will of my constituents, 62% of whom voted to come out and 38% of whom voted to remain. My commitment to my constituents has not changed. My decision on whether this deal is the right deal has not been taken lightly. It has been reached only after many conversations with my constituents and after reading through the many emails and other correspondence that I have received from constituents about the different formats of the deal over the past few weeks, and indeed since the referendum.

Local businesses in my constituency, such as my many upholsterers in Long Eaton, have also urged me to back the deal. They need to ensure that they can continue, for example, to buy their fabric from Europe in a way that does not affect their business, because that is their livelihood. The upholsterers in Long Eaton employ a total of more than 2,700 people and have a combined turnover of £250 million. That involves just 50 small businesses, and they are very important to the future of Long Eaton. The upholstery business is the heart and soul of that town. All my local businesses, small and large, want and need the uncertainty to end. They just want to get back to normal, so that consumer confidence will return, securing jobs, trade and continued success not just for my constituency, but for the whole UK.

I fully accept that the deal may not be perfect in every single way, but the very nature of negotiation means that both sides must be willing to give and take. What about the alternatives? The case for a people’s vote has been advanced by some to try to overturn the decision of the British people, but that would not only be undemocratic, but risk dividing our communities even further—perhaps irreversibly. Others have argued that no deal would be an option, but although the Government quite rightly continue to prepare for it, we do not want it and should not have to go down that route, because that would affect our trade and future prosperity. Many of our constituents increasingly see a political class that has become so entrenched in our own idealistic visions of leaving or remaining that we run the risk of losing their faith in this Parliament. My appeal to Members across the House is to end the political games, reflect on the consequences of rejecting the deal and then let us unite to do what is in our nation’s best interest.

I mentioned the small upholstery businesses, but I also have large businesses in or on the edge of my constituency. One business that employs 17,750 people across the UK and Ireland said to me:

“We ask that you give us the opportunity to build upon Brexit and make it a success and vote the Prime Minister’s deal through to give us the clarity we so badly need.”

Other local businesses where many of my constituents work, such as Rolls-Royce, Bombardier and Toyota, echo that sentiment.

In conclusion, I know in my head and my heart that we need to support the Government for the future prosperity of our nation.

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Liam Fox Portrait Dr Fox
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If the hon. Gentleman is serious about automatically wanting to roll over all the agreements that the European Union has, I hope that he will vote for the Government’s motion next Tuesday, because that is exactly what would happen if we had a withdrawal agreement and a movement into the implementation period. All those agreements would automatically be safeguarded. He might want to think about that before he casts his vote.

Maggie Throup Portrait Maggie Throup
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Does my right hon. Friend agree that this deal will bring certainty for businesses by unlocking the investment that they are sitting on and that this is what we need for our future prosperity?

Liam Fox Portrait Dr Fox
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As the Chancellor said in his introductory speech this afternoon, it is widely acknowledged that when there is an agreement, there is potential for a dividend because investment that might be being held back because of uncertainty around Brexit could come forward. That is probably particularly true of domestic investment, rather than foreign direct investment, which I will come on to.

Spring Statement

Maggie Throup Excerpts
Tuesday 13th March 2018

(6 years, 8 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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My hon. Friend the Housing Minister and I have both made the point that local authorities and social landlords that have blocks that need recladding should carry out that work. Any work that is required for urgent safety reasons should be done, and any local authority or housing association that has a genuine inability to fund the work should get in touch with the Ministry of Housing, Communities and Local Government, which will work with them to find an appropriate solution. Safety-critical work must be carried out. That is the legal obligation of the landlord, and we will work with them to ensure that it is carried out.

Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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I welcome my right hon. Friend’s continued commitment to increasing the housing supply. I would also like to put in a bid for Erewash in relation to the construction skills villages. Does he agree that measures such as the housing infrastructure fund and the cut in stamp duty for first-time buyers will help many of my constituents to realise their ambition and aspiration to get on to the housing ladder?

Lord Hammond of Runnymede Portrait Mr Hammond
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Yes, the housing investment package that we have put together is important, because it has ensured that financial support will not be the constraining factor in building more homes in this country. We have other constraints—including skills constraints, land supply constraints and materials supply constraints—but finance will be available. The measure that I announced in the autumn Budget to remove stamp duty for 1 million first- time buyers will allow 1 million mostly young people once again to aspire to the dream of home ownership.

Economy and Jobs

Maggie Throup Excerpts
Thursday 29th June 2017

(7 years, 4 months ago)

Commons Chamber
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Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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I commend the hon. Member for Bath (Wera Hobhouse) for a powerful and emotional speech, especially about the early days of her life. Congratulations to her.

