Debate on bill on Wednesday, 27 November 2024, in the House of Commons, led by James Murray. The answering members were Mel Stride, James Wild and Tulip Siddiq.

Finance Bill

Second reading. Reasoned amendment negatived on division (112 to 333). Main question agreed to on division (332 to 176). Programme motion. Agreed to on question.

Secondary information

Type: Parliamentary proceeding
Reference: 757 cc811-890
Session: 2024-26
Department: Treasury
Legislative stage: Second reading
Procedure: Programme motions; Proxy voting; Reasoned amendments
Chamber / Committee: House of Commons chamber
Related items: Finance Bill 2024-26
Wednesday, 6 November 2024
Bills
House of Commons; Budget 2024
Wednesday, 6 November 2024
Parliamentary committees
House of Commons
Proceeding contributions: Josh Simons | 757 cc815-6 (Link to this contribution)
I absolutely agree with my hon. Friend that those who kept this nation going, who kept teaching o...; Tim Roca | 757 c847 (Link to this contribution)
Will the right hon. Gentleman clarify his comment that all the education spending that he mention...; Tulip Siddiq | 757 cc844-881 (Link to this contribution)
The right hon. Gentleman has spoken enough times in the debate, so I will not be taking yet anoth...; Marie Goldman | 757 c881 (Link to this contribution)
I thank the Minister for giving way. I want to ask her specifically about what she just said abou...; Tulip Siddiq | 757 c881 (Link to this contribution)
My hon. Friend the Exchequer Secretary says that he will write to the hon. Lady about this, but w...; Simon Hoare | 757 c855 (Link to this contribution)
As a former state school pupil with three daughters in a state school, let me assure the hon. Mem...; Connor Naismith | 757 c855 (Link to this contribution)
I thank the hon. Member for making that intervention. He says that it is not a choice between one...; Damian Hinds | 757 c855 (Link to this contribution)
Does the hon. Member know how many additional teachers were recruited in the last Parliament with...; Connor Naismith | 757 c855 (Link to this contribution)
We have heard lots of contributions from the Opposition Benches about the fantastic record of the...; Paul Holmes | 757 c855 (Link to this contribution)
Will the hon. Member give way?; Graham Stuart | 757 c836 (Link to this contribution)
It is a pleasure to take part in this debate. Let us travel back in time to those halcyon days fo...; Jim Dickson | 757 c834 (Link to this contribution)
I thank the hon. Lady for that intervention. We are very clear: the numbers from HMRC show that v...; Jim Dickson | 757 cc833-4 (Link to this contribution)
I am grateful for the opportunity to contribute to this very important debate as we move to put t...; Alison Griffiths | 757 c833 (Link to this contribution)
My right hon. Friend makes a valid and important point. I have restricted my comments to the Fina...; Alison Griffiths | 757 c833 (Link to this contribution)
I commend the hon. Member for South Derbyshire (Samantha Niblett) for her maiden speech. She and ...; Phil Brickell | 757 cc831-3 (Link to this contribution)
I thank the right hon. Member for his contribution, but I will return to the point I mentioned ea...; Phil Brickell | 757 cc830-1 (Link to this contribution)
It is a pleasure to speak in this debate on the first Labour Finance Bill in 14 years, and an eve...; Daisy Cooper | 757 c830 (Link to this contribution)
I think we can all say that a lot of water has passed under the bridge since those times. Since 2...; Daisy Cooper | 757 cc829-830 (Link to this contribution)
It is an honour to follow the hon. Member for South Derbyshire (Samantha Niblett), and I congratu...; Samantha Niblett | 757 cc826-9 (Link to this contribution)
That caught me off guard; I did not expect to be called quite so soon. Thank you so much, Madam D...; Mark Sewards | 757 c816 (Link to this contribution)
Is it not the case that state school parents work just as hard as private school parents, althoug...; James Murray | 757 c816 (Link to this contribution)
My hon. Friend is right that every parent aspires to a high-quality education for their children,...; Paul Holmes | 757 c816 (Link to this contribution)
The Minister is dedicated to extolling the virtues of his manifesto. When he sat down to write th...; Luke Evans | 757 c816 (Link to this contribution)
