9 Victoria Prentis debates involving HM Treasury

High Speed 2

Victoria Prentis Excerpts
Wednesday 10th July 2019

(4 years, 9 months ago)

Westminster Hall
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Victoria Prentis Portrait Victoria Prentis (Banbury) (Con)
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With that in mind, Mr Hosie, I endorse wholeheartedly everything said by the first three speakers, and particularly my right hon. Friend the Member for South Northamptonshire (Andrea Leadsom), who truly eviscerated the business case for HS2. I politely disagree with the right hon. Member for Birmingham, Hodge Hill (Liam Byrne). I do not feel that £100 billion is worth some jobs in Birmingham; there may be ways to assist with employment in Birmingham other than by spending £100 billion of taxpayers’ money. [Interruption.] I do not have time to go through all his arguments in detail, but I look forward to talking to him firmly about it later.

I will make two brief points. The first is romantic, which I make no apology for. We love our area. It is fair to say that some objections to HS2 are a form of—

Victoria Prentis Portrait Victoria Prentis
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Nimbyism, as the former Secretary of State says.

Craig Tracey Portrait Craig Tracey
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Will my hon. Friend give way?

Victoria Prentis Portrait Victoria Prentis
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No, I will carry on, if I may; I have no time.

I reject the nimbyism argument. We are building far more houses in my constituency than in the right hon. Member for Birmingham, Hodge Hill’s, finishing three a day at the moment. We embraced the Oxford-Birmingham canal in the 1790s, we embraced the M40 30 years ago and we broadly welcome east-west rail in our area. We are not against large national infrastructure projects, but we object to large national infrastructure projects with no real benefit, for us or for the nation as a whole. We feel that strongly.

As a former civil servant, the rational argument, as opposed to the romantic one, is that the process to set up HS2 causes me real pain and worry. Frankly, the Committee corridor deals done at the time of the Select Committee stink. They set neighbour against neighbour on purpose, and it was not a pleasant experience to watch. There has been a continual lack of engagement and transparency from HS2. I have a list of questions to which I have repeatedly demanded answers, and it shows no sign of taking me seriously or engaging with me. My right hon. Friend the Member for Chesham and Amersham (Dame Cheryl Gillan) had a very interesting wake-up call when she made a freedom of information request to find out what it felt about her personally. I have not yet grown a thick enough skin to make a freedom of information request about my name and HS2, and I know that my right hon. Friend the Member for South Northamptonshire has not, either.

It is disgusting that taxpayers’ money is being spent on an organisation that behaves this badly. In short, HS2 is a white elephant that is trampling over the dreams and aspirations of my constituents and I cannot support it.

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Nusrat Ghani Portrait Ms Ghani
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I know that NDAs are a particularly sore point for the Labour party right now, but we regularly engage with local authorities, sharing work at the early design stage with them, which is why they use NDAs, especially during the planning phase. They are used to protect commercially sensitive and personal information. I will take the point about using taxpayers’ money on the chin. We need to ensure that we are always using taxpayers’ money properly and transparently. We always hold HS2’s feet to the fire on all of those issues. I am happy to put all of this in writing, and to answer in writing any further questions that the hon. Gentleman has.

Victoria Prentis Portrait Victoria Prentis
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I do not want the Minister to be in any doubt that worries about NDAs come from only one side of the House. On the Conservative Benches, we are equally concerned about the governance of HS2. NDAs are a real concern to us in getting to the bottom of what is going on.

Nusrat Ghani Portrait Ms Ghani
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As I mentioned, NDAs are used to deal with commercially sensitive or personal information. This is a large project involving a large chain of people and companies. We will put into the public domain any information that we can. We will respond to all queries from Members of Parliament within the allotted time.

Arguments have been made for and against HS2. I want to explain why this Government are committed to HS2. Every time the House has voted on this project, the Government have always won with a stomping majority. Our current infrastructure is 150 years old. It is an overstretched Victorian network. Passenger numbers have doubled in the past 20 years, and on key routes in the west coast inter-city corridor they are set to triple.

