Oral Answers to Questions

Debate between Lord Hammond of Runnymede and Anna Soubry
Tuesday 24th October 2017

(6 years, 6 months ago)

Commons Chamber
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Anna Soubry Portrait Anna Soubry (Broxtowe) (Con)
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The Chancellor, in his efforts to secure a good Brexit deal and a transition period, has the confidence and support not only of Members on the Government Benches, but from across the whole of British business, including in Broxtowe—unlike the Labour party, which inspires complete fear with the Marxist mayhem it would put into policy if elected into government. Will my right hon. Friend confirm that it is in the best interests of British business to secure a transition period as a matter of some urgency, and will he do all he can to get that transition period?

Lord Hammond of Runnymede Portrait Mr Hammond
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Yes, British business has made it clear that it wants the earliest possible certainty about the implementation of interim arrangements. It has also made it very clear that it does not want any Marxist mayhem.

Class 4 National Insurance Contributions

Debate between Lord Hammond of Runnymede and Anna Soubry
Wednesday 15th March 2017

(7 years, 1 month ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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What we need to fund our NHS is a strong economy and a Government who have the political will to make the commitment that we have made to a £10 billion post-inflation increase in NHS spending. It is very nice to have a contribution from the Liberal Democrat Benches. I do not know whether that is a precursor of the Liberal Democrat manifesto for the next general election—we shall wait to see.

Anna Soubry Portrait Anna Soubry (Broxtowe) (Con)
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I commend the Chancellor for his statement. As somebody who was self-employed for many years, I know that the current system undoubtedly needs reform, in terms of contributions and benefits, so I look forward to Matthew Taylor’s report. Given that so many of the self-employed are sole traders and micro business owners, may I urge the Chancellor to look at the great work that Angela Knight has done on how the whole system could be improved? I am very happy to have a meeting with one of his junior Ministers, if he cannot have any such meeting himself, to discuss that further.

Lord Hammond of Runnymede Portrait Mr Hammond
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Angela Knight is the chairman of the Office of Tax Simplification, and we will of course seek its advice in this matter. I am grateful to my right hon. Friend.

Oral Answers to Questions

Debate between Lord Hammond of Runnymede and Anna Soubry
Tuesday 29th November 2016

(7 years, 4 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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No. It is not the Government’s business to sustain or manage the exchange rate in any way, as the hon. Gentleman very well knows. We have an inflation target, but exchange rates are set by markets and reflect market views about the economy and expectations of the trajectory of the economy in the future. He is absolutely right to observe that, over the past six months, we have seen some remarkable endorsements of the British economy through large inward investment decisions made by foreign inward investors.

Anna Soubry Portrait Anna Soubry (Broxtowe) (Con)
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May I congratulate the Chancellor on the £23 billion of extra money for this national productivity investment fund, which will confer huge benefits on the whole of the United Kingdom? Although I do not expect him to comment on the considerable merits of the A610 growth corridor and the improvements to the road at Giltbrook, I am very happy to meet him to persuade him of them. On a serious note, will he do everything he can to ensure that excellent schemes such as those are expedited and not caught up in what can sometimes be bureaucratic tangles?

Lord Hammond of Runnymede Portrait Mr Hammond
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It is an excellent scheme indeed. My right hon. Friend will know that it is not only the £23 billion of additional funding for economically productive infrastructure that was announced on Wednesday last week, but a core £150 billion of funding for the same defined purposes over the remainder of this Parliament and the Government’s commitment, repeated last Wednesday, to move to a roads fund from 2020, funded by the revenues from vehicle excise duty, all of which adds up to a sustained commitment to investment in our roads.

Autumn Statement

Debate between Lord Hammond of Runnymede and Anna Soubry
Wednesday 23rd November 2016

(7 years, 5 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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I might be a novice at autumn statements, but I am not such a rookie that I did not mention the NHS, so I suggest that the hon. Lady checks Hansard, where she will find that I definitely did. She talks about an aggregate trust deficit of £648 million that was projected at a point that is four months out from the end of the fiscal year. That is in the context of a budget of £110 billion in an NHS that holds a contingency reserve at the centre. My right hon. Friend the Health Secretary is well aware of such pressures, which are not particularly unusual. They are being managed inside the NHS, and I am of course keeping and will continue to keep a close eye on them with the Health Secretary.

Anna Soubry Portrait Anna Soubry (Broxtowe) (Con)
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I congratulate my right hon. Friend on a wide range of measures—short term, medium term and long term—that will undoubtedly turbocharge our economy and give it the boost it needs as we face the realities of Brexit. Does he agree that it has never been more important for British business to be at the heart of local enterprise partnerships, great ideas such as the midlands engine, and all the infrastructure plans? Such projects should be driven by British business, not politicians.

Lord Hammond of Runnymede Portrait Mr Hammond
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I absolutely agree with my right hon. Friend and I am grateful for her comments. I passionately believe that business should be engaged at the heart of this process—that is the right way to do it—and local enterprise partnerships and area-specific project organisations are a good innovation for delivering it. However, this is also part of meeting the challenge of regional imbalance, which as I said earlier is not just a social problem, but an economic problem. When we look at our productivity gap when compared with other advanced economies, we should logically look for the things in our country that are different from those in our comparators. The gap between our capital city and our other cities and regions is one of the defining features of the UK economy. By working with businesses from across the country and the regions, in particular by promoting our regional cities, we can at last start to address the problem.