Before I begin the main part of my speech, it would be remiss of me not to mention the general election briefly. I am truly honoured to have been returned to the House, and I am pleased to report that I now boast the largest share of the vote that any Member of Parliament for Erewash has held since the seat was created in 1983. That is a tremendous vote of confidence not just in me, but in the Government and the policies with which we are moving forward. I thank my constituents for their continued support, and I pledge to work for everybody.

I want to focus my contribution to this debate about the economy on High Speed 2. At the beginning of the Queen’s Speech debate, the Prime Minister talked about recognising and grasping the opportunities that lie ahead for the United Kingdom. HS2 is one of those opportunities that we really need to grasp. The Bill that has been laid before Parliament focuses on phase 2a, but phase 2b will go right through Long Eaton in my constituency and skirt around Sandiacre. I know that some people still think that they can stop HS2, but I believe it is too late. It is now important that we all work together to get the best deal for the constituencies affected. It is my responsibility as the local Member of Parliament to work with the Government, HS2 Ltd and my constituents—they are the most important people in this—to ensure that we grasp every opportunity, including on inward investment, regeneration and jobs.

I want to make two requests today. The first is that we get a speedy answer on which route HS2 will take through Long Eaton. The second is for better compensation than has been offered. Homes in which people have lived for 40-something years, in many cases, are to be destroyed. In one row of cottages, the people at No. 5 have lived there for 43 years and the people at Nos. 1, 7 and 9 have lived there for more than 40 years. If the whole country is going to benefit from HS2, my local residents should not have to make the sacrifices that they are being asked to make. We need to work together to ensure that the benefits that the whole country will get do not mean that my constituents are affected so dramatically. We need to have those benefits, but not at the expense of my constituents.

Autumn Statement

Maggie Throup Excerpts
Wednesday 23rd November 2016

(8 years ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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I welcome the question from a former Transport Committee Chairman—[Hon. Members: “She still is!”] All right. I welcome the question even more. If I remember rightly, she was the Chairman when I was a member of the Select Committee, so she probably gets the prize for longevity.

I have deliberately chosen not to read out great, long lists of specific projects and allocations of funding, but rather to create a framework, and what I said in the statement—I will repeat it now—is that my right hon. Friend the Transport Secretary will make a series of announcements about the detailed allocations over the coming weeks.

Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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May I ask the Chancellor to urge the Transport Secretary to spend some of the £1.1 billion on a new motorway junction between junctions 25 and 26 on the M1, which would undoubtedly improve growth and productivity in my constituency?

Lord Hammond of Runnymede Portrait Mr Hammond
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One of my thoughts in deciding not to announce all the allocations personally was that I would avoid the lobbying for individual projects. I had not realised that I would be invited to act as a conduit to the Transport Secretary, but in this case and because it is my hon. Friend, I will pass on her request.

Small Charitable Donations and Childcare Payments Bill

Maggie Throup Excerpts
2nd reading: House of Commons & Money resolution: House of Commons & Programme motion: House of Commons
Tuesday 11th October 2016

(8 years, 1 month ago)

Commons Chamber
Read Full debate Small Charitable Donations and Childcare Payments Act 2017 View all Small Charitable Donations and Childcare Payments Act 2017 Debates Read Hansard Text Read Debate Ministerial Extracts
Michael Tomlinson Portrait Michael Tomlinson
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I could not agree more with my hon. Friend, who makes an excellent point. The Bill will help all groups—not just church groups, but many others—in reclaiming gift aid and slimming down bureaucracy. I warmly welcome the Bill’s aim of further reducing bureaucracy by, for example, getting rid of the two-year rule. That will help new charities enormously and will encourage those thinking of setting up charities to do so.

Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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My hon. Friend makes an important point about cutting bureaucracy and time. Often, small charities rely on volunteers, whose time is far better spent out there promoting the charity rather than dealing with paperwork and red tape. The Bill will be very welcome in his constituency, as I am sure he will explain.

Michael Tomlinson Portrait Michael Tomlinson
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I am grateful for my hon. Friend’s timely intervention and will come to exactly that point in one or two moments.

My hon. Friend the Member for Taunton Deane (Rebecca Pow) mentioned sport. As a keen sportsman, I warmly welcome the fact that the policy will be open and available for amateur sports clubs. That is very much a step in the right direction.

I want to mention one charity in my constituency, Waggy Tails Rescue. It does not rival the Minister’s Battersea Dogs and Cats Home, but it does play an important part in the constituency of Mid Dorset and North Poole as a dog rescue charity that re-homes dogs in east Dorset and west Hampshire. I had the pleasure of visiting it in the recent past and it explained the difficulties of being a small charity and facing the bureaucracy that can be involved. As my hon. Friend the Member for Erewash (Maggie Throup) mentioned, such charities have few if any professional staff, and therefore the more time they can spend undertaking charitable works rather than carrying out bureaucratic office functions, the better.