Parents from two private schools in my area have written to me that they will have to move their ...; James Murray | 757 c816 (Link to this contribution)
As the hon. Gentleman knows, mental health, more broadly, is a priority for this Government. On t...; Scott Arthur | 757 c816 (Link to this contribution)
My hon. Friend mentioned partygate, but it goes far beyond that. We have to remember that the dod...; Tulip Siddiq | 757 cc878-9 (Link to this contribution)
Just as it was an honour to close the Budget debate on behalf of the Government, it is an honour ...; Tulip Siddiq | 757 cc839-880 (Link to this contribution)
We will set out plans in due course. The Bill does, however, extend the scope of agricultural pro...; Tulip Siddiq | 757 cc841-3 (Link to this contribution)
It was a difficult decision, and I understand the point the hon. Lady is making, but the reforms ...; Ben Lake | 757 c820 (Link to this contribution)
One of the measures that has a bearing on the provision of public services is the increase to the...; James Murray | 757 c820 (Link to this contribution)
I am afraid I will not give the hon. Gentleman inside information on any ongoing discussions betw...; Graham Stuart | 757 c820 (Link to this contribution)
Will the Minister give way?; James Murray | 757 c820 (Link to this contribution)
I will make some progress. I have been generous in giving way to the right hon. Gentleman in part...; Graham Stuart | 757 c820 (Link to this contribution)
I am grateful to the Minister, who has shown his customary good humour and good will to the Chamb...; Tom Hayes | 757 c801 (Link to this contribution)
You talk about increasing inflation, yet we saw record levels of inflation—11%—under the Conserva...; Tom Hayes | 757 c813 (Link to this contribution)
Every Thursday during the pandemic, we clapped, cheered and made noise to signal to our NHS carer...; Tom Hayes | 757 c874 (Link to this contribution)
Will the hon. Gentleman give way?; Scott Arthur | 757 c852 (Link to this contribution)
The hon. Gentleman talks about honesty. It sounds like he has read our manifesto, so did we say t...; Scott Arthur | 757 c858 (Link to this contribution)
I thank the hon. Lady for giving way. In January 2023 the Conservative Chancellor increased the e...; Scott Arthur | 757 c797 (Link to this contribution)
Will the hon. Gentleman give way?; Scott Arthur | 757 c867 (Link to this contribution)
I am not quite clear what the hon. Gentleman is saying. Is he advising businesses in his constitu...; Scott Arthur | 757 c873 (Link to this contribution)
Too often we find that the Greens talk a good game, but when it comes to making decisions, whethe...; Andrew Murrison | 757 c813 (Link to this contribution)
The then Leader of the Opposition, and now Prime Minister, rightly said that his Administration w...; Andrew Murrison | 757 c817 (Link to this contribution)
On that point, will the Minister give way?; Andrew Murrison | 757 c826 (Link to this contribution)
Earlier this week, the Chancellor of the Exchequer said in her conversation with the Confederatio...; Josh Simons | 757 cc869-806 (Link to this contribution)
I entirely agree with my hon. Friend. To be specific about the benefits that will accrue, there a...; Josh Simons | 757 cc819-871 (Link to this contribution)
I absolutely take that point, but I will remind Conservative Members of the simple argument I am ...; Adrian Ramsay | 757 cc871-821 (Link to this contribution)
This Finance Bill should be a chance to begin the vital work of transforming our economy to make ...; Adrian Ramsay | 757 cc822-872 (Link to this contribution)
I thank the hon. Member for that question—I always enjoy her contributions. Later in my speech I ...; Josh Simons | 757 c872 (Link to this contribution)
If the hon. Member is so concerned about inequality and poverty in this country, why does he refu...; Adrian Ramsay | 757 cc825-873 (Link to this contribution)
Perhaps the right hon. Gentleman would let me make a little more progress first, please.
A ...; Adrian Ramsay | 757 cc826-874 (Link to this contribution)
First, I have welcomed the measures in this Budget on non-doms and capital gains tax, and I have ...; Chris Vince | 757 cc834-875 (Link to this contribution)
I don’t really want to give away my dog’s name—I don’t know why.
Thank you, Madam Deputy Sp...; Judith Cummins | 757 c875 (Link to this contribution)
I call the shadow Minister.
