argyrotsipi/train-dataset huggingface dataset:
Equitable Life Policyholders: Compensation — House of Commons, 2017-03-23
Topic: Labor
Kirsten Frances Oswald (Scottish National Party, Centre-left): My hon. Friend makes an excellent point. We should commend those people for all their continued work in keeping the issue at the forefront of our minds A cynical person might wonder whether—as with the collapse of the Connaught Income Fund, which was mentioned by my hon. and learned Friend the Member for Edinburgh South West (Joanna Cherry)—there is a strategy of dragging action out for an extraordinarily long time to ensure that fewer of those affected are still with us. It is simply not good enough for this sorry saga to continue for even longer. The UK Government must now finally deal fully with the outstanding injustices experienced by these unfortunate policyholders We really do need to grasp the nettle, and acknowledge the wrong that has been done and the impact that it has had on people’s lives. It is essential for action to be taken on behalf of the people who have lost out, but we also need to ensure that they can maintain confidence in our pension provision and in financial and regulatory bodies.
Equitable Life Policyholders: Compensation — House of Commons, 2017-03-23
Topic: Labor
Kirsten Frances Oswald (Scottish National Party, Centre-left): The point is well made. I think that Equitable Life policyholders, like Connaught Income Fund investors, feel particularly hard done by, and that is perfectly understandable. We need to deal with the compensation, and that can only happen when we have fully quantified the loss by negotiating the sums involved. At present, we are simply not there. After all this time, the Government need to acknowledge and deal with the injustice that people understandably feel. They have worked hard, and they have saved hard. They have done all the things that Governments emphasise are financially responsible and the way to guarantee security in retirement. Imagine how they must have felt when not only did their hard-earned money vanish, but the Government failed to protect them and then, to compound the problems further, failed to offer fair compensation Of course I recognise that there has been some compensation, but those affected understandably feel that that is not good enough and that it is not right for them to lose out because the Government claim that there are financial constraints. Why should they pay the price for failures of Treasury regulation in the 1990s? The Government must realise how much damage scandals such as this cause to public confidence in saving and in regulation. Surely, as the hon. Member for Harrow East said, righting wrongs like those suffered by Equitable Life and, indeed, Connaught investors is part of the way to restore that confidence There is real confusion, much of it arising from inaccurate communication from the Department for Work and Pensions, about the national insurance contributions that are needed for the new state pension. As we have heard from a number of Members today, WASPI women are marching on Parliament because the UK Government have whipped the pension rug from under their feet. Here, the saga of the Equitable Life policyholders drags on and on, and their pension provision has also vanished into the ether. If the Government are at all serious about pensions and about people saving for their future, they must listen and they must act now, finally, to deal with the Equitable Life scandal once and for all.
Equitable Life Policyholders: Compensation — House of Commons, 2017-03-23
Topic: Labor
Michael Fraser Weir (Scottish National Party, Centre-left): Indeed it is. That is the point that I was making Some of us are now getting to the age at which we are beginning to think seriously about what our pensions will bring us—it is going to hit us pretty shortly—but I have children who are in their 20s, and this is a very long-term investment for people in their 20s and 30s. Young people today who look at the WASPI women or at Equitable Life pensioners will not have the same confidence that people of my generation might have had that they are putting aside savings to augment their state pension. The state pension is changing, and we are looking at different ways in which people will invest for the future, such as auto-enrolment. All these things require confidence, but that confidence has been undermined by continuing scandals such as Equitable Life The Government have to look at the bigger picture, rather than simply looking at Equitable Life in isolation. They have to look at how we can get over this hump and ensure that all young people make provision for the future. If we do not do that, a much bigger problem will be coming over the horizon when those young people get older, having made no provision because they lacked confidence in the system. What are we going to do then? The fall-backs that exist today will no longer be there for them. I urge the Minister, even at this late stage, to go back to the Chancellor and say, "Look at the bigger picture. Look at how we are dealing with pensions. How can we get confidence back?" If we do not do this, the picture will get even worse later.
