argyrotsipi/train-dataset huggingface dataset:
Topical Questions — House of Commons, 2018-03-13
Topic: Foreign Trade
Questions: I am grateful to Carl Webb, my Communication Workers Union regional political officer, for bringing to my attention the BT Sport call centre in my constituency, which is paying the minimum wage to agency workers beyond 12 weeks using the Swedish derogation. The Taylor report talked about getting rid of the Swedish derogation, so when are the Government going to act to protect some of our lowest paid workers?; Late and non-payment of retention payments in the construction industry is affecting small firms in Moray and across the UK. When will Ministers deal with that issue?; Does the Minister agree that there is overwhelming evidence that migrant workers, including EU nationals, make a hugely positive contribution to business, the economy and our public finances, and that they do not undermine wages?; According to the tidal energy industry leader Tidal Lagoon Power, Southport is considered to be one of the best locations in the United Kingdom for a tidal lagoon. Will my right hon. Friend therefore meet me to discuss the possibility of bringing tidal energy to Southport?; Does the Minister agree that the south-west is a great region in which to do business? Will he join me in recognising the work of the Barnstaple and District chamber of commerce, which I met on Friday, in promoting North Devon as, without doubt, the region’s economic powerhouse?; The banking scandals at RBS destroyed thousands of businesses, but the owners of those businesses have no means of seeking justice or recompense. Will the Minister support the proposal of the all-party group on fair business banking and finance for redress through an independent tribunal system?; Last October’s “Made Smarter” review set out how manufacturing businesses in East Renfrewshire and across the UK can be transformed through the adoption of industrial digital technology. How will the Government support “Made Smarter” now that it has been announced as a deal in development in the industrial strategy?; Given our close defence and trading relationship with the United States, will the Minister reassure the House that he is making efforts to secure an exemption for UK-produced steel and aluminium products from next week’s imposition of tariffs?
Gregory David Clark (Conservative, Centre-right): It would be wrong of me to disclose conversations that took place in Cabinet—my right hon. Friend understands the requirements of collective responsibility—but it is no secret to anyone in this House that I regard the fact that the success of the automotive sector depends on integrated supply chains as good evidence of what type of trade agreement is needed. That was highlighted in the excellent speech made by my right hon. Friend the Prime Minister at the Mansion House.
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Kenneth Clarke (Conservative, Centre-right): I congratulate my right hon. Friend on his very forceful statement based on competent government and grown-up politics, which are worlds that the shadow Chancellor will never enter. When my right hon. Friend comes to prepare his Budget for November, I am sure he will be looking for any new source of taxation that may be needed to put even more money than he already has into the NHS and social care, which are facing vast increases in demand May I suggest that my right hon. Friend looks at some of the extraordinary anomalies he has inherited in the tax treatment of older prosperous people in full-time work in this country? [Laughter.] Well, I think I am perfectly well placed to make my point and cannot be accused of personal bias. It is absurd that older employees pay less tax on their income than their younger colleagues because they do not pay national insurance. It cannot be right that people in large houses enjoying capital gains from the housing market have those disregarded for means test purposes if they ever need certain types of social care. As the early Budgets in a Parliament are a time for tough and difficult decisions, will my right hon. Friend let me know that he will be looking at those much overdue anomalies, which need to be addressed? Some justice between the generations, I think, is being demanded by our constituents.
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Philip Hammond (Conservative, Centre-right): I am a great fan of the concept of intergenerational fairness. My right hon. and learned Friend will know, as a former Chancellor of the Exchequer, that all Chancellors look at all options in the run-up to every Budget. I can undertake that I will do so in the run-up to Budget 2018. In the meantime, I can tell him that there is a mechanism for voluntary donations to Her Majesty’s Treasury, and in case he has mislaid it, I will send him a copy of our bank details.
