(1 year ago)
Commons ChamberI am not sure whether the hon. Lady is lobbying me or Opposition Front Benchers with her comments, but she will be well aware that we do have a progressive tax system in the UK. It is important to remember that the top 5% of taxpayers are projected to pay nearly half of all income tax in 2023-24; and the top 1% as much as 28%. Compared with what we inherited from Labour in 2010, when the top 1% of income tax payers paid 25% and the top 5% paid 43%, the tax system is fairer and more progressive under the Conservatives.
Those who live in homes with driveways pay just 5% VAT when they charge their cars from their home electricity, but those who live in terraced houses have to pay 20% VAT to charge commercially. Given that those who live in terraced houses are often less wealthy, will the Minister, whom I congratulate on his new role, meet me and other members of the Conservative Environment Network to look at how we might level out that anomaly?
My right hon. Friend is a great champion of such issues in her constituency and beyond. I am aware that she has already spoken to the Chancellor about this issue, but I would be delighted, as always, to meet her and discuss it further.
(5 years, 4 months ago)
Commons Chamber(7 years, 5 months ago)
Commons ChamberIt is an honour to follow the hon. Member for Brighton, Kemptown (Mr Russell-Moyle). Nobody can doubt his passion and commitment, and I look forward to seeing him display that grit over many months and years to come.
I would like to take the opportunity to thank the residents of Mid Worcestershire for returning me to this place. It is an honour to be a Member of Parliament, and like everybody in the House, I do not take that honour for granted.
There is much to praise in the Gracious Speech. It is a practical and consumer-friendly speech, and I am particularly pleased to see the recommitment to fairer funding, which I shall come on to in a moment. The overall theme of the speech, for me, was the continuation of the successes of the past few years. We can reflect on where we are in 2017: we have the highest employment level in this nation’s history, and unemployment is at a 45-year low. Over the past seven years 29 million people have had a tax cut and 4 million people have been taken out of paying income tax altogether, while the top 1% of taxpayers pay 28% of all income tax. The tax-free allowance has increased from £6,450 to £11,500. At the same time we have been paying off debt and Government expenditure has increased significantly so that we have record spending on health, education, pensions and disabled people—the last of those is up by £3 billion in real terms since 2010.
While my hon. Friend is listing the Government’s great achievements, may I remind him that when Labour was last in government there were 1 million young people not in education, training or employment, and now we have one of the lowest levels of youth unemployment anywhere in Europe?
I thank my hon. Friend for that intervention. She makes precisely my point about education, which is the focus of today’s debate. I am pleased that we are committed to £4 billion extra for education during this Parliament.
Hon. Members will be familiar with the fact that an increasing number of Members on both sides of the Chamber come from rather moderate backgrounds and went to comprehensive schools, including myself and my hon. Friend the Member for North East Hampshire (Mr Jayawardena). It is important to remember that we come from quite humble origins, and that education has enabled us to be successful in life. It has been the key to success in my life and has enabled me to do many things. It is my role, and that of many of us here, to give as many people as possible the opportunities that we have had.
Education can be and is the silver bullet. It is vital, therefore, that we have an education funding system that is fair and reasonable to all. Money is not everything, but it certainly helps. If we look at the educational outcomes and the improvements that we have seen in London over the last few years, there is no doubt that the huge amount of money spent there has helped to enable that success, but let us contrast the significant differences in per-pupil funding. For example, in Tower Hamlets the figure is now £6,965 per pupil. That is a fantastic number, but it contrasts sharply with funding in my constituency, which is £4,319 per pupil. Of course there are differences in the socioeconomic make-up, but a difference of £2,600 per pupil is a phenomenal sum. We must therefore focus on fairer funding, because there is nothing honourable and absolutely nothing morally superior in maintaining the blatantly unfair existing system. We therefore must do something about it. I therefore applaud the Secretary of State for Education for at least making an effort to improve things in this area, and will therefore be voting for this element and the many other positive elements in the Gracious Speech when we enter the Lobbies on Thursday.