John Bercow
Main Page: John Bercow (Speaker - Buckingham)Department Debates - View all John Bercow's debates with the HM Treasury
(6 years ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Ian Austin (Dudley North) (Lab)
Mr Hammond
As the hon. Gentleman will know, the national funding formula is providing every local authority with more money for every pupil in every school.
Ruth George (High Peak) (Lab)
After the Budget, then, more than 3 million families will still be losing an average of £2,100 a year by transferring to universal credit. With 40% of claimants in debt and 38% in rent arrears, are not the Government simply transferring the nation’s debt into the pockets of the poorest families, and what assessment has the Chancellor made of their ability to move into work?
Mr Speaker
The hon. Lady should not have spoiled it. She was doing very well before she added a further bit that was not required.
Mel Stride
HMRC has had an additional investment since 2010 of £2 billion. It has 28,000 full-time equivalent staff engaged in the mission of tax inspection and clamping down on avoidance and evasion. We have one of the lowest tax gaps in the entire world, at 5.7%. That is far lower than was the case under the previous Labour Government. In fact, if we were stuck with the poor levels of tax collection under the Labour party, we would lose revenues equivalent to employing every policeman and policewoman in England and Wales.
Mr Speaker
The hon. Member for Gainsborough (Sir Edward Leigh) is a very lucky boy today.
Mr Speaker
The hon. Gentleman is getting ahead of himself. The reason why he is a lucky boy is that he is going to get two bites of the cherry. What he should now say is—mouth it after me—“Question 19”.
Mr Speaker
No, no. I realise the hon. Gentleman has only been here for, I think, 35 years, but what he has to say is, “Question 19”.
Sir Edward Leigh (Gainsborough) (Con)
The Chancellor of the Exchequer (Mr Philip Hammond)
My principal responsibility is to ensure economic stability and the continued prosperity of the British people, and I will do so by building on the plans set out in last week’s Budget. This is a Budget that supports our vital public services, such as the NHS, invests in Britain’s future, keeps taxes low and continues to reduce the nation’s debt. It is a Budget that shows that the hard work of the British people is paying off and that austerity is finally coming to an end. We have turned an important corner in this country and a bright, prosperous future is within our grasp.
Sir Edward Leigh
As our economy is cyclical and sooner or later there will be another recession, will the Chancellor take this opportunity to deny the claim that by spending an extra £30 billion by 2023, we are going to be taking out of the economy exactly the same proportion as Gordon Brown did at the end of his chancellorship? Will the Chancellor assure me that we remain as committed as ever to fixing the roof while the sun shines and that he has a firm plan to reduce the debt?
Several hon. Members rose—
Julian Knight (Solihull) (Con)
Thank you, Mr Speaker.
This morning, the European Automobile Manufacturers Association released research demonstrating that all 270 new-generation diesel vehicles tested to date are below the emissions threshold on the road. In the light of this, will the Treasury team meet me and other colleagues to discuss how we can construct a road tax system that promotes clean diesel over old diesel and protects 9,000 jobs in my constituency?
Mr Speaker
Before we come to the first of the two urgent questions, I remind the House that the sitting will be suspended at 1.45 pm and will resume at 3.15 pm. That is to accommodate the fact that significant numbers of colleagues are going to the commemorative Remembrance service in St Margaret’s church. It might be useful for colleagues to know that both urgent questions will therefore finish by 1.45 pm.