6.30 pm; James Wild | 757 c875 (Link to this contribution)
It is a pleasure to respond to the debate on behalf of His Majesty’s loyal Opposition. It has bee...; Mel Stride | 757 c876 (Link to this contribution)
You’re special.; James Wild | 757 cc837-878 (Link to this contribution)
Thank you. We all appreciated the kind words from the hon. Member for South Derbyshire about Heat...; Graham Stuart | 757 c843 (Link to this contribution)
Will the Minister give way?; Torsten Bell | 757 c823 (Link to this contribution)
I wish to reflect on the tone of the shadow Minister’s remarks. Looking at chart 4.5 in the OBR’s...; Nusrat Ghani | 757 c823 (Link to this contribution)
Order. Before the shadow Minister responds, may I caution him against using the word “deceit” in ...; Mel Stride | 757 c823 (Link to this contribution)
Madam Deputy Speaker, I will of course be guided by you on that matter. On the hon. Gentleman’s p...; Phil Brickell | 757 c823 (Link to this contribution)
I thank the right hon. Member for giving way. I did want to indulge him, but as he has now mentio...; Graham Stuart | 757 c813 (Link to this contribution)
Does the Minister agree with Gary Smith? This was supposed to be a Budget for growth and jobs. Th...; James Murray | 757 c814 (Link to this contribution)
Every business knows that we can make investment decisions only on the basis of secure public fin...; Paul Holmes | 757 c814 (Link to this contribution)
Will the Minister give way?; Jerome Mayhew | 757 c814 (Link to this contribution)
The Minister recognises the importance of reducing the tax gap, so will he commend the previous C...; Chris Vince | 757 c817 (Link to this contribution)
Does my hon. Friend not think it ironic that Conservative Members are talking about the mental he...; James Murray | 757 c817 (Link to this contribution)
My hon. Friend is right to point out that the lack of funding that the previous Government put in...; Dave Doogan | 757 c818 (Link to this contribution)
The Minister is defending the changes that he is making to the fiscal regime as it relates to the...; James Murray | 757 c818 (Link to this contribution)
We know that other countries tax in different ways. Norway has a high headline rate, although it ...; Harriet Cross | 757 c818 (Link to this contribution)
Does the Minister think that that is the right balance, given that Offshore Energies UK suggests ...; Luke Evans | 757 c819 (Link to this contribution)
When it comes to flying, Ryanair has come out and said it will cut 5 million tickets because of t...; James Murray | 757 c819 (Link to this contribution)
Let me put these decisions into context for the hon. Gentleman. The increase equates to £1 more f...; Paul Holmes | 757 c819 (Link to this contribution)
Will the Minister give way?; Luke Evans | 757 c821 (Link to this contribution)
Is it not the case that the manifesto said that there would be no rise in national insurance, but...; Dave Doogan | 757 c822 (Link to this contribution)
Does the shadow Minister agree that the Government could not conceivably have been so ignorant ab...; Luke Evans | 757 c822 (Link to this contribution)
While the Prime Minister was out of the country on the 19th, something else was snuck out: a lett...; Mel Stride | 757 c822 (Link to this contribution)
My hon. Friend is absolutely right. It is disgraceful that Labour waited until the farmers were a...; Wendy Morton | 757 c824 (Link to this contribution)
On the Government’s watch.; Mel Stride | 757 c824 (Link to this contribution)
On the Government’s watch. A number of measures in the Bill will further weigh on growth. Capital...; Graham Stuart | 757 c824 (Link to this contribution)
My right hon. Friend is painting an accurate but bleak picture, as reflected by the IFS, the OBR ...; Desmond Swayne | 757 c825 (Link to this contribution)
May I prophesy too?; Mel Stride | 757 c825 (Link to this contribution)
I will let my right hon. and gallant Friend prophesy.; Desmond Swayne | 757 c825 (Link to this contribution)
To be fair to the Prime Minister, he made it absolutely clear that things would have to get worse...; Mel Stride | 757 c825 (Link to this contribution)
That is an extremely astute observation. The prophecy is that things will get tougher further dow...; Jim Dickson | 757 c825 (Link to this contribution)
Will the right hon. Gentleman give way?; Mel Stride | 757 c825 (Link to this contribution)
I will give way to the hon. Gentleman. Perhaps he is an example of somebody who has done just tha...; Jim Dickson | 757 c825 (Link to this contribution)
If the right hon. Gentleman and his colleagues are against all the revenue-raising measures in th...; Mel Stride | 757 c825 (Link to this contribution)
It is not a binary decision like that. The hon. Gentleman is clever enough—[Interruption.] I am s...; Kanishka Narayan | 757 c830 (Link to this contribution)
Has the hon. Member reflected on the fact that the Liberal Democrats, instead of being just the p...; Graham Stuart | 757 c831 (Link to this contribution)
To take the hon. Gentleman back just a few months, he may remember that inflation was at 2% and d...; Graham Stuart | 757 c833 (Link to this contribution)
