argyrotsipi/train-dataset huggingface dataset:
The Economy — House of Commons, 2015-06-04
Topic: Macroeconomics
George Gideon Oliver Osborne (Conservative, Centre-right): If we had listened to the SNP there would be a massive hole in Scotland’s public finances because of the price of oil. We are obviously going to be hearing a lot more from SNP Members in this Parliament because of their numbers. If there are cuts that they oppose, let me point out that the Scottish National party in Holyrood has the power to increase taxes to increase spending. It has the power to increase income tax already and it is getting more powers next year to do so. When it comes to complaints about public expenditure, it is time for the SNP to put up or shut up Let me turn to economic security and public spending. Economic security is at the heart of everything. Without economic security, families cannot be supported, people cannot buy homes, businesses dare not invest, and jobs are not created. Without economic security, there are no aspirations, no opportunities, no hopes, and no ambitions. We cannot have economic security in a country that borrows too much and spends too much and does not live within its means. When confronted with the synthetic cries of Labour Members who claim to be standing up for the poorest in our country, let us also recognise this: the people who suffer most when Britain cannot pay its way, spends more than it can afford and sees security give way to instability are not the richest in this country but the poorest. When the economy fails, it is the poorest who lose their jobs and see their incomes cut and their dreams shattered. That is what we saw five years ago when there was no money left. For as long as Labour Members fail to understand that, they will remain the anti-worker party Economic security is at the heart of everything we offer, and it will be at the centre of the Budget I present to this House on 8 July. The budget deficit is less than half what it was, but at 4.8% it is still one of the highest in the world. Our national debt as a share of national income—
The Economy — House of Commons, 2015-06-04
Topic: Macroeconomics
George Gideon Oliver Osborne (Conservative, Centre-right): I absolutely will do that. I remember my visit with my hon. Friend to his constituency to meet some of the small businesses on the high street who depend on the people in this House delivering economic security and stability for this country, and that is what we are determined to do The global economy is full of risks at present. We should be redoubling our efforts to prepare Britain for whatever the world throws at us in the coming years, not easing off. The time to fix the roof is when the sun is shining. So in the Budget and in the spending review that follows, we will take the necessary steps to eliminate the deficit and run the surplus required in good times to bring debt sustainably down. That is what we promised in the election, and it is what we aim to deliver in government. I am not going to pretend to the House that these will be easy decisions, but nor will I pretend to the public that we can avoid taking them—we cannot. We have a structural budget deficit—we spend more than we collect in taxes—and that is not going to be fixed by economic growth alone. We have to bring spending down so that our country lives within its means As with any challenge, the sooner you get on with it, the better, and that is what we do today. Over the past five years we have brought a culture of good housekeeping to Whitehall. In every year of the previous Parliament—
The Economy — House of Commons, 2015-06-04
Topic: Macroeconomics
George Gideon Oliver Osborne (Conservative, Centre-right): I will make a little progress, if the hon. Lady does not mind. As I say, lots of Members want to get in on this debate later In every year of the previous Parliament, Government Departments kept their spending not just within budget but well under budget. Outside key protected areas like the national health service, those budgets have been reduced year on year to more sustainable levels. At the start of this Parliament, it is important that we continue to control spending in the same vein. Two weeks ago, my right hon. Friend the new Chief Secretary asked Government Departments to seek further savings beyond the £13 billion of savings that they are already delivering this year. I can report today that together we have got straight back to the task in hand. We have found a further £4.5 billion of savings that we can make to the Government budget this year, including sensible asset sales. Some £3 billion of these extra savings come from finding more efficiency in Whitehall Departments and from the good housekeeping of coming in under budget. The breakdown per Department is being published by the Treasury today There is another component to this: I am today announcing that the Government will begin selling the remaining 30% shareholding we have in Royal Mail. It is the right thing to do for Royal Mail, for the businesses and families who depend on it, and, crucially, for the taxpayer. That business is now thriving after we gave it access to investment from the private sector in the last Parliament. There is no reason we should continue to hold a minority stake. That stake is worth about £1.5 billion at current market prices Of course, share prices fluctuate and the final value will depend on market conditions at the point of sale. We will sell our stake only when we can be sure that we are getting value for money, but let us be clear: holding over £1 billion of Royal Mail shares in public hands is not a sensible use of taxpayers’ money. By selling it, we help that important national business to prosper and invest in the future, while we use the money we get to pay down the national debt and pay less interest on that debt as a result. It is a double win for the taxpayer, for we on this side never forget that it is not our money or the Government’s money; it is the money that people work for and pay in taxes, and entrust to us to spend wisely.
