Money Laundering and Terrorist Financing (High-Risk Countries) (Amendment) Regulations 2024

Marie Rimmer Excerpts
Tuesday 6th February 2024

(2 months, 2 weeks ago)

General Committees
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Marie Rimmer Portrait Ms Marie Rimmer (St Helens South and Whiston) (Lab)
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It is a pleasure to serve under your chairmanship, Sir Robert. Will the Minister cast some light on something to help me to understand? Does the statutory instrument have any impact at all on the overseas territories? If not, how are we going to monitor them and restrict their activities, because most money laundering goes through the overseas territories?

Cost of Living Increases

Marie Rimmer Excerpts
Tuesday 25th April 2023

(1 year ago)

Commons Chamber
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Marie Rimmer Portrait Ms Marie Rimmer (St Helens South and Whiston) (Lab)
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Families, businesses and the country are struggling. For too long, Government support has been too little and too late. During the pandemic, we would have fared much better if the health service had not had its money cut every year since the Conservatives came into Government. The energy crisis has also had a huge impact on our economy. Britain is the only major G7 economy that is still smaller than it was before the pandemic. The country is going backwards under this Government. Many families are having to fork out an extra £500 in mortgage payments following the disastrous Conservative Budget last year that crashed the country’s economy. This is real money; it is the real lives of our constituents, and people are facing real hardship. This is not an abstract statistic, yet instead of doing something to help families, the Government are cutting funding to councils. Even last year, they introduced stricter eligibility for free school meals.

I have the honour of representing a constituency that spans two councils: St Helens and Knowsley. They are wonderful places with a strong sense of community spirit, but there is no denying that the Conservative Government’s decisions have taken their toll over the past 13 years and caused real hardship. As they are the second and 22nd least well-off council areas in the country, the offer of support that is too little, too late is being felt by my constituents, particularly the vulnerable people, children and people with disabilities.

In 2010, central Government funding to St Helens was £127 million. This year, it is £11 million. In Knowsley, the second poorest council area in the country, the council’s funding has been cut by £485 per person since 2010, despite the average across the country being £188. It is the second poorest area in the country. These cuts have consequences. Local authorities have duties that they have a legal requirement to fulfil, but even with a council tax rise, services have had to be rationed in many areas. We are raising council taxes during the biggest cost of living crisis in a generation, and working people already face the highest tax burden in 70 years.

The Government should have learned their lesson by now after acting too little and too late over the pandemic and the energy crisis. Families and businesses could be crushed if the Government do not get there quickly enough with the support that is needed, but I doubt they will do it. This is real money that could be in the pockets of our constituents while the cost of the average weekly shop is skyrocketing. The Government need to cut business rates to help revitalise businesses. There is no denying that short-term support is required, but there is also a need for long-term council funding. The fair funding review has been delayed for too long. Who is benefiting? The better-off areas are benefiting at the expense of my constituents—

Rosie Winterton Portrait Madam Deputy Speaker (Dame Rosie Winterton)
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Order. We need to bring in the last Back-Bench speaker.

Non-domicile Tax Status

Marie Rimmer Excerpts
Tuesday 31st January 2023

(1 year, 2 months ago)

Commons Chamber
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Marie Rimmer Portrait Ms Marie Rimmer (St Helens South and Whiston) (Lab)
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I do not think I have followed the hon. Member for South Cambridgeshire (Anthony Browne) before, but here we are.

Our tax system is broken. It is unfair and unjust. Non-dom status gives the wealthiest a way of avoiding tax, no doubt while the people who work for them pay out a disproportionate amount of their income in tax. Three in 10 people earning £5 million or more claim non-dom status, whereas the figure is fewer than three in 1,000 among those earning less than £100,000. This is a tax scheme that is taken advantage of by the wealthiest. If Britain is your home and you are making your life here, you should pay your taxes here—it really is that simple. Non-doms get the benefits from all of our taxes, but they are not paying their fair share. It is troubling that there are Members of this and the other place who use non-dom status. If they are voting on issues that have an impact on this country, they should be paying tax here.

