Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Robert Jenrick Excerpts
Tuesday 7th June 2016

(7 years, 10 months ago)

Commons Chamber
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Damian Hinds Portrait Damian Hinds
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I know that my right hon. Friend was in the hon. Lady’s constituency yesterday. Northern Ireland is of course in a particularly sensitive position because of the land border with the Republic of Ireland, which would be a land border with the EU if we left. There are more people in work in Northern Ireland than ever before and we need to protect that.

Robert Jenrick Portrait Robert Jenrick (Newark) (Con)
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5. What fiscal steps he is taking to support business.

George Osborne Portrait The First Secretary of State and Chancellor of the Exchequer (Mr George Osborne)
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The Government are backing small and large businesses as part of our long-term economic plan. Our corporation tax rates are the lowest in the G20 and will fall even further to 17%. In the Budget, we cut the business rates burden in England for all rate payers and ensured that 600,000 businesses permanently pay no rates at all. This is a Conservative Government who support businesses and the jobs they create.

Robert Jenrick Portrait Robert Jenrick
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In towns such as Newark, where 11,000 new jobs have been created under this Government, the task ahead is to attract not just any businesses but those that ensure that people are well paid. With that in mind, does the Chancellor acknowledge and agree that not only have 900,000 new businesses been created since 2010, but that the latest research by NatWest shows one in four working people are now in high-skilled, well-paid jobs?

George Osborne Portrait Mr Osborne
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My hon. Friend is right to point out all the good things that are happening in Newark. Across the east midlands, we have seen the creation of 53,000 new small and medium-sized businesses since we came into Downing Street—a remarkable achievement. We have to ensure that we continue to move people up the job scale and that their wages continue to grow. The good news is that of the jobs being created at the moment 80% or so are full time and the majority are in skilled occupations.

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John Bercow Portrait Mr Speaker
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Order. Let me gently mention that we have already heard from the hon. Member for Newark (Robert Jenrick)—I remember very well his question, and I rather hope he does. It is one per session—[Interruption.] He can try again at topicals, but not in substantives.