One concern or criticism is whether enough awareness has been raised. I suspect that each of us as Members of Parliament can play our own part in raising the profile and awareness of the scheme.

I warmly welcome the childcare payments measure. This has not been mentioned during the debate, but the Bill will open the scheme up to parents who are self-employed. As someone who was self-employed, I often felt left out of tax schemes in the past. The measure will be warmly welcomed by those in the community who are self-employed, but perhaps I could invite the Under-Secretary of State for Culture, Media and Sport, my hon. Friend the Member for Reading East (Mr Wilson), to say how he will raise awareness so that all families who are eligible can take up that excellent scheme.

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Chris Green Portrait Chris Green
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I agree entirely with my hon. Friend. In that sense, charities are a little bit like small businesses. The most challenging time for both is at the beginning.

The Bill gives freedom of movement for charities such as churches, meaning that donations do not necessarily have to be made on the site of the church for the gift aid scheme to apply.

Like many constituencies, mine boasts many charitable organisations that do fantastic work for the community. I should take this opportunity to thank them all for their work. I have always appreciated the various different charities in and around my constituency but it was only when I became a Member of Parliament did I appreciate how much work is done. The Horwich Community Working Together event, which involved 50 different charitable organisations coming together to share ideas and best practice, was such an eye-opener. Westhoughton Community Network is another fantastic organisation that works to bring together different charitable organisations to share that experience and knowledge, and to stand in solidarity with one another.

Maggie Throup Portrait Maggie Throup
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When my hon. Friend goes to different events across his constituency, does he find that the same people represent a number of different charities? The Bill will make it easier for them to give even more back to their communities. I come across constituents who are members of the Canal & River Trust as well as the Rotary—it goes on and on. Does he agree that groups of charities in his constituency will benefit in the same way?

Chris Green Portrait Chris Green
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Absolutely; I agree entirely. I was just thinking about the fantastic work done, often in hazardous conditions, by the Bolton Mountain Rescue Team. It is not just the team itself that raises money. Rotary clubs and other organisations raise a lot money for them, too. Civic society is so important. We ought not always rely on central or local government to do everything for us. We ought to look to civic society for many important things in our daily lives. By celebrating, recognising and communicating that as widely as possible, we provide the opportunity for more people to hear about such work and get involved in these organisations. Recently, I worked a shift in the local Bolton Hospice Macmillan Cancer Support shop. Little did I realise how much time and effort goes into running the small charity shops on our high streets. A fantastic amount of effort and organisation goes into them. The relationship between the volunteers and professionals is also fantastic. Professionals in charities are able to provide continuity and a political edge.

Oral Answers to Questions

Maggie Throup Excerpts
Tuesday 7th June 2016

(8 years, 5 months ago)

Commons Chamber
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David Gauke Portrait The Financial Secretary to the Treasury (Mr David Gauke)
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The UK is bringing in a register of beneficial ownership for companies. On trusts, where there are tax consequences that will also be included. So, yes, the UK is leading on that, and we are pretty much the first country to do so.

Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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T2. I have been contacted by a number of constituents who are having difficulty with this year’s online HMRC self-assessment system, particularly with the level of customer service they are getting from the helpdesk. Will the Minister look into this issue as a matter of urgency so that we can get a speedy resolution to the problems and ensure that my constituents are not penalised?

David Gauke Portrait Mr Gauke
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I would be very happy to meet my hon. Friend to discuss the specific points, but I would also say that the customer performance of HMRC last year was clearly not at an acceptable level. In the run-up to the self-assessment deadline at the end of January 89% of calls were getting through first time and the average waiting time was less than five minutes. That can be improved on, but we should note that it is a much higher performance than has been achieved in HMRC’s previous history.

Oral Answers to Questions

Maggie Throup Excerpts
Tuesday 19th April 2016

(8 years, 7 months ago)

Commons Chamber
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Damian Hinds Portrait Damian Hinds
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Britain does have a leadership position in the industry, but we need a balance. We need a portfolio of energy sources and to recognise the importance of baseload power. That is why the development of new nuclear is also so important.

Maggie Throup Portrait Maggie Throup (Erewash) (Con)
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11. What steps he is taking to facilitate transactions between UK and Iranian financial institutions.

Harriett Baldwin Portrait The Economic Secretary to the Treasury (Harriett Baldwin)
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The Government fully support expanding the UK’s trade relationship with Iran. The Treasury is actively liaising with UK banks and industry bodies, to understand concerns and help re-establish financial channels between the UK and Iran.

Maggie Throup Portrait Maggie Throup
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Despite the improving diplomatic relations between the British and Iranian Governments, UK businesses still face significant barriers to completing legitimate banking transactions for trade purposes. Will the Minister look at what more can be done to help to facilitate financial transactions between UK and Iranian banks, so that the UK economy can begin to benefit from this new market?