Results 7001–7020 of 7020 for speaker:Sajid Javid

Ways and Means: Budget Resolutions and Economic Situation — Capital Gains Tax (Rates) (24 Jun 2010)

Sajid Javid: The hon. Gentleman's own party said before the election that it expected to make very large, severe cuts, in the order of about 20% in real terms. Our Budget proposes cuts of about 25% in real terms in unprotected Departments. Is he really saying that the only thing bothering him is a difference of 5%? I have not heard anything from Labour Members in the past two or three days that remotely...

Ways and Means: Budget Resolutions and Economic Situation — Capital Gains Tax (Rates) (24 Jun 2010)

Sajid Javid: Personally speaking, on my own behalf, I would not have carried out the bail-out in such a way. I think that the true consequences and costs of that bail-out are yet to be borne out. I know from my own experience of the bond markets that they take no hostages. We now depend on them utterly for the nation's finances. My right hon. Friend the Secretary of State was absolutely right to point out...

Ways and Means: Budget Resolutions and Economic Situation — Capital Gains Tax (Rates) (24 Jun 2010)

Sajid Javid: Yes; Professor Blanchflower has been consistently wrong for the past three years since the crisis started, and he was wrong in what he said yesterday. We have no choice but to cut the deficit, and that requires both cuts in spending and the raising of taxes. As we have heard today, we have to a strike a balance between the two, and the burden must fall on public spending. We have no choice...

Ways and Means: Budget Resolutions and Economic Situation — Capital Gains Tax (Rates) (24 Jun 2010)

Sajid Javid: I should like to plough on for a bit, but I will give way in a moment. The size of our national debt cannot be ignored, either. It has not been mentioned much-we have all talked about the deficit, but let us not forget the enormity of the problem caused by the national debt. Any Government will have to address it at some point. Benjamin Disraeli once said: "Debt is the prolific mother of...

Oral Answers to Questions — Environment, Food and Rural Affairs: Farming Regulation (24 Jun 2010)

Sajid Javid: What plans her Department has to reduce the level of regulation on farmers; and if she will make a statement.

Oral Answers to Questions — Environment, Food and Rural Affairs: Farming Regulation (24 Jun 2010)

Sajid Javid: I welcome those on the Front Bench to their new roles and I thank the Secretary of State for visiting Bromsgrove during the election campaign. The Minister referred earlier to the review of EU regulations, but may I draw his attention to the fact that they are often not enforced by our major trading partners? While we enforce regulations harshly, many EU countries ignore them, so will the he...

Capital Gains Tax (Rates) (23 Jun 2010)

Sajid Javid: The hon. Lady said that our sovereign debt situation is not as bad as that of Greece. We do not just have to use Greece as an example; other countries have faced drastic situations and austerity measures. It is not reasonable to look at the size of the debt as a proportion of GDP; we also have to look at the amount of debt we have been issuing, borrowing £3 billion a week to help fund it. I...

Capital Gains Tax (Rates) (23 Jun 2010)

Sajid Javid: Does the right hon. Gentleman agree that he should also consider the example of Spain, of which I am sure he is more than aware, when talking about our EU neighbours? Despite having a lower debt-to-GDP ratio than us and a lower budget deficit, it is on the verge of a sovereign debt crisis. Its banks have been frozen out of the borrowing markets for the past three weeks, and it has reportedly...

Business of the House: Banking Reform (17 Jun 2010)

Sajid Javid: I welcome the Minister to his new role. Does he agree that these banking reforms will help to boost confidence in the British economy once they are enacted? That will help to keep interest rates lower for longer, boost investment and create jobs.

Business of the House: Public Spending (17 Jun 2010)

Sajid Javid: I thank the Chief Secretary for outlining Labour's cuts. Will he take this opportunity to remind the House just why we face such a difficult spending round?

Opposition Day — [1st allotted day]: Industry (Government Support) (16 Jun 2010)

Sajid Javid: I congratulate Members who have made their maiden speech today-my hon. Friend the Member for Bracknell (Dr Lee) and the hon. Members for Bolton West (Julie Hilling) and for Wansbeck (Ian Lavery). I am glad I made my maiden speech last week, because they have raised the bar even higher. I wish them all the very best in their future careers in the House. I am glad to be speaking in this debate...

Opposition Day — [1st allotted day]: Industry (Government Support) (16 Jun 2010)

Sajid Javid: A few weeks ago, the OECD, the G7 and the International Monetary Fund said that we had no choice but to make the cuts, so I think they would agree with what I have just said. We cannot rely on a benign global economic outlook as we approach the cuts. I believe that the international financial markets are at their most fragile since the collapse of Lehman Brothers in 2008; the euro's troubles...

Opposition Day — [1st allotted day]: Industry (Government Support) (16 Jun 2010)

Sajid Javid: Absolutely, and I think that my right hon. Friend the Secretary of State for Business, Innovation and Skills said earlier that 21,000 new business regulations have been introduced over the past 13 years-six every working day of the last Government-but such talk of regulation also applies as much to EU regulations as to domestic regulations. Much of what comes from Brussels is often...

Oral Answers to Questions — Prime Minister: Financial Services Regulation (16 Jun 2010)

Sajid Javid: Will my right hon. Friend commit to ensuring far greater scrutiny of EU regulation concerning financial matters than the previous Administration ever did, to make sure that it helps, rather than hinders, our banking system?

UK Policy on the Middle East: Emerging Economies (14 Jun 2010)

Sajid Javid: Does the hon. Gentleman agree that one of the reasons why Argentina had all those problems was that when it defaulted on its debt a few years ago, it had both the largest budget deficit and the largest debt per capita on its continent? Does he see any parallels between that situation and the one that his Government left behind after 13 years of power?

Oral Answers to Questions — Work and Pensions: Office for Budget Responsibility (14 Jun 2010)

Sajid Javid: My constituents, like millions of people up and down the country, are very concerned about the direction of mortgage interest rates. Does my right hon. Friend agree that unprecedented transparency in our national finances of this kind will increase our credibility in the global financial markets and help to keep interest rates lower for longer?

Oral Answers to Questions — Work and Pensions: Topical Questions (14 Jun 2010)

Sajid Javid: The Minister will know that spending on welfare doubled under the previous Administration, yet the number of those living in poverty increased. Does he agree that what the previous Administration succeeded in doing was to create the most expensive poverty in history?

Oral Answers to Questions — Prime Minister: Engagements (9 Jun 2010)

Sajid Javid: rose- [ Interruption. ]

Oral Answers to Questions — Prime Minister: Engagements (9 Jun 2010)

Sajid Javid: NHS managers in my Bromsgrove constituency tell me that they are being strangled by the level of bureaucracy. What action will my right hon. Friend the Prime Minister take to make sure that hospitals will never be allowed again to put top-down targets before patient care?

Speaker's Statement: Economic Affairs and Work and Pensions (8 Jun 2010)

Sajid Javid: Thank you, Mr Deputy Speaker, for giving me this opportunity to make my maiden speech. I speak with a particular sense of humility after so many hon. Members have given such admirable maiden speeches, including that just made by the hon. Member for Stretford and Urmston (Kate Green). I have some worthy predecessors. My immediate predecessor was Miss Julie Kirkbride. She was first elected in...


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