Oral Answers to Questions

Suella Braverman Excerpts

Tuesday 19th July 2016 Commons Chamber

[Mr Gauke]

The position of the UK Government on corporation tax and the impact on developing countries is very clear. We believe in taxing the profits of economic activity that occur here, and that is as far as it goes. Over the last six years, we have consistently helped to build up tax capacity in developing countries and provided support to their revenue authorities so that they might be better able to collect the taxes that are due. The international system is moving towards helping those countries as well.

[Suella Fernandes (Fareham) (Con)]

T3. I congratulate the Chancellor on his appointment and ask that when he looks through his in-tray, he pick up the recent report from the all-party group on financial education for young people. I chaired the inquiry that produced the report, which concluded that while it was a positive step that financial education was included in the national curriculum, delivery was still too patchy, meaning that millions of children were ill-equipped to deal with money when they left school. Will my right hon. Friend commit to making that issue a priority?

[The Economic Secretary to the Treasury (Simon Kirby)]

I know that my hon. Friend takes a keen interest in this interesting and increasingly complex matter. It is very important that people have the skills they need to help them to navigate financial matters, which is why in 2014 the coalition Government made financial education part of the national curriculum in English schools. That said, I am quite happy to concede that there is more work to be done.