In painting this stark picture, my hon. Friend has not mentioned the Employment Rights Bill, whic...; Harriet Cross | 757 c834 (Link to this contribution)
May I clarify whether the hon. Member believes that the farmers making on average less than £45,0...; Nesil Caliskan | 757 c836 (Link to this contribution)
Will the right hon. Gentleman give way?; Graham Stuart | 757 c836 (Link to this contribution)
They have been humiliated in the Budget debate, as one after another repeated their rote words. I...; Nesil Caliskan | 757 c836 (Link to this contribution)
Will the right hon. Gentleman give way?; Jim Dickson | 757 c836 (Link to this contribution)
Will the right hon. Gentleman give way?; Graham Stuart | 757 c836 (Link to this contribution)
It would be entirely wrong of me, given how few Labour Members there are in the Chamber prepared ...; Nesil Caliskan | 757 c836 (Link to this contribution)
I thank the right hon. Gentleman for finally giving way. I wonder if he might use the opportunity...; Joe Robertson | 757 c837 (Link to this contribution)
As my right hon. Friend knows, I worked for a charity for six years—or a decade, as the Chancello...; Daisy Cooper | 757 c838 (Link to this contribution)
Will the right hon. Gentleman give way?; Daisy Cooper | 757 c838 (Link to this contribution)
I will resist that invitation. Does the right hon. Gentleman understand the nature of a windfall ...; Graham Stuart | 757 c840 (Link to this contribution)
It is tempting for Members to read out the rote stuff that is given to them—as some of the hon. G...; Matt Rodda | 757 c841 (Link to this contribution)
My hon. Friend is making an excellent speech highlighting a whole series of important points. I j...; Damian Hinds | 757 c844 (Link to this contribution)
It is a very long-standing principle, observed all but universally around the world, that we do n...; Nesil Caliskan | 757 c845 (Link to this contribution)
I thank the right hon. Member for inviting me to intervene. I remind him that the IFS has confirm...; Damian Hinds | 757 c845 (Link to this contribution)
Thank you.; Nesil Caliskan | 757 c845 (Link to this contribution)
The right hon. Member may also recognise that the Government have been clear that when special ed...; Chris Vince | 757 c846 (Link to this contribution)
indicated dissent.; Damian Hinds | 757 c846 (Link to this contribution)
The hon. Gentleman shakes his head. I take it that means that he has not had those conversations....; Chris Vince | 757 c846 (Link to this contribution)
As the right hon. Gentleman encouraged me to intervene, I will agree that there will be a movemen...; Harriet Cross | 757 c851 (Link to this contribution)
On the topic of the Scotch whisky industry, does the hon. Member agree that increasing the levy b...; Sarah Edwards | 757 c852 (Link to this contribution)
Does the hon. Member think it was fiscally responsible for the SNP Finance Secretary to have used...; Dave Doogan | 757 c857 (Link to this contribution)
Will the hon. Lady give way?; Nesil Caliskan | 757 c857 (Link to this contribution)
No. I can tell those Members that when additional money is spent on the state sector, it improves...; Jerome Mayhew | 757 c857 (Link to this contribution)
I am grateful to the hon. Lady for giving way. Could she identify which subsidy she is talking ab...; Harriet Cross | 757 c858 (Link to this contribution)
I thank the hon. Gentleman for his question. We must remember that investment allowances have now...; Dave Doogan | 757 c859 (Link to this contribution)
Apache has announced that it is set to pull out of the North sea basin. How does the hon. Lady th...; Dave Doogan | 757 c860 (Link to this contribution)
The hon. Gentleman says that the Tories have no plan for public services. I accept that the Labou...; Luke Charters | 757 c861 (Link to this contribution)
The hon. Gentleman knows that I hold him in high regard, but I am slightly perplexed because he w...; Luke Charters | 757 cc862-3 (Link to this contribution)
My hon. Friend the Member for South Derbyshire (Samantha Niblett) has left the Chamber, but I pra...; Jerome Mayhew | 757 c779 (Link to this contribution)
I will on that point.; Kanishka Narayan | 757 c782 (Link to this contribution)
The hon. Member keeps talking about his Government having been in the process of making a mark on...; Jerome Mayhew | 757 c784 (Link to this contribution)
The hon. Gentleman’s intervention was not on the point that he rose for, but there is one thing t...; Paul Holmes | 757 c786 (Link to this contribution)
If my hon. Friend will forgive me, will he give way?; Jerome Mayhew | 757 c788 (Link to this contribution)
Yes, I will. That was extraordinary.; Paul Holmes | 757 c790 (Link to this contribution)
Does he agree with me that there seems to be a collective amnesia among colleagues on the Labour ...; Jerome Mayhew | 757 c795 (Link to this contribution)
My hon. Friend is absolutely right, and there is a point worth making here. Since covid, the priv...; Jerome Mayhew | 757 cc798-867 (Link to this contribution)
I will not. I want to make some progress because I have been quite generous in giving way.