Non-dom status was introduced more than 200 years ago. It lets people dodge millions in tax. It is not fit for the modern era. It is not progressive or fair. Working people are having to pick up the tab while non-doms enjoy tax-free earnings. Labour will introduce a modern scheme that will be fair to people who are genuinely in the UK for short periods, to allow us to continue to attract top international talent.

Our system will be fit for purpose in the 21st century. As colleagues have mentioned, the money generated will make a huge difference to our country. Our NHS is struggling. Not enough home-grown doctors and nurses are being trained, but we will do that. There are not enough places for them to study. One of the most common arguments against abolishing non-dom status is that it would cause a mass exodus of international talent, yet research by the London School of Economics shows that only 0.3% of the people affected would leave. That is a tiny fraction of the non-doms. The reality is that they enjoy living here in Britain. Britain is their home. They use the non-dom legal loophole as it is readily available. The study shows that non-doms are more than happy to keep Britain as their home.

Over the course of the pandemic, the wealthiest have got even richer and our country has become even more unequal. Labour, in power, will have the guts to abolish non-dom status and tackle offshore trusts and tax havens. We will introduce a modern tax system that is fit for purpose and fair for all, bringing our rules into line with those of other major economies such as France, Germany and Canada.

None Portrait Several hon. Members rose—
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Russia: UK Companies

Marie Rimmer Excerpts
Wednesday 7th December 2022

(1 year, 4 months ago)

Commons Chamber
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Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.

Each Urgent Question requires a Government Minister to give a response on the debate topic.

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James Cartlidge Portrait James Cartlidge
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My hon. Friend—I think he was a lawyer by training—gives a good example from a sector where one can imagine that might be happening. If firms are complying with the regime, other firms should have no fear of working with them. If he wants to raise specific cases with me, he is, as ever, welcome to write to me. He makes a very good point and it is on the record.

Marie Rimmer Portrait Ms Marie Rimmer (St Helens South and Whiston) (Lab)
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The French and Norwegian energy companies have successfully managed to exit Russia while BP has not. That is embarrassing, and the stain on Britain’s reputation needs removing. We appear to be undermining our efforts to support Ukraine and its people. The Treasury must ensure that the £580 million dividends that are due are used to provide aid to Ukraine and its people. Will the Minister ensure that if that does not happen, we will legislate to ensure that it does?

James Cartlidge Portrait James Cartlidge
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I understand why people make the link between what they have heard alleged about the shareholding of a particular company and how that should be spent, in an ideal world. I cannot comment on an individual company or its commercial interest and I am not going to, but I understand why people make that point. It therefore falls to us to talk about where we can act. The hon. Member talks about humanitarian assistance. We have given more than £6 billion of assistance—military aid and humanitarian assistance—and that is second only to the United States in scale. It is having a huge impact. We can safely say that the world, and least of all Vladimir Putin, did not expect Ukraine to fight back as it has done. One reason for that is the armaments and training provided by the United Kingdom.

Economic Update

Marie Rimmer Excerpts
Monday 17th October 2022

(1 year, 6 months ago)

Commons Chamber
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Jeremy Hunt Portrait Jeremy Hunt
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We are taking difficult decisions, and we will do whatever it takes to restore economic stability. That is the biggest single thing we can do.

Marie Rimmer Portrait Ms Marie Rimmer (St Helens South and Whiston) (Lab)
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Could the Chancellor explain to me whether the announcements today on tax will have implications for the primary legislation the Government are looking to introduce to enable the offer on tax and simplified regulations on investment zones? The in principle policy was published on 24 September, with expressions of interest asked for on 2 October and a rushed announcement that they had to be in by 14 October. There is very little detail for people to make really informed decisions. I will write again to the BEIS Secretary of State, if he remains the same—I have written to two—about one really good scheme, which is going to be massive. My constituency has two of the most deprived boroughs—Knowsley, the second most deprived in the country, which has had nothing yet, and St Helens, which is high up there. The schemes are just wonderful. What is the impact?