Article 50 — House of Commons, 2017-03-08
Topic: International Affairs
Stuart Campbell McDonald (Scottish National Party, Centre-left): I join the Secretary of State in welcoming International Women’s Day At yesterday’s sitting of the Exiting the EU Committee, the Welsh Finance Secretary, Mark Drakeford, voiced concerns about the UK Government using Brexit to grab new powers over such things as farming and fishing, which should without question go directly to Cardiff and Edinburgh under the existing devolution settlements. Can the Secretary of State give a cast-iron guarantee that there will be no such attempt to undermine and row back on devolution?
“Securing Wales’ Future” — House of Commons, 2017-03-08
Topic: International Affairs
Patrick John Grady (Scottish National Party, Centre-left): Does the Minister realise that there is a difference between discussing a paper and taking action on it? When are the devolved Governments going to have any tangible action taken on their Brexit strategies; or are the devolved Assemblies not going to be part of empire 2.0 and instead be left with the scraps from the table?
Budget Resolutions — House of Commons, 2017-03-08
Topic: Macroeconomics
Stewart Hosie (Scottish National Party, Centre-left): Not at the moment Budgets can sometimes be assessed more by what is omitted than by what is included. I thought there would have been more reference made to the city deals and how important they are for the areas that are negotiating them.
Budget Resolutions — House of Commons, 2017-03-08
Topic: Social Welfare
Stewart Hosie (Scottish National Party, Centre-left): I shall give way in a moment Although in passing the Chancellor mentioned fairness and, indeed, living standards, he did not dwell for very long—in fact, not at all—on the counter-analysis to his assertions, which is that child poverty will increase by 30% by 2021-22. That is entirely explained by the direct impact of tax and benefit reforms. He spoke about an increase to the minimum wage, which is of course welcome, but ignored the assessment that says that real average earnings are forecast to rise by less than 5% between now and 2020-21. In essence, that will mean more than a decade without real earnings growth.
Budget Resolutions — House of Commons, 2017-03-08
Topic: Macroeconomics
Stewart Hosie (Scottish National Party, Centre-left): Not at the moment It is worth reminding ourselves how we got to where we are today. It is not all the fault of this Chancellor, but the Tory targets on debt, deficit and borrowing that were promised in 2010 simply were not met. I shall demonstrate the scale of the failure. We were told that debt would begin to fall as a share of GDP in 2014-15, that the current account would be in balance the following year, and that public sector net borrowing would be barely £20 billion in that same year. Of course, as many of us warned it would not at the time, that did not happen. Debt will not begin to fall as a share of GDP until 2018-19, the current account will not be in the black until the same year, and public sector net borrowing in 2015-16 was not the barely £20 billion promised, but £72 billion. In short, the Scottish National party argues that the first five years of Tory austerity failed, and we have little confidence that the second five years will be any better I turn to the present, and then the future. Last autumn, the Chancellor told us that net debt would peak at 90% of GDP, or £1.84 trillion—that is 12 zeros. Today, he gave us the startling news about the huge progress: it will now peak at £1.83 trillion. Borrowing is down a few hundred million for 2017-18, and the current budget, due to be in surplus by £18.5 billion in 2019-20, has barely changed. The forecasts are as bad as they were promised to be in the autumn and have barely changed from last spring What growth there is seems to be driven in large measure by an assessment of increased business investment of around 4% over the next few years. The Office for Budget Responsibility says that there will be "a 0.1% fall in business investment in 2017, before uncertainty begins to dissipate" We are about to have article 50 invoked, followed by a tortuous 18-month to two-year negotiation, and the OBR and the Treasury are telling us that the uncertainty will dissipate sometime at the back end of this year. That almost beggars belief.