We have an overused and overcrowded railway, which is also one of the oldest. With HS2 in place, we can deal with the pressures on express trains, freight trains and slower local commuter services, which are already operating at peak capacity. That is just one of the reasons why HS2 is crucial: to solve our chronic capacity problems. I was intrigued by the argument that there will not be as many passengers using our railway network in the future. I hope this Government will not make the argument for people to stand still, but will encourage people to go out for social and work reasons.

HS2 is a new dedicated railway for fast inter-city express services, no longer encumbered by the inevitable inefficiencies associated with mixed-use lines, which will also free up huge capacity on the existing railway for more local trains, including for services to places such as Milton Keynes. In fact, 70% of the jobs created across our economy will be outside London, bringing prosperity to the north and the midlands, just as the first railways did, and not only to the cities on the high-speed line. HS2 trains will call at over 25 stations across the UK, from London to Scotland. It has already created 9,000 jobs and 200 apprenticeships. We expect that to rise to 30,000 jobs at peak construction, including over 2,000 new apprentices, many of whom will be trained at the national colleges in Doncaster and Birmingham.

HS2: Buckinghamshire

Victoria Prentis Excerpts
Monday 29th April 2019

(4 years, 11 months ago)

Commons Chamber
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Nusrat Ghani Portrait Ms Ghani
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This project is to bring together north and south and east and west; we cannot have HS3, or any other name that they want to give an east-west line, without HS2. There is only one budget—£55.7 billion. The Minister with responsibility for trains has said that there is substantial investment in the east coast main line. The hon. Lady talked about wanting to increase capacity, and that is exactly what HS2 will do.

Victoria Prentis Portrait Victoria Prentis (Banbury) (Con)
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As you know, Mr Speaker, our constituents also feel that they are being trampled under the great white elephant of HS2. My question relates to the difficulty I have in getting straight answers out of HS2 Ltd. I had a meeting in my office on 1 April in which I am afraid I was slightly bad-tempered, which is not my normal manner; I apologised, but this gets right under our skin. I have had no follow-up from that meeting, although I was promised real information. I echo the calls of my right hon. Friend the Member for Chesham and Amersham (Dame Cheryl Gillan), because we need to pause this project while we get answers to important environmental questions.

Nusrat Ghani Portrait Ms Ghani
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If my hon. Friend was indeed enraged, all I can say is it will have been a very good meeting. I am sure HS2 will be listening to our exchanges. I know that a meeting took place on 1 April. I had hoped it would be productive. If it has not been, I will hold a meeting with her and work out what we can do to take this matter forward. She has some challenging cases to deal with and has made really good representations to me and HS2 Ltd. It is because this project will have an impact on the environment that we are doing everything we can to mitigate it, from planting over 7 million trees to ensuring no net loss in biodiversity, which are all things she is passionate about.

Communities: Charities and Volunteers

Victoria Prentis Excerpts
Wednesday 13th February 2019

(5 years, 2 months ago)

Commons Chamber
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Victoria Prentis Portrait Victoria Prentis (Banbury) (Con)
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My parents were dedicated to voluntary work. Whereas other children played cricket, as you did, Mr Deputy Speaker, or played mummies and daddies or shops, my sisters and I used to play “holding a meeting”, and it was invariably a charity meeting. So it is not a great surprise that, all my adult life, I have tried to work at least one day a week for charity. That has enabled me to move from charity to charity locally, helping to buy a bus for Leonard Cheshire and selling cushions for Fine Cell Work—good golly, that was difficult; nobody likes giving money to prisoners, apart from those involved in the criminal justice system. I also raised money for the urology department—try that, guys; a urology ball, anyone?

There are two things that I am most proud of. First, along with my right hon. Friend the Member for South Northamptonshire (Andrea Leadsom), I set up NorPIP, as a founding trustee. Our by-line was “Two is too late”, which is not quite true, but it focused strongly on the attachment issues between parents who are struggling and their very young babies. Secondly, I set up the benefactors’ board for my local hospital trust. We described that as the icing on the cake. What we were adding to the NHS, which we all really supported, were the bits that the NHS could not fund, such as new bits of equipment that it could not take the extra leap to fund, nice duvet covers for the children and equipment for the hospital school. I am proud to have set up that fund and chaired it for many years. I am also proud that my predecessor’s wife took it over when I was elected to this place. She is a great lady, and he is a great man. He has had a knock-back in his charitable experiences today as Age Friendly Banbury has not received the funding it went for, but I know that will not set him back.

