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Speech in Commons Chamber - Tue 22 Nov 2022
Energy (oil and gas) profits levy

"On growth, the Government are protecting our investment in research and development, and innovation, which is a long-term route to growth. The hon. Lady said that the hon. Member for Bootle (Peter Dowd) was correct about the deficit and debt, and it is astonishing that we are still having to …..."
Aaron Bell - View Speech

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Speech in Commons Chamber - Tue 22 Nov 2022
Energy (oil and gas) profits levy

"I thank my hon. Friend for what he is saying. The Science and Technology Committee, on which I sit, is currently looking at our nuclear investments for the future. Is he aware that, for example, the number of documents submitted in planning for Sizewell C is over 4,000 compared with …..."
Aaron Bell - View Speech

View all Aaron Bell (Con - Newcastle-under-Lyme) contributions to the debate on: Energy (oil and gas) profits levy

Speech in Commons Chamber - Tue 22 Nov 2022
Energy (oil and gas) profits levy

"Thank you very much, Mr Deputy Speaker. It is a pleasure to follow the hon. Member for Bradford East (Imran Hussain), although I utterly reject his thesis and characterisation of the response of those on the Government Benches; that is not appropriate in respect of this statement or the previous …..."
Aaron Bell - View Speech

View all Aaron Bell (Con - Newcastle-under-Lyme) contributions to the debate on: Energy (oil and gas) profits levy

Speech in Commons Chamber - Tue 22 Nov 2022
Energy (oil and gas) profits levy

"I thank the hon. Lady for raising cryptocurrency, FTX and so on. She may know that I recently held a Westminster Hall debate on the pernicious reach of cryptocurrency into sport, and that one of her SNP colleagues held a separate debate on it. The Treasury needs to listen carefully …..."
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View all Aaron Bell (Con - Newcastle-under-Lyme) contributions to the debate on: Energy (oil and gas) profits levy

Written Question
First Time Buyers
Tuesday 25th October 2022

Asked by: Aaron Bell (Conservative - Newcastle-under-Lyme)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the adequacy of the support available for people saving to buy a house; and if he will reconsider the limits placed on help to buy ISAs.

Answered by Andrew Griffith - Shadow Secretary of State for Business and Trade

The Help to Buy: ISA scheme aims to help those who are struggling to save enough to get onto the housing ladder. As first-time buyers tend to buy smaller (and therefore cheaper) first properties, the scheme’s property price cap of £250,000 for properties outside London (£450,000 within London) allows the Government to target support more precisely at the people the scheme is intended to help. Since its launch in 2015, the scheme has supported 497,940 property completions across the UK, with a mean property value of £176,125 compared with an average first-time buyer house price of £231,704.

While the Government keeps all aspects of savings policy under review, Help to Buy: ISA account holders can transfer their funds to a Lifetime ISA without incurring any penalties. The Lifetime ISA allows first-time buyers to benefit from the Government bonus when purchasing properties up to £450,000 anywhere in the UK.

Further information on the Lifetime ISA together with a comprehensive list other forms of home purchase support schemes can be found on the Government’s website below:

https://www.ownyourhome.gov.uk/


Speech in Commons Chamber - Mon 17 Oct 2022
Economic Update

"I welcome the Chancellor to his place. I welcome what he said about economic stability, the stability he has brought, and what he said about protecting the most vulnerable, which my constituents will welcome. When the people of Newcastle-under-Lyme voted for me and for the Government in 2019, they wanted …..."
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Speech in Commons Chamber - Fri 23 Sep 2022
The Growth Plan

"I welcome my right hon. Friend’s statement, but more than that, I welcome the clarity of his philosophy. We cannot tax our way to prosperity; we need economic growth. I also welcome the principle that my constituents will get to keep more of their hard-earned money, both through the national …..."
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Speech in Commons Chamber - Tue 17 May 2022
Tackling Short-term and Long-term Cost of Living Increases

"The £150 that was given out by Newcastle-under-Lyme Borough Council was gratefully received on the doorsteps, as was the money given out by Westminster City Council. Perhaps the right hon. Gentleman should speak to his council leaders in Barrow, Hyndburn, South Derbyshire and Bassetlaw, all councils that failed to get …..."
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Speech in Commons Chamber - Tue 17 May 2022
Tackling Short-term and Long-term Cost of Living Increases

"It is a pleasure to follow the hon. Member for Jarrow (Kate Osborne).

There is much to welcome in Her Majesty’s Gracious Speech, but since I have only four minutes, I will be brief about the Bills in it. The Schools Bill will raise standards and help every child fulfil …..."

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Speech in Commons Chamber - Tue 17 May 2022
Tackling Short-term and Long-term Cost of Living Increases

"It is brave—I thank the right hon. Gentleman—but we need to do it to level up the tax system.

More than anything, I am glad to have the Chancellor of the Exchequer leading us through these difficult times. Hon. Members should remember that if Opposition Members had had their way, …..."

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