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Speech in Commons Chamber - Thu 29 Jun 2017
Economy and Jobs

"I invite the hon. Gentleman to look at the innovation in my constituency, including the development of smart city technology, in which we are world leaders. I invite him to stop off in Milton Keynes when he next travels north so that we can show him what we are doing.

…..."

Iain Stewart - View Speech

View all Iain Stewart (Con - Milton Keynes South) contributions to the debate on: Economy and Jobs

Speech in Commons Chamber - Wed 23 Nov 2016
Autumn Statement

"I warmly welcome the investment in rail and road links from Oxford to Cambridge through Milton Keynes, delivering on the infrastructure commission’s recommendations. I have been campaigning for east-west rail for many years. Will my right hon. Friend confirm that that investment will accelerate delivery of the project?..."
Iain Stewart - View Speech

View all Iain Stewart (Con - Milton Keynes South) contributions to the debate on: Autumn Statement

Written Question
Soft Drinks: Corporation Tax
Wednesday 20th April 2016

Asked by: Iain Stewart (Conservative - Milton Keynes South)

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what amount of corporation tax was paid by soft drinks manufacturers in the latest financial year for which figures are available.

Answered by David Gauke

Corporation Tax payable for accounting periods ending in the financial year 2013-14 for companies manufacturing soft drinks, and producing mineral water is estimated to be about £70 million. This estimate is based on those classified under the Standard Industrial Classification (SIC) 2007 code 11070 (Manufacture of soft drinks; production of mineral waters and other bottled waters) plus those manufacturing soft drinks who are classified elsewhere. This is the latest year available.


Written Question
Soft Drinks: Taxation
Wednesday 20th April 2016

Asked by: Iain Stewart (Conservative - Milton Keynes South)

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, if he will publish modelling conducted by his Department on the potential effect of the soft drinks industry levy on corporation tax receipts.

Answered by Damian Hinds

The independent Office of Budget Responsibility publishes the policy costing and forecast of the tax receipts at every fiscal event, which contain the relevant economic analysis.


Written Question
Soft Drinks: Taxation
Wednesday 20th April 2016

Asked by: Iain Stewart (Conservative - Milton Keynes South)

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what external groups his Department consulted on its proposal to introduce a soft drinks industry levy before announcing that levy; and on what dates he or officials of his Department met such groups.

Answered by Damian Hinds

Treasury Ministers and officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery.

Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at:

https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel


Written Question
Soft Drinks: Taxation
Wednesday 20th April 2016

Asked by: Iain Stewart (Conservative - Milton Keynes South)

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what information his Department holds on which other European countries have introduced a soft drinks industry levy in the last five years; and what research the Government has commissioned or undertaken on the effects of such levies on levels of obesity.

Answered by Damian Hinds

Other European countries have introduced a soft drinks tax in recent years. For example, Hungary in 2011 and France in 2012.

These taxes however are not identical in design to the new soft drinks industry levy the Chancellor announced at Budget 2016. The levy is a lever to encourage producer-led reformulation.

The Chief Medical Officer has said that reformulation is a key win for tackling obesity and soft drinks are the single largest source of sugar intake for children and teenagers.

This levy will be an important part of the government’s comprehensive childhood obesity strategy.


Speech in Commons Chamber - Mon 21 Mar 2016
Budget Resolutions and Economic Situation

"Before addressing the main Budget issue that I want to discuss, I want to mention two announcements in the Budget which, although small, are of great significance to two institutions in my constituency: Bletchley Park and the Open University.

The award of £1 million will allow Bletchley Park to establish …..."

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Speech in Commons Chamber - Tue 09 Feb 2016
EU Referendum: Timing

"I am grateful for the opportunity to contribute to this debate. I congratulate the right hon. Member for Belfast North (Mr Dodds) and his colleagues on introducing this important topic and exploring some of the genuine issues of concern in a very moderate and civilised way.

Whatever date is eventually …..."

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Speech in Commons Chamber - Tue 09 Feb 2016
EU Referendum: Timing

"If the hon. Gentleman is suggesting that he would like a roadshow visit from my hon. Friend the Member for Stone (Sir William Cash) or my right hon. Friend the Member for Wokingham (John Redwood) to entertain his electors over the summer, he is very welcome to it.

The point …..."

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Speech in Commons Chamber - Tue 09 Feb 2016
EU Referendum: Timing

"I will happily answer that. First, I am not in charge of selecting the date, and I have no objections to June or September. I am merely saying that there are a number of considerations that we have to bear in mind.

Another consideration, more generally, is that there is …..."

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