"Thank you for your indulgence, Mr Speaker. I just want to say a few words in support of amendments 7 and 8. They are Brexit-neutral, in the sense that they require the House to approve any change, but of course they relate primarily to no deal. The fiscal issues, as …..." Vince Cable - View Speech
"The Government have confirmed this morning what the independent National Institute for Economic and Social Research set out yesterday: relative to continued membership of the European Union, the country will be substantially poorer, with no Brexit dividend for the budget relative to the position now. Is it not also the …..." Vince Cable - View Speech
"I wish to say a few words about amendment 18, which would remove clause 5. I spoke on this at length on Second Reading, so I do not need to say a great deal.
The difficulty with clause 5 is that it combines two very different measures, the first being …..." Vince Cable - View Speech
"I wish to say a few words in support of the amendment in my name, about the economic context and specifically on some of the tax measures. Everything we are talking about, whether on the tax side or the spending side, depends on the overall performance of the economy and …..." Vince Cable - View Speech
"I think there are separate sets of figures, but I thank the hon. Gentleman for his clarification. His first point is particularly interesting, and I thank him for his rapid desktop research. His figures suggest there is potentially a very big tax increase in the pipeline, which is one of …..." Vince Cable - View Speech
"Yes. All the evidence we have shows that net migration has had a positive effect not only on the economy, in per capita terms, but on Government revenue because, by and large, these are young people who work and pay tax revenue to the Government. I totally share the hon. …..." Vince Cable - View Speech
"That was at the heart of the Dilnot proposals that Lib Dem Ministers sponsored and supported in government. If that is the idea, we do not have any problem.
On the income tax changes, and particularly the lifting of the higher-rate threshold at a cost of about £1.3 billion, I …..." Vince Cable - View Speech
"It is a good policy, in general, to eliminate fiscal drag, and the Government should do that. But it is a question of priorities, and the disparity between standard-rate taxpayers, who stand to gain £130 a year from this measure, and upper-rate taxpayers, who stand to get £800 a year, …..." Vince Cable - View Speech
"The Chancellor will already be aware that the £400 million for “little extras” has gone down like a lead balloon with schools that cannot afford the basics, but will he explain why there was not even a penny of additional money for post-16 colleges, most of which are in a …..." Vince Cable - View Speech