Marie Rimmer Portrait Ms Marie Rimmer (St Helens South and Whiston) (Lab)
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It has been interesting to listen to the speech from the hon. Member for Redcar (Jacob Young), but I do not think we read the same books or share the same philosophy. This country is set to have the biggest fall in living standards since records began. Households up and down the country are struggling to pay their energy bills. This is a crisis that requires big solutions. At the start of the pandemic, the Chancellor looked at big solutions to big problems, but I am afraid he did not do that yesterday. The energy crisis was already here before Russia invaded Ukraine, and it is now set to get worse. We do not know how long the war will last. The British people understand that we must have some hardship here to help the heroes in Ukraine, and they understand that the war is about standing up for freedom and democracy. What people do not understand is why the Government are not doing everything in their power to help us get through this energy crisis.

People at home are struggling, business are struggling and the Chancellor must do more to ease this struggle. Raising the national insurance cap is welcome, but it is a drop in an ocean compared with the measures that are needed. Critical manufacturing industries such as glass are on their knees. Yesterday, I, along with the CBI, British Glass, Glass Futures and manufacturers and sellers of glass celebrated the International Year of Glass, but the businesses are on their knees. One told of a rise in energy costs this year of £250 million; another of a £48 million rise. This has had no acknowledgement from the Government. Once these businesses go, they are gone for good. They provide good, high-paying jobs that we cannot afford to lose. Other Governments are stepping up to support their industries and ours must do the same.

The energy companies have made huge profits and will continue to do so. They are massive corporations, and energy is always going to be in demand. The Chancellor needs to be on the side of the British people and put a one-off windfall tax on the energy companies. They are not investing; their profits are going into shareholders’ dividends. The energy companies will still be around when this crisis is over. The Government need to ensure that the livelihoods of the British people are still here as well. We cannot afford to have thousands of people in crippling debt, going to moneylenders, as millions are.

Anthony Browne Portrait Anthony Browne
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The hon. Member makes the case against the rise in national insurance and for a one-off windfall tax on the energy industry, but that would obviously be just a one-off for one year. The costs of Government spending will continue year after year. Which taxes would she raise to pay for public spending in the years following the windfall tax?

Marie Rimmer Portrait Ms Rimmer
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I do not accept what the Member says.

The tax burden is at its highest in 70 years, and it is estimated that the Government have an additional £50 billion to operate with because of taxes that have come through. This begs the question of why the Chancellor is not using that £50 billion to help British people. We are already in a time of crisis. First it was covid, then it was energy and now it is Ukraine. The Chancellor must adopt big solutions to the big problems our country faces.

Oral Answers to Questions

Marie Rimmer Excerpts
Tuesday 15th March 2022

(2 years, 1 month ago)

Commons Chamber
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Gerald Jones Portrait Gerald Jones (Merthyr Tydfil and Rhymney) (Lab)
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6. What fiscal steps he plans to take to help reduce the impact on households of the rise in the cost of living.

Marie Rimmer Portrait Ms Marie Rimmer (St Helens South and Whiston) (Lab)
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16. What fiscal steps he plans to take to help reduce the impact on households of the rise in the cost of living.

Steve McCabe Portrait Steve McCabe (Birmingham, Selly Oak) (Lab)
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18. What fiscal steps he plans to take to help reduce the impact on households of the rise in the cost of living.

--- Later in debate ---
Rishi Sunak Portrait Rishi Sunak
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We are putting in place support to help households meet the rising cost of energy bills, and £9 billion of support will help to ensure that four out of five households in England will receive £150 starting this April, with a further £200 of support towards the autumn. Of course, councils have been given extra money for discretionary funding to help households in need as well.

