argyrotsipi/train-dataset huggingface dataset:
Finance (No. 2) Bill — House of Commons, 2018-02-21
Topic: Domestic Commerce
Melvyn John Stride (Conservative, Centre-right): Perhaps we can get into the nitty-gritty of this offline The average revenue from the bank levy between its introduction in 2011 and 2015-16 was around £2.6 billion. As a result of this package, however, yield from the surcharge and the levy in 2022-23 is forecast to be £3.2 billion. By 2023, as I have said, we will have raised around £44 billion in additional bank taxes since the 2010 election Opposition Members have also suggested that our bank levy is set at a low level compared with other countries. In fact, not all financial centres have a bank levy. The USA, for example, chose not to introduce one at all, and while several EU countries introduced bank levies following the financial crisis, it is not possible to make direct comparisons between these levies as the rules for each are different We have heard the argument this afternoon that we should reintroduce a tax on bankers’ pay. One of the aims of the changes to bank taxation announced in 2015 and 2016 is to ensure a sustainable long-term basis for taxing banks, based on taxing bank profits and the bank levy. By contrast, the bank payroll tax referred to in new clause 3 was always intended as a one-off tax. Reintroducing it would be ineffective and unsustainable compared with the package of banking tax measures that we have introduced. Even the last Labour Chancellor pointed out that it could not be repeated without significant tax avoidance Opposition Members also propose that HMRC should publish a register of tax paid by individual banks under the levy. Taxpayer confidentiality is rightly a core principle for trust in our tax system and HMRC does not publish details of the amount of tax paid by any individual business. While the Government continue to consider measures to support transparency over businesses’ tax affairs, we must balance that with maintaining taxpayer confidentiality in order to maintain public confidence in our tax system.
Finance (No. 2) Bill — House of Commons, 2018-02-21
Topic: Housing
Helen Olivia Bicknell Whately (Conservative, Centre-right): It is difficult for first-time buyers in my area to afford a deposit and they welcome the help the Government are giving to increase their opportunities when they are competing against people who are selling properties and are therefore more able to afford a deposit. This sort of policy is therefore very welcome, and it goes hand in hand with measures to increase housing supply. We are seeing significant—and not necessarily popular—increases in the housing targets for areas such as my constituency, coupled with work to make sure that houses are built when planning permission has been granted. I therefore contest the hon. Lady’s remarks on that point.
Finance (No. 2) Bill — House of Commons, 2018-02-21
Topic: Housing
Simon Richard Clarke (Conservative, Centre-right): The hon. Lady gave us a tour de force in the Public Bill Committee, but on the narrow point about the proposed changes’ impact on prices, the director of the Institute for Fiscal Studies, Paul Johnson, said that although there may be an increase in the price faced by first-time buyers, "this does not mean first-time buyers are worse off as a result. They are in general better off. Instead of paying, say, £100,000 for £98,000 worth of house plus £2,000 of tax they might be paying £102,000 for £102,000 worth of house." What is her response to that point?
Finance (No. 2) Bill — House of Commons, 2018-02-21
Topic: Housing
Desmond Angus Swayne (Conservative, Centre-right): I am struggling with the concept that a price that is available to a first-time buyer differs from the prices paid by anyone else. I can accept that there are segmented markets in which there might be a difference, but if prices are falling marginally, that will be to the benefit of all buyers, whether it is the first or the seventh time that they have bought a property.
Finance (No. 2) Bill — House of Commons, 2018-02-21
Topic: Housing
Mark Gino Francois (Conservative, Centre-right): My hon. Friend the Member for Faversham and Mid Kent (Helen Whately) talked about constraints on supply, and she specifically mentioned dealing with land banking by property developers. They are often given planning permission but, because of their financial models, choose not to build for long periods of time. As the hon. Member for Oxford East (Anneliese Dodds) will know, we have proposals to punish developers that continue to work in such a way. What is Labour’s view about them?
