My honourable friend the Exchequer Secretary to the Treasury (Dan Tomlinson) has today made the following Written Ministerial Statement.

The government is today publishing draft legislation ahead of inclusion in the next Finance Bill. This allows for technical consultation on the application of tax policy in legislation. The government is also...

My honourable friend the Exchequer Secretary to the Treasury (Dan Tomlinson) has today made the following Written Ministerial Statement.

The government is today publishing draft legislation ahead of inclusion in the next Finance Bill. This allows for technical consultation on the application of tax policy in legislation. The government is also...

The government is today publishing draft legislation ahead of inclusion in the next Finance Bill. This allows for technical consultation on the application of tax policy in legislation. The government is also publishing some new consultations and a number of responses to consultations on tax policy which have concluded.

The...

The government is today publishing draft legislation ahead of inclusion in the next Finance Bill. This allows for technical consultation on the application of tax policy in legislation. The government is also publishing some new consultations and a number of responses to consultations on tax policy which have concluded.

The...

Committee stage: except clauses 1 to 8, schedules 1 and 2, clauses 9, 10, 69 and 62, schedule 12, clauses 63 to 68 and 83 to 85, schedule 13, clause 86 and any new clauses or new schedules relating to the subject matter of these clauses and schedules. Clauses 156 to 224 agreed to. Schedule 19 agreed to. Clause 225 agreed to as amended. Clauses 226 to 258 agreed to. Schedule 20 agreed to. Schedule 21 agreed to as amended. Schedule 22 agreed to. Amendment to clause 259 negatived on division (6 votes to 11). Clauses 259 to 279 agreed to. New clauses 2, 10, 22, 25 negatived on division (6 votes to 10 respectively). New clause 33, discussed with new clause 35, withdrawn. New clause 34 withdrawn. New clause 36 negatived on division (6 votes to 10). Bill, as amended, to be reported (Bill 377). Committee rose. Written evidence reported to the House.

Committee stage: except clauses 1 to 8, schedules 1 and 2, clauses 9, 10, 69 and 62, schedule 12, clauses 63 to 68 and 83 to 85, schedule 13, clause 86 and any new clauses or new schedules relating to the subject matter of these clauses and schedules. Clauses 156...

The Conservatives foisted Liz Truss on us as Prime Minister. I am very surprised that they have failed to learn from that disaster. Unfunded commitments they have no idea how to pay for cause only trouble to the economy, including to the housing economy.

The Conservatives foisted Liz Truss on us as Prime Minister. I am very surprised that they have failed to learn from that disaster. Unfunded commitments they have no idea how to pay for cause only trouble to the economy, including to the housing economy.

A more dynamic and active market unblocking pathways to home ownership and boosting local businesses by up to £1.2 billion—I am sure if someone offered that to the Secretary of State, he would bite their hand off, so why, when those are the benefits of scrapping stamp duty on homes, is he not lobbying the Chancellor to do just that on Wednesday?

A more dynamic and active market unblocking pathways to home ownership and boosting local businesses by up to £1.2 billion—I am sure if someone offered that to the Secretary of State, he would bite their hand off, so why, when those are the benefits of scrapping stamp duty on homes, is he not lobbying the Chancellor to do just that on Wednesday?

To ask the Minister for the Cabinet Office, pursuant to the Answer of 15 October 2025 to Question 75123 on Angela Rayner, whether he was informed before his statement on 3 September 2025.

To ask the Minister for the Cabinet Office, pursuant to the Answer of 15 October 2025 to Question 75123 on Angela Rayner, whether he was informed before his statement on 3 September 2025.