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Philip Hammond (Conservative, Centre-right): Probably a matter of rather more immediate urgency for the people of Scotland is how their economy will withstand the highest rates of taxation in the United Kingdom—an economy that, under the SNP Government, is already growing more slowly than the economy of the United Kingdom. I do not know about a sinking ship; I suggest to the right hon. Gentleman that this is about keeping afloat The right hon. Gentleman talks about earnings. I suggest that he looks at real household disposable income, which, as I am sure he knows, is now 4.4% higher than at the start of 2010. We have cut taxes for 31 million people across this country, at a time when his Government are putting taxes up. We have taken 4 million people out of taxation, improving the ability of people to retain their hard-earned incomes The right hon. Gentleman talks about Brexit, spreading alarm, but he knows very well that my right hon. Friend the Prime Minister is working tirelessly to deliver a Brexit that will secure British jobs, British businesses and British prosperity. We would be aided in that enterprise if he and his Government worked closely with us to deliver an outcome that is good for the whole of the United Kingdom The right hon. Gentleman talks about Scotland’s budget and the block grant, but of course Scotland now has its own tax-raising powers, and the people of Scotland know how he intends to use them. Perhaps he has forgotten, but I will try to help him with his short-term amnesia: at the autumn Budget in 2017—just four months ago—Scotland received an additional £2 billion of funding as a result of the measures announced then As for the VAT on police and fire services measures being vindictive, the Scottish National party Government were told explicitly that it would not be possible to refund VAT if they went ahead with the police reorganisation, and they decided to do so anyway. He may use the adjective "vindictive", but I suspect my right hon. and hon. Friends will be able to think of another adjective to describe a Government who pursued such a ridiculous course of action.
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Philip Hammond (Conservative, Centre-right): I am grateful to my right hon. Friend. We have already relaxed the borrowing cap for local authorities in areas with high demand and low affordability. We will monitor the consequences carefully and keep how it delivers under continuous review.
Spring Statement — House of Commons, 2018-03-13
Topic: International Affairs
Philip Hammond (Conservative, Centre-right): As the hon. Gentleman knows, I am committed to delivering a Brexit that protects British jobs, British businesses and British prosperity, and I spend a significant amount of my working time ensuring that that is the route we follow. I expect that we will make further progress at the March European Council. I understand the concerns that he expresses on behalf of British businesses, but I talk to businesses all day, every day, because that is my job—[Interruption.] The shadow Chancellor says so does he, so he will know this already. Business is concerned about what the consequences of a bad Brexit deal could be, but business is much more concerned about the consequences of the policies advanced by his right hon. Friends on the Opposition Front Bench.
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
George Iain Duncan Smith (Conservative, Centre-right): May I say what a huge pleasure it is to hear the Chancellor so upbeat, and indeed Tiggerish? He has a right to be so, given that unemployment is at its lowest level for 40 years, and manufacturing is seeing its best performance for 50 years. Given his answer to our right hon. and learned Friend the Member for Rushcliffe (Mr Clarke) on looking at every avenue for money, and given that we will be about four months away from our official departure date, at the next Budget will my right hon. Friend consider setting out in the Red Book what he plans to do with the money that we will no longer have to pay in contributions to the European Union?
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Philip Hammond (Conservative, Centre-right): It is always a pleasure to hear from my right hon. Friend. We are absolutely not complacent, because there are many challenges as well as opportunities ahead of us, but we have a plan to embrace the opportunities and rise to the challenges. This country has many advantages that our neighbours would give their right arm to enjoy. We must go forward robustly and in good heart to seize those opportunities and make the best of them for the future. On his specific point, of course in the forthcoming Budget we will look at taxation and spending over the future period. The OBR, of course, will decide what to present in its report to the House. He will have an opportunity to question OBR officials about their approach when they appear before the House shortly after the Budget statement.
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Philip Hammond (Conservative, Centre-right): The hon. Lady is right to raise this issue. It is something we keep under constant review, and I talk regularly with the Governor of the Bank of England about personal debt. She will probably know that personal household debt rose in all but one of the 13 years of the Labour Government, and it is now lower than it was before the financial crisis. The judgment of the authorities at the moment is that household debt levels are sustainable, but she is right to draw attention to it. It is something we keep under close review.
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Justine Greening (Conservative, Centre-right): Can the Chancellor give more detail on the announcement that the Office for National Statistics will work with the Treasury on a more sophisticated measure of human capital? In a knowledge-based economy, that becomes more crucial than ever for driving our economic productivity. Can he give us more detail on the timelines and the nature of that work?
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Philip Hammond (Conservative, Centre-right): I am glad that my right hon. Friend has asked this question, because it gives me an opportunity to thank her for sparking this line of inquiry in a letter she wrote to me. I did challenge the Treasury with the idea that it is more focused on the returns to infrastructure investment than on skills investment. When we looked at it in detail, we discovered that the metrics for measuring the returns to investment in human capital are not as well developed as they should be. That is something the ONS has to take forward, but it is important, as we move increasingly into a knowledge-based economy, with a huge set of technological changes ahead of us, that we can compare appropriately and objectively investment in physical infrastructure with investment in human capital, and that is what we will be able to do if we get the new metrics right.