The Economy — House of Commons, 2015-06-04
Topic: Macroeconomics
George Gideon Oliver Osborne (Conservative, Centre-right): We made this announcement to the House of Commons, and the detail is there for people to examine. There will be estimates debates as usual, but there is a very simple question: does the Labour party support further savings in public expenditure? If it does not, that means the Labour party wants to increase borrowing, increase taxes and take this country back to square one and repeat all the mistakes it carried out in office—and, indeed, repeat all the political mistakes that meant it went down to a historic election defeat just a month ago.
The Economy — House of Commons, 2015-06-04
Topic: Macroeconomics
George Gideon Oliver Osborne (Conservative, Centre-right): I have given way to the hon. Gentleman. He will have his opportunity Further savings in Departments this year, selling our stake in Royal Mail, getting on with what we promised, and reducing the deficit—that is how to deliver lasting economic security for working people, for as everyone knows, when it comes to living within your means, the sooner you start, the smoother the ride We continue today to deliver on our long-term economic plan. The measures in this Queen’s Speech back aspiration and opportunity, but they rest on the bedrock of economic security that our plan has delivered and continues to deliver. We have taken further steps today to prioritise that economic security. It is the security that the working people of this country elected this Government to provide, and I commend the Queen’s Speech to the House.
The Economy — House of Commons, 2015-06-04
Topic: Macroeconomics
Kenneth Clarke (Conservative, Centre-right): I congratulate the right hon. Member for Doncaster North (Edward Miliband) on his forceful and good speech, and on his resilience in coming here and facing the House with such dignity and distinction. I, too, pay tribute to the way in which he fought for his principles and his cause in the election. Indeed, it causes me slight annoyance that in the leadership election that has broken out in the Labour party, some of the people who a month ago were his greatest admirers, his most loyal colleagues and those closest to his cause are now busily detaching themselves and attempting to scapegoat him for the problems that the Labour movement experienced In my opinion, for what it is worth, the right hon. Gentleman fought a very good election campaign. It was much better than anybody expected, because of the expectations that the tabloid press had raised. I thought he put the message across very well. I thought the message was wrong, and that was the judgment of the majority of constituents in my constituency and my part of the world. It is not the case that his performance had anything to do with the result. Apart from the great events in Scotland—[Hon. Members: "Hear, hear!"] Apart from the remarkable, almost bizarre, events in Scotland—the SNP is equalled only by Syriza in Greece on economic policy—and the very welcome events in the south-west, which were also very unkind because I lost many good colleagues in government as a result, the underlying basis of the majority that we won, to most people’s surprise, was the judgment of sensible people on economic competence and our record on the economy I do not think the election campaign made very much difference to the result one way or the other. My part of the country, the east midlands, is thick with marginal seats. We won all of them and added gains by taking back Derby North. In the end, people saw what we had inherited economically and what we had done over the previous five years. They recognised our economic competence and accepted the message that the job had to be completed. When listening to the Labour party’s message, however it was presented, they simply decided that they could not take the risk of changing the Government. When the problem arose that the SNP would apparently be able to hold a Labour Government to ransom in what was bound, because of the tsunami in Scotland, to be a hung Parliament if Labour won, that made a little bit of difference, but the result was mainly down to economic competence.
