Oral Answers to Questions Debate

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Department: HM Treasury
Tuesday 11th December 2018

(5 years, 11 months ago)

Commons Chamber
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Robert Jenrick Portrait Robert Jenrick
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I would be happy to meet the hon. Lady. We announced in the Budget that 90% of smaller retailers, including many in her constituency, would see a 30% reduction in their business rates, and the future high streets fund is designed exactly for communities such as the one she represents.

Robert Courts Portrait Robert Courts (Witney) (Con)
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Does my hon. Friend agree that keeping the VAT threshold at £85,000 demonstrates that the Government are firmly on the side of West Oxfordshire’s small businesses?

Robert Jenrick Portrait Robert Jenrick
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My hon. Friend is absolutely right. The VAT threshold in this country is high by international standards. We have retained it at that level to support small businesses, which this Government will always champion.

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Elizabeth Truss Portrait Elizabeth Truss
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We have protected the funding of FE colleges since 2015. We are also investing £500 million in T-levels and improved technical education. More low-income students are going to university and getting high-quality apprenticeships.

Robert Courts Portrait Robert Courts (Witney) (Con)
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I welcome the extra £1 billion for the armed forces that was announced in the Budget. Does my right hon. Friend agree that only this Government’s sensible management of the economy has made that possible?