Business Rates

Martin Vickers Excerpts

Tuesday 27th January 2026 Commons Chamber

[Dan Tomlinson]

I would be happy to have a further conversation with my hon. Friend about this issue. It is really important that no hotel will see its business rates bill go up by 100% this year. It may be that the Marine hotel has seen a really significant increase in its rateable value, and we will review the methodology because of the large increases. We are aware of those, and we want to work on this issue with the hotel industry. It sounds like the business is probably one of the larger ones, so its increase will be capped at 30%. If it is a smaller business, the increase may be capped at 15%. That is the difference that this Government are making. If it is a business receiving RHL relief, it would have had that relief removed overnight under the previous Government, with a 300% increase in rateable values for businesses in 2025.

[Martin Vickers (Brigg and Immingham) (Con)]

If the Minister were to visit my constituency and come with me to the George Inn in Barton-upon-Humber, we would go inside and he would immediately recognise it as a typical English pub, yet it is also a hotel—the last hotel in the town. Could the Minister reassure the proprietor at the George? Will he receive early relief, or will he have to wait for yet another review?

[Dan Tomlinson]

The definition of “pubs” that is used for the changes that have been announced today is the same one that was used when the previous Government implemented a relief. I believe that that was in 2017, so it is a long-standing definition. I encourage the hon. Member to find that on the gov.uk website and send it to the relevant business. I do not know the precise details of the pub that he mentions, but we are sticking with the long-standing definition.

VAT Registration Threshold: SMEs

Martin Vickers Excerpts

Tuesday 24th June 2025 Westminster Hall

[Mr Bedford]

I thank the hon. Member for his intervention and I absolutely agree. As a Unionist myself, I want to see all parts of the UK thrive and grow, and that obviously includes Northern Ireland. This debate equally applies to Northern Ireland as it does to everywhere else in the Union.

I was talking about UKHospitality, which says it would like to see the VAT rate cut to 12.5% for the industry. I think that proposal has merits and I encourage the Minister to consider it.

Finally, I recently met the Institute of Chartered Accountants in England and Wales and it was clear that confidence among small businesses is in decline. The ICAEW would like to see the whole VAT system simplified and the registration threshold reviewed. That would reduce compliance costs, but it would also enable small businesses to grow beyond the restrictive cliff edge that is currently in place.

The Minister may not be a fan of Margaret Thatcher, our first female Prime Minister, but she believed that if people work hard, they should have the opportunity to succeed, and that the Government’s role is to create the conditions for that success. That was why she launched the enterprise allowance scheme, which helped to create now-famous brands such as Superdry and Creation Records.

However, if the Minister wants a more contemporary example of a state supporting businesses to grow, he should look at our good friends in Singapore. First, as is well-documented, corporation tax in Singapore is low, but in addition small businesses in Singapore have the pioneer certificate incentive, which encourages start-ups in undersubscribed industries. I am not asking the Minister for such a scheme here—I know that that would perhaps be too bold—but what I am asking for is a modest and sensible change that would make a real difference to entrepreneurs across the country. Raise the VAT registration threshold; push it beyond £90,000. Do it for the small businesses that want to grow, to diversify and to serve their communities, but also do it for the economy and for consumers, who will benefit from lower prices and greater choice. Above all, do it for the spirit of enterprise that has always defined the United Kingdom.

[Martin Vickers (in the Chair)]

I remind Members that they should bob if they wish to be called during the debate.

Spending Review 2025

Martin Vickers Excerpts

Wednesday 11th June 2025 Commons Chamber

[Rachel Reeves]

This Government have provided £50 million in the spending review today, but we have also, I hope, done much more for Northern Ireland, providing a settlement that is a record since devolution, as well as significant investment in our defence sector. Northern Ireland has a proud history of producing for the UK’s defence needs.

[Martin Vickers (Brigg and Immingham) (Con)]

Of course I welcome the continuing support for Scunthorpe steelworks, but may I gently remind the Chancellor that that support came seven months after I first raised the issue in the House, and we then had the panic of the Saturday sitting in April?

The Chancellor mentioned support for the Viking carbon capture and storage project, for which, again, I have lobbied for a long time. Can she give me a little more detail about the timeframe?

