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Motion, That this House authorises the Secretary of State to make payments, by way of financial assistance under section 8 of the Industrial Development Act 1982, in excess of £30 million to any successful applicant to the Life Sciences Large Investment Portfolio, launched on 15 November 2025, up to a cumulative total of £570 million. Motion considered and agreed to.
Motion, That this House authorises the Secretary of State to make payments, by way of financial assistance under section 8 of the Industrial Development Act 1982, in excess of £30 million to any successful applicant to the Life Sciences Large Investment Portfolio, launched on 15 November 2025, up to a...
Just this week, the hon. Member for Clacton (Nigel Farage) put a singular burning injustice first: the plight of overseas billionaires who pay too much tax. Does the Deputy Prime Minister agree with the hon. Member’s priority, or does she agree with me that Reform UK doing sweetheart deals with the super-rich is a betrayal of British working people?
Just this week, the hon. Member for Clacton (Nigel Farage) put a singular burning injustice first: the plight of overseas billionaires who pay too much tax. Does the Deputy Prime Minister agree with the hon. Member’s priority, or does she agree with me that Reform UK doing sweetheart deals with the super-rich is a betrayal of British working people?
I was asked about the hon. Member for Clacton’s mathematics the other week, and my hon. Friend is absolutely right—the mask has slipped again this week. The hon. Member for Clacton demands billions more in unfunded tax cuts for the very richest while he marches through the Lobby in the House of Commons to vote against sick pay for the lowest earners. We know what would pay for Reform’s tax breaks for overseas billionaires; it would be tax hikes on working people and patients being charged to seeing their doctor. Labour will not let that happen.