Results 81–100 of 12353 for speaker:Philip Hammond

Oral Answers to Questions — Treasury: Topical Questions (6 Nov 2018)

Philip Hammond: I am grateful to the hon. Gentleman. Of course we will work constructively with the Scottish Government to ensure that we can mitigate in every way possible the impact on the community of these very large numbers of job losses.

Previous Business – Commons: Select Committee (5 Nov 2018)

Treasury: Budget 2018. 4:30 pm; The Wilson Room, Portcullis House
Witnesses: Rt Hon Philip Hammond MP, Chancellor of the Exchequer Dan York-Smith, Director for Strategy, Planning and Budget, HM Treasury

Written Ministerial Statements — Treasury: Capital payment to an International Financial Institution - Contingent Liability (1 Nov 2018)

Philip Hammond: I am today laying a Departmental Minute to advise that HM Treasury intends – subject to the standard procedure for notification to Parliament of the assumption of contingent liabilities as described below – to make the government’s fourth and fifth annual capital contributions of US$122,180,000 (approx. £95.3m[1]) to the Asian Infrastructure Investment Bank at year end 2018 and year...

Ways and Means - Financial Statement (29 Oct 2018)

Philip Hammond: Today, I present to the House a Budget for Britain’s future: a Budget that shows the perseverance of the British people finally paying off; a Budget for hard-working families who live their lives far from this place and care little for the twists and turns of Westminster politics. People who get up early every morning, who open up factories, shops, and building sites, drop their kids off at...

Ways and Means - Financial Statement (29 Oct 2018)

Philip Hammond: Well, at least I am demonstrating that we are all British. This relief will extend to any such facilities made available for public use, whether publicly or privately owned. I can honestly say that that is virtually the only announcement in this Budget that has not leaked. [Hon. Members: “More!”] We cannot resolve the productivity challenge or deliver the high standards of living that the...

Ways and Means - Financial Statement (29 Oct 2018)

Philip Hammond: I hear the hon. Lady, but her point is slightly blunted by the fact that she made it in the autumn of 2016, again in the spring of 2017 and again in the autumn of last year. As well as making work pay, we want working people to keep more of the money that they earn. When we came into office, the personal allowance stood at £6,475 and the higher rate threshold was at £43,875. In April, I...

Ways and Means - Financial Statement (29 Oct 2018)

Philip Hammond: Formally.

Written Ministerial Statements — Treasury: ECOFIN: 2 October 2018 and Informal ECOFIN: 7-8 September 2018 (11 Oct 2018)

Philip Hammond: An informal meeting of the Economic and Financial Affairs Council (ECOFIN) was held in Vienna on 7- 8 September 2018. The Council discussed the following: Working Lunch - The European Investment Bank: Achievements and future challenges Based on a Presidency Issues Note, the Council discussed the achievements and future challenges of the European Investment Bank (EIB). Working Session I The...

Points of Order (11 Sep 2018)

Philip Hammond: indicated dissent.

Oral Answers to Questions — Treasury: Pubs (11 Sep 2018)

Philip Hammond: Pubs are a vital part of our local communities and the Government are committed to supporting them, which is why I froze all alcohol duties in the 2017 Budget. That freeze, and cuts in alcohol taxes since 2013, mean that a typical pint of beer is 12p cheaper than it would otherwise have been. Pubs are also benefiting from recent wider reforms of business rates that will be worth £10 billion...

Oral Answers to Questions — Treasury: Pubs (11 Sep 2018)

Philip Hammond: My hon. Friend has detailed a remarkable turnaround in the fortunes of a pub. I congratulate the Friends of Haden Cross on that success, and on making such good use of the “assets of community value” scheme to save their local. The Government remain clear about the fact that local pubs are instrumental in facilitating the support networks and social interactions that are such a vital part...

Oral Answers to Questions — Treasury: Pubs (11 Sep 2018)

Philip Hammond: Provided that I can have it in writing that my hon. Friend is buying, I am very tempted to consider his offer. I will negotiate with him. I understand the pressure that pubs and many other traditional businesses are facing. Pubs in Shrewsbury have benefited from recent cuts in alcohol duties and business rates, but of course we recognise the challenge that many smaller businesses face, and we...

Oral Answers to Questions — Treasury: Pubs (11 Sep 2018)

Philip Hammond: It is true that pubs are assessed in a different way from other retail premises for business rates purposes. We looked into that recently and concluded that the current system was in fact the best system for pubs, but I shall be happy to look into it again. We all recognise—every single one of us, whichever part of the country we represent—that high streets are under pressure, primarily...

Oral Answers to Questions — Treasury: Pubs (11 Sep 2018)

Philip Hammond: The hon. Gentleman will know that we have the start-up loan scheme, which provides support for entrepreneurs starting small businesses, and the Government will continue to encourage small businesses to be established and then to grow.

Oral Answers to Questions — Treasury: Fuel Duty (11 Sep 2018)

Philip Hammond: To support British households, the Government have frozen fuel duty for eight successive years. By April 2019, these freezes will have saved the average car driver £850 compared with the pre-2010 escalator, and the average van driver over £2,100, but it is important that we remember the other side of this coin. The fuel duty freezes since 2011 have meant that the Exchequer has forgone...

Oral Answers to Questions — Treasury: Fuel Duty (11 Sep 2018)

Philip Hammond: The analysis that my right hon. Friend refers to is from 2014, and obviously that analysis would have to be looked at again in the context of the economy today. I do understand that the way the rise in oil prices has had feed-through to the pump represents a real pressure for motorists, and we will take it into account.

Oral Answers to Questions — Treasury: Fuel Duty (11 Sep 2018)

Philip Hammond: I don’t know about forever, but it has gone on for eight years, as I have just explained to the House. The hon. Gentleman is right: the car fleet has to electrify if we are going to meet our carbon emissions targets. We set up a £400 million fund in the last Budget to support the roll-out of electric charging infrastructure, which is clearly critical for us to meet those targets.

Oral Answers to Questions — Treasury: Fuel Duty (11 Sep 2018)

Philip Hammond: Of course. We have sought, despite the very difficult fiscal circumstances, to address drivers of cost for households, for example by freezing fuel duty and alcohol duty. On the other side of the equation, we have reduced the tax that people are paying on their wages and raijsed the earning of those on the lowest wages by introducing and then increasing the national living wage.

Oral Answers to Questions — Treasury: Fuel Duty (11 Sep 2018)

Philip Hammond: Many people are dependent on vehicles for everyday living and for work. As I have already said, we understand the pressure that higher oil prices and their feed-through to the pumps presents for individual consumers. We take all such matters into account when setting future policy.


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