Budget Resolutions — House of Commons, 2017-03-08
Topic: Macroeconomics
George Kerevan (Scottish National Party, Centre-left): Is my hon. Friend aware that the Red Book also points out that, over the forecast period, the cumulative current account deficit is more than 13% of GDP? We will have to sell an awful lot of UK companies to fund that.
Budget Resolutions — House of Commons, 2017-03-08
Topic: Macroeconomics
Stewart Hosie (Scottish National Party, Centre-left): That is precisely the point. The choices are that we grow and we take exports seriously, or we do what Tory Governments have always done, which is to sell off the family silver Growth is forecast to be based on heroic levels of business investment after the uncertainty of Brexit ends this year. It will be propped up by household consumption with a commensurate rise in household indebtedness, central Government investment, which I welcome, and fixed investment in private dwellings, but with house prices forecast to rise at two or three times the rise of inflation. The Budget report seems to make merit of that: people will feel wealthy, it says. We know what happens when prices fall, and we know what the impact is on youngsters trying to get on the property ladder. On household debt in particular, the Chancellor should have been much more aware of the concerns that, even after excluding mortgage payments, household debt has now reached record levels. This is not a balanced recovery However, it is the issue of trade that is most worrying. The figures are clear. The last full year for which we have figures—2015—saw a current account deficit of £80 billion, and a deficit in the trade in goods of £120 billion. At least the Chancellor did not repeat the claims of his predecessor that we could double exports by the end of this decade to £1 trillion. Perhaps he should enlighten the Secretary of State for International Trade, who still thinks that it is sensible to keep the target even though he does not believe that it can be met. This is not all the fault of this Chancellor. Many of these failings have been embedded in the UK economy for decades. It is not just about exports, but about support for innovation, which I welcome, and manufacturing as well as boosting productivity across the board We should have had specific plans today—the Chancellor has had enough time in office—for substantial GDP growth, not the less than 2% in every year for the forecast period, which is lower than the pre-crisis trend. We should have had measures to boost productivity. In Scotland, productivity is 4% higher than the 2007 level, compared with next to nothing in the UK. We should have had targeted support for high-growth export-focused small and medium-sized enterprises. The Chancellor should have taken more businesses out of business rates entirely in England rather than offering just a bit more help for a short period of time I welcome what the Chancellor said about education. If we tackle the attainment gap, we can get inclusive growth. We will not get inclusive growth if people are struggling to put food on the table because the welfare cap is squeezing people’s real incomes.
Budget Resolutions — House of Commons, 2017-03-08
Topic: Macroeconomics
Stewart Hosie (Scottish National Party, Centre-left): The pattern that we have seen over the past few years confirms that. It is not just about the photovoltaics and the contracts for difference changes, which were not helpful, but all the other issues that the hon. Lady has raised too. She is right to keep on making those points One reason why the Government cannot fund their policies is to do with the yield from taxes. I believe in tax competition, but if we look at the corporation tax yield, we can see that it has flatlined and fallen in real terms for the past four years of the forecast period. In order to make amends today, or to make the numbers stack up, we have seen a scandalous attack on aspiration and on the self-employed by taxing more and making more changes to national insurance contributions to the tune of £4.2 billion or so. The party of aspiration is taxing those who are self-employed, pouring in active, real hard disincentives to starting businesses, to employing people, and to stepping out on one’s own. That is a decision that will come back to haunt this Chancellor.
Budget Resolutions — House of Commons, 2017-03-08
Topic: International Affairs
Stewart Hosie (Scottish National Party, Centre-left): I will not give way for the moment, because I want to make a little progress The Chancellor also announced some £350 million for Scotland. [Interruption.] I thought that he might want me to welcome that. The problem is that it is all smoke and mirrors. Even after today’s announcement, Scotland’s discretionary spending will still be down £1 billion between this year, 2016-17, and the end of this Parliament, and more than £2.5 billion down in the Tory decade since 2010. Every little helps, but we will not be putting out the bunting to celebrate the Chancellor’s largesse. The key point I want to make is about Brexit. The hard Tory Brexit—the elephant in the room barely mentioned by the Chancellor—is approaching quickly. It means that we will revert to WTO rules, with all the tariffs and other regulatory barriers, if a better deal cannot be struck, and I have no confidence at all in this Government’s ability to deliver that deal.
