Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Bim Afolami Excerpts
Tuesday 29th January 2019

(5 years, 2 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Philip Hammond
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A consultation is under way that I believe ends on 13 February. Once it is complete, the Government will consider it.

Bim Afolami Portrait Bim Afolami (Hitchin and Harpenden) (Con)
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What is the Treasury’s view of the idea of opportunity zones to help to revitalise some of the more disadvantaged parts of our country, particularly in that they differ from enterprise zones because they involve a capital gains cut rather than other types of tax relief?

Elizabeth Truss Portrait Elizabeth Truss
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I congratulate my hon. Friend on his article proposing new ideas. He raises one example of some of the exciting prospects for the post-Brexit economy that will help to revive some of the industrial areas throughout Britain.