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Debate on bill on Monday, 4 July 2011, in the House of Commons.

Finance (No. 3) Bill

Finance (No. 3) Bill. Report stage second day. New clause 11 (High cost credit lending), debated and negatived on division (228 votes to 273). New clause 12 (Report on capital allowances), discussed with new clause 14 (Group filing for corporation tax), debated and withdrawn. New clause 13 (Windfall tax on nuclear power operators), New clause 15 (Value Added Tax (Reduced Rate) Ordr 2011, and new clause 16 (Temporary reduction to VAT rate), not called. Bill to be further considered tomorrow.

Secondary information

Type
Parliamentary proceeding
Reference
530 c1252-341 
Session
2010-12
Department
Treasury
Legislative stage
Report stage
Procedure
New clauses
Chamber / Committee
House of Commons chamber
Related items
Proceeding contributions
Pat Glass | 530 c1261 (Link to this contribution) Does my hon. Friend agree that the evidence suggests that this country is now becoming a haven for s...
Stella Creasy | 530 c1260-1 (Link to this contribution) The evidence on which that presumption —that myth—is based is very uncertain. I would argue that the...
Show all contributions (214)
Baroness Burt of Solihull | 530 c1262 (Link to this contribution) Is it a matter of regret to the hon. Lady that the previous Labour Government presided over the grea...
Stella Creasy | 530 c1261-2 (Link to this contribution) My hon. Friend is exactly right. It is not just evidence; the companies have specifically said that ...
Richard Fuller | 530 c1262-3 (Link to this contribution) The hon. Lady says that the payday lending market was £1.2 billion in 2009. According to the Office ...
Stella Creasy | 530 c1262 (Link to this contribution) I am interested in the hon. Lady's impression that consumer credit is a bad thing, because I do not ...
Richard Fuller | 530 c1263 (Link to this contribution) I just wish to point out to the hon. Lady that I think there is a lot of consensus, which I hope she...
Stella Creasy | 530 c1263 (Link to this contribution) I am happy to share the figures with the hon. Gentleman, although I am afraid to say that his interp...
Stella Creasy | 530 c1258 (Link to this contribution) I support the hon. Gentleman. Does he agree even when people know the rates, they have little choice...
Neil Parish | 530 c1258 (Link to this contribution) I share that view entirely. At the start of my speech, I spoke about a financial health warning on a...
David Rutley | 530 c1258 (Link to this contribution) My hon. Friend makes a powerful point. The challenge is that people always say that we have to do so...
Stella Creasy | 530 c1259 (Link to this contribution) I have come here today to speak in favour of the new clause, and to vote for it, too, which I believ...
Neil Parish | 530 c1259 (Link to this contribution) The hon. Gentleman refers to payday loans, which also incur huge amounts of interest. I am not agai...
Jim Cunningham | 530 c1259 (Link to this contribution) People also borrow against their wages, which puts them on a financial treadmill that is hard to get...
Neil Parish | 530 c1258-9 (Link to this contribution) The hon. Lady is right that parts of the population cannot borrow elsewhere, which is a problem. Tha...
Neil Carmichael | 530 c1260 (Link to this contribution) I am concerned that the action that the hon. Lady recommends might well drive people into the worse ...
Andrew Percy | 530 c1259 (Link to this contribution) I am a huge supporter of what the hon. Lady is trying to do. I agree that there is concern about how...
Stella Creasy | 530 c1260 (Link to this contribution) I very much hope that there will be cross-party agreement, but, as I will explain, I fear that that ...
Baroness Burt of Solihull | 530 c1256 (Link to this contribution) I entirely agree. I had a meeting with Wonga the other week. The company advocates a maximum of thre...
Chris Leslie | 530 c1254-6 (Link to this contribution) My hon. Friend makes an important point. In addition, it does not necessarily address the face-to-fa...
Neil Parish | 530 c1257 (Link to this contribution) I rise not to support the new clause but to say to Ministers that I would like to hear exactly what ...