Budget Resolutions — House of Commons, 2017-03-08
Topic: International Affairs
Philip John Boswell (Scottish National Party, Centre-left): Was my hon. Friend as concerned as I was at the announcement just six days ago in the Irish press that since the Brexit vote over 100,000 UK companies have registered, or taken steps to register, offices in Ireland?
Budget Resolutions — House of Commons, 2017-03-08
Topic: Macroeconomics
Stewart Hosie (Scottish National Party, Centre-left): I am not shocked or surprised by that. What we need to do is ensure, certainly in Scotland, and in the UK if the Government can find the will to do it, that we make this country as attractive as possible as a place to continue to invest in and run businesses in, and for us that means staying in the single market and, frankly, staying in the EU Finally, I want to refer to announcements made in relation to the Budget over the past week. There was the decision to have extra departmental spending cuts, and the decision on personal independence payments and other welfare measures. The latter, we believe, demonstrates the real impact of the welfare cap in punishing the most vulnerable and balancing the books on the backs of the poor, confirming many predictions that the UK is set to become more unequal than it has been since the days of Margaret Thatcher, and further confirming that this Government have learnt nothing. They are tweaking the numbers to fit the ideology, driven by an austerity agenda and failing to realise that they cannot cut their way to growth. At its heart, the real tragedy of this Budget, only a week or so before article 50 is invoked, is that Brexit was the word that dared not speak its name, and this country is completely unprepared for the economic tsunami that this Government will unleash.
Budget Resolutions — House of Commons, 2017-03-08
Topic: Macroeconomics
George Kerevan (Scottish National Party, Centre-left): I clearly remember being in the Treasury Committee when we interviewed the Chancellor, and clearly remember holding him to account for his bogus forecasts, which were clearly over the top, clearly bound to turn people off and clearly led to the wrong result on 23 June.
Budget Resolutions — House of Commons, 2017-03-08
Topic: Transportation
George Kerevan (Scottish National Party, Centre-left): On that point, does the hon. Gentleman agree that, rather than the Chancellor keeping his investment war chest for another two years, it would be better to spend the money now on infrastructure and offset anything that might come in future?
Budget Resolutions — House of Commons, 2017-03-08
Topic: Macroeconomics
Angus Brendan MacNeil (Scottish National Party, Centre-left): By mentioning John Maynard Keynes, the hon. Gentleman tempts me too much. Surely, John Maynard Keynes would have eschewed austerity and looked for a fiscal stimulus instead. That is what the Government, and particularly the previous Chancellor, should have been doing, rather than the austerity cult we have had for years.
Budget Resolutions — House of Commons, 2017-03-08
Topic: Macroeconomics
George Kerevan (Scottish National Party, Centre-left): I thank the hon. Gentleman. I realise that he has only just begun his speech. If he alludes to the shift in the growth projections in the Office for Budget Responsibility document, he also needs to know that, on page 87, the OBR has reduced its forecast for wages and salaries growth, and that on page 61 it has lowered its forecast for household disposable income.
Budget Resolutions — House of Commons, 2017-03-08
Topic: Foreign Trade
Angus Brendan MacNeil (Scottish National Party, Centre-left): Canada exports 75% of its products to the United States of America. Is the hon. Gentleman arguing that a country should be united, with the same Government, with its chief export destination? That logic will ultimately lead to one global Government, as all countries will have to join with the country they are majorly exporting to. The hon. Gentleman is promoting a fallacy—a Tory fallacy, obviously.
