Business of the House

Mark Pritchard Excerpts

Thursday 6th December 2012 Commons Chamber

[Mr Lansley]

I am not quite sure what the hon. Lady is saying. Hon. Members listened to the right hon. Member for Cynon Valley yesterday at Prime Minister’s questions and had the utmost sympathy with her circumstances. That is precisely why Members on both sides of the House are determined to support the leaders of the nursing profession in improving the quality of care and the care and compassion with which patients are treated—they should always be treated with dignity and respect. Frankly, that is not about resources. Resources are rising in the NHS, with the exception of the NHS in Wales, where there is an 8% real-terms cut. The hon. Lady is talking about England, but she bracketed England and Wales together. In Wales, the NHS budget is being cut; in England, the NHS budget is being increased.

[Mark Pritchard (The Wrekin) (Con)]

Given that thousands of entrepreneurs, business people and investors have returned to this country since the top rate of tax was reduced from 50p in the pound to 45p, may we have a debate on what impact reducing the top rate to the higher rate of 40p in the pound would have, and how many more thousands of people will return to this country?

[Mr Lansley]

The Chancellor has made the right judgment in recognising that, in the year after the introduction of the 50p rate, the number of people reporting income of more than £1 million people halved, and the tax revenue from the richest went down by £7 billion. One must make a judgment. We cannot keep reducing the top rate of tax and hope continually to increase revenue, but it is important to support entrepreneurship and wealth creators. That is one reason why the further reduction in corporation tax by April 2014 to 21% will help put us in a very competitive position in the global race.