Finance Bill

The change in the level of insurance premium tax from 6% to 9.5% will have an impact on insurance...

Does the hon. Lady agree that the proposed new level of tax will still be substantially lower tha...

I do not think making such comparisons is particularly valuable and I will come on to the reasons...

Does my hon. Friend share my concern about householders in areas prone to flooding who might alre...

Indeed, and I will come on to that, because the cumulative impact of this and other changes in th...

If the hon. Lady wants to forgo this substantial increase in revenue, what would she replace it w...

It is not for me to make those suggestions; it is the Government’s Budget, not mine.

As I h...

Will the hon. Lady join me in welcoming the fact that the freeze on the motor fuel duty escalator...

No I will not. As I have just stated, the president of the AA, Edmund King, has said of the Budge...

There seems to be the assumption that the entire increase will be passed on—perhaps in part it wi...

I think that I have already covered that. In a debate in 2010 it was accepted that these costs ar...

: I remind the House that I advise an industrial and an investment company and the details are se...

Perhaps the right hon. Gentleman has forgotten that in July we voted against the cut in inheritan...

That is interesting, because one of the difficulties with capital taxes is that they are sensitiv...

The right hon. Gentleman is talking through his hat. In my constituency last year, not one proper...

The hon. Lady might well find that some of her constituents have aspirations and could be success...

The right hon. Gentleman should be directing his question to the Chancellor, because, as I said, ...

But I support the Government on that. I think that they are right to want to make more progress i...

There seems to be a very selective honouring of pledges going on. The pledge not to increase taxe...

I think that we are now going rather wide of the amendment and the clause that we are meant to be...

Does the right hon. Gentleman not recognise that there is a moral hazard to a degree in taxing in...

That is very good advice, and that is exactly what this Committee is trying to do by highlighting...

It is not a question of technology changes. This £50 increase, at least, in the duty paid on the ...

I am trying to deal with the underlying reason why it can be very difficult for young men, in par...

I want to speak briefly to amendment 1, tabled by my hon. Friend the Member for Worsley and Eccle...

I am interested to hear what my hon. Friend has to say about the Flood Re scheme. Cockermouth and...

Yes. There are many welcome things in the Flood Re scheme, but, if I recall my reading on it corr...

The cost of home contents insurance has fallen across the country by about 8% since last year. Do...

Unfortunately that is not the experience of many of my constituents in Hull. Every year lots of p...

I thank the hon. Member for Worsley and Eccles South (Barbara Keeley) for raising the significant...

I will do something that feels slightly unusual and address my brief remarks to clause 43.

...

In responding to the debate, I hope to touch on many of the questions that have been raised by ho...

I hope the Minister will address the point I made about the impact of insurance costs on unemploy...

I will come to the distributional points raised by questions from hon. Members but, with the grea...

I fully accept that; in fact, I think it is absolutely right. The problem for me and my constitue...

The hon. Lady makes a very good point. She and I come across the same sorts of issues in our case...

The figures I was given from the industry were that the increase in duty alone on the average pre...

The hon. Lady and I can duel with statistics all afternoon, but I wanted to point out that it was...

Does my hon. Friend agree that this slim and modest tax rise should be viewed in the context of t...

My hon. Friend is right to point out the overall context; this measure should not be seen in isol...

I do not propose to withdraw the amendment. The reason for it is the lack of a full analysis of w...

Will the hon. Lady give way?

No, I will not.

Mr Trudgill went on to say:

“Young drivers are the most over-represen...

With this it will be convenient to discuss new clause 2—Report on the removal of the Climate Chan...

Clause 45 ends the exemption—[Interruption.]

Order. Will Members leaving the Chamber please do so quietly?

Thank you, Mr Howarth.

Clause 45 ends the exemption from the climate change levy for renewa...

How can the Minister possibly justify this measure when the Government’s own impact assessment sa...

I can absolutely say how we justify this measure. As I have stated, there are now more effective ...

Will the Minister tell me what consultation he had with the solar industry in Britain before anno...

It was necessary, because of the imperative to deliver value for money, to move quickly on this c...

The Minister has outlined the various assessments that the Government have made, but have they as...

It is a bigger rug than that. The climate change levy is only a relatively minor part of the supp...

I am grateful for this opportunity to contribute to the debate on this clause, which I believe sh...

Does the hon. Lady not agree that this is only part of an ongoing series of issues: a lower strik...

I am grateful to the hon. Gentleman for his intervention, and of course he is absolutely right; l...

I am listening to the hon. Lady’s comments, which are always passionate, well made and eloquent. ...

I do not agree with the hon. Gentleman’s comments. There are some cases where renewables are bein...

I thank the hon. Lady for giving way. I am sorry for stopping her in mid-stream, especially as sh...

