Results 121–140 of 331 for speaker:Leo Docherty

Royal Navy Base: Bahrain (20 Nov 2018)

Leo Docherty: I beg to move, That this House has considered the strategic importance of the new Royal Navy base in Bahrain. I am pleased to introduce this debate about the strategic importance of the new Royal Navy base in Bahrain, HMS Juffair. I draw hon. Members’ attention to my entry in the Register of Members’ Financial Interests, which shows that I have a long-standing and significant interest in...

Royal Navy Base: Bahrain (20 Nov 2018)

Leo Docherty: Indeed. Our contribution to global free trade and the free flow of commerce around the world will be more important than ever, and we are uniquely well placed, along with our allies—the United States and others—to play a key role in that.

Royal Navy Base: Bahrain (20 Nov 2018)

Leo Docherty: My hon. Friend makes a very good point. I will mention that shortly, but absolutely, we should see this base as a model for the way we work with other GCC allies. I know there is significant appetite in Oman and Kuwait, for example, for greater co-operation between our militaries. As my hon. Friend points out, we must remember that some 20% of the world’s oil flows through the strait of...

Royal Navy Base: Bahrain (20 Nov 2018)

Leo Docherty: My hon. Friend makes an extremely good point that runs to the heart of the matter. If we wish to project our global influence on a basis that suits us and represents the values we stand for, we must do so. If we do not, others will, and they will do it less well and the outcome for everyone in the region will be worse. The national security objectives are clearly laid out. They are to protect...

Royal Navy Base: Bahrain (20 Nov 2018)

Leo Docherty: The influence and close relationships that we have allow us to do exactly that, and I encourage the hon. Lady to visit the Kingdom of Bahrain at the earliest opportunity to see the reality for herself.

Royal Navy Base: Bahrain (20 Nov 2018)

Leo Docherty: My hon. Friend is right. This is a demonstration of a model that perhaps we should use in other places in future. This is not just about the Royal Navy, because the capacity for the Army to stay as a company group at the UK naval facility in Juffair presents tremendous training and partnership opportunities with the Bahraini army, which would be to its benefit and to ours. That spirit of...

Finance (No. 3) Bill: Basic rate limit and personal allowance (19 Nov 2018)

Leo Docherty: My hon. Friend is making an eloquent speech. He is right to point out the voodoo economics surrounding the Labour party’s plan for nationalisation. As he has said, we are not simply talking about the fact that it will cost £176 billion across the whole country; if we divide that up per household, my constituents in Aldershot are deeply alarmed at the prospect of having to pay £6,471 for...

Finance (No. 3) Bill: Basic rate limit and personal allowance (19 Nov 2018)

Leo Docherty: I share my hon. Friend’s thoughts about the increase in the personal allowance. Does he agree that one of the very significant positive things in this Finance Bill is also the—I am sorry; I will let him continue.

Finance (No. 3) Bill: Basic rate limit and personal allowance (19 Nov 2018)

Leo Docherty: I am very grateful to my hon. Friend for giving way and giving me another chance. He mentioned inflation. Does he share my view that the fact that the annual deficit has been reduced by 80% since 2010 is another very significant piece of progress with regard to inflation?

Finance (No. 3) Bill: Basic rate limit and personal allowance (19 Nov 2018)

Leo Docherty: I am grateful to you, Sir Lindsay. I will come back more pertinently and conclude by bringing the debate back to the effect on small businesses. I hugely welcome the cut in business rates in the Finance Bill.

Finance (No. 3) Bill: Basic rate limit and personal allowance (19 Nov 2018)

Leo Docherty: I am wholehearted in my support for the changes to entrepreneurs’ relief. I was in my constituency of Aldershot on Friday, visiting one of the many small and medium-sized enterprises that are the backbone of our economy there. Gemini Tec is one of the leading manufacturers of short circuit boards in the country, and that business is successful because of the entrepreneurs who have been...

Finance (No. 3) Bill: Basic rate limit and personal allowance (19 Nov 2018)

Leo Docherty: This is not a debate on universal credit. This is actually about job creation. That is the more important point when it comes to entrepreneurs’ relief.

Finance (No. 3) Bill: Basic rate limit and personal allowance (19 Nov 2018)

Leo Docherty: Of course the best way to measure the effect of this is in employment growth. I expect these changes to further deepen the positive impact and the positive growth in employment that we have seen recently. Having considered these amendments, I am delighted to welcome the Bill wholeheartedly. Government Members must be confident about supporting our balanced approach, in contrast to the...

Finance (No. 3) Bill: Basic rate limit and personal allowance (19 Nov 2018)

Leo Docherty: It is an honour to follow the right hon. Member for Twickenham (Sir Vince Cable). I welcome the Bill. As we consider the amendments, we are faced with a stark choice that faces all politicians and members of the public when they consider the basic question of how we manage our economy and how we manage tax and spending. It is the stark choice between responsibility and recklessness. If we...

Finance (No. 3) Bill: Basic rate limit and personal allowance (19 Nov 2018)

Leo Docherty: Absolutely, and the bottom line is that that allows more people to spend more of their own money doing what they want. That is what this Government deliver.

Finance (No. 3) Bill: Basic rate limit and personal allowance (19 Nov 2018)

Leo Docherty: My right hon. Friend has made a very good point. The rise is not just good for the taxpayer, but good for the Government. This balanced, responsible approach is in stark contrast to the reckless and ideologically driven approach of the Opposition. Members will probably need no reminding that in 2016 the shadow Chancellor declared, “I am a Marxist”. He pursues—well, let us call it a...

Finance (No. 3) Bill: Basic rate limit and personal allowance (19 Nov 2018)

Leo Docherty: You are absolutely right, Sir Lindsay. I certainly will not be tempted to stray from the clauses and new clauses that we are considering. It is, of course, important to consider the approach to ownership of private property that the shadow Chancellor and his party laid out last year in a document that Members can obtain from the Library, entitled “Alternative Models of Ownership”.

Finance (No. 3) Bill: Basic rate limit and personal allowance (19 Nov 2018)

Leo Docherty: It is relevant because it puts renationalisation at the front and centre of the Labour party’s economic policy. Regrettably, there are no figures in the document. That is because the cost of renationalisation, calculated by the Centre for Policy Studies, would be £176 billion: £6,471 for every single household. That is a deeply alarming fact. That approach was given further voice when,...


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