[Rachel Reeves]

I thank the hon. Gentleman for welcoming what we did with British Steel in Scunthorpe. I know that he has been a strong voice advocating for British Steel there, unlike some of our late arrivals in another party. As for Viking CCS, I was very pleased to announce that funding today, along with the Acorn investment in Aberdeenshire. The Energy Secretary will set out, in due course, the timing and the money available, but after our investment in CCS in Merseyside and Teesside at the end of last year, we are now in a position to provide a second tranche in Aberdeen, and also in the Humber.

Regional Growth

Martin Vickers Excerpts

Wednesday 4th June 2025 Commons Chamber

[Darren Jones]

As my hon. Friend has mentioned, the Mayor of South Yorkshire has been given £1.5 billion, which is in line with our commitment to devolution and to city region mayors. It is for the mayor to decide how that money is spent. As my hon. Friend suggests, the mayor has announced that some of this money will be allocated to the tram network, but it will be for the mayor and the combined authority to decide how to use the balance of this funding for other projects in the region. As always, I am very happy to meet him and the mayor to consider what options are available.

[Martin Vickers (Brigg and Immingham) (Con)]

I recognise the importance of assisting the city regions to boost the economy, but my Brigg and Immingham constituency covers the south bank of the Humber, which is home to a cluster of energy businesses that are of particular importance to the renewables sector. Can the Chief Secretary to the Treasury outline what resources will be made available for that area to support improvements both in rail connections and also to the A180, which provides access to the major port of Immingham?

Oral Answers to Questions

Martin Vickers Excerpts

Tuesday 20th May 2025 Commons Chamber

[Rachel Reeves]

This Government have committed to increasing the proportion of civil servants who work in the north of England. But we already have a hub that we are expanding in Darlington, where eight Departments work, including officials from the Treasury. The Treasury is very mindful of the importance of investing right across the north of England—in Darlington, Leeds, Cumbria, Rossendale and Darwen and many other constituencies beside.

[Martin Vickers (Brigg and Immingham) (Con)]

The prosperity of northern towns is very much dependent on good transport connections. Will the Chancellor ensure that National Highways is adequately funded, so that it can improve access to the port and town of Immingham through improvements to the A180, and also that the Department for Transport has adequate funds to meet the modest amount that is needed to fund an extension of the King’s Cross to Lincoln train service through to Grimsby and Cleethorpes?

[Rachel Reeves]

I shall make sure that the Transport Secretary hears those requests, but the hon. Gentleman knows that our investment in British Steel, which will save that company, is set to increase the number of jobs there. That will make a massive difference to his constituents, as will the investment in renewable energy in the North sea, particularly around Immingham, creating good jobs and paying decent wages in his constituency and in many others, too.

Oral Answers to Questions

Martin Vickers Excerpts

Tuesday 8th April 2025 Commons Chamber

[Darren Jones]

First, I congratulate my hon. Friend on his campaigning on this issue. As I represent the neighbouring constituency, I declare that the project may have some indirect benefit for my constituents. I can confirm to the House that the project supports regional and national strategic objectives. The West of England is the most productive city region outside of London, and it is set to continue to grow. An efficient and reliable rail link between Bristol and Portishead will support a range of large and small sites for housing and employment across the region, halving journey times and opening a wide range of job and leisure opportunities for the residents of North Somerset.

[Martin Vickers (Brigg and Immingham) (Con)]

If steel production ceases or is curtailed at the Scunthorpe steelworks, there will be a massive impact on the wider economy in northern Lincolnshire. Can the Minister give an assurance that contingency plans, including improvements to transport infrastructure, are in place should the worst happen?

[Darren Jones]

We recognise how important this issue is for the hon. Member’s constituency, the region and, indeed, the national economy. My ministerial colleagues in the Department for Business and Trade are in discussions on this particular issue, but in our infrastructure strategy we are considering, as he would expect, the best value for aligning investments between housing, rail, energy and other types of infrastructure to deliver growth for everyone, in every region of the country.

Spring Statement

Martin Vickers Excerpts

Wednesday 26th March 2025 Commons Chamber

[Rachel Reeves]

Unlike the SNP, Labour supports investment and jobs in the defence sector in Scotland, which, in turn, supports people in Glasgow South West and across Scotland. There will be more good jobs for young people—more jobs paying decent wages— that will keep our country safe. That is what this party believes in. It is a shame that the SNP believes in something entirely different.