Yvonne Fovargue | 530 c1254 (Link to this contribution) Does my hon. Friend agree that the Money Advice Service now constitutes an online source of advice f...
Chris Leslie | 530 c1254 (Link to this contribution) I did indeed know of the hon. Gentleman's announcement of some time ago—not quite a full year yet. W...
Jim Cunningham | 530 c1257 (Link to this contribution) Does the hon. Gentleman agree that one aspect that should be looked at is television advertising?
Neil Parish | 530 c1257-8 (Link to this contribution) The hon. Gentleman is right that the advertising and promotion of these products is a great concern....
Baroness Burt of Solihull | 530 c1258 (Link to this contribution) My hon. Friend is talking, almost interchangeably, about loan sharks and high-cost credit lenders re...
Neil Parish | 530 c1258 (Link to this contribution) I agree with the hon. Lady to some degree, but I say to her bluntly that charging 4,500% interest, w...
Chris Leslie | 530 c1253 (Link to this contribution) My right hon. Friend, who has an excellent track record in raising many of these issues, is complete...
Chris Leslie | 530 c1252 (Link to this contribution) I beg to move, That the clause be read a Second time. We do not often find the issue of high-cost c...
Mark Hoban | 530 c1254 (Link to this contribution) There is no need for clarification: if the hon. Gentleman had done his research properly, he would k...
Baroness Burt of Solihull | 530 c1253 (Link to this contribution) Government Members share Opposition Members' concerns about this issue, and we want to do the best t...
Chris Leslie | 530 c1253-4 (Link to this contribution) The hon. Lady makes an interesting point, because it is important that we engage with the Government...
Richard Fuller | 530 c1253 (Link to this contribution) The hon. Gentleman mentioned the fourfold increase in payday loans. Would he acknowledge that a subs...
Chris Leslie | 530 c1253 (Link to this contribution) Yes, payday lending is indeed a facet of the broader problem. I am not sure about the trends and how...
Stella Creasy | 530 c1267 (Link to this contribution) The hon. Gentleman is being a little unfair to accuse me of not putting out a positive message about...
Sheila Gilmore | 530 c1271 (Link to this contribution) The new clause asks for a review and a report. It does not suggest that the proposed measures should...
Andrew Percy | 530 c1271 (Link to this contribution) Surely any tax review is likely to come up with a suggestion for raising taxes. It is unlikely to pr...
Tracey Crouch | 530 c1271 (Link to this contribution) My hon. Friend makes a good point. Whether or not the tax goes up following a review—and the hon. Me...
Stella Creasy | 530 c1267-70 (Link to this contribution) There is a real concern about the lack of advocacy services and about people's inability to get help...
Tracey Crouch | 530 c1270-1 (Link to this contribution) Having listened to the lengthy speech made by the hon. Member for Walthamstow (Stella Creasy) in the...
Stella Creasy | 530 c1263-4 (Link to this contribution) I absolutely agree. I am quoting research by the consultancy practice, R3. It is conducting surveys ...
Stella Creasy | 530 c1267 (Link to this contribution) Briefly, as I am conscious of the time.
Lord Walney | 530 c1266 (Link to this contribution) I apologise for coming in late to the debate. My hon. Friend uses the same tube line as I do. Did sh...
Stella Creasy | 530 c1266-7 (Link to this contribution) I agree absolutely with my hon. Friend. There is no ceiling on this market, which means that company...
David Rutley | 530 c1265 (Link to this contribution) I have heard the hon. Lady speak with passion in this debate and others, and I respect the point bei...
Stella Creasy | 530 c1265-6 (Link to this contribution) I would be interested to hear the hon. Gentleman's advice to the nearly 500,000 Londoners who are ha...
Stephen Williams | 530 c1264 (Link to this contribution) The hon. Lady just made the hypothetical point that a 2% increase in interest rates would cause thos...
