Mike Penning
Main Page: Mike Penning (Conservative - Hemel Hempstead)Department Debates - View all Mike Penning's debates with the HM Treasury
(4 years, 7 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Sajid Javid
The hon. Gentleman should know that the Bank of England is independent, and therefore monetary policy decisions are independent. I know that his friends on the Opposition Front Bench do not recognise or respect that, but it is a very important part of our economic system.
Sir Mike Penning (Hemel Hempstead) (Con)
The Chancellor will know that one of the Government’s fiscal policies that is fundamentally wrong is the loan charge retrospective taxes on our constituents. Whether it is one death, no deaths or seven deaths, families are being destroyed because of the retrospective charge. Surely we should put a stop to it now.
Mr Speaker
Order. The matter in hand is the effect of fiscal policies on living standards.