Oral Answers to Questions

Debate between Lord Hammond of Runnymede and Hannah Bardell

Tuesday 29th January 2019 Commons Chamber

[Mr Hammond]

In a very short while, after a very important statement that is about to be made by my right hon. Friend the Financial Secretary to the Treasury, the Prime Minister will set out her case to the House, and the hon. Gentleman and all his colleagues will be able to consider carefully what is now in the national interest.

[Hannah Bardell (Livingston) (SNP)]

Can the Chancellor explain to people across the UK what the point is in balancing the books if it is done on the backs of the poorest in our society and they are being starved into shoplifting? In Dundee recently, a woman was left with £90 a month on which to live. The sheriff said that it was a matter of considerable concern that someone was trying to live on £90 a month. What does he say to the judiciary and what does he say to our citizens who are being starved into poverty?

[Mr Hammond]

Earlier in this session, I said that, if we want to have well-funded public services and a well-funded welfare support system, we must ensure that we have a sound economy. Part of having a sound economy is to get our deficit under control and our debt falling so that we are less vulnerable to shocks in the future. Our current levels of debt mean that this country is vulnerable in the event of an economic downturn. Such downturns come along from time to time, and we need to be able to manage them in order, precisely, to protect the poorest in our society.

Economy and Jobs

Debate between Lord Hammond of Runnymede and Hannah Bardell

Thursday 29th June 2017 Commons Chamber

[Mr Hammond]

The hon. Member for Livingston (Hannah Bardell) was first, so I will give way to her.

[Hannah Bardell]

I thank the Chancellor for giving way. I hope that he will be able to follow up my point of order and the point made by my hon. Friend the Member for Glasgow South West (Chris Stephens) about HMRC contracts, because the issue is very important to our constituents.

Is it not the case that we have a Prime Minister who disagrees with herself about Brexit, and that—as we now know from the “six jobs” former Chancellor—the whole Cabinet disagrees with the Prime Minister about the status of EU nationals? How on earth can we trust the Tories to run the country, let alone negotiate Brexit? This madness must end.

[Mr Hammond]

I will come back to the hon. Lady on the subject of her point of order, and to the hon. Member for Glasgow South West (Chris Stephens). My understanding is that an issue arose during purdah which involved the risk of immediate financial loss to HMRC, and that under the purdah rules it was able to engage in a negotiation to try to prevent that loss to the public purse. I will, however, write to the hon. Lady, and to the hon. Gentleman, setting out exactly what happened, and I will put a copy of the letter in the Library of the House.

Oral Answers to Questions

Debate between Lord Hammond of Runnymede and Hannah Bardell

Tuesday 19th July 2016 Commons Chamber

[Hannah Bardell (Livingston) (SNP)]

Given the Supreme Court’s ruling earlier this year, does the Chancellor have plans to review the Financial Conduct Authority’s failure to enforce the prospectus rules in the Lloyd’s enhanced capital notes case? One of my constituents has been fighting hard for pensioners, who have lost over £3.3 billion.

[Mr Hammond]

As indeed have constituents of mine, so I am familiar with this case from the point of view of a constituency MP. I have not yet had a chance to look at it from the point of view of a Treasury Minister, but I promise the hon. Lady that I will do so.

Oral Answers to Questions

Debate between Lord Hammond of Runnymede and Hannah Bardell

Tuesday 12th July 2016 Commons Chamber

[Hannah Bardell (Livingston) (SNP)]

20 . Scotland has benefited from access to EU research and a wealth of talented researchers and academics. The Guardian worryingly reported this morning:“Britain’s vote to leave the EU has unleashed a wave of discrimination against UK researchers”.Scottish universities and their staff are concerned. What is the Foreign Secretary’s message to the universities, research staff and workers that benefit from being part of the EU? How will he ensure that Scotland and its interests are protected?

[Mr Hammond]

This issue is not just about Scotland; it is much wider than that. I will say two things. First, as long as we are a full member of the EU and are paying the full sub, we must ensure that there is no discrimination against the UK, UK institutions, UK applicants for funding or UK citizens. Secondly, the point of negotiating an arrangement for Britain’s relationship with the EU 27 after we have left the EU is precisely to protect collaborative research, educational projects and cultural exchanges in addition to our important trading relationships.