(8 years, 8 months ago)
Commons ChamberI did see that report yesterday. We all have to accept that the retail industry faces an enormous amount of change, particularly because of what is happening on the internet and the way in which people are shopping online. I personally think that one of the biggest changes we can make right now is to allow shops to open on a Sunday, which is the biggest single day for internet shopping. We cannot say that we want to protect our high street shops while in the same breath saying that they cannot open on one day every week, given that the internet is open 24 hours a day. We shall have a chance to vote on that question next week.
T7. The Chancellor’s statement on ECOFIN referred to the UK seeking a multilateral agreement on making the details of the tax paid by companies publicly available on a country by country basis. Will he tell us what measures he will take to achieve that, and on what timetable? As a first step, will he admit that his Google tax deal was not a great success, and does he accept the Public Accounts Committee’s call for full transparency?
The Public Accounts Committee has investigated HMRC deals in the past and it is of course welcome to do so again. It gave HMRC a clean bill of health on its approach to these things. We are introducing country by country reporting, and the regulations came into force last week. That is happening only because this Prime Minister put the matter on the agenda in this country and internationally, and I have been calling, at the EU and at the G20, for an international agreement on public reporting so that we can know what companies are paying in different jurisdictions rather than just reading reports about it.
(9 years, 4 months ago)
Commons ChamberThere will be another interesting question for this House when we vote on the new fiscal rules. Two weeks ago the shadow Chancellor said that he supported a surplus, yet he has objected to every single welfare change that is being introduced in this House, and he refused to support our legislation last night. We shall see what he says about the spending review in the next few hours, but we cannot will the ends if we do not will the means, and that means difficult choices to ensure that our country lives within its means.
This Chancellor has missed every one of his own deficit reduction targets, and borrowed more than any other Chancellor in history. Will he confirm that, according to the Office for Budget Responsibility forecast, the fiscal changes in the summer Budget mean £26.8 billion more public borrowing in the next two financial years, and that since 2010 he will have borrowed a full £200 billion more than he planned?
I think that is exactly the same question that was read out about half an hour ago—I am not sure that it says much for improved productivity on the Labour Benches.
(9 years, 5 months ago)
Commons ChamberI very much enjoyed visiting the engineering firm Garrandale in my hon. Friend’s constituency a couple of weeks ago. It is an outstanding example of a successful medium-sized business growing in the east midlands and exporting around the world, and we want to see more of that in our country. That is why we have a policy that delivers economic security for our nation in uncertain times, more jobs, more infrastructure, and more support for small businesses—all so that we can back the working people of this country.
The right hon. Gentleman referred to Talha Asmal from my constituency, who is alleged to have become the UK’s youngest-ever suicide bomber. Will he agree to convene a meeting between myself and Home Office Ministers to discuss a review of counter-terror policy, particularly with reference to tackling radicalisation?
Home Office Ministers will be very happy to meet the hon. Lady and her constituents. Of course, we want to work together to try to prevent other tragic cases like this one; and of course, let us not forget the victims of the suicide bomb as well as the suicide bomber. That is going to be a great generational task for us. It is clear that Islamic extremism and the radicalisation of our young people is not going to be something that we solve in space of a week or a month, or even, potentially, in this Parliament. We need to work across party divides. We also need to work with all the different public services to make sure that we prevent these young people from thinking that somehow their life, or their death, is better on the other side of the world.