Stella Creasy | 530 c1264-5 (Link to this contribution) I hope that the hon. Gentleman is not being complacent about the cost of living, its impact on peopl...
Neil Carmichael | 530 c1267 (Link to this contribution) I thank the hon. Lady for giving way. I think that credit unions are really important. I have promot...
Damian Hinds | 530 c1288 (Link to this contribution) Is the hon. Lady aware of the modernisation fund of up to £73 million?
Sheila Gilmore | 530 c1288 (Link to this contribution) I might be wrong, but I understand that the fund is not a substitute for the money that was availabl...
Stephen Williams | 530 c1287 (Link to this contribution) I agree that sometimes it might be hard to find a credit union, although the one in my constituency ...
Sheila Gilmore | 530 c1287-8 (Link to this contribution) Indeed. On Saturday, I was at just such a festival in my constituency. It was a beautiful day—the fi...
Steve Rotheram | 530 c1289 (Link to this contribution) I thank the House for its indulgence. I was at a meeting of the Select Committee on Communities and ...
Oliver Heald | 530 c1289 (Link to this contribution) There is of course wide acceptance across the House that some regulation is needed in this area, but...
Stella Creasy | 530 c1288-9 (Link to this contribution) Does my hon. Friend agree that it is a cause of concern that the Wellcome Trust, which is supposed t...
Sheila Gilmore | 530 c1289 (Link to this contribution) I thank my hon. Friend for that helpful intervention. If we are to put the money where our mouth is,...
Steve Rotheram | 530 c1289-91 (Link to this contribution) I always listen to my hon. Friend the Member for Walthamstow, as she is much more of an expert on th...
Mark Hoban | 530 c1291-2 (Link to this contribution) I think that the debate has demonstrated the potential for cross-party support for the analysis unde...
Mark Durkan | 530 c1294-5 (Link to this contribution) The Financial Secretary suggests that taxation would inevitably be passed on to consumers, but Minis...
Mark Hoban | 530 c1294 (Link to this contribution) I listened carefully to that point, and the hon. Lady again demonstrated the problem that she is lon...
Mark Hoban | 530 c1292-3 (Link to this contribution) Let me just finish the recommendations, and then I will give way. The first recommendation was to p...
Stella Creasy | 530 c1293 (Link to this contribution) I wonder whether the Minister can deal with an anomaly that has driven the new clause. I received a ...
Mark Hoban | 530 c1293-4 (Link to this contribution) Her Majesty's Treasury and BIS have joint responsibility for this matter, which is why we issued a j...
Mark Hoban | 530 c1294 (Link to this contribution) This is an embarrassment of riches. I will go for the hon. Gentleman, who I think is in charge of th...
Chris Leslie | 530 c1294 (Link to this contribution) If taxes and levies are invariably passed on to the consumer, will the Minister elaborate on the ban...
Mark Hoban | 530 c1294 (Link to this contribution) There are a number of taxes that disincentivise certain activities. We could be here all day identif...
Stella Creasy | 530 c1294 (Link to this contribution) I am saddened that the Minister did not feel that any proposals were made in the debate. I thought I...
Andrew Percy | 530 c1281-3 (Link to this contribution) I was not sure when I came into the debate whether I was going to speak—[Interruption.] Well, I can ...
Baroness Chapman of Darlington | 530 c1283 (Link to this contribution) I have found myself wondering who the hon. Gentleman disagrees with in this debate.
Alison Seabeck | 530 c1280 (Link to this contribution) Does my hon. Friend accept that that income group—some of whom claim housing benefit and will be hit...
Jonathan Ashworth | 530 c1280 (Link to this contribution) I know that my hon. Friend has a good track record in raising such issues, particularly those to do ...
Baroness Burt of Solihull | 530 c1279-80 (Link to this contribution) I agree with the hon. Gentleman about illegal loan sharking, which is a scourge of this country. Doe...
