Topical Questions — House of Commons, 2019-10-01
Topic: Macroeconomics
Questions: As my right hon. Friend knows, those affected by the devastating loan charge have welcomed the independent review, but feel that it would be better conducted by a tax judge. Does the Minister agree? Does he also agree that a suitable outcome of the review would be to apply the loan charge only from when it was introduced, in 2016, not retrospectively?; The former coalfields of England, Scotland and Wales have a combined population of 5.7 million. If they were treated as a single distinct region, that would be the poorest region in the United Kingdom. By any measure or definition, the coalfield communities are left-behind areas, so what fiscal policy steps is the Chancellor taking to address the specific structural and economic weaknesses of former coalfield areas such as mine in going forward with the shared prosperity fund?; The Cogent Power steel plant in my constituency is threatened with closure by Tata Steel but is the only plant in the UK that, with investment, could be capable of supplying electrical steels for the UK electric vehicle industry. If this Government are serious about building this new industry in the UK, will Ministers work with the Department for Business, Energy and Industrial Strategy to ensure that the plant has a future?; Last week, it was 75 jobs at Portastor and jobs have been lost at Nestlé. This morning I heard about the loss of 60 more skilled jobs across my constituency. Week after week, I am hearing of skilled job losses in the constituency. Instead of the Government talking about outplacement schemes, my constituents want their jobs. So how is the Chancellor investing in economies such as York’s?; Westfield and Hammerson are due to build a new shopping centre in my constituency. Westfield has been bought by Unibail-Rodamco, which is a large French developer, and it has concerns about the state of retail and Brexit, obviously. The previous Chancellor had just agreed to meet the chief exec of Unibail-Rodamco. Will the current Chancellor honour that commitment and meet them?; In June, HMRC said that at least 20% of the 10,000 trucks reaching Dover on day one of a no-deal Brexit will not comply with French customs, leading to very long delays and causing shortages of fresh food and medicines. How many non-compliant trucks does HMRC currently project at Dover on day one?; The real wages of working people are lower than they were before the global financial crisis, and while many Tory shires are better off, areas and residents like those in my constituency have been left behind by this Government. Is it not about time that this Government stopped lining the pockets of corporations and Tory shires and invested in people in communities like mine?
Sarah Louise Newton (Conservative, Centre-right): I very much welcome the Prime Minister’s announcement of pound-for-pound replacement through the shared prosperity fund of the EU funding that Cornwall receives. We are really ready in Cornwall to drive our economy forward. Will the Chancellor meet the local enterprise partnership and all Cornwall’s MPs, so that we can make rapid progress in designing that fund?