Budget Resolutions — House of Commons, 2017-03-08
Topic: Social Welfare
Andrew Egan Henderson Hendry (Scottish National Party, Centre-left): My hon. Friend the Member for Paisley and Renfrewshire North (Gavin Newlands) covered many key issues, and my hon. Friend the Member for Dundee East (Stewart Hosie) gave a forensic critique of the statement’s flaws earlier, so I intend to confine my remarks to what was said, or rather what was not said, about universal credit in the Budget The Chancellor opened by saying that he wanted to produce something that was for "women in work" and for people "feeling the squeeze", and "an economy that works for everyone." Well, those words ring particularly hollow for people in my constituency who are at the sharp end of the universal credit full service roll-out. My constituency has been one of the first to deal with the roll-out People are going months without money, and there is little help in the Budget for them. There is nothing on investment to sort out the system boorach. Highland Council reports that the average housing arrears accrued to date by someone on universal credit is now around £900 and rising. Imagine, they are forced into debt through no fault of their own, and not many landlords are patient with folk who are three months in arrears because of universal credit. Failure to address that today is symptomatic of a failed austerity agenda, a failure to listen and a failure to comprehend the pain that ideological Tory austerity is inflicting. It is causing stress that is impossible to imagine and is leaving families without money for months.
Topical Questions — House of Commons, 2017-03-06
Topic: Law and Crime
Questions: Will my right hon. Friend join me in welcoming the £10 million of investment that has been spent refurbishing Southend police station, and does he agree that the extra investment and better technology should result in improved crime detection and crime prevention?; I welcome the Minister’s visit to Cardiff, particularly to discuss with South Wales police the security for the UEFA champions league final—the most watched sporting event in the world—which is taking place in Cardiff on 3 June. What is he doing to focus minds on security?; In October, baby monitors were hijacked by organised crime for cyber-attacks. Last week, the secrets that children whisper to their teddy bears were to be found online. This Government have ensured that responsibility for cyber-security is literally all over the place. Does the Home Secretary realise that when there is a devastating attack by an internet-connected device—and there will be—she will be the one we blame?; Her Majesty’s inspectorate of constabulary recently rated Essex police as good, which represents a significant improvement. Although there is still work to be done, will the Minister join me in paying tribute to the hard-working officers for that amazing achievement?; On a previous attempt to recalculate the national police funding formula, Lancashire police was set to lose £25 million a year. That was revised down to £8 million in year when inaccuracies were identified. That is on top of the £76 million that it had already saved since 2010. What steps is the Policing Minister taking to ensure that the national police funding formula will not repeat the same mistakes and will accurately reflect the demands on police forces?; What steps are the Government taking to crack down on cyber-terrorism, given that business is increasingly being done online and in the light of the recent announcement from the Department for Culture, Media and Sport of a new digital strategy to encourage even more businesses to have the skills and confidence they need to make the most of digital technology?; As the price of scrap metal rises, so, sadly, does the number of scrap metal thefts. Will the Minister say when the Government intend to produce a response to their consultation, which ended in January?; Will the Secretary of State confirm that the Government remain committed to resettling 23,000 of the most vulnerable children and adults directly from Syria, the middle east and north Africa over this Parliament, in addition to asylum seekers and family reunion cases? Will she update the House on how many people have been resettled in the past year?
Elizabeth Anne McLaughlin (Scottish National Party, Centre-left): At the weekend, I heard the heart-breaking story of one of the children, who has only ever known her father as a face on a laptop. When he stood up to walk away during a Skype call, she shouted, "Mummy, look! Daddy’s got legs too." Does the Home Secretary find that as distressing as I do? If she does, and given that I have no power to do anything about it but she does, what will she do?
Opel/Vauxhall: Sale to PSA Group — House of Commons, 2017-03-06
Topic: Government Operations
Margaret Ferrier (Scottish National Party, Centre-left): It was reported recently that the Government had offered the new owners of Vauxhall assurances similar to those given to Nissan. Will the Government commit themselves to full transparency in that regard, with full disclosure of promises made to PSA, and also place copies of any correspondence in the Library of the House?