The right and learned hon. Gentleman says that no Prime Minister or Chancellor will say these things before the Budget. Has he told his Chancellor? She has been out there flying kites, causing constant speculation around the Budget that is damaging the economy. All week, the Government have been briefing about tax rises. What we have heard is that he does not have a plan, so we have some ideas for him. [Interruption.] It is quite clear that they need some ideas. On the Conservative Benches, we believe in scrapping taxes on family homes. Yesterday, we voted to abolish stamp duty; Labour voted against it. Even the former Deputy Prime Minister, who resigned in disgrace for not paying stamp duty, voted to keep it. I remind them that on this side of the House we know that abolishing stamp duty is how we get young people on the housing ladder and get the economy growing. So why will he not scrap this terrible tax?

The right and learned hon. Gentleman says that no Prime Minister or Chancellor will say these things before the Budget. Has he told his Chancellor? She has been out there flying kites, causing constant speculation around the Budget that is damaging the economy. All week, the Government have been briefing about tax rises. What we have heard is that he does not have a plan, so we have some ideas for him. [Interruption.] It is quite clear that they need some ideas. On the Conservative Benches, we believe in scrapping taxes on family homes. Yesterday, we voted to abolish stamp duty; Labour voted against it. Even the former Deputy Prime Minister, who resigned in disgrace for not paying stamp duty, voted to keep it. I remind them that on this side of the House we know that abolishing stamp duty is how we get young people on the housing ladder and get the economy growing. So why will he not scrap this terrible tax?

Why did the Tories not do it, then, in their 14 years in office? As I said, the productivity review figures are now coming in, and those show the true extent of the damage that they did. The Leader of the Opposition asks us to take advice from them. These figures are coming out, and we all know that austerity damaged the economy on their watch. The botched Brexit deal damaged the economy on their watch. Liz Truss’s mini-Budget damaged the economy on their watch. So we will take no lectures or advice from them on the economy. They will not be trusted on the economy for generations to come. That is why I can be clear that, at our Budget, there will be no return to austerity—that is what broke the country—and no return to the instability of their mad borrowing spree, and we will end the unfairness and low growth that squeezed living standards for working people. That is the path to national renewal.

Why did the Tories not do it, then, in their 14 years in office? As I said, the productivity review figures are now coming in, and those show the true extent of the damage that they did. The Leader of the Opposition asks us to take advice from them. These figures are coming out, and we all know that austerity damaged the economy on their watch. The botched Brexit deal damaged the economy on their watch. Liz Truss’s mini-Budget damaged the economy on their watch. So we will take no lectures or advice from them on the economy. They will not be trusted on the economy for generations to come. That is why I can be clear that, at our Budget, there will be no return to austerity—that is what broke the country—and no return to the instability of their mad borrowing spree, and we will end the unfairness and low growth that squeezed living standards for working people. That is the path to national renewal.

To ask His Majesty's Government how many property sales in London, broken down by borough, have been subject to stamp duty since July 2024.

To ask His Majesty's Government how many property sales in London, broken down by borough, have been subject to stamp duty since July 2024.

To ask the Minister for the Cabinet Office, with reference to the Prime Minister's oral contribution of 3 September 2025 in response to the Rt hon. Member for North West Essex during Prime Minister's Questions, Official Report, Column 281, on what date he was informed that the Deputy Prime Minister...

To ask the Minister for the Cabinet Office, with reference to the Prime Minister's oral contribution of 3 September 2025 in response to the Rt hon. Member for North West Essex during Prime Minister's Questions, Official Report, Column 281, on what date he was informed that the Deputy Prime Minister...

I have to say again that the right hon. Gentleman’s devotion to Trussonomics is admirable, particularly given that we have already seen it fail once. We heard from the shadow Chancellor that the Conservatives would put up income tax if they won the general election. They put it up to the highest level since the second world war; we are not going there.

I have to say again that the right hon. Gentleman’s devotion to Trussonomics is admirable, particularly given that we have already seen it fail once. We heard from the shadow Chancellor that the Conservatives would put up income tax if they won the general election. They put it up to the highest level since the second world war; we are not going there.

