(9 years, 11 months ago)
Commons ChamberI know that Brentford is having probably one of its best years on the pitch. I am pleased to say that the club has done excellent work off the pitch too, which the Under-Secretary, my hon. Friend the Member for Maidstone and The Weald (Mrs Grant), went to see for herself. I agree with my hon. Friend the Member for Brentford and Isleworth (Mary Macleod) on the importance of apprenticeships in sport and the great opportunity they offer for individuals to develop important skills. That is why I am pleased with the support that Sport England already provides. Brentford FC is a good example to many others, showing what clubs can do to help their local community.
T5. The Minister and I entertained one another in a debate on nuisance phone calls about 18 months ago, when his response was, “It’s okay, guys. I’m on top of this. Something’s going to happen really quickly.” Since then we have had an action plan and lots of talking, but nothing has changed. When will he commit to a communications Bill to deal with the problem?
(11 years, 3 months ago)
Commons Chamber10. What recent assessment he has made of the effect of fiscal policy on family incomes.
The Government have published distribution analysis for all our fiscal policies at each fiscal event, and we are the first Government to do so. The most recent assessment was at the 2013 spending review, and the analysis showed that the richest 20% of households continue to make the greatest contribution to reducing the deficit, both in cash terms and as a percentage of their income.
As the hon. Lady has already heard, all millionaires will be paying a higher tax rate under this Government than they did for the whole 13 years that the Labour party was in power. She should also welcome the tax cut we provided for the lowest income families, 25 million people, with 2.7 million taken out of taxation altogether. I note that the Labour party has recently talked about reintroducing the 10p tax rate, which they abolished. Well, I have news for it: all those people are now paying a 0% tax rate on that income.
The Times leads this morning on yet another banking scandal that has cost savers in this country billions of pounds. At the same time, bonuses in the financial sector have risen by 90% and ordinary families are really struggling. It is simply not working, so when will the Government step in and do something about the regular obscenities in the banking industry?
The hon. Lady should look up the facts. Bank bonuses reached their peak when the shadow Chancellor was City Minister; today they are almost one seventh of what they were at that time. The hon. Lady should welcome the measures we have taken to help working families. They have helped reduce interest rates and keep mortgage rates low, meaning that the average family with the average mortgage are paying £2,000 less per year than they did under the previous Government.