Speeches by Baldwin.

“You also mentioned stocks and shares. Presumably, you see that as a way for UK taxpayers to share in the growth of the economy and invest for the long term, and therefore as something that it makes sense to encourage through the tax system. I have got you to nod to all those strategic things.”

“No, I appreciate that. When you talk about stocks and shares, are you specifically focusing on investing in the UK?”

“One of the first acts of the new Government was to cancel the British ISA, was it not?”

“That does imply that we should not expect the new landscape to be more generous to the taxpayer than it currently is.”

“I just have one last quick question, if I may. Given your reluctance to start any hares running in terms of speculation, I presume you want to make these announcements of changes sooner rather than later. Can you tell us when we are going to hear about these changes?”

“That is when we will hear these changes.”

“It is a pleasure to serve under your chairmanship, Ms McVey. I add my congratulations to my hon. Friend the Member for Hornchurch and Upminster (Julia Lopez) for securing this important debate, and for clearly setting out the issues with Government policy for the hair and beauty sector. It is truly SOS time—save our sa…”

“I would be grateful if the Minister focused on her Government and the future implications of this judgment. In her statement, she said that “NHS England will soon publish guidance on how trans patients should be accommodated in clinical settings.” I will read to her what the Worcestershire acute hospitals NHS trust has…”

“I wholeheartedly endorse what my right hon. Friend said. All new Government Members should be aware that the explanatory notes to the Bill, which have only just been circulated to colleagues, make it very clear—[Interruption.] I hear cries of “Shame!” from behind me. On the financial implications of the Bill, the expla…”

“I add my thanks to everyone who has enabled us to be here this afternoon, but the fact is that this is a bungled way to do parliamentary legislation, following a bungled set of negotiations, and we are likely to end up with a bungled nationalisation. The Labour Government have landed themselves in a steel crisis entire…”

“So it is £500 per year per household.”

“Chancellor, already in your evidence you have made clear how much you value the work of the Office for Budget Responsibility, the IMF and the independent economists who help to frame what are effectively the UK’s guardrails. I note that last year, in its article IV examination of the UK economy published on 1 July, the…”

“But Chancellor, as you rightly say, you are following a lot of the recommendations in the IMF article IV report on the UK economy. You must acknowledge—you cannot deny the reality—that since October last year and the spring statement, growth in this economy, the confidence of businesses, the confidence of consumers, ha…”

“Only by taking away money from the international development budget.”

“Chancellor, I am genuinely interested in the decisions you have taken since you have become Chancellor. What I am not hearing, in these economic statistics since your Budget last October, is anything that has got better in terms of the economic numbers. You cited the planning reforms as a helpful supply-side measure th…”

“But you have increased debt.”

“Thank you. I have a technical question for Mr Macfarlane. In the Treasury document, there is a lot of scoring of savings from welfare fraud and error or from reducing tax avoidance, and you mention the covid counter-fraud commissioner in paragraph 2.4, but I do not see anything scored for expectations of savings from t…”

“Are we likely to see that announcement this side of the autumn Budget?”

“I can see exactly why you are approaching this, but I wondered if it was imminent, or something we will have to wait for.”

“Do you recognise that the deterioration in the economic statistics and the OBR’s forecast from last October until now—or March—has caused some consternation in terms of how the markets have dealt with the amount of gilts that the UK has to issue? The Office for Budget Responsibility have confirmed that it has put us mu…”