Nobody but nobody believes that 1.5 million homes will be built under this Government. Although the Minister for Local Government and Homelessness, the hon. Member for Birkenhead (Alison McGovern), spent a lot of time at the Dispatch Box, she did not answer the question about whether the Treasury will be asked to scrap stamp duty. We know that 2.8 million people said that they would consider downsizing if stamp duty were abolished, freeing up family homes of all sizes. She would not answer, so I ask the Secretary of State directly: will he ask the Treasury to scrap stamp duty—yes or no?

Nobody but nobody believes that 1.5 million homes will be built under this Government. Although the Minister for Local Government and Homelessness, the hon. Member for Birkenhead (Alison McGovern), spent a lot of time at the Dispatch Box, she did not answer the question about whether the Treasury will be asked to scrap stamp duty. We know that 2.8 million people said that they would consider downsizing if stamp duty were abolished, freeing up family homes of all sizes. She would not answer, so I ask the Secretary of State directly: will he ask the Treasury to scrap stamp duty—yes or no?

I know that the right hon. Gentleman was a strong supporter of Liz Truss when she stood for leadership of the Conservative party, but surely he cannot have forgotten what she did: she made multibillion pound unfunded spending commitments that crashed the economy, and sent wages down and prices, mortgages and rents skyrocketing. The last thing this country needs is tens of billions of pounds of more unfunded commitments, crashing the economy again and destroying people’s dreams of home ownership—

I know that the right hon. Gentleman was a strong supporter of Liz Truss when she stood for leadership of the Conservative party, but surely he cannot have forgotten what she did: she made multibillion pound unfunded spending commitments that crashed the economy, and sent wages down and prices, mortgages and rents skyrocketing. The last thing this country needs is tens of billions of pounds of more unfunded commitments, crashing the economy again and destroying people’s dreams of home ownership—

I asked for a simple yes or no, but the right hon. Gentleman struggled to give that. The truth is that we have outlined exactly where the money could come from and we have made it clear that if those on the Labour Front Bench have the guts to take on their Back Benchers, they will have the support of Conservative Members in making the expenditure cuts that are needed. The London School of Economics has estimated that £16,000 of economic activity comes with every house purchase, so if he will not agree to cutting stamp duty, will he at least agree to not putting up property taxes?

I asked for a simple yes or no, but the right hon. Gentleman struggled to give that. The truth is that we have outlined exactly where the money could come from and we have made it clear that if those on the Labour Front Bench have the guts to take on their Back Benchers, they will have the support of Conservative Members in making the expenditure cuts that are needed. The London School of Economics has estimated that £16,000 of economic activity comes with every house purchase, so if he will not agree to cutting stamp duty, will he at least agree to not putting up property taxes?

To ask the Minister for the Cabinet Office, with reference to the Prime Minister's oral contribution of 3 September 2025 in response to the Rt hon. Member for North West Essex during Prime Minister's Questions, Official Report, Column 281, on what date the Deputy Prime Minister informed the Independent Adviser...

To ask the Minister for the Cabinet Office, with reference to the Prime Minister's oral contribution of 3 September 2025 in response to the Rt hon. Member for North West Essex during Prime Minister's Questions, Official Report, Column 281, on what date the Deputy Prime Minister informed the Independent Adviser...

To ask the Chancellor of the Exchequer, how many people received (a) warnings and (b) punishment for underpaying stamp duty in the last financial year.

To ask the Chancellor of the Exchequer, how many people received (a) warnings and (b) punishment for underpaying stamp duty in the last financial year.

To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential impact of UK stamp duty on the level of share trading volumes in Metlen.

To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential impact of UK stamp duty on the level of share trading volumes in Metlen.

Thank you, Madam Deputy Speaker. I hope you and everyone in this Chamber had a very good summer break, with just the right proportions of sun, sleep and family.

If I may, let me start with a double round of congratulations: first, to the Prime Minister on his 63rd birthday this...

Thank you, Madam Deputy Speaker. I hope you and everyone in this Chamber had a very good summer break, with just the right proportions of sun, sleep and family.

If I may, let me start with a double round of congratulations: first, to the Prime Minister on his 63rd birthday this...