Jonathan Ashworth | 530 c1280 (Link to this contribution) My hon. Friend the Member for Nottingham East (Chris Leslie) tells me that the Government have cut t...
Andrew Percy | 530 c1283-4 (Link to this contribution) Of course that is what we all want to see, but we await the response of the Minister. At one point, ...
Yvonne Fovargue | 530 c1284-5 (Link to this contribution) At any one time there are 5 million to 7 million people in this country who are unbanked or who do n...
Andrew Percy | 530 c1283 (Link to this contribution) I am feeling the love in the Chamber today, which is a good thing—there must have been something in ...
Stella Creasy | 530 c1283 (Link to this contribution) At the risk of increasing the love in the Chamber, does the hon. Gentleman agree that the new clause...
Yvonne Fovargue | 530 c1286 (Link to this contribution) Does the hon. Gentleman agree that many people do not realise that some credit unions offer loans to...
Damian Hinds | 530 c1285 (Link to this contribution) Does the hon. Lady agree that while the availability and accessibility of free debt advice are impor...
Yvonne Fovargue | 530 c1285 (Link to this contribution) I think that is an excellent suggestion, but there also have to be appointments available when peopl...
Oliver Heald | 530 c1285-6 (Link to this contribution) In the circumstances, I shall not trespass on the House's good will for too long. I want to start w...
Sheila Gilmore | 530 c1286-7 (Link to this contribution) Unfortunately, it seems that debates on this subject are beginning to follow a pattern: we all agree...
Andrew Percy | 530 c1287 (Link to this contribution) That is not quite what I said. I said that if we were to be political, we could bandy about the sugg...
Sheila Gilmore | 530 c1287 (Link to this contribution) I am afraid I do not share the hon. Gentleman's confidence that the review will indeed cover the iss...
Baroness Chapman of Darlington | 530 c1275 (Link to this contribution) I understand that the experience is different in Northern Ireland, and I shall give way to the hon. ...
Baroness Chapman of Darlington | 530 c1275 (Link to this contribution) Yes, Members on both sides of the House are, of course. The people behind the credit union movement ...
Baroness Chapman of Darlington | 530 c1276 (Link to this contribution) I am very grateful to my hon. Friend for that intervention, as he put it extremely well. I was aware...
Mark Durkan | 530 c1275 (Link to this contribution) The low membership of credit unions in Great Britain has been mentioned. Credit unions in Northern I...
Baroness Chapman of Darlington | 530 c1275 (Link to this contribution) The new clause does not only address taxation. The hon. Gentleman should read it thoroughly, as it t...
Damian Hinds | 530 c1274-5 (Link to this contribution) First, may I apologise for missing some of the earlier speeches? I have a great deal of sympathy wi...
Baroness Chapman of Darlington | 530 c1274 (Link to this contribution) All those steps are very welcome, but they do not go very far at all in addressing the fundamental i...
Neil Carmichael | 530 c1274 (Link to this contribution) The hon. Lady is expressing her case very well, and I sympathise with everything she is saying. Howe...
Justin Tomlinson | 530 c1278 (Link to this contribution) Absolutely, and that highlights my first point about using credit reference checks. These people sho...
Stella Creasy | 530 c1278 (Link to this contribution) Is the hon. Gentleman saying that it is not acceptable for banks to do what he just described? What ...
Justin Tomlinson | 530 c1278 (Link to this contribution) The hon. Lady may shake her head, but my interest lies in ensuring that people get the clearest info...
Jonathan Ashworth | 530 c1278-9 (Link to this contribution) May I commend my hon. Friend the Member for Walthamstow (Stella Creasy) for her tenacity in pursing ...
Stella Creasy | 530 c1276 (Link to this contribution) I wonder whether my hon. Friend would like to comment on the irony that credit unions have a cap on ...
Justin Tomlinson | 530 c1276 (Link to this contribution) I welcome the opportunity to debate this new clause. I have worked with the hon. Member for Walthams...