Finance (No. 2) Bill — House of Commons, 2018-02-21
Topic: Housing
Simon Richard Clarke (Conservative, Centre-right): Housing stress is a major driver of homelessness, the causes of which are very complex. Does the hon. Lady accept that the Homelessness Reduction Act 2017 is major step in unlocking the resource that is required and in getting people to focus, crucially, on getting into a home, as the first step towards making a more lasting move forward in their lives?
Finance (No. 2) Bill — House of Commons, 2018-02-21
Topic: Other
Colin James Clark (Conservative, Centre-right): I am afraid that there is photographic evidence, which my good friends Twittered at the time—not that I do Twitter—[Hon. Members: "Tweet!"] I mean tweet. There is photographic evidence that we most certainly did meet the Chancellor to discuss the measure.
Finance (No. 2) Bill — House of Commons, 2018-02-21
Topic: Housing
Neil John O'Brien (Conservative, Centre-right): I am afraid that I am not entirely sure what the hon. Gentleman is driving at, and I am conscious of the time. I support the measures before us because they will provide immediate benefit, and they form part of a wider strategy to support first-time buyers, including Help to Buy, which has helped 230,000 people to get a home of their own, the lifetime ISA, which gives people a 25% bonus as they save for a deposit, the huge support for shared ownership and new supply measures, such as the housing infrastructure fund and the huge increase in funding for affordable housing in the 2015 spending review. My younger constituents will warmly welcome the end of stamp duty for first-time buyers, as will many older constituents—parents and grandparents The hon. Member for Oxford East rather made the case against her own measures by drawing on the huge amount of published detail about and analysis of our proposals. I have in my hand the OBR’s estimate of residential SDLT elasticities, and it notes the significant degrees of uncertainty. The creation of the OBR was a welcome reform, because it makes things more transparent, and it is right that the OBR is cautious in its forecasts. We created the OBR because Gordon Brown fiddled the figures and changed the economic cycle and led us to disaster by doing so. It is also right to stress the uncertainty around such measures, because it is fundamentally difficult to model things in the housing market When we introduced the annual tax on unoccupied dwellings, which I am sure the hon. Lady supports, we raised four times more money than predicted, so things are difficult to predict. However, my hon. Friend the Member for Middlesbrough South and East Cleveland (Mr Clarke) has already made the important point that even if we believe that the £5,000 would be entirely capitalised into the price of a house, my young constituents would be £5,000 better off as a result. In Harborough, Oadby and Wigston, that is still a significant sum of money, so I am hugely glad to be able to support these important reforms today and to oppose the Opposition’s amendments.
Finance (No. 2) Bill — House of Commons, 2018-02-21
Topic: Housing
Gillian Keegan (Conservative, Centre-right): I rise to speak to new clause 7. There has been a failure of successive Governments to tackle the issues with our housing stock. Since the 1970s we have, on average, built 160,000 new homes a year in England, and the consensus is that we need to build between 225,000 and 275,000 homes a year to keep up with population growth, to keep up with an ageing population and to tackle years of under-supply. That is why I am pleased the Government are taking steps to address the situation through accelerated house building, resulting in an increase in supply of 217,000 houses in the past year Increased demand and an historic lack of supply have inevitably pushed prices up. On average, house prices have risen by 7% a year since 1980, but the rise is not uniform. Areas such as the south-east have suffered more than others, with a 369% increase in prices since 2005. I see that in my own family, with many of my young cousins in Knowsley buying a home in their 20s on average salaries, as their parents did before them, but that is not the case in the south-east and other parts of the country Large price hikes obviously affect young people more, as they are typically on lower incomes and struggle to raise the capital needed to save for a deposit. When I bought my first home in the mid-1990s, around 65% of my friends were doing the same, and we just earned average incomes. Now, less than 27% of 25 to 34-year-olds are home owners, and I would be willing to bet that not many of them are in Chichester, where the average house price is more than £365,000 and the average salary is just £25,000 The point was highlighted to me by a young couple living in my constituency, whose high rental costs mean they are unable to make any substantial savings towards a deposit. They are grateful for the schemes introduced by the Government to help them save for a deposit. Changes to stamp duty will also help first-time buyers such as my constituents to reduce the savings needed to cover the cost of purchasing a home. They will no longer pay stamp duty on properties up to the threshold of £300,000, and only 5% of the cost over £300,000 on properties up to £500,000, so 80% of first-time buyers should pay no stamp duty at all. This policy removes one of the barriers to the housing market, and it will help to give people the opportunity to reach a dream that many of us achieved in our 20s and 30s.
