Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Richard Burgon Excerpts
Tuesday 7th May 2024

(6 months, 2 weeks ago)

Commons Chamber
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Bim Afolami Portrait The Economic Secretary to the Treasury (Bim Afolami)
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My right hon. Friend is right that this issue is critical. I am pleased that the ISSB recently announced its intention to commence a research project on a nature thematic standard, carefully considering the TNFD’s recommendations. His Majesty’s Government have established a formal mechanism to assess the ISSB standards for suitability for the UK to ensure that with a general sustainability standard, and more specifically with a climate sustainability standard, we are doing the right thing for the UK. The Government will publish an implementation update on sustainability disclosure requirements shortly to provide further information for industry—watch this space.

Richard Burgon Portrait Richard Burgon  (Leeds East)  (Lab)
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T2. We have all seen it: the richest Prime Minister in history has spent the weekend telling the public that his plan is working. Well, it is not working for people in Leeds East, whose taxes are going through the roof while our public services are on their knees. Would a better plan not be to go after the tax dodgers, rather than making ordinary people pay the price for this Government’s abject failures?

Nigel Huddleston Portrait The Financial Secretary to the Treasury (Nigel Huddleston)
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I have to say that I find this hypocrisy astounding. First, if the Opposition objected to the national insurance cuts, why did the Leader of the Opposition say that he supported them? If the Opposition are so keen on abolishing tax dodging, why did they not support our Finance Bill, which had measures in place to do just that? They did not support it; they abstained on it.