John Bercow
Main Page: John Bercow (Speaker - Buckingham)Department Debates - View all John Bercow's debates with the HM Treasury
(7 years, 6 months ago)
Commons ChamberShort-term indicators of growth are volatile. Quarterly growth was 0.2% in the first quarter of this year, but this followed strong growth of 0.7% in the quarter before. The underlying economy is robust, thanks to record employment levels. Although a recent rise in inflation, caused mainly by the depreciation of sterling last year, may temporarily dampen consumer spending—today’s inflation figure for June is a little lower at 2.6%—there are signs from surveys of business that export orders and business investment intentions are up.
Thank you, Mr Speaker. Would the Chancellor not agree that a growing economy is necessary to pay for our essential public services? The Office for Budget Responsibility’s “Fiscal risks report”, which has already been referred to, says that
“governments should expect nasty fiscal surprises from time to time”—
I am not referring to the shadow Chancellor there—and “plan accordingly”, but this Government also have to manage the uncertainties posed by Brexit. Should not a responsible Government not worsen uncertainties and risks by the decisions that they take?
Actually, we are seeing record numbers of people, in particular disadvantaged students, going to university. The situation will not be helped if people are conned with the idea that student debts will be written off.
Well, that was a first in this place, certainly during my time in the Chair: I have never known a ministerial swap to take place mid-answer. I assume that it was inadvertent; the Exchequer Secretary to the Treasury is nothing if not immaculate in his parliamentary manners. I put it down to error. But I hope that the Ministers know their own identities. I would be worried for them if they did not.
10. What fiscal steps his Department is taking to incentivise businesses to invest in rooftop solar.
I thought my hon. Friend was going to say that the sun may be shining more brightly post-Brexit. We are very keen to see the progress of solar as well as all other renewables. We will have to see what happens with pricing, but the key thing is that we will be supporting solar, as it is a key part of our power mix for the future.
There was I thinking that the hon. Member for North East Somerset (Mr Rees-Mogg) was taking an interest in energy saving because he has six children. Apparently not.
Have not the Government actually cut support for solar because, together with new storage technologies, it threatens to become so successful that it would kill off any case for horrendously expensive nuclear?
Time is against us, but I want to hear a couple more of the Order Paper questions.
15. What discussions he has had with the Secretary of State for Education on the effect of Government investment in skills since 2010.
I am advised that the point of order flows from Treasury questions, and I will therefore take it, but if it turns out to be just a continuation of the debate, I will be pretty intolerant of it; so I hope it is pithy and something approaching a genuine point of order.
Thank you, Mr Speaker. I very much appreciate your taking my point of order.
During Treasury questions, I asked the Exchequer Secretary to the Treasury, the hon. Member for Harrogate and Knaresborough (Andrew Jones), a question that specifically concerned an announcement in the Chancellor’s autumn statement. He did not answer it, saying that it was not within the remit of his Department. May I ask for your guidance, Mr Speaker? Whom should I ask questions about Treasury documents, if not Treasury Ministers?
If memory serves me correctly, the Minister indicated that he would pass the matter on to the relevant departmental Minister. These are matters not of precise fact but of judgment, and also of some discretion so far as the Minister answering questions is concerned. Of course, when the Chancellor delivers either his Budget or an autumn statement, he inevitably makes announcements that concern expenditure covering all sorts of different Government Departments. If subsequently a Treasury Minister is asked a question relating to expenditure in a particular area to which, because of his or her natural self-effacement and modesty—in the case of the hon. Member for Harrogate and Knaresborough—he feels that another Minister would be better equipped to provide an informative answer, there is nothing disorderly about that. It may be disquieting for the hon. Lady, but that is not the same as the Minister’s behaviour being disorderly. I hope the hon. Lady will accept that for now—and I see that the Minister is beaming with contentment, although it has to be said that there is nothing new there.