Finance (No. 2) Bill — House of Commons, 2018-02-21
Topic: Housing
Melvyn John Stride (Conservative, Centre-right): Given the limited time remaining, I intend to focus most of my remarks on the amendments and new clauses that have been spoken to in this debate I shall begin with new clauses 7 and 8, which seek reviews of the operation of the SDLT exemption for first-time buyers. As we know, housing is one of the great challenges of our age. We all recognise—we certainly have done in this debate—the importance of the supply side, which is why my right hon. Friend the Chancellor, whom I am delighted to see on the Treasury Bench, made such important announcements about funding for more housing. We can now look at hitting 300,000 new build homes in the next decade. The point was made that the OBR suggested that prices may increase by 0.3% as a result of our SDLT measure, but that observation is based on that measure alone and does not take into account the supply-side measures we are introducing Amendments 10, 11 and 12 relate to taxis and the vehicle excise duty supplement.
Finance (No. 2) Bill — House of Commons, 2018-02-21
Topic: Mixed Topics
Melvyn John Stride (Conservative, Centre-right): If we look at bringing forward this exemption, the important thing is that we should look solely at that element that relates to low-emission vehicles, rather than applying it to all taxis, as indeed amendments 10, 11 and 12 do, as tabled by the hon. Member for Ilford North (Wes Streeting). However, having listened to the representations from my hon. Friends the Members for Hornchurch and Upminster (Julia Lopez) and for Rugby (Mark Pawsey) and indeed from the hon. Gentleman who has tabled the amendments, we are minded to look sympathetically at bringing forward the exemption by a year for those taxis that have low emissions, albeit that they cost £40,000 or more. I know that my hon. Friend the Exchequer Secretary will shortly be meeting representatives from the London Taxi Company and that he will be furthering those discussions with them In the one minute remaining, perhaps I could turn to new clause 10, which calls for a review of the consequences of not backdating the refund of VAT in respect of the Scottish Fire and Rescue Service. The Chancellor made it clear in the Budget that, after lobbying from our Conservative colleagues in particular, we would allow such refunds going forward. In 2012, when the Scottish Government entered into those arrangements, they did so knowing what the VAT consequences would be, but we are taking action going forward Finally, I understand the desire of the right hon. Member for Twickenham (Sir Vince Cable) to have information on the effects of increases of income tax by 1%. However, there is no need for that now, as information is available on that. Time does not allow me to explain what that is, but I will speak to him after this debate, and on that basis, I hope that he will not press his amendment. I also take on board his comments about dormant companies and pension fund arrangements, but we do have to look to HMRC to make those judgments so that we ensure that these scams are prevented.