The Economy — House of Commons, 2015-06-04
Topic: Macroeconomics
Kenneth Clarke (Conservative, Centre-right): I look forward to a little party political debate with the right hon. Gentleman again. As I have said, what decided the election was the coalition Government’s extraordinary record. It was a particular tribute to my right hon. Friend the Chancellor, closely assisted, as he said, by Danny Alexander, the former Member for Inverness, Nairn, Badenoch and Strathspey, who was an excellent Chief Secretary, in getting the affairs of the nation back in order and steering us to some of the most successful economic results in the western developed world, which is what we have now What concerns us now, in this Parliament, is what judgment the public and history will make of this Government when they look back in five years’ time, or whenever. That will crucially depend on whether we finish the job and deliver the modern, more balanced, competitive economy that will give our children and grandchildren greater security and a better quality of life. That is the task we have set ourselves, and it is not going to be easy At the moment we are all enjoying the hubris of victory, as far as my party is concerned, or the relief of being back here just opposing, as far as the Opposition parties are concerned. On the surface the task looks easy, because at the moment our economy is growing more strongly than almost any other in the western world, employment is soaring because of our flexible labour market, which we should keep that way, our inflation is low, and real pay is at last beginning to rise as the benefits of recovery get through to every level of society. However, it would be a false assumption to think that it is plain sailing from now on, that everything will continue in that way and that the risks have vanished domestically and abroad, so we can take easy measures to reward those who voted for us. The world is not like that I take encouragement from what I took to be the Chancellor’s message. He has announced a July Budget, because he wants to take the opportunity while the economy is growing to take some of the tough and difficult decisions that the Government still have to take. I certainly encourage him to do so. In my part of the world—Nottinghamshire, Derbyshire, the east midlands—the people who voted for us knew that there were still tough and difficult decisions to take. They were not seduced by the speeches of those whose only examples of what they intended to do were ways of spending money or rather short-term popular things. The sooner we get on with tackling the underlying problems—including, as my right hon. Friend the Chancellor has reassuringly just confirmed, the debt and the deficit—the better we will be able to get on with all the other things that need to be done, which will enable our economy steadily to get back on to a stronger and more secure footing.
The Economy — House of Commons, 2015-06-04
Topic: Education
Neil Carmichael (Conservative, Centre-right): I thank my right hon. and learned Friend. Does he agree that one of the key tasks is to keep up the pressure to improve our skills agenda, so that we can ensure that our young people continue to contribute to a productive economy and increase our capacity to develop, innovate, research and develop and manufacture?
The Economy — House of Commons, 2015-06-04
Topic: Macroeconomics
Kenneth Clarke (Conservative, Centre-right): My hon. Friend anticipates some of the points I wish to make. I agree with everything he has just said. Tackling the deficit and debt, together with what he has just described and the other measures that we have committed ourselves to, is a genuinely one nation Conservative approach. Ever since I became active in politics, I have declared myself a one nation Conservative. The phrase has moved in and out of fashion a little in my time, but I have remained boringly consistent. In my view, it means free market economics combined with a social conscience, as well as a forceful internationalism that looks after Britain’s interests in the world and helps to spread our values On the economic front, the combination of fiscal discipline and economic competence, with measures such as taking the very lowest-paid out of tax altogether, easing the tax burden on the lower-paid, not taking people on ordinary incomes into higher rates of tax that should affect only the very wealthy, and the right to buy from those giant landlords the housing associations, which should be unlocking their resources to invest in more new social housing, gives the right one nation balance to the proposals we have put forward. As I have said, it is important that we get on with it, because this Session of Parliament is probably the best time to get some of the most formidable challenges out of the way and under our belt If I am sounding a little foreboding about what could go wrong, I should say that I do not foresee anything going wrong, but we will be lucky if no global shocks hit us. We have had five years of growth since 2010, with only a minor blip—not a recession—in 2012, and 10 years of uninterrupted growth would be pretty well a post-war miracle. It does not happen in the real world. We are doing better than any other western European nation, but that is based on the fact that we devalued by 25% when we had the crash—that has done us a bit of good, but not a great deal—and on a US recovery that is now looking rather feeble, as it was stimulated by quantitative easing, which is a dangerous thing. Our own recovery is not forcefully strong, and it was based on quantitative easing when that was necessary. Of course, we rely on interest rates, and they are the lowest they have been for 300 years, which is good for indebted countries.
The Economy — House of Commons, 2015-06-04
Topic: Macroeconomics
Iain Aitken Stewart (Conservative, Centre-right): May I repeat the question put by my right hon. Friend the Chancellor? The Scottish Parliament already has significant tax powers and it will gain more in this Parliament. The leader of the Scottish Conservatives, Ruth Davidson, has pledged not to have tax rates in Scotland that are higher than in the rest of the UK. Will the hon. Gentleman meet that pledge, or does he want to pursue his expansionary agenda and raise taxes?
