Class 4 National Insurance Contributions Debate
Full Debate: Read Full DebatePeter Bone
Main Page: Peter Bone (Independent - Wellingborough)Department Debates - View all Peter Bone's debates with the HM Treasury
(7 years, 9 months ago)
Commons ChamberWe have already addressed the concerns of women affected by the change in pension age. Of course I am aware of the residual concerns being expressed by that group of people, and we hear those concerns, but we have addressed the principal issue.
I very much welcome the Chancellor’s statement. In Wellingborough, we had a parliamentary meeting on Saturday morning, when the view on the general principle in the manifesto was mentioned. Will he look to the future, however? He may be able to narrow the difference between the employed and the self-employed by reducing the contribution that the employed make, so will he do that from the Brexit dividend?
My hon. Friend never misses an opportunity to bring us back to his agenda. I have had suggestions from various parties that the gap between the contributions of the employed and the self-employed could be narrowed by the device of lowering the contributions of the employed. However, 85% of the working population are employed, and any reduction in the contribution of the employed would be a huge fiscal cost and would—in our world—have to be paid for, although the right hon. Member for Hayes and Harlington may have a different view.
Far be it from me to have to say this to the right hon. Gentleman, but I think that he has raised a notably political point under the elegant cloak of constitutionalism. He does have some experience and dexterity in these matters, and I am therefore not altogether surprised at his ingenuity on this occasion. However, I do not think that it warrants a response from the Chair beyond that which I have offered. His point is on the record.
But it has been heard, and I do not wish further time to be taken up by a Division of the House. Now we must hear the point of order from Sir Desmond Swayne.