John Bercow
Main Page: John Bercow (Speaker - Buckingham)Department Debates - View all John Bercow's debates with the Wales Office
(7 years ago)
Commons ChamberI will happily take the hon. Member for North East Hampshire (Mr Jayawardena) on this Question.
As I mentioned to the hon. Member for Islwyn (Chris Evans), I am encouraged by their interest and commitment. Japanese companies, by tradition, make long-term investments. The first was in Bridgend—Sony was one of the first—in 1973, and they have similarly committed that they want to remain with us for the long term to come. [Interruption.]
Order. There are very many private conversations taking place, but I think it is fair to the Secretary of State if we are able to enjoy the product of his lucubrations. He spent a lot of time preparing for this session; it seems a very great sadness if his observations cannot be properly heard. Liz Saville Roberts.
Diolch yn fawr. A report earlier this year found that foreign direct investment to Wales declined by 44% during the EU referendum year, with what are described as “geographically peripheral” regions lagging even further behind. What will it take for the Secretary of State to admit that the only way to protect jobs and wages is to maintain economic links with the EU by staying in the single market and customs union permanently?
I am very pleased that the Prime Minister is here to listen to my question, because on a number of occasions I have asked her about the importance of the port of Holyhead in my constituency to Irish trade. Last week, a company from Ireland suggested a new route to Holland and Belgium, circumnavigating Britain. Stakeholders in my constituency are concerned about that. The Irish Government are concerned about that; so are the Welsh Government. When will the UK Government wake up?
I welcome the fact that the UK and devolved Administrations have agreed the principles on which the common frameworks will be constructed, which will be of particular interest to business groups, universities and the National Farmers Union of Wales. I encourage the Minister to continue these exchanges with the devolved Administrations, so that we can reach agreement on how the common frameworks should be established.
If we are leading the world, perhaps the Prime Minister could explain how the amount of income tax paid by the super-rich has fallen from £4.4 billion to £3.5 billion since 2009. Earlier this year, the Public Accounts Committee said that HMRC’s record of getting multi-millionaires to pay their taxes was “dismal” and that the super-rich were getting
“help with their tax affairs that is not available to other taxpayers.”
Our schools’ budgets are being cut, more people are waiting longer for treatment—[Interruption.]
Order. We tend to have large doses of this over-excitement every week, but I just give notice that, as usual, I would like to get to the end of the questions on the Order Paper and to facilitate Back-Bench inquiries as well. Members are eating only into their own time; I have all the time in the world.
Since Conservative Members get so excited, I must say it again: our schools’ budgets are being cut, more people are waiting longer for treatment on the NHS, and more elderly and disabled people are not getting the social care they need. When it comes to paying taxes, does the Prime Minister think it is acceptable that there is one rule for the super-rich and another for the rest of us?
The top 1% of earners in this country are paying 28% of the tax burden. That is the highest percentage ever, under any Government. Once again, the right hon. Gentleman is wrong. Over the next two years, £2.5 billion extra is being put into our schools as a result of decisions taken by this Conservative Government.
The right hon. Gentleman talks about spending on schools and hospitals, and I will tell him where the real problem lies. Today we spend nearly £50 billion in payments on interest to those we have borrowed from as a result of the legacy of the Labour party. That is more than we spend on the NHS pay bill, and it is more than we spend on our core—[Interruption.]
Order. The Prime Minister’s answer will be heard, as I indicated that the question from the Leader of the Opposition would be heard. Mr Gapes, you are a senior and cerebral denizen of the House. This excessive gesticulation is not good for you, man. Calm yourself.
We spend £50 billion every year on debt interest payments to people we have borrowed from. That is more than the NHS pay bill, it is more than our core schools budget and it is more than we spend on defence. That is the result of the economy we were left by the Labour party in government. And what does the Leader of the Opposition want to do? He wants to borrow £500 billion more, which would make the situation worse and would mean even less money for schools and hospitals.
As the Prime Minister will be aware, self-employed people are not eligible for shared parental leave. This places the burden of childcare on the mum, and denies fathers financial support and bonding time with the child. Has the Prime Minister seen the demands of the March of the Mummies, and can she give us assurances that she is prioritising this very urgent issue?