UK Research Centre for Ceramics — House of Commons, 2018-02-21
Topic: Mixed Topics
Jack Edgar Brereton (Conservative, Centre-right): I am grateful to have secured this debate. This is an exciting time for the manufacturing industry, and particularly so for ceramics. In raising a debate on the Adjournment, I follow in the footsteps of Ida Copeland, my illustrious Conservative predecessor as a Member for Stoke-on-Trent, who in the 1930s handed a trayful of ceramic ware around the Chamber and invited Members to guess which pieces were made authentically in Stoke-on-Trent and which were imported knock-offs I am sorry to say that I do not have a tray of chinaware for Members to inspect tonight, but that is because the goods I want to talk about have yet to be researched, designed, realised and put into production. It is also worth saying that not enough of the ceramics in our public buildings these days are actually made in Stoke-on-Trent It is true that British makers, our manufacturers, are leading the way in realising the new economic opportunities open to global Britain, with output and exports both on the rise. The Library informs me that the UK ceramics industry—in which I include the manufacture of refractory products and bricks, tiles and construction products in baked clay—contributed £824 million to our national economic output in 2016, up from £566 million in 2009. In real terms, the industry’s economic contribution has increased by 44% since 2009 Meanwhile, according to the British Ceramics Confederation, the global market for ceramics totals more than $150 billion per annum. UK-based ceramics manufacturers’ exports have grown by 6% since 2011, to about £410 million in 2016. However, the BCC calculates that if the UK ceramics manufacturing sector is to maintain its share of the global market in the coming years, the industry’s sales must grow by 9% a year. Let me be clear: that is 9% growth just to stand still The sector’s ambition goes much further than just treading water in the international pool. It is confident that if we embrace the opportunities presented by the advance in technical ceramics, annual growth of 15% is possible, with an annual £1.5 billion of gross value added from ceramics possible by the mid-2020s. My ambition is to see £1 billion annual GVA from ceramics in Stoke-on-Trent alone.
UK Research Centre for Ceramics — House of Commons, 2018-02-21
Topic: Mixed Topics
Jack Edgar Brereton (Conservative, Centre-right): I thank the hon. Gentleman for that point and I totally agree that it is incredibly important that those skills come through. I have spoken to people from a number of businesses in my constituency, and they need more of those skills coming through, because we have the jobs and opportunities needed to absorb them. It is incredibly important, therefore, that we continue to see those skills coming through, and this research unit is about part of that We are all familiar with household ceramic goods, both functional and ornamental, but the ceramics sector is much wider than just the market for household goods. Increasingly, advanced and technical ceramics are being used across the global economy: thermal barrier ceramic coating is used in jet engines; ceramic armour is used in the defence industry; ceramics are used in semiconductors needed in electronics; bio-ceramics are making important advances for the medical sector, in operations and, in particular, prosthetics; solid oxide fuel cells are radically benefiting the energy market; and in the world of digitalisation and virtual reality, the concrete reality of ceramics still reigns, including in digital printing materials. We need to make sure that global Britain leads this industry—that it is our nation and Stoke-on-Trent that harness the power of the 21st century ceramics revolution. Global Britain should not be saddled with a £900 million annual trade deficit in ceramics, given that the products we make are the best in the world A UK research centre for ceramics would be a magnet for research, skills and design talent. It would support and expedite the journey from inspiration and early-stage research, right through to fully commercialised products and processes. It would be the go-to place for firms seeking to source and exploit the latest ceramic technologies Currently, the UK lacks the R&D infrastructure for seamlessly researching and exploiting the range of novel sintering technologies. That cannot go on. Sintering is the process of using heat or pressure to compact materials such as clay without the risk of liquefaction, which would destroy the material completely. It is a process that has long required a high level of expertise. Now, with advanced sintering—flash sintering—revolutionising the industry’s ability to transform the properties of input materials, and using significantly less energy across the process, we stand at the threshold of a new era of high productivity and exceptionally fine goods To be globally competitive, we need to provide the environment to facilitate that process, not least in respect of Stoke-on-Trent’s Lucideon, the development and commercialisation organisation that specialises in materials technologies and processes and is leading the sintering revolution. This is not about picking winners; it is about unlocking the doors for winners to walk through.
Cross-border Economic Opportunities — House of Commons, 2018-01-31
Topic: Domestic Commerce
Mark James Harper (Conservative, Centre-right): I am grateful to the Secretary of State for inviting my district council and my tourism industry to his Severn growth summit. I am also grateful that the tolls will be removed, given that the old Severn bridge is half in my constituency and the gateway to Gloucestershire, not just Wales. May I urge him, as he continues these cross-border opportunities, fully to involve business and industry in my constituency so that we can take full advantage of growth in the western part of our country?
