Speech in Westminster Hall - Wed 10 Jul 2019
High Speed 2
"Will the right hon. Gentleman give way?..."Craig Tracey - View Speech
View all Craig Tracey (Con - North Warwickshire) contributions to the debate on: High Speed 2
Speech in Westminster Hall - Wed 10 Jul 2019
High Speed 2
"Will my hon. Friend give way?..."Craig Tracey - View Speech
View all Craig Tracey (Con - North Warwickshire) contributions to the debate on: High Speed 2
Speech in Westminster Hall - Wed 10 Jul 2019
High Speed 2
"When the argument changed from speed to capacity, does the Minister agree that there were more options, which could have been considered, to deliver that more quickly and cheaply, and provide greater benefit to our constituents? We are trying to predict rail usage in the distant future, but we have …..."Craig Tracey - View Speech
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Written Question
Wednesday 12th June 2019
Asked by:
Craig Tracey (Conservative - North Warwickshire)
Question
to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the effect of changes in the rate of Insurance Premium Tax on the sustainability of the health insurance market.
Answered by John Glen
The government publishes assessments of all tax changes at fiscal events. This includes examining the economic and business impacts. The assessment for the last change in Insurance Premium Tax (announced at Autumn Statement 2016) can be found here:
https://www.gov.uk/government/publications/insurance-premium-tax-increase-of-standard-rate/insurance-premium-tax-increase-of-standard-rate
These costings are certified by the Office for Budget Responsibility.
The government keeps all taxes under review and remains in regular discussion with the insurance industry and other interested parties, including the Financial Conduct Authority (FCA), on the provision of insurance in the UK.
The government does not have a view on the impact of the size of the health insurance market on the NHS.
Written Question
Wednesday 12th June 2019
Asked by:
Craig Tracey (Conservative - North Warwickshire)
Question
to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the effect of changes in the size of the health insurance market on the NHS.
Answered by John Glen
The government publishes assessments of all tax changes at fiscal events. This includes examining the economic and business impacts. The assessment for the last change in Insurance Premium Tax (announced at Autumn Statement 2016) can be found here:
https://www.gov.uk/government/publications/insurance-premium-tax-increase-of-standard-rate/insurance-premium-tax-increase-of-standard-rate
These costings are certified by the Office for Budget Responsibility.
The government keeps all taxes under review and remains in regular discussion with the insurance industry and other interested parties, including the Financial Conduct Authority (FCA), on the provision of insurance in the UK.
The government does not have a view on the impact of the size of the health insurance market on the NHS.
Speech in Commons Chamber - Tue 19 Feb 2019
Making Tax Digital
"I welcome this statement. One of the barriers to creating a coherent strategy to encourage more female entrepreneurs is a lack of gender-disaggregated data to enable us to understand not just how many there are but what sectors they are in. Does my right hon. Friend agree that this platform …..."Craig Tracey - View Speech
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Speech in Commons Chamber - Mon 18 Feb 2019
Exiting the European Union (Financial Services)
"The Minister has talked a lot about the importance of financial services, and I completely agree with that. There is often a perception that financial services are all London-centric, but the insurance industry, for example, employs 300,000 people, and two thirds of those are around the UK. It is fair …..."Craig Tracey - View Speech
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Speech in Westminster Hall - Wed 06 Feb 2019
UK as a Financial Services Hub
"My hon. Friend makes some important points about banking. Does he agree that the insurance sector has a massive role to play? It brings in £29.5 billion to the UK economy, including, as I am sure the Minister will appreciate, £12 billion in taxes. The critical point about the insurance …..."Craig Tracey - View Speech
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Speech in Westminster Hall - Wed 06 Feb 2019
UK as a Financial Services Hub
"My hon. Friend is making a powerful case. His point about regulation is critical to ensuring our future success, which will be underpinned by proportional regulation. Does he agree that we need to give the regulator a function as a promoter of the industry? If it had to promote the …..."Craig Tracey - View Speech
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Speech in Westminster Hall - Wed 06 Feb 2019
UK as a Financial Services Hub
"I am really interested in this area, and I chair the all-party parliamentary group for insurance and financial services, which is considering that very point. Does my hon. Friend agree that although the internet and digital technology bring a lot of positives, they disproportionately disadvantage vulnerable people, who do not …..."Craig Tracey - View Speech
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