Justin Tomlinson | 530 c1276-8 (Link to this contribution) My hon. Friend makes a very important point, with which I absolutely agree. Help should be provided ...
Robert Buckland | 530 c1276 (Link to this contribution) Does my hon. Friend agree that there has been far too much of a rush to litigation by credit compani...
Speaker | 530 c1274 (Link to this contribution) Order. This is supposed to be an intervention, not a speech. I call Jenny Chapman.
Baroness Burt of Solihull | 530 c1273-4 (Link to this contribution) I must confess, somewhat ashamedly, that I have also seen Jeremy Kyle's show and the advertisements ...
Baroness Chapman of Darlington | 530 c1274 (Link to this contribution) I am unclear as to the point that was being made, but I recommend that the hon. Lady follows my hon....
Oliver Heald | 530 c1272 (Link to this contribution) Does my hon. Friend share my concern about the fact that it is often very convenient, and made very ...
Tracey Crouch | 530 c1272 (Link to this contribution) The total cost of credit involves more than just the high-cost lending industry, but the hon. Lady s...
Baroness Chapman of Darlington | 530 c1273 (Link to this contribution) I congratulate my hon. Friend the Member for Walthamstow (Stella Creasy) on initiating and devising ...
Tracey Crouch | 530 c1272-3 (Link to this contribution) I met the members of Kent savers credit union on Saturday, and look forward to meeting members of th...
Duncan Hames | 530 c1271 (Link to this contribution) The hon. Lady is right to refer to the need for regulation. What troubles her more, the profitabilit...
Stella Creasy | 530 c1272 (Link to this contribution) It is true that Citizens Advice opposes a cap on interest rates, but I think the hon. Lady will find...
Tracey Crouch | 530 c1272 (Link to this contribution) That is a good point. In fact, what troubles me most is the impact on consumers. As we have been tol...
Nigel Mills | 530 c1317 (Link to this contribution) I wish to clarify something. My aim in new clause 12 was not to do what the right hon. Gentleman fea...
Lord Hanson of Flint | 530 c1316-7 (Link to this contribution) I am grateful to the hon. Member for Amber Valley (Nigel Mills) for kicking off this wide-ranging di...
Robert Smith | 530 c1314-5 (Link to this contribution) I support amendment 51, tabled by my right hon. Friend the Member for Gordon (Malcolm Bruce). I remi...
Steve Baker | 530 c1314 (Link to this contribution) In that case, I am delighted that we are on opposite sides of the Chamber. It is strange that capit...
Robert Smith | 530 c1316 (Link to this contribution) The purpose of the amendment is to keep the spotlight on this issue by ensuring we get updates from ...
Stewart Hosie | 530 c1315 (Link to this contribution) I agree with everything that has been said by the hon. Gentleman, his party colleague, the right hon...
Nigel Mills | 530 c1305-7 (Link to this contribution) I can think of many things on which businesses lobby their MP, but the details of the tax system are...
Louise Mensch | 530 c1304 (Link to this contribution) My hon. Friend is making a powerful speech, and I share his interest in this subject because, like h...
Nigel Mills | 530 c1303-4 (Link to this contribution) The aim of new clauses 12 and 14 is to encourage the Government to move a little faster in simplifyi...
Speaker | 530 c1301-3 (Link to this contribution) With this it will be convenient to discuss the following:
John McDonnell | 530 c1311-2 (Link to this contribution) My amendments would go some way to ensuring that the information is published, enabling the Governme...
Barry Sheerman | 530 c1311 (Link to this contribution) Will my hon. Friend's amendments help with the sort of situation we faced with HBOS? It was driven i...
John McDonnell | 530 c1307-11 (Link to this contribution) I congratulate the hon. Member for Amber Valley (Nigel Mills) on moving his new clause and on the de...
Steve Baker | 530 c1314 (Link to this contribution) As I listened to the hon. Member for Hayes and Harlington (John McDonnell) speak to amendment 15, I ...
