Lindsay Hoyle
Main Page: Lindsay Hoyle (Speaker - Chorley)Department Debates - View all Lindsay Hoyle's debates with the HM Treasury
(1 day, 5 hours ago)
Commons Chamber
Dan Tomlinson
I thank my hon. Friend for her question, and for her time last week—it was good to meet her to talk about important issues affecting farmers and rural communities. On balance, the Government believe that the policy position that was set out at last year’s Budget is the right one, and we will be continuing with it.
This morning the Chancellor failed to take responsibility for her poor choices in a Budget that whacked up taxes, borrowing and spending, and made it clear that she would once again break her promises on tax. The farmers whom I have met have been in tears about the family farm tax, not because they are worried about losing their jobs but because the Chancellor is putting generations of farming at risk. Can the Minister tell the House whether the Chancellor has actually met any farmers, the NFU or other farming organisations to understand the impact of her policy and why she should scrap the family farm tax?
Dan Tomlinson
The Government have assessed the impact of this policy. According to the estimates that we issued at the time of last year’s Budget, about 500 farms would pay additional tax as a result of the changes; those numbers were contested by all Opposition Members, but the CenTax report—which the hon. Member has said that he and others are interested in reading—backs them up and confirms the Government’s estimates.
On Friday I sat with farmers and their families in Brecon and Radnor, and they are desperate. If they are 65 or over, they have no time to plan for the family farm tax, they cannot get insurance, and they will be put in an impossible position if the Government go ahead with the tax unamended. The CenTax report sets out options that could extend extra protection for family farms while rightly raising funds from people who are currently exploiting the tax loopholes in APR. Those farmers asked me to put a question to the Chancellor. They asked, “Can the Chancellor please say precisely which parts of the CenTax report the Government disagree with, and why?”
Lucy Rigby
My hon. Friend is well versed in all these areas, and has done considerable work in this regard. As I have said, the banks play a role in providing access to cash, for instance via post office banking services.
In this month of blaming everyone else for every woe that befalls the Government and using it as an excuse to bust manifesto pledges left, right and centre, it seems that the Government are claiming credit for more banking hubs, but we all know that the rolling out of banking hubs is a purely commercial decision by the banks. It is the banks that are choosing to do this, to serve their customers. Is it now the Government’s policy to blame everyone else for their own incompetences, and to claim credit for everyone else’s good ideas?
Mobilising more investment from the UK pension fund market is critical to driving regional economic growth. The Chancellor says that she is a builder, not a blocker, but her proposed builders tax threatens to drastically increase the cost of building anything from homes and roads to nuclear power stations. This will make investing in UK infrastructure increasingly unviable. To avoid even more investment-killing uncertainty, will the Minister agree to scrap Labour’s proposed landfill tax reforms and let Britain get back to building?
Dan Tomlinson
I am not sure that the matter that the right hon. Member just raised has much to do with HMRC.
The Treasury Committee looks at HMRC’s customer service. We have recently seen people having their child benefit stopped, ostensibly on the basis of travel data. Could the Minister explain what he is doing to resolve this issue and what data HMRC based its information on?
The Conservative party gave us austerity, Brexit and Liz Truss, including high interest rates and high inflation. This Government, so far, have delivered the highest growth in the G7, five interest rate cuts and record high levels of investment. Is it not the truth that the Conservative party, over 14 years, was the reason businesses were struggling?
Connor Naismith (Crewe and Nantwich) (Lab)
Opposition Members spend a lot of time complaining about the difficult decisions taken by this Labour Government, so I wonder whether the Chancellor can remind them what we have been able to do for public services and infrastructure as a result of this Government’s revenue-raising policies.
Analysis by UKHospitality suggests that more than half the job losses in the UK since last year’s Budget have come from its sector. That is further evidence that the jobs tax has been bad for growth and bad for job opportunities. We Liberal Democrats have set out fairer ways of raising revenue and going for growth, so rather than the Government suggesting that we have not done so, can I instead ask them: will they use the Budget to consult on a new lower national insurance contribution band to create opportunities for part-time workers, especially in hospitality?
The Scottish Secretary—a grown man who seems easy to upset—was very upset recently when the First Minister of Scotland had direct meetings with the President of the United States over whisky tariffs. The SNP and the First Minister will always stand up for Scotch whisky. Will the Chancellor follow suit, or will she continue in the Treasury’s long-standing tradition of suckling off the enterprise of Scottish businesses rather than supporting them? Her tax hike on Scotch whisky last year cost jobs and investment in Scotland. Will she now stand up—
Dan Tomlinson
I thank the hon. Member for his question, and I remind him of the landmark trade deal that this Government secured with India. He criticises the Government for not doing enough, but we have secured a trade deal with India, the EU and the US. We are also reducing tariffs to support industry and investing in Scotland with a record-breaking Budget to support jobs, investment and growth, and the public sector across the whole of Scotland.
High streets in St Austell and constituencies right across the country need more support from the business rates system. That is why we are transforming the system to ask larger premises, including the warehouses used by online giants, to pay slightly more in order to cut permanently the business rates payable by smaller premises on high streets across the country.
When the Chancellor imposed £40 billion of tax rises, she chose to double business rates for leisure, retail and hospital businesses—and she is going to come back for more. It may be in vain, but perhaps I can offer her a policy suggestion: scrap business rates for 250,000 shops, pubs and restaurants. Rather than hike taxes, will she adopt Conservative policy and control welfare spending so that we can back our small businesses?
Several hon. Members rose—
Order. This question is linked to Newcastle, so we will go to the next question.
Dr Opher
I am proud that the Government have invested £250 million in putting solar panels on schools and hospitals. In Stroud, we have a programme whereby, through community energy funding, we will put solar panels on every school in the area. I was going to ask the Chancellor about Treasury rules that were blocking that, but I heard from her answer to my hon. Friend the Member for Congleton (Sarah Russell) that that may no longer be the case. Will she confirm that that block has been removed?
It was good to see my hon. Friend and the engineering company Redler in Downing Street yesterday. On the issue about schools, as I said in answer to my hon. Friend the Member for Congleton (Sarah Russell), the scheme is now reopened. I have not had a look at the schools mentioned by my hon. Friend the Member for Stroud (Dr Opher). There may be some issues with maintained schools, but we are looking into that and are keen to work with him to ensure that schools in his constituency—indeed, schools in all hon. Members’ constituencies—can benefit from the scheme.
What is the Chancellor’s definition of “working people”?
Order. Please, I have a lot of Members to get in and I am trying to help everybody. Don’t be tempted—that is the easy answer.
Order. Please. I am trying to help Members. Minister, tell me which one you do not want to get in, because that is what it is getting to.
Lisa Smart (Hazel Grove) (LD)
I recently joined Sarah Laker and the wonderful team at Stationery Supplies in Marple to celebrate an impressive 20 years in business, but recent research by the British Retail Consortium and UKHospitality has shown that 120,000 high street jobs are potentially at risk as a result of proposed changes to business rates next April. Could the Chancellor and Ministers confirm that the forthcoming Budget will support my 250 local retail businesses through a meaningful reduction in rates and ensure that no shop pays more?
Dan Tomlinson
We will be introducing permanently lower rates for those businesses in the Budget.
Order. You do not need to bother answering that, Chancellor—we will now move on.
Will the Chancellor update the House on how and when schools can apply for libraries for primaries funding, which she announced on 29 September?