I wish that the hon. Gentleman had done a little bit more homework before making that point, beca...

I am grateful to be able to contribute to this debate. Members on both sides of the Committee wil...

Eggborough power station employs a lot of my constituents, as it does my hon. Friend’s. Does he a...

I could not agree more with my hon. Friend and neighbour. Whoever is in charge of ensuring that w...

I thank the hon. Gentleman for giving way—it is not easy to come to the House and take issue with...

I agree with the right hon. Lady. Companies need certainty and time to plan, and 28 days’ notice ...

It is a pleasure to serve under your chairship, Mr Howarth.

I rise to speak to Opposition n...

Was this industry not one in which we had a lead on innovation and design and technology that we ...

That is terrible news for our region and the rest of the country. My hon. Friend and I have a gre...

It is a pleasure to follow the hon. Member for Wirral South (Alison McGovern), and I agreed with ...

It is a pleasure to see you in the Chair this evening, Mr Howarth.

I am pleased to follow t...

The two questions that the Committee needs to ask when considering this Government proposal are t...

The right hon. Gentleman has set out the two objectives that he thinks the Government should have...

I have made very clear the priorities for myself and my electors. In the situation in which the c...

rose—

I willingly give way to the hon. Lady, who always wants to price people out of energy.

I think I am grateful to the right hon. Gentleman for giving way. He, like me, would like to see ...

I have not seen all the figures on what the contract prices might entail, but I entirely agree th...

The right hon. Gentleman may be aware that the interim report of the Competition and Markets Auth...

I have no more time than the right hon. Lady for over-charging vulnerable customers. I, too, look...

Will not this change in the levy, which is being made so quickly and with so little much notice—2...

My hon. Friend has made a powerful case in defence of Drax. I hope that discussions are taking pl...

There have been several very fine speeches in this debate so far. In particular I pay tribute to ...

Much has been made of the sudden nature of the change in taxation, and the impact that that will ...

In relation to business investment, it would be normal practice to undertake considerable consult...

It is anti-business and anti-innovation.

It is also anti-consumer and anti-environmental. The Government have managed to accomplish a whol...

The exemption from the climate change levy has been one part of the support the taxpayer provides...

I thank the Minister for his earlier remarks. Many people in Somerset have expressed their concer...

I hope I can put my hon. Friend’s mind at rest, to some degree, in the course of the next few min...

I did want to intervene in the end. The Minister’s central argument seems to be this: this is not...

In the first part of what the hon. Lady said she was pretty close to the mark. When I say that th...

I thank the hon. Gentleman for giving way. Can he confirm that the Government are currently consu...

On the right hon. Lady’s last point, that is not the only inefficiency in this scheme, as I was o...

On that basis, will the Minister at least consider a delay until 2017 if the value is so low by 2...

We are not in a position to be able to change the approach. My hon. Friend asks about the timing....

The Minister has made the case that he wants to be able to reduce householders’ bills, so will he...

I wish we were living in a world where money that was saved was suddenly free and available to be...

With this it will be convenient to consider the following:

Clause 17 stand part.

That...

What a pleasure it is to serve under your Chairmanship this evening, Ms Engel.

Clauses 16 a...

Like many hon. Members, I am sure the Minister has had many letters from small banks and the buil...

I hope the hon. Lady recognises that the rate paid by building societies and smaller banks will b...

I, too, will make some brief remarks. I rise to speak to the Opposition’s new clause 1, which rel...

It is a pleasure to follow the hon. Member for Wirral South (Alison McGovern), who mentioned me s...

I wish to speak to SNP amendments 3 and 4, and let me say three things at the outset. First, I am...

I very much support the Government’s proposals, and I particularly welcome the balance that they ...

I do not know whether the hon. Gentleman misunderstood or whether I misunderstand him, but the pa...

The point made earlier was that this measure helps the likes of HSBC and Standard Chartered, so I...

I am wondering whether my hon. Friend is as surprised as I am that Labour Members have discovered...

My hon. Friend puts the point much better than I could have. I commend the Committee for this sec...

I will be brief, Mr Howarth. I just wanted to respond to some of the points made by my colleague ...

It has been a great pleasure to have my Opposition shadow, the hon. Member for Wirral South (Alis...

I thank the Minister for giving way. First, I supported my hon. Friend the Member for Leicester W...

Order. Before the Minister resumes her speech, fascinating and colourful as this exchange is I ho...

You are quite right, Mr Howarth. What I wanted to say was that one would not believe from the rem...

I asked the Minister specifically what that 90% meant— 90% by number, or by size?

Absolutely, and it is 90% of all building societies. Clearly, a handful of building societies are...

I know that the Minister is trying to rattle through this quickly, but I have a question. We can ...

Again, I am surprised that the hon. Lady seems to want me to keep mentioning the rate of corporat...