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On a point of order, Mr Deputy Speaker. I am a big believer in honesty, and that I should correct my mistakes should I make one. In yesterday’s Budget debate I said that 222,000 families are affected by the two-child limit. I failed to read my own handwriting properly—the House...
On a point of order, Mr Deputy Speaker. I am a big believer in honesty, and that I should correct my mistakes should I make one. In yesterday’s Budget debate I said that 222,000 families are affected by the two-child limit. I failed to read my own handwriting properly—the House...
Budget debate (second day). Motion that income tax is charged for the tax year 2024-25. Debate adjourned, to be resumed on 11 March.
Budget debate (second day). Motion that income tax is charged for the tax year 2024-25. Debate adjourned, to be resumed on 11 March.
indicated assent.
indicated assent.
Report stage. New clause 5 discussed with other new clauses and amendments. New clause 5 agreed to. New clause 6 negatived on division (185 to 285). New clause 7 negatived on division (182 to 289). Schedule 1 amendments 1 to 3 made. Schedule 6 amendments 4 to 6 made. Third reading. Agreed to on division (283 to 39). Bill passed. Speaker's statement on the health of His Majesty the King.
Report stage. New clause 5 discussed with other new clauses and amendments. New clause 5 agreed to. New clause 6 negatived on division (185 to 285). New clause 7 negatived on division (182 to 289). Schedule 1 amendments 1 to 3 made. Schedule 6 amendments 4 to 6 made. Third...
I beg to move, That the clause be read a Second time.
I beg to move, That the clause be read a Second time.
The Government’s aim is to grow the economy for the good of everyone, and our tax system is a key part of that. For households, higher taxes mean less financial freedom and less choice in how they spend their money. For businesses, they can mean less growth and investment, and...
The Government’s aim is to grow the economy for the good of everyone, and our tax system is a key part of that. For households, higher taxes mean less financial freedom and less choice in how they spend their money. For businesses, they can mean less growth and investment, and...
In speaking to new clause 6, which relates to permanent full expensing, I remind the House of the context in which this Finance Bill was published. It followed the Chancellor’s statement on 22 November last year, in which he claimed that he was delivering an “autumn statement for growth”. Members...
In speaking to new clause 6, which relates to permanent full expensing, I remind the House of the context in which this Finance Bill was published. It followed the Chancellor’s statement on 22 November last year, in which he claimed that he was delivering an “autumn statement for growth”. Members...
I was interested in what the shadow Minister was saying about what would happen if other countries changed their corporation tax. As he will know, Mr Trump, the former President, has said that he would cut US corporation tax, potentially from 21% to 15%. Given such examples, does the hon....
I was interested in what the shadow Minister was saying about what would happen if other countries changed their corporation tax. As he will know, Mr Trump, the former President, has said that he would cut US corporation tax, potentially from 21% to 15%. Given such examples, does the hon....
I thank the hon. Gentleman for his intervention. As we have made clear, we would take action if tax changes in other advanced economies threatened to undermine UK competitiveness, but the headline commitment from us is to cap corporation tax at 25% for the duration of the next Parliament. I...
I thank the hon. Gentleman for his intervention. As we have made clear, we would take action if tax changes in other advanced economies threatened to undermine UK competitiveness, but the headline commitment from us is to cap corporation tax at 25% for the duration of the next Parliament. I...
I have declared my business interests in the Register of Members’ Financial Interests.
I rise to support the Government’s new clause 5. I think it is good that they are considering what more they can do to promote investment in the United Kingdom’s generating capacity. We import far too much power...
I have declared my business interests in the Register of Members’ Financial Interests.
I rise to support the Government’s new clause 5. I think it is good that they are considering what more they can do to promote investment in the United Kingdom’s generating capacity. We import far too much power...
Can my right hon. Friend tell me if I have got this right? In the commentary ahead of the Budget, we talk about wiggle room and the Office for Budget Responsibility forecast and about £5 billion or £10 billion here and there, but I think I heard him say that...
Can my right hon. Friend tell me if I have got this right? In the commentary ahead of the Budget, we talk about wiggle room and the Office for Budget Responsibility forecast and about £5 billion or £10 billion here and there, but I think I heard him say that...