I am trying to say that charity work is a great background for someone to be a local MP. It means they know people locally—leant-in people locally—and they know what is going on in their local area. It is of course a great background for everybody. As the hon. Member for West Dunbartonshire (Martin Docherty-Hughes) said, it is really good for everybody’s mental health to volunteer. When our son died, my work for Save the Baby helped me to get back to playing a part in society. We can get positive things, as you know, Mr Deputy Speaker, out of tragedy.

To put it politely, volunteers are so much more powerful and good, at fundraising in particular, than paid charity workers. People give money to people. We know that, and we have proved it time and again.

Andrew Griffiths Portrait Andrew Griffiths (Burton) (Con)
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May I commend two organisations—the Lions and Rotary—to my hon. Friend? I am lucky in my constituency to have Burton Rotary and Uttoxeter Lions. Both organisations raise tens of thousands for good causes in my constituency and, I am sure, across the country. Does she agree that those organisations play a huge role in our communities?

Victoria Prentis Portrait Victoria Prentis
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I do. Those are fabulous local groups, and we are lucky enough to have them in my area too. My hon. Friend is quite right to draw attention to them.

We are not just talking about formal charities today. I would like to tell the Chamber about Tony, my next-door neighbour. He not only takes my children to the bus, reduces the local rat population, uploads new photos on the village website, takes other families’ dogs for walks, and opens and checks the church daily, but he does all this by 8.30 every morning. We all know people like this and, quite frankly, we want to grow into such people. It is great that, as the Minister told us earlier, 30% of adults are doing some volunteering. I would like her to measure not just the money that is given, but the time that is spent by stalwarts of our communities, such as Tony, who do so much for us.

I could not let such an opportunity pass without mentioning Singing for Syrians, which I set up soon after my election in 2015. I heard on the radio that Syrian doctors were working unpaid, and I thought we would have a bit of a whip round. Everybody I asked said yes and tried to help. It is my dream charity. We encourage people to do the work for us and to do their own thing—inspired slightly, I must say, by the Macmillan annual coffee morning. Everybody can get involved in the singing, or in eating at the fabulous Syrian supper clubs. This year, our flagship will be on 10 December in St Margaret’s, and a marvellous cross-party choir of MPs will be taking part. Others do the work; we just receive and distribute the money, and there are events all over the country.

We need the money more than ever. The Hands Up Foundation, which we fund, is one of the very few charities still donating into northern Syria, as the big players have pulled out. Our prosthetic limb clinic was flooded two weeks ago—all the equipment is kept in the basement to protect it from aerial bombardment—and we are trying to raise £10,000 to re-home the limb clinic, which provides such essential services to those who have lost limbs in the war. We are still about £4,000 short of that target, so if anybody would like to give me a cheque afterwards, it would be gratefully received. I encourage everybody present in the Chamber, perhaps if there is a boring moment later, to google “Singing for Syrians” and watch our very short clip, “Sing like they can hear us!” If they have three minutes and want a good laugh, they can google, “Singing for Syrians Flashmob” in Marylebone station, which is fantastic.

I would like to thank everybody who volunteers for all our local and national charities. I especially want to thank those who volunteer in north Oxfordshire. I am particularly proud that we have national bases locally for the Child Brain Injury Trust and for Adoption UK. I am inspired by my hon. Friend the Member for Witney (Robert Courts), who has a “Volunteering Week”, during which it appears that he does a lot of gardening. I am going to do “Victoria Volunteers” from 23 September for a week, when I am looking forward to cooking for Banbury Young Homelessness Project, eating cake at Restore, making tea at the Royal Voluntary Service and reading to children with the indomitable women of ARCh—Assisted Reading for Children—which is just a fantastic organisation. If I am allowed to, I will also do some volunteer driving for the people who volunteer out of the citizens advice bureau, but they may not want me and I may not pass the check. It is fantastic what is done by people all around our country, and I cannot praise them highly enough. I thank the Minister for all she does.

