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Speech in Westminster Hall - Tue 14 Dec 2021
Co-operatives and Mutual Societies

"Marvellous. I am looking forward to the hon. Gentleman’s contribution later, when I hope he will tell us all about that. It is wonderful to have cross-party agreement on some of these subjects, and I hope we can drive forward the agenda.

Large co-operative employers are at the forefront of …..."

Steve Baker - View Speech

View all Steve Baker (Con - Wycombe) contributions to the debate on: Co-operatives and Mutual Societies

Speech in Westminster Hall - Tue 14 Dec 2021
Co-operatives and Mutual Societies

"I am grateful to the hon. Gentleman for his intervention. I hope to make a few remarks about mutuals, but I am focusing first on co-operatives. I have been involved in the inquiry into LV= by the all-party parliamentary group for mutuals. LV= made quite a compelling case, but the …..."
Steve Baker - View Speech

View all Steve Baker (Con - Wycombe) contributions to the debate on: Co-operatives and Mutual Societies

Speech in Westminster Hall - Tue 14 Dec 2021
Co-operatives and Mutual Societies

"The hon. Gentleman has spoken with such passion and enthusiasm—he could not see, under my mask, the enormous smile he put on my face. If he sends me a link to Nudge’s site, I will have a look at investing. I would be delighted to consider it...."
Steve Baker - View Speech

View all Steve Baker (Con - Wycombe) contributions to the debate on: Co-operatives and Mutual Societies

Speech in Westminster Hall - Tue 14 Dec 2021
Co-operatives and Mutual Societies

"I have immensely enjoyed this debate and everybody’s contributions to it. It is an honour to be the person who happened to have their name on the top of the application, so it is with some humility that I speak last. I particularly want to say how much I enjoyed …..."
Steve Baker - View Speech

View all Steve Baker (Con - Wycombe) contributions to the debate on: Co-operatives and Mutual Societies

Speech in Commons Chamber - Tue 07 Dec 2021
Oral Answers to Questions

"Is it not the case that the dreadful seeds sown by years of ultra-cheap credit and quantitative easing are now bearing their awful fruit through inflation, the ultimate stealth tax?..."
Steve Baker - View Speech

View all Steve Baker (Con - Wycombe) contributions to the debate on: Oral Answers to Questions

Speech in General Committees - Thu 18 Nov 2021
Value Added Tax (Distance Selling and Miscellaneous Amendments No. 2) Regulations 2021 Customs Tariff (Establishment and Suspension of Import Duty) (EU Exit) (Amendment) (No. 2) Regulations 2021

"I am delighted to have this rare opportunity to speak in a Delegated Legislation Committee. It seems these days that I only obtain this pleasure by swapping with a colleague, and I cannot think why there is a reluctance to appoint me.

I absolutely welcome the simplified accounting schemes, and …..."

Steve Baker - View Speech

View all Steve Baker (Con - Wycombe) contributions to the debate on: Value Added Tax (Distance Selling and Miscellaneous Amendments No. 2) Regulations 2021 Customs Tariff (Establishment and Suspension of Import Duty) (EU Exit) (Amendment) (No. 2) Regulations 2021

Speech in General Committees - Thu 18 Nov 2021
Value Added Tax (Distance Selling and Miscellaneous Amendments No. 2) Regulations 2021 Customs Tariff (Establishment and Suspension of Import Duty) (EU Exit) (Amendment) (No. 2) Regulations 2021

"Only honourable!..."
Steve Baker - View Speech

View all Steve Baker (Con - Wycombe) contributions to the debate on: Value Added Tax (Distance Selling and Miscellaneous Amendments No. 2) Regulations 2021 Customs Tariff (Establishment and Suspension of Import Duty) (EU Exit) (Amendment) (No. 2) Regulations 2021

Written Question
Off-payroll Working: Reform
Wednesday 17th November 2021

Asked by: Steve Baker (Conservative - Wycombe)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what his planned timetable is for the (a) completion and (b) publication of the independent research commissioned by the Government into the short-term impacts of the April 2021 reform of the off-payroll working rules.

Answered by Lucy Frazer

HMRC has commissioned external research into the short-term effects of the April 2021 off-payroll working rules reform in the private and voluntary sectors, and fieldwork for this research started in October.

The research is expected to be completed in spring 2022 and will be published in due course once complete.


Written Question
Alcoholic Drinks: Excise Duties
Wednesday 17th November 2021

Asked by: Steve Baker (Conservative - Wycombe)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps he is taking to ensure that the savings induced by his reforms to alcohol duty will be passed to consumers.

Answered by Helen Whately - Shadow Secretary of State for Work and Pensions

These are commercial matters between vendors and their suppliers.


Written Question
Central Bank Digital Currencies
Wednesday 17th November 2021

Asked by: Steve Baker (Conservative - Wycombe)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will make it his policy that any central bank digital currency will not be used to direct, control or hold under surveillance the spending of holders of such currency by ensuring that the currency is not programmable.

Answered by John Glen

The Government and the Bank of England have not yet made a decision on whether to introduce a central bank digital currency (CBDC) in the UK, and will engage widely with stakeholders on the benefits, risks and practicalities of doing so.

Maintaining user safety and privacy is an utmost priority as the Government and the Bank appraises the case for a CBDC in the UK.

The Government’s commitment to ensuring any CBDCs operate within appropriate privacy frameworks was set out in the G7’s public policy principles for CBDC, as part of the UK’s G7 Presidency.  These principles set out rigorous standards of privacy, accountability for the protection of users’ data, and transparency on how information will be secured and used is essential for any CBDC to command trust and confidence.

Earlier this month, the Government committed to public consultation with the Bank of England in 2022 setting out an assessment of the case for a UK CBDC, including the merits of further work to develop an operational and technology model for a UK CBDC.