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Finance (No. 2) Bill 2016-17

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Finance (No. 2) Bill 2016-17 (163)

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Type
Public acts
Date
27 April 2017
Reference
CHAP 10 2017; 2017 c. 10

Lords second reading. Agreed to on question. The Committee was negatived. Then, Standing Order 46 having been suspended, the bill was read a third time and passed.

Lead member
Baroness Neville-Rolfe
Answering member
Lord Davies of Oldham
Department
Treasury
Type
Debates on bills
Date
26 April 2017
Reference
782 cc1422-1432
House
House of Lords

My Lords, I thank noble Lords for their valuable contributions to this select debate. In his wide-ranging speech, the noble Lord, Lord Haskel, mentioned the importance of social measures and, as usual, made a number of interesting suggestions, including the point he often rightly makes about the importance of digital....

Member
Baroness Neville-Rolfe (Conservative)
Type
Proceeding contributions
Date
26 April 2017
Reference
782 cc1430-2
House
House of Lords

My Lords, I rise briefly in the gap to congratulate the Minister on her magisterial exegesis of what is still 148 pages and a dozen schedules. However, her reference to the plan to proceed—in due course after the election if returned—with the proposals for making tax digital slightly worries me.

I...

Member
Lord Kerr of Kinlochard (Crossbench)
Type
Proceeding contributions
Date
26 April 2017
Reference
782 cc1426-7
House
House of Lords

My Lords, this Government have long demonstrated that we can deliver a stronger, more secure economy. The economy continues to grow robustly, employment is at a record high and the deficit has been brought down by almost two-thirds. Following discussions, the Bill before us is shorter than on its introduction...

Member
Baroness Neville-Rolfe (Conservative)
Type
Proceeding contributions
Date
26 April 2017
Reference
782 cc1422-4
House
House of Lords

My Lords, I cannot remember speaking in such a select debate. It may be that other noble Lords were deterred by the 762 pages of the original Finance Bill, which I think made it probably the largest Bill ever. Fortunately it was cut down yesterday and it is hard to...

Member
Lord Haskel (Labour)
Type
Proceeding contributions
Date
26 April 2017
Reference
782 cc1424-6
House
House of Lords

My Lords, I, too, thank the Minister for describing so fully the remaining sections of the Finance Bill to be considered today. We all recognise the constraint in terms of the general election’s imminence. She will anticipate that, as what is before us is an agreed position in the famous...

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
26 April 2017
Reference
782 cc1427-1430
House
House of Lords

Second reading. Amendment motion to decline second reading proposed. Negatived on division (54 to 314). Original motion agreed to on division (313 to 236).

Lead member
Jane Ellison
Answering member
Jonathan Reynolds; Peter Dowd
Department
Treasury
Type
Debates on bills
Date
18 April 2017
Reference
624 cc569-637
House
House of Commons

I beg to move, That the Bill be now read a Second time.

This Government have long demonstrated that they can deliver a stronger, more secure economy. The economy is demonstrating robust growth, the employment rate is at a record high and the deficit has been brought down by almost two...

Member
Jane Ellison (Conservative)
Type
Proceeding contributions
Date
18 April 2017
Reference
624 c570
House
House of Commons

Will the Financial Secretary give way?

Member
Jonathan Edwards (Plaid Cymru)
Type
Proceeding contributions
Date
18 April 2017
Reference
624 c570
House
House of Commons

I will make a little more progress and then I will happily give way.

Before setting out the Bill’s contents in more detail, I should of course refer to the fact that the Prime Minister has today announced her intention to lay before this House a motion calling for an early...

Member
Jane Ellison (Conservative)
Type
Proceeding contributions
Date
18 April 2017
Reference
624 c570
House
House of Commons

When?

Member
Peter Dowd (Labour)
Type
Proceeding contributions
Date
18 April 2017
Reference
624 c570
House
House of Commons

Members should be paying more attention. Earlier today the Leader of the House updated right hon. and hon. Members on how that motion, if it is passed, will impact on the business of the House. We hope to hold constructive discussions with the Opposition, through the usual channels, on how...

Member
Jane Ellison (Conservative)
Type
Proceeding contributions
Date
18 April 2017
Reference
624 c570
House
House of Commons

We are always here to help.

Member
Jonathan Reynolds (Labour; Co-operative Party)
Type
Proceeding contributions
Date
18 April 2017
Reference
624 c570
House
House of Commons

It is good to hear that Opposition Front Benchers are here to help.

To return to the matter under discussion, I will lay out the themes of the Bill and then I will allow the hon. Member for Carmarthen East and Dinefwr (Jonathan Edwards) to intervene. We are very clear that...

Member
Jane Ellison (Conservative)
Type
Proceeding contributions
Date
18 April 2017
Reference
624 cc570-1
House
House of Commons

Will the Financial Secretary confirm that the Office for Budget Responsibility report that accompanied the most recent Budget downgrades growth forecasts for each year in the forecasting period, by comparison with that which accompanied last year’s Budget?

Member
Jonathan Edwards (Plaid Cymru)
Type
Proceeding contributions
Date
18 April 2017
Reference
624 c571
House
House of Commons

I do not know whether the hon. Gentleman was in the House earlier, but the International Monetary Fund has today upgraded its growth forecast. All the economic indicators are pointing to robust growth, despite the acknowledged challenges of the negotiating period ahead.

Member
Jane Ellison (Conservative)
Type
Proceeding contributions
Date
18 April 2017
Reference
624 c571
House
House of Commons

In the interests of this potentially more consensual period in the run-up to Prorogation, as we try to work out what will remain in the Bill, could the Financial Secretary tell the House where the £2 billion per annum to replace the non-raising of the national insurance contribution is going...

Member
George Kerevan (Scottish National Party)
Type
Proceeding contributions
Date
18 April 2017
Reference
624 c571
House
House of Commons

The Chancellor was clear at the time and in our statements about the Budget and subsequent decisions that we are looking to balance the budget across the period. Clearly, if we are going into a general election campaign, we will have more to say about that in the manifesto. We...

Member
Jane Ellison (Conservative)
Type
Proceeding contributions
Date
18 April 2017
Reference
624 c571
House
House of Commons

This is the Finance Bill!

Member
George Kerevan (Scottish National Party)
Type
Proceeding contributions
Date
18 April 2017
Reference
624 c571
House
House of Commons