(9 years, 7 months ago)
Commons ChamberThe longer this debate goes on, the clearer one can see why, under Labour, gas bills doubled, electricity bills went up by 15% and fuel poverty trebled. Labour Members like to talk the game when it comes to lower prices, populism and easy answers, but the reality, as we saw when they were in office, is that their measures are ineffective and often counter-productive.
Let us take their current price freeze idea. If Labour’s policy had been implemented when it was announced, energy consumers would have lost out. Today’s consumers are better off with the Conservative/coalition policy that has been pursued. It is clear that Labour sources realise this and provide quotes that admit it. A Labour source spoke to The Sun and “Mail Online”, so let me acquaint Labour Members with this for their better understanding of their own policy. This Labour source said, and Labour Members should listen carefully:
“The freeze was announced at a time when energy prices were rising inexorably—nobody was talking about prices coming down, or even thinking about it. Obviously, if bills are coming down at the election there may have to be a bit of rebranding to make it clear it will operate as a price cap instead.”
What we are seeing, and what this debate is all about, is the screeching of brakes and the squeal of tyres as the Labour bandwagon puts into effect another mad U-turn that is ill thought out and entirely chaotic, as the freeze is rebranded as a cap to take advantage of the reality that petrol, fuel and energy prices are now falling.
The hon. Gentleman is absolutely correct in the criticisms he makes of the Opposition, but does he, like them, support the increase in the levy control framework and green levies from £2.3 billion in 2012 to £9.8 billion in 2020—a quadrupling of money added to bills or to taxpayers?
I am proud that this Government have rolled back the green levies by £50, and I note that, not so long ago, the shadow Secretary of State was talking about green taxes as being “only” £113. I note, too, that the Leader of the Opposition wants to increase green levies and put more greenery in our electricity bills, driving up the cost of power. We know that the Opposition have set out that policy and that we have taken action to safeguard the interests and position of consumers. [Interruption.] If the shadow Secretary of State wants to make an intervention, I would welcome it.
(12 years, 4 months ago)
Commons ChamberThe Business Secretary is well known for having strong and principled positions from which he never resiles. The hon. Gentleman makes a fascinating point, although I do not know the detail of that quotation.
Let me turn to tax planning, and avoidance and evasion. As I have said, people set up personal service companies and, quite frankly, fiddle the system. To be honest, we need stronger anti-avoidance legislation to stop that kind of thing. However, the important point is that we need it if the rate is at a level at which people regard it as socially acceptable to pay, and do not feel that they are being completely fleeced.
My hon. Friend has substantial expertise as a tax lawyer. Does he think that a “look-through” anti-avoidance measure for personal service companies of that type would work?