Value Added Tax Bill

Victoria Prentis Excerpts
Friday 8th February 2019

(5 years, 2 months ago)

Commons Chamber
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James Cartlidge Portrait James Cartlidge
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That is an excellent point. What worries me is that if we make unfunded commitments that do not result in the so-called dynamic behaviour that has been predicted and the Treasury loses revenue, the people who pay will not be us in this Chamber or anyone outside, but people who have not yet been born. We will stick the balance on the national credit card and, ultimately, the national debt. That is what happens if we do not take control of public finances.

I also want to talk about the transition period and leaving without a deal. My hon. Friend the Member for Christchurch seemed to suggest that we would benefit from not having a transition, because we would be able to vary VAT. He will remember that in his speech in the recent no-confidence debate—he spoke eloquently, although it took me some time to work out whether he had confidence in the Government or not—he advocated a WTO-terms exit. I intervened on him to ask what he would do about the 40% tariff on sheep meat, and he said to me that that was “Project Fear”.

In fact, if we leave without a deal, we will have to have the default WTO schedule, because there is nothing else. That schedule includes some very onerous tariffs indeed, not least for our farmers and exporters. In a debate about the cost to consumers of VAT, it is quite something to advocate allowing certain household items that we take for granted—such as dry pasta and tinned tomatoes—to be tariffed at 15% or 20% in a few weeks’ time. This is most significant for our exporters. In my constituency, I have household name companies—by that, I mean that they are very well known in the constituency—that have written to me about no deal. The matter is critical for them; in one case, the default tariff exceeds the margin that the company makes. That is serious stuff, which we need to be prepared for.

Victoria Prentis Portrait Victoria Prentis (Banbury) (Con)
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My hon. Friend is making an important point about tariffs on agricultural products. Does he agree that it is very difficult for farmers, who are dealing with living animals, to plan their sales in the most helpful way? I meet a farmer regularly—indeed, whenever I drop my children off at the school bus—who tells me that he is selling sheep at the moment, much earlier than he would have liked, because he is worried about the effect of no deal.

James Cartlidge Portrait James Cartlidge
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That is a good point. I was simply trying to make the point that we are talking about the impact of VAT on the consumer, yet if the no-deal scenario that some Members wish for happens, consumers will face onerous costs. By the way, even if we decided that we wanted to cut tariffs unilaterally, we could not; we are not taking back control of France, Germany and the rest. We cannot cut tariffs on our exports, and we would have far less leverage in trade deals. That is an extremely serious prospect, and we need to think about it.

Finance (No. 3) Bill

Victoria Prentis Excerpts
3rd reading: House of Commons & Report stage: House of Commons
Tuesday 8th January 2019

(5 years, 3 months ago)

Commons Chamber
Read Full debate Finance Act 2019 View all Finance Act 2019 Debates Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: Consideration of Bill Amendments as at 8 January 2019 - (8 Jan 2019)
Simon Hoare Portrait Simon Hoare
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My hon. Friend is right, but I think people will look at it differently. I think that most people in this country come to an evaluation of an Administration, irrespective of which party happens to be in power, based on whether they and their family group feel more secure, more prosperous and more confident about their opportunities, and on whether they can see that the opportunities for the next generation of their family are going to be deeper and wider than those presented to them when they were making their first choices.

Victoria Prentis Portrait Victoria Prentis (Banbury) (Con)
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If I may say so, my hon. Friend is making the speech of his life. In a finance debate, it is particularly good to hear a speech about burning injustices, and I agree with him that this is the right place to be having this debate. In turn, does he agree with me that employment is at the base of dealing with all those injustices?

Simon Hoare Portrait Simon Hoare
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My hon. Friend is right. I think that the hon. Member for Crewe and Nantwich (Laura Smith) slightly misheard my hon. Friend the Member for St Albans (Mrs Main). My hon. Friend the Member for St Albans said precisely what the hon. Member for Crewe and Nantwich said, which was that although the hon. Member for Crewe and Nantwich was in a tight or low-income household, it was a house of work.

Inclusive Transport Strategy

Victoria Prentis Excerpts
Thursday 25th October 2018

(5 years, 5 months ago)

Commons Chamber
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Nusrat Ghani Portrait Ms Ghani
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This is a very important issue on which I gave evidence to the Committee just a few weeks ago. People’s interpretations of shared spaces are varied. There is no agreement, even within the community that lobbies for people with visual health problems, on what the minimum size of a pavement should be. That is why we will undertake a consultation with Transport Scotland to get some data on what works and what definitely does not work so that we can update our guidance by the end of next year.