John McDonnell | 530 c1314 (Link to this contribution) Some of us are not completely reformed.
Lord Bruce of Bennachie | 530 c1312-3 (Link to this contribution) I shall speak briefly to amendment 51. Since the Government announced the additional corporation tax...
Frank Doran | 530 c1313-4 (Link to this contribution) I support amendment 51, tabled by the right hon. Member for Gordon (Malcolm Bruce). As neighbours, w...
Oliver Heald | 530 c1295-6 (Link to this contribution) Does my hon. Friend agree that two initiatives that were described earlier are valuable? One is cred...
Mark Hoban | 530 c1295 (Link to this contribution) The hon. Gentleman needs to look carefully at the impact of tax in different sectors. Just because o...
Chris Leslie | 530 c1296 (Link to this contribution) I am sorry that the Financial Secretary has taken that attitude to the new clause, which is pretty i...
Mark Hoban | 530 c1296 (Link to this contribution) Yes, my hon. Friend is absolutely right. The provision of better education, information and guidance...
Chris Leslie | 530 c1296 (Link to this contribution) I am sure the hon. Lady will not object to a review.
Chris Leslie | 530 c1297 (Link to this contribution) I must correct the hon. Lady. I know that there is a review of sorts going on, but it relates to cre...
Tracey Crouch | 530 c1297 (Link to this contribution) Will the hon. Gentleman acknowledge that a review is already under way, and that all these issues ar...
Chris Leslie | 530 c1297-8 (Link to this contribution) Members of all parties, including the hon. Gentleman, to whom I may give way in a moment, have made ...
Nigel Mills | 530 c1301 (Link to this contribution) I beg to move, That the clause be read a Second time.
Lord Hanson of Flint | 530 c1318-9 (Link to this contribution) My hon. Friend makes a valuable point. She will know that the legislation passed by my right hon. Fr...
Kate Green | 530 c1318 (Link to this contribution) Does my right hon. Friend agree that an important feature of exposing those very high bonuses to pub...
Lord Hanson of Flint | 530 c1317-8 (Link to this contribution) Far be it from me to engage with my hon. Friend on the benefits or otherwise of Trotsky's theory, be...
John McDonnell | 530 c1320 (Link to this contribution) First, I think it would be greatly reassuring to the House overall if the issue of the binding vote ...
David Gauke | 530 c1320 (Link to this contribution) As I have said, the consultations I have announced will focus on the narrative provisions, the role ...
John McDonnell | 530 c1320 (Link to this contribution) Is this issue to be part of the consultation in the autumn? Will it be addressed at all?
John McDonnell | 530 c1317 (Link to this contribution) I had better correct the record. As someone who still sees the relevance of Trotsky's transitional p...
Lord Hanson of Flint | 530 c1317 (Link to this contribution) That is an interesting argument, and I bow to the hon. Gentleman's detailed knowledge of these matte...
Lord Hanson of Flint | 530 c1324 (Link to this contribution) I do not intend to detain the House for long on these amendments, although they are important. I par...
Charlie Elphicke | 530 c1325 (Link to this contribution) May I congratulate the Opposition on submitting the amendment on time and on its being called? In re...
Lord Hanson of Flint | 530 c1325 (Link to this contribution) I am grateful to the hon. Gentleman. I presume that he does not support the 50p tax rate, whether it...
Charlie Elphicke | 530 c1325 (Link to this contribution) The right hon. Gentleman should know that in Dover there is a lot of deprivation. My case is not tha...
Lord Hanson of Flint | 530 c1326-7 (Link to this contribution) I have not yet heard what my right hon. Friend the Member for Birkenhead has to say about it, but th...
Lord Field of Birkenhead | 530 c1327-8 (Link to this contribution) I shall not press amendment 30 to a Division tonight, because we will return to the subject in great...
Lord Hanson of Flint | 530 c1325-6 (Link to this contribution) I just say to the hon. Gentleman that in south-east England, which I recollect covers Dover, some 67...