[Martin Vickers (Brigg and Immingham) (Con)]

A cloud hangs over the economy in northern Lincolnshire at the moment with potentially significant job losses at the Scunthorpe steelworks. In view of that, can the Chancellor assure us that funding will be available not only to look after any redundant workers, but to attract new business and provide retraining for existing workers?

[Rachel Reeves]

At the general election, we set out our plan for a steel fund as part of the National Wealth Fund. I understand the concern of hon. Members across the House about the future of the steel industry in this country. We were able to improve the deal for Tata, to protect more jobs in south Wales. We want a thriving steel sector right across the UK, and we will continue to work with the company and the trade unions to achieve just that.

Growing the UK Economy

Martin Vickers Excerpts

Wednesday 29th January 2025 Commons Chamber

[Darren Jones]

That sounds like an excellent initiative that will benefit from the huge untapped potential in the Greater Manchester and regional economy, which we are trying to stimulate with our announcements today. I would be delighted to meet my hon. Friend in due course to understand more of the detail.

[Martin Vickers (Brigg and Immingham) (Con)]

The Chief Secretary said that he wanted economic growth to spread to every town, city and community—something we can all agree with. I have been campaigning for many years to restore the direct train service between Cleethorpes, Grimsby and King’s Cross. That would boost the local economy and is supported by the Hull and Humber chamber of commerce, businesses up and down my constituency and, on the Government Benches, by my MP, the hon. Member for Great Grimsby and Cleethorpes (Melanie Onn). All that is needed to provide the service at the next timetable change is the go-ahead from the Transport Secretary. Will the Chief Secretary urge her to do just that?

[Darren Jones]

I am sure that the Transport Secretary has heard the hon. Member’s request. As he will know from our announcements today and at the Budget, the investment that we seek to unlock in his region is a crucial part of our industrial plans, not least the investment in sustainable aviation fuel that I set out. If the transport project that he mentions will unlock investment, housing and opportunities in the region, I am sure that we will look at it closely.

UK-China Economic and Financial Dialogue

Martin Vickers Excerpts

Tuesday 14th January 2025 Commons Chamber

[Rachel Reeves]

Many of the benefits that we secured last week were for the financial services sector, and both Edinburgh and Glasgow are important hubs of financial services in the UK. Businesses such as Abrdn and Standard Chartered, which were on the delegation with me, have welcomed the tangible benefits, which will result in more jobs and more economic prosperity in Scotland and across the United Kingdom.

[Martin Vickers (Brigg and Immingham) (Con)]

It has been reported that the Chancellor was going to meet the owners of British Steel in China. Many of my constituents work at the Scunthorpe steelworks. While I appreciate that Ministers may not have reached a final decision on the steelworks, is she able to give reassurance to my constituents that she has had constructive engagement?

[Rachel Reeves]

My right hon. Friend the Business Secretary has met Mr Li, from Jingye, on a number of occasions. Talks are ongoing, but I am not able to provide an update on that today.

Agricultural and Business Property Relief

Martin Vickers Excerpts

Tuesday 14th January 2025 Westminster Hall

[Graham Stuart]

Once that farmland is lost, it is gone forever. It is certainly gone forever from the families who, generation after generation, have been prepared to invest their all—their time and their money—into an asset which they never seek to realise, but merely use for a very low return on capital employed, in order to feed the nation.

As somebody said to me, of all the groups that one might possibly target, of all the profit-maximising people it could be assumed might have the broad shoulders to pay more, why pick people who sit on a multimillion-pound asset, take a derisory income from it, and get up at four in the morning to feed us? Of all the groups to target, this is the most absurd. I hope the Minister, who has until 2026, can start to realise this.

[Martin Vickers (Brigg and Immingham) (Con)]

I met a farmer a couple of weeks ago in my constituency who is 80 years old and has made arrangements for passing his farm on to the next generation. However, the seven-year rule is unlikely to affect someone of that age. Does my right hon. Friend agree that a modest compromise could be made by the Government to allow for those sorts of situations?

[Graham Stuart]

My hon. Friend is absolutely right. I spoke to another farmer in my constituency and his farm is owned by three people, one of whom is his father—who has a third of it—and who has been in ill health lately, is in his early 80s and is highly unlikely to live for the next seven years. All the planning that they responsibly put into ensuring that that farm continues to contribute to waterways, the environment, and the nation’s food security has been cast aside and turned over by this Government’s ill thought-out plans.