Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Tim Loughton Excerpts
Tuesday 22nd May 2018

(6 years, 1 month ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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On the publication of Government analysis, I have made it clear on several occasions that once Parliament is being asked to vote on a proposal—on a package—it will be appropriate for the Government to publish the analysis that they have, to make sure that that debate is as informed as possible. The future trajectory of household incomes will depend, in part, on the quality of the deal we negotiate as we exit the EU, and we are focused on getting the very best deal for British jobs, British prosperity and British businesses.

Tim Loughton Portrait Tim Loughton (East Worthing and Shoreham) (Con)
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T2. Much champagne, or, in the more discerning households, English or Welsh sparkling wine, was drunk at the weekend, so what is the Chancellor doing financially to help promote and expand this excellent domestic wine industry? Post Brexit, will he address the anomaly whereby fizz is taxed more than still wine, which has a higher alcohol volume?

Elizabeth Truss Portrait The Chief Secretary to the Treasury (Elizabeth Truss)
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I know that my hon. Friend represents some of the finest English sparkling wine vineyards, and I am pleased to say that some new ones have recently opened in Norfolk. We now have record exports of more than £100 million a year of our fantastic sparkling wine and we will continue to look at our policies to promote this brilliant product.