Andrew Love | 530 c1326 (Link to this contribution) Is it not important that the matter is subject to scrutiny, because the Government continue to tell ...
Lord Hanson of Flint | 530 c1326 (Link to this contribution) That is true. My hon. Friend will know that ““We're all in this together”” is one of the Government'...
Charlie Elphicke | 530 c1326 (Link to this contribution) Is the right hon. Gentleman's position and that of the official Opposition that they support amendme...
David Gauke | 530 c1321 (Link to this contribution) I do not know whether my hon. Friend is trying to lose the support of the hon. Member for Hayes and ...
David Gauke | 530 c1321 (Link to this contribution) I know that my ministerial colleagues in the Department for Business, Innovation and Skills are watc...
Speaker | 530 c1323-4 (Link to this contribution) With this it will be convenient to discuss the following:
Nigel Mills | 530 c1323 (Link to this contribution) My purpose in moving the new clause was to encourage the Government down the route of tax simplifica...
Lord Hanson of Flint | 530 c1323 (Link to this contribution) I beg to move amendment 10, page 1, line 9, at end insert—
John McDonnell | 530 c1322 (Link to this contribution) How do the Government assess value for money with regard to those schemes, if not in job creation?
David Gauke | 530 c1322-3 (Link to this contribution) There have been assessments of the enterprise investment scheme, which has been in place since 1994....
John McDonnell | 530 c1321 (Link to this contribution) This is a serious point, and I say to the Minister that this will come back time and again, because ...
David Gauke | 530 c1321-2 (Link to this contribution) The hon. Gentleman makes his point forcefully. It is worth pointing out that the UK leads the way in...
John McDonnell | 530 c1331 (Link to this contribution) That is particularly important given that we are in if not a recession, a period of economic inactiv...
Andrew Love | 530 c1331-2 (Link to this contribution) I associate myself with the speech made by my hon. Friend the Member for Hayes and Harlington (John ...
David Gauke | 530 c1332 (Link to this contribution) It is a pleasure to respond to the debate. Amendment 10 would require the Office for Budget Responsi...
Kate Green | 530 c1332 (Link to this contribution) I understand what the Minister says, but does that not suggest that one useful role that the Office ...
David Gauke | 530 c1332-4 (Link to this contribution) I would not necessarily have put the hon. Lady down as an advocate of a more dynamic assessment of t...
Kate Green | 530 c1334 (Link to this contribution) What steps have the Government taken to reduce inequality by concentrating on taxation not at the bo...
John McDonnell | 530 c1334 (Link to this contribution) Will the Government publish anything with regard to the distribution of wealth—for example, the impa...
Lord Field of Birkenhead | 530 c1335 (Link to this contribution) What we said at the last general election is not very relevant, because we lost. The other side won,...
John McDonnell | 530 c1328 (Link to this contribution) May I associate myself with amendment 30, which I also signed? For my constituents, £250 means a lot...
Stephen Williams | 530 c1329 (Link to this contribution) I agree with virtually everything that the hon. Gentleman has said. I have ““The Spirit Level”” at h...
John McDonnell | 530 c1329 (Link to this contribution) I believe that the hon. Gentleman joined the House at the last election.
Kate Green | 530 c1328 (Link to this contribution) I very much support the sentiments my hon. Friend is expressing. Does he agree that it is not only t...
John McDonnell | 530 c1328-9 (Link to this contribution) My amendment proposes examination of the whole range of taxes, indirect and direct. It is interestin...
John McDonnell | 530 c1330 (Link to this contribution) The hon. Gentleman clearly has not been reading my alternative Budgets that I table year after year ...
Kate Green | 530 c1331 (Link to this contribution) Does my hon. Friend agree that it would be an important opportunity to look again at the assertion t...
David Gauke | 530 c1336 (Link to this contribution) No. The funding settlement with local authorities was made on the basis that the money would be avai...