Victoria Prentis Portrait Victoria Prentis (Banbury) (Con)
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We, too, have a problem with shared spaces, particularly outside a local primary school. Will the Minister ensure that the needs not only of people with disabilities but of smaller and older people in our communities are included in the consultation so that all voices can be heard? Many of us are very worried about these shared-space ideas.

Nusrat Ghani Portrait Ms Ghani
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That is an incredibly valuable point. When talking about shared spaces, we may think about those who are using wheelchairs or those with visual health problems, but not about mums or parents with buggies, let alone older people. That is why the interpretation of shared spaces is so varied. There is some valid concern that when shared spaces are imposed in their totality, when there is absolutely no infrastructure in place, the situation can become incredibly complicated. We all have anecdotal evidence of where it is or is not working, but we absolutely need to collect the data so that we can ensure that the guidance is the best that it can be.

As I mentioned, we will work with Transport Scotland to take on board all the feedback. We are working with our stakeholder groups to make sure that we have a much more informed decision on shared spaces, particularly with regard to controlled crossings and kerbs, and dealing with people with a variety of disabilities. It is only right that towns should be designed in a way that works for all, and the Government are determined to work with local authorities to ensure that this happens.

I have written a letter jointly with my hon. Friend the Minister for Housing to clarify the approach that should be taken to shared-space schemes. The letter makes it clear that the pause applies to schemes with relatively large amounts of pedestrian and vehicular movement such as high streets and town centres, but does not apply to streets within new residential areas or the redesign of existing residential streets with very low levels of traffic. Whether to improve individual schemes is a matter for local authorities, which need to ensure that they are compliant with their duties under the Equality Act 2010, but we hope that common sense will prevail before the updated guidance is issued.

The strategy includes a commitment that the Department will provide £2 million of funding to enable more Changing Places toilet facilities to be installed at our motorway service areas. Having access to these facilities can be genuinely life-changing for some families and allow them to make journeys that would otherwise have been impossible. We will shortly announce further details on how we intend to allocate this funding, and we will be working in partnership with Muscular Dystrophy UK. This should allow the majority of motorway service stations across the country to have Changing Places toilets by the early 2020s, compared with fewer than a fifth today.

The Department announced shortly after the publication of the strategy that it would extend the eligibility criteria for the blue badge scheme. The new criteria will extend eligibility to people who cannot undertake a journey without a risk of serious harm to their health or safety, or that of any other person such as young children with autism who cannot undertake a journey without it causing them very considerable psychological distress, or who have very considerable difficulty when walking. This is another step forward in ensuring that people with less visible disabilities get the support that they need to live independently. It was widely welcomed, including by the National Autistic Society, which said that it was

“thrilled that the Department had listened to the concerns of autistic people and their families”

and that the announcement would

“make a massive difference to the lives of many of the 600,000 autistic people in England, and their families.”

The fifth and final theme in the strategy is the importance of making sure that our future transport systems work for everyone. Transport is changing, and the technologies and services we are using are also changing rapidly. Many of these changes will offer wonderful opportunities for disabled and older people. Autonomous vehicles, for example, could mean that those who would not otherwise be able to drive, including perhaps those with visual impairment, could do so for the first time.

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Victoria Prentis Portrait Victoria Prentis (Banbury) (Con)
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It is always a pleasure to follow the hon. Member for York Central (Rachael Maskell), but I have to say that I was surprised by the tone of some of her speech. I have never previously viewed inclusive transport as an overtly party political matter; lavatories and lifts matter to us all. This goes deeper than just lavatories and lifts, but they are important. As far as I am concerned, the inclusive transport strategy is something to be celebrated across the House.

I heard what the Minister said in her generous remarks about the great man, my hon. Friend the Member for Blackpool North and Cleveleys (Paul Maynard). I should say that the codename for this report in my office is the Maynard report. I do not in any sense mean to denigrate the great work that I have no doubt the Minister will do in taking this forward. As she said, on this issue, she will be a fast driver for change. However, I think we should all pay tribute to my hon. Friend the Member for Blackpool North and Cleveleys, who has a personal interest and passion in this area, which he has had and has evidenced throughout his career. I know that he feels particularly strongly about the accessibility of our transport system. In fact, he feels equally strongly about accessibility and transport. In the early years of this strategy, he was able to marry his two passions together, and the report is a testament to some very hard work both in the Department and in the ministerial team.

