Nigel Evans
Main Page: Nigel Evans (Conservative - Ribble Valley)Department Debates - View all Nigel Evans's debates with the HM Treasury
(12 years, 7 months ago)
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Mr Deputy Speaker (Mr Nigel Evans)
Order. The hon. Lady rises to speak from the Opposition Dispatch Box. As that cannot be done in an Adjournment debate, may I ask her to make her intervention from the Bench behind?
Cathy Jamieson
I apologise, Mr Deputy Speaker. I still find the conventions of the House somewhat confusing.
Cathy Jamieson
Does the hon. Gentleman agree that the Treasury should look again at the impact assessment? It estimates that it will take in some £35 million in 2013-14 as a result of this measure, but it should look again at the impact assessment to compare that with the amount of money that will be lost in the wider economy.
Mr Stuart
The hon. Lady is right. I have many more examples, including that of Laura Goldspink, who lives in my constituency and also works at Willerby Holiday Homes. Charles Gillett, who runs a business that is 100% reliant on the caravan industry, has talked of
“an industry on a knife edge, struggling to emerge from the ravages of the recent recession.”
He, too, pointed out that it is not 750 companies affected, but well over 2,000. Peter Smith, the chairman of the Swift Group—one of the leading employers in east Yorkshire, with 800 staff and a turnover of £200 million —has said:
“A very conservative HMRC prediction is a reduction in demand of 30% which would lead to the lowest market figure for over a decade of around 11,000 units,”
as we have discussed. He continued:
“Such a reduction is likely to increase the cost of materials (due to economies of scale), make credit harder to come by and jeopardise the viability of manufacturers and suppliers.”
I have said enough. Peter Smith put his finger on it, as have all the other Members who have spoken. The Budget is all about creating jobs, but if this measure is implemented, it would have exactly the opposite effect. What we ask, from both sides of the House, but particularly the Government Benches, is for the Minister to listen to the contributions to the consultation and reconsider.
Mr Deputy Speaker
I am sorry that we did not have time in this relatively short debate to hear most of the speech that the hon. Gentleman was holding in his hands.