The Economy — House of Commons, 2015-06-04
Topic: Macroeconomics
Chris White (Conservative, Centre-right): Thank you, Mr Speaker—not least for putting me higher up the list than you intended to yesterday I congratulate my hon. Friend the Member for Bexhill and Battle (Huw Merriman) on a fabulous maiden speech. I hope that, like me, he will grow to cherish the double-barrelled nature of his constituency I am grateful for the opportunity to support the Queen’s Speech, and, in particular, the measures that will build on the work done in the last Parliament to secure the continued growth of our economy. Whether we are talking about big manufacturing brands and household names such as Aga Rangemaster, Dennis Eagle and National Grid, or the new and exciting creative industries and companies such as Freestyle Games and Radiant Worlds, Warwick and Leamington is clearly a good place in which to do business. I also welcome Tata Technologies, which has unveiled plans to build its new European headquarters in my constituency next year I am delighted that the Government have announced plans to continue our economic growth by supporting business and encouraging job creation, with the ambition of achieving full employment. We have a fantastic record, on which we continue to build. In Warwick and Leamington, for example, the number of jobseeker’s allowance claimants has fallen by 74% over the last five years, and the number of youth claimants has fallen by an astonishing 82%. Tribute must be paid to employers and employees for that achievement. Warwick and Leamington is part of a region that has a tremendous manufacturing heritage. During the last Parliament, we saw a renewed and extremely welcome focus on manufacturing and the re-shoring of that vital sector of the economy—in the words of the Chancellor, "the march of the makers" Manufacturing is growing in the United Kingdom, and in the midlands in particular. It makes up 54% of UK exports, and directly employs 2.6 million people. Growth has been positive in recent years. In 2014, sales in the UK car industry in the UK were the best for nearly 10 years, which was a particularly encouraging development. In manufacturing overall, there is an average productivity increase of 3.6% a year I believe that the Government must ensure that the United Kingdom continues to be a place where things are designed and made. That means supporting businesses, large and small, particularly those in the supply chains. We must also address the skills shortage, and focus on training young people to be equipped for the workforce. One way of supporting businesses is to create an environment in which we can foster collaboration and support between businesses. We are already seeing examples of that in the establishment of local enterprise partnerships and the growth of city deals throughout the country. The all-party parliamentary manufacturing group, of which I am co-chair, recently published a report about skills I am delighted to see that the other co-chair, the hon. Member for Huddersfield (Mr Sheerman), is in the Chamber.
The Economy — House of Commons, 2015-06-04
Topic: Education
Chris White (Conservative, Centre-right): I welcome it very much. I also recognise that the hon. Gentleman and I share a university. The students live largely in my constituency, but the University of Warwick is based in his. It is celebrating its 50th anniversary this year The Royal Academy of Engineering has reported that the country will need an additional 800,000 graduates in the science, technology, engineering and mathematics—STEM—sectors by 2020. Encouraging students—boys and girls—to study STEM subjects at school and providing clear career advice to students from a young age will help to address this serious skills gap. We must ensure that our technical and further education colleges are given the recognition and assistance they need to achieve this We are particularly fortunate in Warwick and Leamington to have Warwickshire College, one of the best further education institutions in the country. We are also home to many students from Warwick University which, after only 50 years, is already one of the top 100 universities in the world. I have been privileged to see the quality of the training and education that both those institutions provide. Over many years now, this has reinforced for me the importance of tertiary and further education in providing the skills and training that young people need to succeed In terms of further education, Warwickshire College has entered into partnerships with local employers such as Rolls-Royce and Jaguar Land Rover to provide work experience and ensure that students are exposed to the workplace throughout their education. This collaborative approach provides the best of both worlds for students. I would like to take this opportunity to welcome the new principal of Warwickshire College, Angela Joyce, to her post. I would like to reiterate the importance of support for our economy to create an environment that supports job creation and business growth. Additionally, giving our young people the skills that they need to get those jobs is just as vital, not least as we see existing and new sectors develop and grow.
Rohingya Community (Burma) — House of Commons, 2015-06-04
Topic: International Affairs
Fiona Claire Bruce (Conservative, Centre-right): I commend the hon. Gentleman for bringing this extremely important issue to the House’s attention. Does he agree that the circumstances in which so many of those people are living in Burma need to be looked at, and that urgent representations need to be made to the Government of Burma—or Myanmar—on granting humanitarian access to those areas so that they can be improved radically, which is greatly needed?
Rohingya Community (Burma) — House of Commons, 2015-06-04
Topic: International Affairs
Paul Stuart Scully (Conservative, Centre-right): My father was born in Burma, so I take a great interest in these issues. What is going on there is horrific, so I congratulate the hon. Member for Leicester South (Jonathan Ashworth) on securing this debate. As he and the hon. Member for Walsall South (Valerie Vaz) have said, Ban Ki-moon should take a personal interest in the matter. Burma Campaign UK, Christian Solidarity Worldwide and a number of other organisations have also called for such action. I would be grateful if the Minister informed us what the UK Government are doing in that regard.