Stewart Hosie
Main Page: Stewart Hosie (Scottish National Party - Dundee East)Department Debates - View all Stewart Hosie's debates with the HM Treasury
(5 years, 5 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Philip Hammond
Yes. The Treasury regularly receives independent assessments that tell us that taxes cost us more than they deliver to us, and I can assure my hon. Friend that the Treasury always does its own modelling to reach its decisions.
Stewart Hosie (Dundee East) (SNP)
The Chancellor is aware of the sad news about the Michelin plant in my constituency; its potential closure in 2020 would mean the loss of 850 jobs. It is early days, but may I ask the Chancellor for a straightforward commitment to work constructively with the Scottish Government and others—who are meeting representatives of the business today—to do whatever he can to preserve quality manufacturing on the site, and to protect and preserve as many jobs as possible?
Mr Hammond
I am grateful to the hon. Gentleman. Of course we will work constructively with the Scottish Government to ensure that we can mitigate in every way possible the impact on the community of these very large numbers of job losses.