The Growth Plan Debate

Full Debate: Read Full Debate
Department: HM Treasury

The Growth Plan

Virginia Crosbie Excerpts
Friday 23rd September 2022

(1 year, 7 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Kwasi Kwarteng Portrait Kwasi Kwarteng
- Hansard - - - Excerpts

It is a very basic lesson. We currently tax bonuses at about 50%, which goes into public services. It is absolutely legitimate to get more people into the labour market. That seems to be a reasonable thing to want to do.

Virginia Crosbie Portrait Virginia Crosbie (Ynys Môn) (Con)
- Hansard - -

As chair of the Anglesey freeport bidding consortium, I am delighted with the announcement of new investment zones by the UK Government. Can the Chancellor say what that means for Ynys Môn and its freeport bid, especially with a deadline to submit by 24 November?

Kwasi Kwarteng Portrait Kwasi Kwarteng
- Hansard - - - Excerpts

Ynys Môn has a fantastic Member of Parliament in my hon. Friend, and we are focused not only on freeports, but on the future of nuclear. Ynys Môn represents a hugely exciting opportunity in that regard.