Results 1–20 of 3203 for speaker:Lord Flight

Oral Answers to Questions — Prime Minister: Engagements (11 Jun 1997)

Mr Howard Flight: I am sure that the Prime Minister will be aware that the majority of shares in the privatised utilities are owned by pension funds or pensioners. Will he assure the House that, as the previous Government provided compensation to pensioners who suffered from the increase in VAT on fuel, the Government will provide compensation to pensioners and pension funds that suffer a loss of value in...

Orders of the Day — Firearms (Amendment) Bill (11 Jun 1997)

Mr Howard Flight: Thank you, Mr. Deputy Speaker, for calling me to give my maiden speech. I am privileged to represent the new Arundel and South Downs constituency. As many hon. Members may know, it is a beautiful part of England. It nestles under the south downs and is twice the size of the Isle of Wight. It comprises parts of five previous constituencies, the three main ones being Horsham, Arundel and...

International Development (1 Jul 1997)

Mr Howard Flight: May I, also still a new boy, congratulate the hon. Member for City of Chester (Ms Russell) on a fluent, warm and kind maiden speech. I share her views entirely about British education and about expanding places at our universities. Despite the risk that people may stay here and work, most go back to their countries and make a valuable contribution. I echo the tribute that has been paid by...

Orders of the Day — Budget Resolutions and Economic Situation (4 Jul 1997)

Mr Howard Flight: I will be brief. My hon. Friend the Member for Ashford (Mr. Green) has it. The Budget has been greeted well by the markets and got quite a good reception in the House, but in time it will be seen to be extremely bad. It cannot meet its objectives of stimulating investment or, despite the good intent, of increasing employment. Investment is about whether companies are cash rich or not, and...

Orders of the Day — Sussex Downs Conservation Board (4 Jul 1997)

Mr Howard Flight: I wish to raise the subject of the Sussex Downs conservation board. I hope that many hon. Members who are in the Chamber and many hon. Members who are not have visited the beauties of the south downs, along which my constituency runs for about 30 miles. The Sussex Downs conservation board was established in 1992, by voluntary co-operation between the Countryside Commission and 13 local...

Bill Presented: Pensions (9 Jul 1997)

Mr Howard Flight: First, I should disclose that I have spent 25 years in the investment management industry. I spent the past 12 running a business and I remain a director of a company that manages a number of pension fund portfolios. I believe that the new Government will come to rue the day that they abolished advance corporation tax refunds for pension funds. It would have been a sufficiently major change...

Bill Presented: Pensions (9 Jul 1997)

Mr Howard Flight: Thank you for correcting me, Mr. Deputy Speaker. With the minimum funding requirement coming in this April, it is unwise to change the playing field, there being a need for things to work themselves out. My right hon. Friend the Member for Hitchin and Harpenden (Mr. Lilley), the shadow Chancellor of the Exchequer, began by highlighting the contribution to the economy that has been made by...

Television Licence Payments (Age Exemption) (15 Jul 1997)

Mr Howard Flight: I beg to move, That leave be given to bring in a Bill to amend the Wireless Telegraphy Act 1949 to exempt persons who have attained the age of 75 from paying the fee for certain wireless telegraphy licences; to make provision with respect to the funding of the BBC; and for connected purposes. I hope to persuade the Secretary of State for Social Security to make good the finance to the BBC. I...

Welsh Assembly (22 Jul 1997)

Mr Howard Flight: Will the Secretary of State comment further on the precise powers that the Assembly will have in the domestic areas of health, education and housing? Either those powers will be meaningful and greater than the powers that local authorities already have, or the Assembly will be little more than a talking shop. If it has powers to act contrary to the Government of the day, will that not have...

Orders of the Day — Social Security Bill (22 Jul 1997)

Mr Howard Flight: The Secretary of State's presentation of the Bill struck me as disingenuous. The Bill is, fundamentally, about saving money—as has been pointed out, it is the "Peter Lilley memorial Bill"—and I think that it would have been better had the Secretary of State made that clear. As my hon. Friends have said, we do not oppose the Bill as such, although I have reservations about it, but I would...

Orders of the Day — Social Security Bill (22 Jul 1997)

Mr Howard Flight: Answer the question.

Oral Answers to Questions — International Development: Trade Barriers (23 Jul 1997)

Mr Howard Flight: To ask the Secretary of State for International Development what representations she has received about the reduction of tariff and non-tariff barriers in developing countries. [8363]

Oral Answers to Questions — International Development: Trade Barriers (23 Jul 1997)

Mr Howard Flight: Looking at the other side of the coin, it is observable that the least successful developing economies tend to have the most closed external tariff regimes. Are the Government keeping an effective register of the tariff regimes and non-tariff barriers to trade of developing economies? Are they also collaborating with both the International Monetary Fund and the World bank in our aid policy to...

Oral Answers to Questions — Social Security: Incapacity Benefit (28 Jul 1997)

Mr Howard Flight: Will it not be more difficult for people to claim incapacity benefits as a result of the stricter medical tests proposed in the Social Security Bill?

Orders of the Day — Finance Bill: Mortgage Interest Payments (28 Jul 1997)

Mr Howard Flight: The crucial point is that, just three months ago, the Labour party presented the electorate with the proposal that the ordinary person would not suffer an increase in taxation. This measure is an increase in taxation of £100 a year and it will particularly affect the ordinary young family. It comes at the wrong time. Interest rates may be low in nominal terms, but they are high in real terms...

Orders of the Day — Finance Bill: Withdrawal of Relief on Medical Insurance Premiums (28 Jul 1997)

Mr Howard Flight: If 600,000 people simply left the private sector and received treatment in the state health sector, a massive increase in NHS funding would be necessary and taxes would have to be raised. The very crude point is that people, to the extent that they take out private insurance, are saving the NHS a major bill.

Clause 36: Foreign Income Dividends (29 Jul 1997)

Mr Howard Flight: After the attack on pension fund accumulations, the two other aspects of the Finance Bill that do most damage are the abolition of foreign income dividends and of TESSAs and PEPs in 1999, without announcing what the Government intend to put in their place. The main advantage of the Anglo-Saxon economies of north America and Britain, in contrast the continental Europe economies, has always...

Clause 36: Foreign Income Dividends (29 Jul 1997)

Mr Howard Flight: Thank you, Mr. Deputy Speaker; I apologise. I ask the indulgence of yourself and of the House, however, because the matters are interrelated. As you will have noted, when Conservative Members make a point about something damaging investors' interests—whether it is abolition of ACT or of FIDs—we receive the reply from Ministers, "But we have this new savings scheme, which will answer all...

Clause 36: Foreign Income Dividends (29 Jul 1997)

Mr Howard Flight: I hear what you say, Mr. Deputy Speaker. I hope that you will give me an opportunity on Third Reading to deal with the matter. The point that I wish to stress is that abolition of FIDs and the other tax proposals that I have mentioned will not only damage for UK international businesses but bring a lack of clarity to our tax system. The measures are also damaging to the UK investment...

Economic and Monetary Union (27 Oct 1997)

Mr Howard Flight: What the Chancellor has said today is dramatically different from that which appeared on 26 September in the Financial Times. I should like to know why the Chancellor did not contradict it at the time, if Government policy was as described today. I should like to know that the Chancellor and the Prime Minister realise that they have lost the confidence of the financial community that they...


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