Cross-border Economic Opportunities — House of Commons, 2018-01-31
Topic: Public Lands
David Thomas Charles Davies (Conservative, Centre-right): Is the Minister aware that the Welsh Affairs Committee has invited the First Minister of Wales to come before us and spell out exactly what the offer is and that, so far, he has refused to do so? If there is a serious offer from Welsh Labour to support tidal lagoons, does he agree that the Welsh First Minister should reconsider, come before the Committee and tell us exactly what it is that he is offering us?
Cross-border Economic Opportunities — House of Commons, 2018-01-31
Topic: Mixed Topics
Alun Hugh Cairns (Conservative, Centre-right): I pay tribute to my hon. Friend as Chair of the Select Committee on Welsh Affairs—a position in which he has been vociferous in pursuing these sorts of issues and the case for value for money. He has invited the First Minister to give evidence to his Committee. I would have thought that the First Minister would want to respond positively to that invitation, if he wants to be seen to be doing everything—and, indeed, to do everything—to make this project come about and to prove the value-for-money case that we seek.
Universal Credit — House of Commons, 2018-01-31
Topic: Housing
Questions: What discussions he has had with the Secretary of State for Work and Pensions on reducing the time taken to make universal credit payments in Wales.; What discussions he has had with the Secretary of State for Work and Pensions on reducing the time taken to make universal credit payments in Wales.
Stuart James Andrew (Conservative, Centre-right): That is exactly why we made the announcements in the Budget. Now, households who already claim housing benefit will automatically receive an additional two weeks of housing benefit when they claim universal credit. We are responding to the lessons that we are learning, and we will continue to do so as we roll out the project.
Welsh EU Continuity Bill — House of Commons, 2018-01-31
Topic: Other
Stuart James Andrew (Conservative, Centre-right): We are continually engaging. My right hon. Friends the Secretary of State for Wales and the Chancellor of the Duchy of Lancaster are going to Wales tomorrow to meet the First Minister of the Welsh Assembly, so that we can get the further detail of those discussions and bring forward the amendments as soon as possible.
Engagements — House of Commons, 2018-01-31
Topic: Civil Rights
Questions: My right hon. Friend will be aware that the country faces significant cyber-threats from other countries and from non-state actors. He will also be aware that we are protected from those by our security and intelligence services, including the men and women at GCHQ in my county of Gloucestershire. When the Government publish the results of the security review, will he confirm that we will continue, as we have since 2010, to invest in those capabilities to keep our country safe?
David Roy Lidington (Conservative, Centre-right): May I first thank the right hon. Lady for her words of welcome? Clearly, my previous remarks struck a chord with her, to have been treasured in the way that they have. It is a delight to me to see the right hon. Lady still in her place, when no fewer than 97 members of her Front Bench have either been sacked or have resigned since the Leader of the Opposition took office. I pay credit to her sticking power, although she must sometimes whisper to herself, "Surely, I’m a celebrity. Please get me out of here!" The point that the right hon. Lady raised is a serious one. I think that all political parties represented here—she is right to seek to make this consensual—want to encourage more women candidates to come forward. I am pleased that the Conservative party, since I was first elected 25 years ago, has made very considerable progress, but I also accept that there is more to be done. I hope that she, for her part, will accept that we have now had two women leaders and Prime Ministers, so the Labour party has a bit of catching up to do.
Engagements — House of Commons, 2018-01-31
Topic: Civil Rights
Questions: My right hon. Friend will be aware that the country faces significant cyber-threats from other countries and from non-state actors. He will also be aware that we are protected from those by our security and intelligence services, including the men and women at GCHQ in my county of Gloucestershire. When the Government publish the results of the security review, will he confirm that we will continue, as we have since 2010, to invest in those capabilities to keep our country safe?
David Roy Lidington (Conservative, Centre-right): The age of 18, rather than 16, is widely recognised as the age at which one becomes an adult and that is when full citizenship rights are attained. Only a handful of countries have a nationwide voting age below 18 and we believe that it is right that the age of majority—18—should continue to be the age at which people become eligible to vote.