Oral Answers to Questions

Debate between Lord Hammond of Runnymede and Anna Soubry
Tuesday 25th October 2016

(7 years, 6 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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That is a matter on which my right hon. Friend the Minister for the Cabinet Office leads, but I have a considerable understanding of the problem, as my own constituency was subject to serious flooding in 2013-14. I will talk to my right hon. Friend and make him aware of the hon. Lady’s concerns.

Anna Soubry Portrait Anna Soubry (Broxtowe) (Con)
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May I thank you, Mr Speaker, for allowing Nottingham to begin to take over Parliament today? My right hon. Friend the Chancellor knows of the great benefits of the queen of the east midlands, because he used to work in Nottingham, and he believes in the huge value of infrastructure projects. Is he minded, as he prepares his autumn statement, to bring forward HS2, making sure that the east midlands hub is in Toton in my constituency, and the electrification of the midlands main line, all of which will help the great city and county of Nottinghamshire?

Lord Hammond of Runnymede Portrait Mr Hammond
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Nottinghamshire is, indeed, a part of the country that I know well and have a great deal of affection for. The Government are completely seized of the need for infrastructure investment to support the productivity performance of our economy. My right hon. Friend the Transport Secretary will look at the priority to be afforded to different specific projects and will make statements in due course.

Army 2020

Debate between Lord Hammond of Runnymede and Anna Soubry
Thursday 5th July 2012

(11 years, 9 months ago)

Commons Chamber
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Anna Soubry Portrait Anna Soubry (Broxtowe) (Con)
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Will the Secretary of State be so good as to come to the reservist centre at the Chetwynd barracks and meet senior officers who told me on Sunday that they believe we need legislation if we are to deliver the number of reservists we clearly need?

Lord Hammond of Runnymede Portrait Mr Hammond
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I am going to publish a consultation paper in the autumn. We will explore through that consultation process whether other changes, possibly including legislation, are needed to give effect to our vision for the reserves.

Transport (Investment)

Debate between Lord Hammond of Runnymede and Anna Soubry
Tuesday 26th October 2010

(13 years, 6 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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I thank the hon. Lady for her comments and welcome her to the Dispatch Box. I welcome the tone of her initial remarks at least; I am sorry it degenerated a bit towards the end. I am also sorry to have to tell her that I cannot write as quickly as she can ask questions so I am not sure that I took them all down, but I will try to deal with some of the issues she raised.

On the departmental settlement, frankly I think it is a bit rich for the hon. Lady to say that an 11% reduction in transport capital expenditure is a disastrous settlement, because when her Government were in office they were planning a 50% cut in total public capital expenditure. In the comprehensive spending review, the Government had to take difficult decisions about what to prioritise. The Department for Transport faced the smallest reduction in capital expenditure of any Department and it now has the second largest capital budget in the Government. I would have thought that the hon. Lady would welcome that as a way of protecting transport infrastructure investment.

The hon. Lady asked about rail fares, and although today’s statement is not primarily about railways I am happy to deal with that issue. Of course I would have preferred not to raise the cap on regulated fare increases, but we faced a choice between going ahead with the investment in additional capacity to reduce overcrowding and improve the attractiveness of the railways to passengers or increasing fares, and I took the decision that the right long-term solution was to increase fares for a period of three years. But let me be clear: I agree with the hon. Lady that fares cannot increase indefinitely, and the medium-term solution to the challenge on our railways has to be getting the cost base down so that the railways are affordable for both passengers and the taxpayer, who supports the railways through subsidy.

The hon. Lady asked whether the schemes announced today would be completed later than originally planned. Most of these schemes did not have a specific timetable, but I can tell her this: over the next four years transport investment will be greater in cash terms than it was over the last four years, so we are not talking about some massive rescheduling of the programme.

The hon. Lady asked about consultation with local government. All the local authority schemes I mentioned today were, of course, proposed by local authority sponsors, and there is constant dialogue between local authorities and my Department. In line with Mr Speaker’s recommendations, we have made this statement first to the House of Commons, but local authorities will be informed during the course of today of what I have said about their schemes, and we will now engage in intensive dialogue with them as we take these proposals forward.

We believe that investment in highway infrastructure and local transport schemes is crucial to making the UK an attractive place for manufacturing investment, both indigenous and inward. As the hon. Lady knows, I cannot promise her that the jobs created directly by this investment will go to UK providers because the schemes will be subject to the European procurement directive rules and will have to be tendered in an open and transparent way, but I am sure that our announcements today will support the revival of the UK manufacturing base, which is critical to this country’s future.

Anna Soubry Portrait Anna Soubry (Broxtowe) (Con)
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While I welcome, after years of dithering by the last Administration, a decision on the extension of the tram network in Nottingham—one of the routes passes through my constituency—please will the Secretary of State look at Nottingham city council’s plans for a workplace parking levy? I also ask him to consider the effect of that levy on jobs in my constituency. Boots employs more than 7,500 people at the Beeston site. The workplace parking levy will threaten jobs throughout greater Nottingham.