Results 18101–18120 of 90000 for speaker:Stephen Timms OR speaker:Stephen Timms OR speaker:Stephen Timms OR speaker:Stephen Timms OR speaker:Stephen Timms

Orders of the Day — Budget Resolutions and Economic Situation (3 Jul 1997)

Stephen Timms: Will the right hon. and learned Gentleman give way?

Orders of the Day — Budget Resolutions and Economic Situation (3 Jul 1997)

Stephen Timms: Will the right hon. and learned Gentleman give way on that very point?

Orders of the Day — Budget Resolutions and Economic Situation (3 Jul 1997)

Stephen Timms: Does the right hon. and learned Gentleman accept the view that the NAO took about the potential savings from the spend-to-save initiative, given that the amounts that he claimed that he would save from that initiative were very much greater than those that have now been confirmed by the NAO?

Bills Presented: Channel Tunnel Rail Link (12 Jun 1997)

Stephen Timms: I am pleased to have the opportunity to support the motion strongly. I am pleased that my hon. Friend the Minister opened the debate, because of her long interest in the project. I commend the role of London and Continental Railways because, as other hon. Members explained, this has been a long saga. The contribution of London and Continental has been imaginative since its participation...

Bills Presented: Channel Tunnel Rail Link (12 Jun 1997)

Stephen Timms: I am grateful to my hon. Friend for that important point. The support of East Anglia for the project was an important factor in the campaign's success. I am pleased to see my hon. Friend the Member for Ipswich (Mr. Cann) in his place. It was while I was leader of Newham council that I first became aware of the views of my hon. Friend the Member for Hackney, South and Shoreditch (Mr....

Prayers: Bank of England (11 Jun 1997)

Stephen Timms: I congratulate my hon. Friend the Member for Hackney, North and Stoke Newington (Ms Abbott) on securing an important debate this morning. I also congratulate the hon. Member for Twickenham (Dr. Cable) on an excellent and well-argued speech. He is an economist by training and, until recently, by occupation, and the House will look forward to hearing more from him in the years ahead. As my...

Bill Presented: Pensions (13 Mar 1997)

Stephen Timms: Will the Secretary of State give way?

Bill Presented: Pensions (13 Mar 1997)

Stephen Timms: I should like to bring the Secretary of State back to the subject of pensions. If I understood him correctly, a few moments ago he said that the companies that have been involved in misselling personal pensions will not be able to be involved in basic pension plus. That includes many of the biggest insurance companies in the country, such as Prudential, Legal and General and others. Is he...

Oral Answers to Questions — Treasury: Private Finance Initiative (13 Mar 1997)

Stephen Timms: Why has none of the major hospital PFI schemes yet been completed? The Government said in the Red Book that there would be £2.5 billion-worth of investment under the PFI next year, but only £1.3 billion had been committed by last December. What is the present shortfall in the amount committed to the PFI, and what will the Government do to bridge the gap and provide desperately needed...

Clause 37: Supplies to Non-Taxable Persons etc. (11 Mar 1997)

Stephen Timms: I shall be very brief. The Minister will recall that we discussed in Committee, under clause 37, the matter of the Custom House and Canning Town community renewal project and the effect that the changes would have on it. My hon. Friend the Member for Bristol, South (Ms Primarolo) and I both mentioned that matter. Amendments Nos. 11, 12 and 13 put into effect the announcements made by the...

New clause 3: Registration of Profit-Related Pay Schemes (11 Mar 1997)

Stephen Timms: Clearly, there is a difficulty that the Minister grasps which I do not. The new clause seems to me to be clear: schemes of the sort that I am describing could not be registered. If that is not so, the Minister will no doubt explain that and perhaps he can propose a form of words that would do the trick, but I hope that he is perhaps showing by his interventions that there is a serious problem...

New clause 3: Registration of Profit-Related Pay Schemes (11 Mar 1997)

Stephen Timms: The problem is that, as I have mentioned, in some schemes, the 13th payment is predictable; there are 12 fixed monthly payments and only the 13th payment varies very marginally. Those schemes comply with the existing Treasury requirements for registration. We are seeking to change the rules so that they would not. If there is a difficulty in the form of words that appears on the amendment...

New clause 3: Registration of Profit-Related Pay Schemes (11 Mar 1997)

Stephen Timms: As Labour Members have said, it is absolutely clear that, since the Budget announcement and the suspicion leading up to the Budget, there has been a stampede into profit-related pay to take advantage of it in its closing years. I pay tribute to my hon. Friend the Member for Rotherham (Mr. MacShane) for extracting from the Minister the information that he has referred to, which puts the scale...

New clause 3: Registration of Profit-Related Pay Schemes (11 Mar 1997)

Stephen Timms: I am grateful to my hon. Friend because that underlines the point that we have a flagrant abuse of the rules with this scheme. I understand that it is widely the case—my hon. Friend the Member for Bristol, South mentioned an example of this in Bristol—that, where employees in a firm anticipate that they will have a 2 per cent. pay rise, the employer says that he will give them a 3 per...

New clause 3: Registration of Profit-Related Pay Schemes (11 Mar 1997)

Stephen Timms: I am not entirely clear what the Minister's difficulty is because our new clause makes it clear that it would exclude from registration a number of schemes for which application was being made, unless

New clause 3: Registration of Profit-Related Pay Schemes (11 Mar 1997)

Stephen Timms: Perhaps the Minister wants to say something more about what the difficulty is.

Oral Answers to Questions — Transport: Millennium Festival (10 Mar 1997)

Stephen Timms: To ask the Secretary of State for Transport what road improvement measures he proposes to improve access to the site of the millennium festival at Greenwich. [17754]

Oral Answers to Questions — Transport: Millennium Festival (10 Mar 1997)

Stephen Timms: I thank the Secretary of State for that answer. He will know that the organisers' plans entail only 1 per cent. of visitors reaching the festival site in their own cars. That means that there will need to be a great deal of parking elsewhere, almost certainly including sites over the river and north of the river in Newham. Does he share my concern that, to make that possible, there will need...

Public Expenditure (6 Mar 1997)

Stephen Timms: I am pleased to be following the right hon. Member for City of London and Westminster, South (Mr. Brooke). I was pleased, too, that he drew attention to the conference that he and I attended at Central hall, Westminster, earlier this week, which addressed the issue of the forgotten 30 per cent. Whatever the defects of its format may have been, it directed attention to a proper concern about...

Public Expenditure (6 Mar 1997)

Stephen Timms: I entirely accept that. My point is that the proportion of our GDP that goes in investment has been very low, particularly since 1992. That has made a big contribution to the problems that I am describing. My right hon. Friend the deputy leader of the Labour party pointed out—I think that I heard him correctly—that we are 19th out of 19 for investment in the OECD. That is particularly...


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