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Philip Hammond (Conservative, Centre-right): First, the right hon. Gentleman knows, as I do, that our economy still faces uncertainty as we go through the negotiation process with the European Union. I am convinced, from every conversation I have had with business leaders and investors, that as we deliver greater clarity about our future relationship with the European Union over the coming months, we will see business investment and consumer confidence increasing. We beat the forecast in 2017. Let us beat it again in 2018. I do believe that economic growth matters. The shadow Chancellor says that it does not matter what the level of GDP is, but I do not agree—[Interruption.] Well, I will send him the quote if he cannot immediately recall what he said. I do believe that GDP matters, because it is what drives living standards. We are putting extra money into public services—£11 billion since I have been Chancellor. I agree that we have a major challenge in the housing market. We have put a significant amount of money—£44 billion—into dealing with the challenge over the rest of this Parliament, but there are significant non-financial constraints on being able to do more, such as physical bottlenecks in relation to skilled labour and materials. But it is something we will keep under review.
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Edward Julian Egerton Leigh (Conservative, Centre-right): Perhaps the current Conservative Chancellor of the Exchequer could remind the previous Conservative Chancellor of the Exchequer that, given where our electoral support comes from, it might not be wise politics to impose a targeted new tax on our older supports. He could also remind our right hon. and learned Friend that he will be delighted to know that after we leave the EU we will be saving £12 billion a year in contributions.
Spring Statement — House of Commons, 2018-03-13
Topic: Social Welfare
Philip Hammond (Conservative, Centre-right): I am grateful to my right hon. Friend, who has done a great deal of work on this issue. We are absolutely aware of the pressures on the social care system. They are not short-term pressures; they are driven by the demographics of an ageing population. We have to do three things. In the short term, we have provided additional money. In the spring Budget last year, I put in £2 billion of additional support. My right hon. Friend the Secretary of State for Housing, Communities and Local Government put in another £150 million of social care grant at the local government settlement just a few weeks ago. In the medium term, we have to work to get all authorities meeting the standards of the best. There is excellent practice across the country, but it is not everywhere. The variation in delayed discharges between different authorities is completely unacceptable. In the long term, we are committed to publishing a Green Paper on social care and the future of social care, which we will deliver to the House before the summer recess.
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Philip Hammond (Conservative, Centre-right): I will perhaps remind the hon. Lady that the OBR’s autumn report in November was only four months ago and that in the normal course of events one would not expect, in the absence of some shock to the economy, economic forecasts to change very significantly. The front-end forecast has changed, because the outturn for 2017-18 has changed. The OBR forecast growth 0.2% lower than it turned out to be in 2017-18 and that has a knock-through effect, which has increased its growth projection for this year.
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Stephen William Hammond (Conservative, Centre-right): Investing in our economy creates jobs and growth, and successful businesses drive that. Will my right hon. Friend tell the House how much the corporate tax take has gone up since the cut in corporation tax? Will he confirm that he will do nothing to hinder our internationally competitive corporate tax rates?
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Philip Hammond (Conservative, Centre-right): Yes, I can. I am happy to tell my hon. Friend that since we reduced the rate of corporate tax to 19%, the yield—the amount of tax we raise for our public services, our hospitals and schools—has gone up 54%. It is clear that being one of the most competitive tax jurisdictions in the G20 is one of the determining factors in many investment decisions coming to the UK, creating the jobs and prosperity we need for the future.
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Mark James Harper (Conservative, Centre-right): May I draw the attention of the Chancellor to the recent research published by the International Monetary Fund, which shows that the choice we made in 2010 to deal with the deficit primarily by controlling spending rather than raising taxes, as the Opposition would have done, was the right choice? It meant that the economy grew faster than those of our European competitors and has put him in the position where he can deliver more money for our priorities, while reducing the debt in the balanced way he has set out.
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Philip Hammond (Conservative, Centre-right): I am grateful to my right hon. Friend. He is right: it was the right choice. Because we made that choice, throughout that period employment in this country continued to grow. We avoided the very high levels of unemployment suffered by many of our European neighbours. We avoided the catastrophic, generation-blighting levels of youth unemployment suffered by many of our European neighbours, which will be affecting their economies and societies not just for a few more years but for 30, 40 or 50 years to come. It was the right decision. We have executed our plan and we should stick to it.
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Philip Hammond (Conservative, Centre-right): I am clear—I think I have alluded to this already—that one of the factors depressing the forecast growth is the uncertainty that still exists around the economy. If the hon. Lady, like me, expects that uncertainty to dissipate over time, she should look through it to the fundamentals of our economy and its underlying strengths. This economy is in a fundamentally good shape. Once we can restore confidence and certainty about our future path, I am confident that those fundamental strengths will deliver increased economic growth.