For those with disabilities, not being able to access work, visit family and friends, or pop to the shops is isolating and can only make disabled people feel more lonely. The inclusive transport strategy shows that the Government are taking accessibility very seriously. I was particularly interested in the section on those with less visible disabilities, which are easy to ignore—I am sure that we all do that—on a daily basis. From railways to roads and from air to maritime travel, I have no doubt that the strategy will help to ensure that all forms of transport are made considerably more accessible to disabled people.

In Banbury, we have been talking a lot about our transport network as part of our bid to become an age-friendly town. A community-led initiative recently ran a survey of older people in the town, and transport came top of their list of priorities. We know that we have an ageing population across the nation, and that many people are living longer with more complex needs. Ensuring that they are able to access public transport is an important part of their independence. We have made really good progress: 98% of buses in England now comply with the Public Service Vehicles Accessibility Regulations 2000, which is up from 28% in 2004. Audible and visual announcements are now commonplace, and the new £2 million fund available to provide further support to the roll-out of these announcements across the UK’s bus network is welcome.

Many of my constituents have also benefited from community transport initiatives. Two years ago, residents in Wendlebury were pleased to receive funding from the Department for Transport’s community minibus transport fund. The minibus is available for hire by all villagers and it provides a vital lifeline to those who find it difficult to get around. The volunteer community connect transport scheme is run by my constituent, Keith Davies, through the Banbury citizens advice bureau. He and his fellow drivers work with the Royal Voluntary Service to help the elderly disabled to get to a GP or hospital appointment, pop to the supermarket and meet friends or visit family in town. Its work is really valued by our community, and it is right that it should be celebrated.

Local councillors have also been working extremely hard to reinstate community bus schemes that had gone out of service. In Banbury, I particularly want to celebrate Councillor Kieron Mallon, who has helped to reinstate the B1 Easington route via Kidlington Assisted Transport. Three other bus routes have been piloted—the B7a and 7b in Grimsbury and Poets Corner and the B8 in Hardwick—and I am hopeful that they will become regular routes. We know that outside the inclusive transport strategy the Department is currently looking at the use of section 19 and 22 permits by some community transport operators. It is important that any action taken is proportionate and does not put any of these schemes at risk. We must continue to be proud of the support and help that the Government have given to community transport services.

I am sure that, like me, many colleagues here this afternoon will have received lots of emails from constituents about pavement parking. Guide Dogs has run an effective campaign. We know that cars parked on pavements and other street obstructions can be problematic for people in wheelchairs, the partially sighted, guide dog owners and indeed people with buggies, whom the Minister mentioned earlier. It is welcome news that the strategy recognises these issues and that the Department will carry out a wider review of pavement parking laws.

Extending the blue badge scheme will also make a genuine difference to those with hidden disabilities. The scheme has worked well, but I have long campaigned for temporary blue badges for those who have had an operation or broken a leg, for example. I have talked to the Minister about that before, and no doubt I will again. This great scheme could be more flexible, but in general it is to be celebrated.

I also welcome the strategy’s commitment to fund Changing Places lavatories at motorway service stations in England. In Banbury, we know how important these facilities are, even though we do not yet have one. Cherwell District Council has been exploring potential sites for a Changing Places facility over the last few months, and I really hope that we will be able to build one soon and that disabled people will not have to hang on much longer. Ensuring that adults with acute learning and physical disabilities have fully accessible toilets is really important. The £2 million fund to install facilities in motorway service stations will help to ensure that disabled people and their families can travel more comfortably and without worry.

There are many aspects of the strategy that I have not been able to touch on today but which are also extremely welcome to my constituents. I congratulate the Department on taking decisive action to open up our transport network so that it is accessible for all. Everyone deserves the right to travel confidently, easily and without extra cost and worry.

