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Corporation tax

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My Lords, that felt more like a speech about a future Autumn Statement from a Labour Government than about the current one before us.

I too welcome the Minister to her new role and look forward to hearing from her often in this House. However, I suspect that, even if you...

Member
Bishop of Manchester (Bishops (affiliation))
Type
Proceeding contributions
Date
29 November 2023
Reference
834 cc1108-1110
House
House of Lords

My Lords, I begin by welcoming my noble friend to her new role in the Treasury. I speak in this debate more because I feel obliged to than because I really want to. I am well aware that the Government have stopped listening to Conservatives with my opinions, but I...

Member
Lord Frost (Conservative)
Type
Proceeding contributions
Date
29 November 2023
Reference
834 cc1110-2
House
House of Lords

My Lords, it gives me great pleasure to welcome my noble friend Lady Vere to her post in the Treasury. I also draw her attention to my entry in the register of interests, especially my role as president of the Resolution Foundation, on whose analysis of the Autumn Statement I...

Member
Lord Willetts (Conservative)
Type
Proceeding contributions
Date
29 November 2023
Reference
834 cc1112-4
House
House of Lords

My Lords, I also welcome the noble Baroness to the Treasury Bench. I think she will find it interesting to be shaping the state in the future.

The noble Lord, Lord Clarke of Nottingham, in his evidence to the Constitution Committee in June of last year, said that

“there are no votes...

Member
Lord Thomas of Gresford (Liberal Democrat)
Type
Proceeding contributions
Date
29 November 2023
Reference
834 cc1114-5
House
House of Lords

My Lords, as a member of the ranks of the struggling self-employed, I applaud the Autumn Statement, and particularly the idea that we should cut taxes to get growth. It has been mentioned by many Members today; it is a great new idea and it might even catch on. In...

Member
Lord Dobbs (Conservative)
Type
Proceeding contributions
Date
29 November 2023
Reference
834 cc1115-7
House
House of Lords

My Lords, the Budget is further evidence of the Government’s war on low and middle-income families. The 2p reduction in national insurance delivers zero benefit to 19 million adults whose annual income is less than £12,570. The two-child benefit cap continues and removes around £3,000 a year from some of...

Member
Lord Sikka (Labour)
Type
Proceeding contributions
Date
29 November 2023
Reference
834 cc1117-8
House
House of Lords

My Lords, I warmly welcome my noble friend to her new ministerial brief, but I am sorry that I cannot be as welcoming to the Autumn

Statement. I know that all sides of the House, with the possible exception of our Green colleagues, who are not in their places, want...

Member
Baroness Noakes (Conservative)
Type
Proceeding contributions
Date
29 November 2023
Reference
834 cc1118-1120
House
House of Lords

My Lords, it also my pleasure to speak in this important debate and, as always, to hear such a vast array of different and generally extremely eloquent opinions, which somewhat intimidates me, despite my role in some of these issues in the past. In that regard, I also welcome the...

Member
Lord O'Neill of Gatley (Crossbench)
Type
Proceeding contributions
Date
29 November 2023
Reference
834 cc1120-2
House
House of Lords

My Lords, I draw attention to my interests as set out in the register, particularly as chair of the financial services division of the global commercial law firm, DAC Beachcroft.

Like many other speakers, albeit in varying degrees, I warmly welcome the Autumn Statement. I have known the Chancellor of the...

Member
Lord Hunt of Wirral (Conservative)
Type
Proceeding contributions
Date
29 November 2023
Reference
834 cc1122-3
House
House of Lords

My Lords, I welcome the Minister to her place on the Treasury Bench. I will speak on the creative industries.

The big players in the film industry are breathing a sigh of relief, having seen off the threatened restrictions on tax credit relief for commercial party transactions. They also welcome the...

Member
Baroness Featherstone (Liberal Democrat)
Type
Proceeding contributions
Date
29 November 2023
Reference
834 cc1123-5
House
House of Lords

My Lords, like other noble Lords, I welcome my noble friend to her new position, and I am also very pleased at the Chancellor’s decision on full expensing. When he introduced that measure earlier—I cannot remember exactly when—I argued that it would be fully effective only if it was made...

Member
Lord Tugendhat (Conservative)
Type
Proceeding contributions
Date
29 November 2023
Reference
834 cc1125-6
House
House of Lords

My Lords, I welcome the Minister to her new post at the Treasury. That is currently a hugely and unduly powerful department. We are all familiar with departmental Ministers at the Dispatch Box, when faced with an undeniable failing, shrugging and playing the “The Treasury just won’t give me the...

Member
Baroness Bennett of Manor Castle (Green Party)
Type
Proceeding contributions
Date
29 November 2023
Reference
834 cc1126-8
House
House of Lords

My Lords, when I listened to the Autumn Statement, it seemed to contain only good news. On the economic front, public sector net borrowing is reducing; on the tax front, national insurance rates are being cut; with regards to pay, the national living wage is going up by nearly 10%;...

Member
Lord Northbrook (Conservative)
Type
Proceeding contributions
Date
29 November 2023
Reference
834 cc1128-1130
House
House of Lords

My Lords, when I first put my name down for this debate, I did so in order to get extremely angry about the announcement in the Autumn Statement on the end of free prescriptions for certain benefit claimants. However, thanks to the right reverend Prelate the Bishop of London, I...

Member
Lord Davies of Brixton (Labour)
Type
Proceeding contributions
Date
29 November 2023
Reference
834 cc1129-1132
House
House of Lords

My Lords, I was very encouraged by last week’s Autumn Statement and welcomed the policy changes, while recognising the Chancellor’s limited room for manoeuvre. However, before discussing these policy changes, I would like to put the Autumn Statement into some sort of economic context.

All too often, two recent, seismic economic...

Member
Baroness Lea of Lymm (Conservative)
Type
Proceeding contributions
Date
29 November 2023
Reference
834 cc1132-3
House
House of Lords

My Lords, it is always a great pleasure to follow the noble Lord, Lord Desai. He always makes everything sound so seductive and simple.

This afternoon, we have heard many speeches from noble Lords welcoming the excellent provisions in the Autumn Statement. I therefore hope that the Minister, whom I also...

Member
Lord Sherbourne of Didsbury (Conservative)
Type
Proceeding contributions
Date
29 November 2023
Reference
834 cc1153-4
House
House of Lords

My Lords, first, I welcome the noble Baroness, Lady Vere, to the Government’s Treasury Front Bench. Last week we debated a statutory instrument and I failed, until very late in the day, to congratulate her on her new role. I remain mortified by my absence of mind, so I repeat...

Member
Baroness Kramer (Liberal Democrat)
Type
Proceeding contributions
Date
29 November 2023
Reference
834 cc1154-7
House
House of Lords

My Lords, I join others in welcoming the noble Baroness to her new role. It is a privilege to take part in today’s debate, and a pleasure to hear contributions from so many eminent and expert noble Lords.

All of us here have benefited from the intervening week between the Autumn...

Member
Lord Livermore (Labour)
Type
Proceeding contributions
Date
29 November 2023
Reference
834 cc1156-1160
House
House of Lords

My Lords, I am enormously grateful to all noble Lords for their very valuable and interesting contributions to today’s debate and for their kind words in welcoming me to my new role. I have to be honest that there were some very undignified ministerial tears leaving Transport after four and...

Member
Baroness Vere of Norbiton (Conservative)
Type
Proceeding contributions
Date
29 November 2023
Reference
834 c1159
House
House of Lords

Oh!

Type
Proceeding contributions
Date
29 November 2023
Reference
834 c1159
House
House of Lords