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Results 1–20 of 4000 for (in the 'Commons debates' OR in the 'Westminster Hall debates' OR in the 'Lords debates' OR in the 'Northern Ireland Assembly debates') speaker:Ruth Kelly

Council Tax Rebate: The Economy (31 Mar 2009)

Ruth Kelly: Does the right hon. Gentleman accept that by far the main cause of those high deficits is the operation of the automatic stabilisers?

Council Tax Rebate: The Economy (31 Mar 2009)

Ruth Kelly: It is always a pleasure to follow the hon. Member for Twickenham (Dr. Cable). I always enjoy his arguments, about half of which I fully and strongly support, and half of which I disagree with vehemently. However, he makes his arguments with great authority and I am pleased that he has now converted his party to the idea of a fiscal stimulus. Not many weeks ago, he argued that any tax cuts,...

Council Tax Rebate: The Economy (31 Mar 2009)

Ruth Kelly: My hon. Friend is right in parts. Of course, the overwhelming problem was deflation, but how the world reacts to deflation decides whether it will manage to come out of it properly. There is always a case, in specific areas, for really well targeted tariff protection, but overall, the world system has to remain open to growth. We have to accept that 70 per cent. of world trade comes from...

Council Tax Rebate: The Economy (31 Mar 2009)

Ruth Kelly: I do accept that, but I want to go on to quote the Governor of the Bank of England, whom the hon. Gentleman is so fond of quoting, who so pithily expressed it by saying that "banks are global in life and national in death." That is precisely the opposite argument to the one that the Conservative party has been making. In other words, of course Britain was exposed to the global economic...

Council Tax Rebate: The Economy (31 Mar 2009)

Ruth Kelly: The right hon. Gentleman's Front-Bench colleagues are arguing that the only thing we need to do in this recession is to try to get our national banks, and international banks based in London, lending more to people who want to borrow for mortgages and businesses here. I see he is distancing himself from their remarks. I think there is a danger there, too, as I said in an intervention on the...

Council Tax Rebate: The Economy (31 Mar 2009)

Ruth Kelly: Does the hon. Gentleman accept that if every country followed the French model that he proposes, there would be a real danger of financial nationalism, which would in itself pose a threat to a global economic recovery?

Opposition Day — [2nd Allotted Day]: Heathrow (Third Runway) (28 Jan 2009)

Ruth Kelly: It is a great pleasure for me to be able to take part in this debate on an issue that I have dealt with in the past. I want to support the position of my right hon. Friend the Secretary of State, who has taken decisions that have been incredibly brave but also vital for our nation's economic future. Aviation in general, not just the question whether to have a third runway at Heathrow, has had...

Opposition Day — [2nd Allotted Day]: Heathrow (Third Runway) (28 Jan 2009)

Ruth Kelly: I do not agree with that for one second. In fact, regional economic growth would be hampered massively if runway capacity at Heathrow were rationed and constrained in future. I am seriously concerned about the impact on climate change.

Opposition Day — [2nd Allotted Day]: Heathrow (Third Runway) (28 Jan 2009)

Ruth Kelly: No: I have only a very short space of time to make my case, and I would like to proceed. People who argue on climate change grounds that we should not expand Heathrow miss two essential points. The first is the social value of flying—something to which we all, as individuals, attach enormous importance. Travelling improves our lives. It enables us to visit places and understand cultures in...

Opposition Day — [2nd Allotted Day]: Heathrow (Third Runway) (28 Jan 2009)

Ruth Kelly: I give way to the hon. Gentleman, who I know has made this environmental case in the past.

Opposition Day — [2nd Allotted Day]: Heathrow (Third Runway) (28 Jan 2009)

Ruth Kelly: I agree that the cost of flying should reflect its full environmental and social costs, and I shall develop that point in a moment. The economic value of flying is another point that people often misunderstand. This country is a global hub of finance, trade and culture, and its competitiveness is supported by aviation in a real and direct way. Fast, effective connections to international...

Opposition Day — [2nd Allotted Day]: Heathrow (Third Runway) (28 Jan 2009)

Ruth Kelly: No, I will not. The transfer business is often derided by the Opposition and by sceptics in the press. That business is sometimes generated by short-haul flights from within the UK and sometimes by flights passing through London on their way from, say, the United States to Singapore, which enable people to board a direct flight from the UK to their destination. People in London and elsewhere...

Opposition Day — [2nd Allotted Day]: Heathrow (Third Runway) (28 Jan 2009)

Ruth Kelly: I will not. Of course, access to a hub airport is not the only consideration that such businesses will take into account. There is also the use of the English language, the time zone—

Opposition Day — [2nd Allotted Day]: Heathrow (Third Runway) (28 Jan 2009)

Ruth Kelly: There is also tax, and there are all sorts of other issues for those businesses to consider. However, access to a hub airport is clearly an important one. If a company depends on growing business in India or China, having to conduct business via a hub airport in mainland Europe or the far east will add several hours to each journey and cause huge inconvenience, not to mention the impact on...

Opposition Day — [2nd Allotted Day]: Heathrow (Third Runway) (28 Jan 2009)

Ruth Kelly: I have only one minute left, so I beg the hon. Gentleman to wait. In the end, I believe that the matter comes down to an old-fashioned debate between using rationing to shape individual choices and achieving what we want by shaping outcomes through the market mechanism. If we can do that through trading, people will ultimately be much more satisfied, as they will be allowed to make the...

Opposition Day — [2nd Allotted Day]: Heathrow (Third Runway) (28 Jan 2009)

Ruth Kelly: Will the hon. Lady give way?

Opposition Day — [2nd Allotted Day]: Heathrow (Third Runway) (28 Jan 2009)

Ruth Kelly: Will the hon. Lady give way?

Business of the House: Transport Infrastructure (15 Jan 2009)

Ruth Kelly: I congratulate my right hon. Friend on what is truly a courageous and far-sighted decision to give the go-ahead to a third runway at Heathrow, and to consider seriously the case for new high-speed rail. I welcome, too, the commitment in his statement to look at the economic regulation of airports. Is it not now the time to consider tough new service standards for passengers? For example, any...

Points of Order: Emergency Debate — Pre-Budget Report (26 Nov 2008)

Ruth Kelly: It is a pleasure to address the House this afternoon, and I for one welcome the opportunity to debate the pre-Budget report. It is an incredibly significant economic and financial statement not only in its own terms, but because it has redrawn the financial and economic dividing lines between the two major political parties, perhaps for years to come. This afternoon, the Conservative...

Points of Order: Emergency Debate — Pre-Budget Report (26 Nov 2008)

Ruth Kelly: I intend to discuss how to try to get banks lending to each other again in due course. Creating a "bad bank" to deal with toxic assets is not necessarily the right way forward, partly because it is incredibly difficult to value those assets appropriately and the Government end up taking all the very worst of the debt without appreciating its true value. Of course, everything ought to remain...


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