...; Jerome Mayhew | 757 cc800-1 (Link to this contribution)
I am not telling anyone anything; I am reporting what businesses are telling me. As a direct cons...; Jerome Mayhew | 757 cc803-868 (Link to this contribution)
I am grateful for that intervention. Inflation 11% was a direct consequence of the Russian invasi...; Josh Simons | 757 cc868-805 (Link to this contribution)
May I start by congratulating my hon. Friend the Member for South Derbyshire (Samantha Niblett) o...; Kanishka Narayan | 757 c805 (Link to this contribution)
Does my hon. Friend agree that the proceeds from the Finance Bill will allow us not just to inves...; Alex Ballinger | 757 c806 (Link to this contribution)
I thank my hon. Friend for mentioning carers. I was also really pleased to see in the Budget an i...; Josh Simons | 757 c807 (Link to this contribution)
Not only do I agree with my hon. Friend’s point about the carer’s allowance, which will benefit 8...; Polly Billington | 757 c821 (Link to this contribution)
Does the hon. Gentleman have a model of a wealth tax from another country that has been successfu...; Adrian Ramsay | 757 c824 (Link to this contribution)
If the hon. Gentleman is aware of my campaigning background, he will know that I have been one of...; Graham Stuart | 757 c825 (Link to this contribution)
Will the hon. Gentleman give way?; Adrian Ramsay | 757 cc830-1 (Link to this contribution)
I am about to finish.
In conclusion, Green MPs will vote for the Bill on the basis that we ...; Chris Vince | 757 c831 (Link to this contribution)
I wish first to pay tribute to my hon. Friend the Member for South Derbyshire (Samantha Niblett) ...; Chris Curtis | 757 c833 (Link to this contribution)
Which one?; Luke Evans | 757 c879 (Link to this contribution)
I am grateful to the Minister for making that point. Is there a timetable attached to that that s...; Daisy Cooper | 757 c880 (Link to this contribution)
I am grateful to the Minister for giving way. Madam Deputy Speaker, I beg for your patience as I ...; Nusrat Ghani | 757 c824 (Link to this contribution)
Order. The hon. Member for Swansea West (Torsten Bell) has twice used the word “you” when hecklin...; Caroline Nokes | 757 c838 (Link to this contribution)
Order. I remind the right hon. Gentleman, and indeed all other Members, that this is, specificall...; Caroline Nokes | 757 c844 (Link to this contribution)
Order. The hon. Gentleman was in the Chamber when I asked Members to return to debating the Finan...; Caroline Nokes | 757 c845 (Link to this contribution)
Order. The right hon. Member will know full well that it is for me to decide if the hon. Lady’s i...; Caroline Nokes | 757 c849 (Link to this contribution)
Order. The hon. Lady should sit when I am on my feet. This needs to be a debate about the Finance...; Caroline Nokes | 757 c854 (Link to this contribution)
Order. I am going to make the request that I have made at least twice—this could be third time or...; Judith Cummins | 757 c802 (Link to this contribution)
Order. Before the hon. Member answers that intervention, I remind Members not to use the word “yo...; Judith Cummins | 757 c818 (Link to this contribution)
Order. I once again remind Members that interventions should be on what is in front of us: the Se...
Subjects: Capital gains tax Corporation tax Capital investment Fees and charges Energy Employers' contributions Farms Excise duties Increases Inheritance tax Government assistance Domicil Oil Private education Natural gas Public sector Profits Overseas residence Schools Special educational needs Tax allowances Taxation VAT Stamp duty land tax
Legislation: Finance Bill 2024-26
Link: View this Parliamentary proceeding on hansard.parliament.uk

Finance Bill

Secondary information

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