Spring Statement — House of Commons, 2018-03-13
Topic: Labor
James Roger Cartlidge (Conservative, Centre-right): My right hon. Friend made a fantastic statement. Does he join me in welcoming the 65% fall in youth unemployment in South Suffolk since 2010? Does he agree that while my right hon. and learned Friend the Member for Rushcliffe (Mr Clarke) is entirely right to mention inter- generational fairness, the worst form of intergenerational unfairness would have been to allow our youth unemployment to peak at socially dangerous levels, as it has in the rest of Europe?
Spring Statement — House of Commons, 2018-03-13
Topic: Labor
Philip Hammond (Conservative, Centre-right): My hon. Friend is absolutely right. I welcome the very large fall in youth unemployment in his constituency, but that will be from a base that was very much lower than what has come to be considered normal by many of our European neighbours. As he rightly says, this is not just an economic factor, but a societal factor. Persistent high levels of youth unemployment have a hugely damaging effect, as we have discovered in the past in this country to our cost. If someone is unemployed during their formative years, they are far more likely to remain unemployed and unemployable for the rest of their working lives.
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Jacob William Rees-Mogg (Conservative, Centre-right): The OBR’s report—I refer to table B.7 and chart B.4—assumes that the Brexit dividend will be recycled into ordinary expenditure. I wonder whether the Chancellor accepts that conclusion. If so, what thought has he given to spending this money, and is the NHS near the top of his list?
Spring Statement — House of Commons, 2018-03-13
Topic: Transportation
Philip Hammond (Conservative, Centre-right): I am tempted to say, "Eeyore." I think that the hon. Lady is making a fundamental mistake by linking the road building programme to air quality. I urge her to take at least a medium-term view of the world. The vehicle fleet is decarbonising. Certainly within her lifetime, if not mine, we will have fully electric vehicles, and probably autonomous ones as well. We should think of the road building programme not as a negative feature, but as an enabler in the transformation of how our vehicle fleet works. We have made announcements today, and I hope that she will be pleased with the consultation on VED for vans. This is a much-needed approach to incentivise van drivers to buy the cleanest and greenest vehicles available.
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Robert Henry Halfon (Conservative, Centre-right): I strongly welcome the housekeeping dividend that my right hon. Friend set out in the spring statement, particularly with its focus on the cost of living and skills. In the forthcoming Budget, I ask him to continue that focus on the cost of living, to maintain the freeze in fuel duty, and to develop a skills strategy with the Department for Education to ensure that we meet the needs of the fourth industrial revolution.
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Philip Hammond (Conservative, Centre-right): If my right hon. Friend will forgive me, I will not make a commitment ahead of the next Budget on any specific tax or duty measures, but of course we will maintain the focus on the cost of living and living standards. He will know—I certainly know—that one of the biggest problems that we have faced over the last year has been the impact on real wages of high levels of inflation. Getting that inflation back down to target is a crucial priority, and I am delighted that we will see real wages rising again from next month as a result of falling inflation and strong nominal wage growth.
Spring Statement — House of Commons, 2018-03-13
Topic: Education
Anne-Marie Belinda Trevelyan (Conservative, Centre-right): It was excellent to hear the Chancellor talk about educational investment and our human capital. Further to the comments made by my right hon. Friend the Member for Putney (Justine Greening), will he explain further whether the Treasury will create standards that will technically value human capital across our Government Departments? That can then drive decision making so that taxpayers’ money is best spent to maximise the human capital that we invest in so much through education and training, rather than being wasted.
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Philip Hammond (Conservative, Centre-right): We have asked the ONS to look at this and to consider the metrics that we could use. The objective is to be able to assess clearly where the marginal pound of capital investment should go to achieve the best effect on the economy. Without wanting to pre-empt the outcome of that work, I suspect that in the future, in a very rapidly changing economy, we will find that retraining and upskilling will be a very large part of our investment requirement.
Spring Statement — House of Commons, 2018-03-13
Topic: Macroeconomics
Andrew James Bridgen (Conservative, Centre-right): Has my right hon. Friend made any assessment of the Venezuelan economic model that is so favoured by the shadow Chancellor? I understand the Venezuelan Government have made huge progress on reducing income inequality. Unfortunately, as is always the case with socialism, they have done so by pushing 80% of the population into poverty.