That is an interesting point of debate, but my understanding of the constitutional position is that it is not as bad as my hon. Friend is suggesting because all the bonds were acquired with the express permission of the then Chancellor of the Exchequer. The Bank of England’s website says...
That is an interesting point of debate, but my understanding of the constitutional position is that it is not as bad as my hon. Friend is suggesting because all the bonds were acquired with the express permission of the then Chancellor of the Exchequer. The Bank of England’s website says...
I am sure that the people suffering through the rampant cost of living crisis across the nations of the UK hoped that if the Government tabled a new clause today, it would address their struggles in paying their rent, their ever-increasing mortgages, their higher food bills, thanks to Brexit, and...
I am sure that the people suffering through the rampant cost of living crisis across the nations of the UK hoped that if the Government tabled a new clause today, it would address their struggles in paying their rent, their ever-increasing mortgages, their higher food bills, thanks to Brexit, and...
Thank you, Mr Speaker. Obviously, it is entirely appropriate to have paused for that statement. I was unaware of the news brought to the Chamber, but it is clearly significant. Our thoughts are with the royal family at this time.
As I was saying, we need consistent policies to help the...
Thank you, Mr Speaker. Obviously, it is entirely appropriate to have paused for that statement. I was unaware of the news brought to the Chamber, but it is clearly significant. Our thoughts are with the royal family at this time.
As I was saying, we need consistent policies to help the...
The hon. Gentleman is making a very good point that rings true in my constituency, too. Of course, the problem is made more difficult still because of the other costs faced by people living in our constituencies, such as delivery charges and the cost of other services. Even a tube...
The hon. Gentleman is making a very good point that rings true in my constituency, too. Of course, the problem is made more difficult still because of the other costs faced by people living in our constituencies, such as delivery charges and the cost of other services. Even a tube...
The hon. Gentleman is absolutely right, and I welcome his support for the campaign I am trying to start in order to get justice for people across the highlands and islands. He mentions other costs; of course, rural properties are often larger and less insulated. That does not mean that...
The hon. Gentleman is absolutely right, and I welcome his support for the campaign I am trying to start in order to get justice for people across the highlands and islands. He mentions other costs; of course, rural properties are often larger and less insulated. That does not mean that...
I associate myself with your remarks, Mr Deputy Speaker, and those of the Speaker, and I wish His Majesty a speedy recovery.
It is interesting to take part in such a debate. It is disappointing to hear Labour describe itself as the pro-business party, given that it is asking businesses to...
I associate myself with your remarks, Mr Deputy Speaker, and those of the Speaker, and I wish His Majesty a speedy recovery.
It is interesting to take part in such a debate. It is disappointing to hear Labour describe itself as the pro-business party, given that it is asking businesses to...
On behalf of myself and my Liberal Democrat colleagues, I express our sympathies to the King and his family, and our hope that his treatment will prove to be successful.
I will speak to amendments 1, 2 and 3, in addition to new clause 5. To reiterate, the Liberal Democrats are...
On behalf of myself and my Liberal Democrat colleagues, I express our sympathies to the King and his family, and our hope that his treatment will prove to be successful.
I will speak to amendments 1, 2 and 3, in addition to new clause 5. To reiterate, the Liberal Democrats are...
I concur with the comments made by others about King Charles, on my behalf and that of the Democratic Unionist party and his loyal subjects in the United Kingdom of Great Britain and Northern Ireland—especially Northern Ireland. I pray, as I know you do, Mr Deputy Speaker, as well as...
I concur with the comments made by others about King Charles, on my behalf and that of the Democratic Unionist party and his loyal subjects in the United Kingdom of Great Britain and Northern Ireland—especially Northern Ireland. I pray, as I know you do, Mr Deputy Speaker, as well as...
I knew when I saw you looking at me, Mr Deputy Speaker, that you were going to tell me to get back on to the subject. I was about to do so. I thank you for that very kind reminder. You spoke to me in a very nice way, which...
I knew when I saw you looking at me, Mr Deputy Speaker, that you were going to tell me to get back on to the subject. I was about to do so. I thank you for that very kind reminder. You spoke to me in a very nice way, which...