Marie Rimmer Portrait Ms Rimmer
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Since the Chancellor announced his household loan scheme in response to the energy crisis as well as a huge rise in national insurance, the world has changed. Other Departments have adapted to the Russian invasion of Ukraine. When will the Treasury?

Rishi Sunak Portrait Rishi Sunak
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With regard to the Russian invasion of Ukraine, the Treasury has been hard at work with our international partners to put in place the most comprehensive set of economic sanctions that this country has ever had and that Russia has ever experienced. I am very proud of the job we have done.

Beer and Pub Taxation

Marie Rimmer Excerpts
Wednesday 5th February 2020

(4 years, 2 months ago)

Westminster Hall
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Marie Rimmer Portrait Ms Marie Rimmer (St Helens South and Whiston) (Lab)
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It is a pleasure to speak under your chairmanship, Mr Gray.

James Gray Portrait James Gray (in the Chair)
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Let us save time and not say that.

Marie Rimmer Portrait Ms Rimmer
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Pubs have always sat at the heart of our communities and our societies. I remember how my dad, at the end of a hard day’s work, would go to his local for a pint to enjoy the companionship and relax. If we look back at history, we see how many of our rights originate from people sitting down in the local and planning for a better world: democracy, workers’ rights, trade unions. All of those had many of their roots in this country in the local pub. Even today, pubs play an important role. They are where we celebrate our success in work, love and life. It is where we cheer on our nations in sport and mourn our losses in wakes, raising a parting glass for those we have lost.

Pubs remain an integral part of the St Helens, Whiston and Prescot communities. We have many fantastic pubs across the constituency, including the Cricketers Arms, which deservedly won the 2017 national pub of the year award, but we have seen dozens of pubs close. Many local pubs across the country are struggling under current taxation arrangements, which makes it extremely difficult for local pubs to compete with massive supermarkets and large pub chains. People in the UK pay almost 40% of all the beer duty in the EU, while consuming only 12% of the beer. If we compare ourselves to similar sized nations such as Germany, their beer duty is 11 times lower than the UK’s rate. We need to ask ourselves why our taxation rate is so much higher. Some will argue that it is to discourage people from excess drinking: an aim I completely agree with. It is vital we make sure that people drink responsibly.

If we look at the Green Budget published by the Institute for Fiscal Studies in February 2016, we see:

“The current structure of alcohol duties is not well targeted at harmful alcohol consumption.”

In fact, because local pubs cannot afford to offer the same prices as supermarket chains, people drink excessively at home in pre-drink sessions. They feel under pressure to drink as much alcohol as they can before going for a night out at a pub or wine bar, where prices for drinks are higher than in supermarkets, partly because of the way in which our taxes are applied.

Alex Sobel Portrait Alex Sobel (Leeds North West) (Lab/Co-op)
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Many independent pubs in my constituency, particularly in Otley, complain about business rates as well as beer duty. Does my hon. Friend agree that that is also an important taxation issue?

Marie Rimmer Portrait Ms Rimmer
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Of course it is. We have heard colleagues talk about it today.

If the aim is to raise money for the Exchequer, I agree with that aim, as taxes are important and pay for the vital things our society needs. However, the brewing and pub industry is a massive employer, with almost 900,000 jobs across the UK. The loss of those jobs would have a major impact on our economy and offset much of the income from the high taxes. We also find that the taxes are not applied evenly, with wine and spirits’ duty rates per litre of pure alcohol on an almost constant decline since 1978, yet beer has largely stayed constant and has gone up in some cases.

I therefore call on the Government to look at the way in which we support our local pubs. One way to do it is by improving the current structure of the small brewers relief. I also call on the Government to implement a modest cut in beer duty so that we can help our local pubs.

As the hon. the Member for Dudley South (Mike Wood) has said, 250,000 people have signed up to the Long Live the Local campaign, showing that the British people want to protect our pubs. Let us take the steps necessary to ensure that our great British institutions do not have to call for last orders permanently. I urge the Government to act.