Lord Hanson of Flint | 530 c1337 (Link to this contribution) What is clear is that my right hon. Friend the Member for Birkenhead (Mr Field) has exposed complete...
David Gauke | 530 c1337 (Link to this contribution) I have given way to the right hon. Gentleman on a number of occasions, and I think it is time to con...
Baroness Hoey | 530 c1336 (Link to this contribution) The Minister said earlier that the Government had specifically given this money to local authorities...
David Gauke | 530 c1336 (Link to this contribution) This Government believe in localism. I do not know whether the hon. Gentleman wants to return to the...
Nicholas Dakin | 530 c1336 (Link to this contribution) As a former council leader, it occurs to me that Governments were for ever putting conditions on how...
David Gauke | 530 c1336 (Link to this contribution) As I said, where this is within our control, public sector workers earning less than £21,000 are get...
John McDonnell | 530 c1336 (Link to this contribution) When the Chancellor made his statement, there were no caveats; it was a straightforward commitment t...
Mary Glindon | 530 c1336 (Link to this contribution) My own Tory council totally ignored the Chancellor's directive to give that money, and in the debate...
David Gauke | 530 c1335 (Link to this contribution) Where it is within the Chancellor's control because the money is paid through central Government, th...
Lord Field of Birkenhead | 530 c1335 (Link to this contribution) At the Dispatch Box, the Chancellor said that 1.7 million low-paid workers in the public sector woul...
David Gauke | 530 c1335 (Link to this contribution) The policy advocated by the Labour party when they were in government would have resulted in none of...
Stella Creasy | 530 c1263 (Link to this contribution) I will happily explain the difference between the two numbers. The hon. Gentleman might have heard m...
Nicholas Dakin | 530 c1263 (Link to this contribution) My hon. Friend is setting out carefully and deliberately the challenges that people face. Does she a...
Lord Blunkett | 530 c1252-3 (Link to this contribution) May I lend my support to my hon. Friend's endeavours on this critical issue? Is it not a fact that t...
Tracey Crouch | 530 c1271 (Link to this contribution) The hon. Lady obviously did not listen to the Minister's response to a point made earlier. As he sai...
Oliver Heald | 530 c1286 (Link to this contribution) The hon. Lady makes an important point, which I imagine will be considered by the consumer credit re...
David Gauke | 530 c1319-20 (Link to this contribution) We have had an interesting and wide-ranging debate on this group of amendments, which propose a numb...
Steve Baker | 530 c1321 (Link to this contribution) May I say that I think the reason for this unlikely alliance is that the workers now are the capital...
David Gauke | 530 c1334 (Link to this contribution) As was mentioned earlier, we have increased capital gains tax rates from those that we inherited, an...
David Gauke | 530 c1334-5 (Link to this contribution) We will make further announcements as and when necessary, but we are publishing much more informatio...
David Gauke | 530 c1336 (Link to this contribution) It is for local authorities to determine what they pay their employees, but we have given them the e...
Chris Leslie | 530 c1256-7 (Link to this contribution) The sector itself ought rapidly to produce suggestions for self-regulation. I hope the new clause wi...
Frank Dobson | 530 c1267 (Link to this contribution) In response to the intervention by the hon. Member for Stroud (Neil Carmichael), is it not a further...
Oliver Heald | 530 c1286 (Link to this contribution) I am a member of one, and membership is a good way of trying to convey knowledge about credit unions...
Baroness Chapman of Darlington | 530 c1276 (Link to this contribution) That is an excellent point, with which I shall finish my remarks. I am aware that many colleagues wo...
Subjects
Disadvantaged Directors Assets Corporation tax Banks Credit Advisory services Capital allowances Income tax Financial services Interest rates Low incomes Pay Nuclear power Loans Money lenders Social Fund Regulation Taxation VAT Tax rates and bands Tax yields
Legislation
Finance (No. 3) Bill 2010-12
Link
View this Parliamentary proceeding on www.publications.parliament.uk