Oral Answers to Questions

Victoria Prentis Excerpts
Tuesday 22nd May 2018

(5 years, 11 months ago)

Commons Chamber
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Mel Stride Portrait Mel Stride
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Some 69,000 individuals have already benefited from this vital tax relief and over 1 million will do so over the coming five years. We do not have disaggregated data specifically for Essex, but I can tell my hon. Friend that within the south-east 12,900 individuals have benefited from first-time buyer tax relief.

Victoria Prentis Portrait Victoria Prentis (Banbury) (Con)
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17. My constituency tops the leader board for house building, building at the moment over three a day. Can the Minister give an assessment of how much my first-time buyers are saving because of the Government’s policies?

Mel Stride Portrait Mel Stride
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As I outlined to my hon. Friend the Member for South Basildon and East Thurrock (Stephen Metcalfe) who asked the preceding question, in the south-east 12,900 first-time buyers have benefited from this relief, of whom 9,000 purchased a property of a value of between £300,000 and £500,000 in total.

Oral Answers to Questions

Victoria Prentis Excerpts
Tuesday 19th April 2016

(8 years ago)

Commons Chamber
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David Gauke Portrait Mr Gauke
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The numbers are based on the ONS projection that was used at the last Budget. No account is taken of the achievements of the renegotiation secured by the Prime Minister. On the Treasury analysis, a large number of independent economic commentators have argued that it is broadly in the right direction. My hon. Friends who advocate that we should leave the EU should come forward with their own analysis, setting out exactly what model they would follow and what the economic consequences would be.

Victoria Prentis Portrait Victoria Prentis (Banbury) (Con)
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2. What steps he is taking to help first-time homebuyers.

George Osborne Portrait The First Secretary of State and Chancellor of the Exchequer (Mr George Osborne)
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We are both building more houses and helping young families afford those homes. Some 400,000 new homes are being built over the years of this Parliament, half of them starter homes for first-time buyers. In the Budget I also launched the new lifetime ISA, so that young people no longer have to choose between saving for a home and saving for their retirement—we are going to help them do both. All this from a Conservative Government who support people’s aspirations to buy their own home and, in time, pass that on to their children.

Victoria Prentis Portrait Victoria Prentis
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Following the promise of an extra £19 million from the Treasury to help make Bicester garden town a reality, will the Chancellor update the House on the other means he is using to encourage house building, particularly for first-time buyers?

George Osborne Portrait Mr Osborne
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I am delighted that we can support the community that my hon. Friend so ably represents in Parliament, and provide money for the upgrade of the M40 junction and a new secondary school to go with the new homes being built in Bicester. Of course that comes as part of a suite: we are investing in new starter homes and in shared equity products for people; our help to buy ISA has been used by hundreds of thousands of people; and the new lifetime ISA will also help young people. Those are all things we are doing to make sure this a home-owning democracy.

Oral Answers to Questions

Victoria Prentis Excerpts
Tuesday 21st July 2015

(8 years, 9 months ago)

Commons Chamber
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David Gauke Portrait Mr Gauke
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We achieved a huge amount in the previous Parliament on tax loopholes. In the Budget, the Chancellor set out plans for additional resources for Her Majesty’s Revenue and Customs to raise even more in dealing with tax avoidance and tax evasion. The particular example that the hon. Gentleman mentions relates to the long-standing treatment of the capital gains tax applying to private equity—something that has existed for many years and applied in most other countries. The Budget contained a number of measures that were designed to close loopholes for the private equity and hedge fund industries.

Victoria Prentis Portrait Victoria Prentis (Banbury) (Con)
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12. What assessment he has made of recent trends in the level of employment.

Damian Hinds Portrait The Exchequer Secretary to the Treasury (Damian Hinds)
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Employment stands at 31 million having increased by 265,000 over the past year, driven entirely by more people being in full-time work. We are now moving into the next phase of our recovery, with high-quality employment helping to boost productivity and raise living standards across the country.

Victoria Prentis Portrait Victoria Prentis
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The security of a good job and a regular pay packet are of fundamental importance to people in my constituency. Can my hon. Friend assure us that he will keep backing business across the country to create more jobs?

Damian Hinds Portrait Damian Hinds
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I can. The Government’s long-term economic plan is working. Since 2010, we have seen the creation of 1,000 new jobs a day, but the job is not yet done. The Government will continue working through the plan to secure Britain’s economic future.