Results 81–100 of 12270 for speaker:Philip Hammond

Oral Answers to Questions — Treasury: Economic Growth (22 May 2018)

Philip Hammond: The Government’s view is that a unified rate of VAT across the United Kingdom is an important part of our single market of the United Kingdom, which is an essential economic good for the whole of this country.

Oral Answers to Questions — Treasury: Economic Growth (22 May 2018)

Philip Hammond: We absolutely look forward to being able to make progress on the Moray growth deal, and I am very happy to meet my hon. Friend. I know that the Exchequer Secretary, who is dealing with this matter, would also be pleased to meet him.

Oral Answers to Questions — Treasury: Economic Growth (22 May 2018)

Philip Hammond: As the hon. Gentleman knows, I firmly believe that the service that will be provided on the route from London to Swansea will deliver exactly what passengers have bargained to get, without the need for the disruption and cost of overhead electrification. We will look at the funding needs of all parts of the United Kingdom appropriately, to support economic growth and to reduce regional...

Oral Answers to Questions — Treasury: Economic Growth (22 May 2018)

Philip Hammond: Precisely, Mr Speaker. It is the economic growth generation potential of housing development that we will take into account when evaluating transport proposals. In relation to the specific project to which my hon. Friend refers, the Exchequer Secretary advises me that the Department for Transport is eagerly awaiting a business plan for the project from the relevant local authority.

Oral Answers to Questions — Treasury: Economic Growth (22 May 2018)

Philip Hammond: The Government will look carefully at proposals from Yorkshire leaders for a devolution settlement, provided that it does not undermine the existing South Yorkshire-Sheffield city region devolution settlement that has already been established, with a Mayor already elected.

Oral Answers to Questions — Treasury: Economic Growth (22 May 2018)

Philip Hammond: As my hon. Friend will know, the Chief Secretary to the Treasury has a great interest in that proposal. Without even needing to consult her, I can say without hesitation that she will be delighted to meet him and his colleagues.

Oral Answers to Questions — Treasury: Topical Questions (22 May 2018)

Philip Hammond: My principal responsibility is to ensure economic stability and the continued prosperity of the British people, and I will do so by building on the plans set out in the autumn Budget and the spring statement. The Government’s balanced approach to the public finances enables us to give households, businesses and our public services targeted support in the near term, and to invest in...

Oral Answers to Questions — Treasury: Topical Questions (22 May 2018)

Philip Hammond: On the publication of Government analysis, I have made it clear on several occasions that once Parliament is being asked to vote on a proposal—on a package—it will be appropriate for the Government to publish the analysis that they have, to make sure that that debate is as informed as possible. The future trajectory of household incomes will depend, in part, on the quality of the...

Oral Answers to Questions — Treasury: Topical Questions (22 May 2018)

Philip Hammond: The hon. Lady focuses rightly on output per hour. The problem is a productivity gap between the regions of the UK and the most prosperous areas of London. We have to close that productivity gap. That is in the interest of not only those individual regions, but our overall national economy. We will do so by investing in public infrastructure and in skills, and by ensuring that the conditions...

Oral Answers to Questions — Treasury: Topical Questions (22 May 2018)

Philip Hammond: A pilot railcard for that age group was launched as a trial, and was fully subscribed very quickly. The Department for Transport will be announcing in due course when the continuation of the scheme will take place.

Oral Answers to Questions — Treasury: Topical Questions (22 May 2018)

Philip Hammond: As I think I have already said earlier in this session, we will be consulting, during the course of this year, on the design of the UK Shared Prosperity Fund, the scope and scale of the fund and how the money in the fund should be allocated. I look forward to the hon. Gentleman’s input to that consultation.

Oral Answers to Questions — Treasury: Topical Questions (22 May 2018)

Philip Hammond: The Government are committed to exploring all technologies that will keep data safe and create opportunities for innovation. Blockchain is one such technology, but the Government will also be examining other even more innovative distributive ledger technologies.

Oral Answers to Questions — Treasury: Topical Questions (22 May 2018)

Philip Hammond: We have not yet concluded our negotiations with the European Union, so it is impossible to make any assessment of the impact of our departure until we know what the future relationship with the EU will be. This Government’s agenda is to get the best possible deal for Britain that protects jobs, prosperity and businesses, so that we can protect our existing trade with the EU as well as...

Oral Answers to Questions — Treasury: Topical Questions (22 May 2018)

Philip Hammond: I am tempted to wonder whether my hon. Friend might have discussed that question with the Mayor of the West Midlands before asking it. It would be remiss of me to stand at the Dispatch Box and say that I would accept any bid, but I am certainly willing to consider any proposals from the Mayor of the West Midlands, or from any other elected mayor, to address the skills challenge that we face...

Written Ministerial Statements — Treasury: ECOFIN: 27-28 April 2018 (8 May 2018)

Philip Hammond: An informal meeting of the Economic and Financial Affairs Council (ECOFIN) was held in Sofia on 27-28 April 2018. The Council discussed the following: Working Lunch - Deepening of the Economic and Monetary Union Based on a Presidency Issues note, the Council exchanged views on the ECOFIN Council Roadmap of June 2016 on completing the Banking Union. This was followed by an update from the...

Written Ministerial Statements — Treasury: ECOFIN: 27-28 April 2018 (27 Apr 2018)

Philip Hammond: An informal meeting of the Economic and Financial Affairs Council (ECOFIN) will be held in Sofia on 27-28 April 2018. The Council will discuss the following: Working Lunch - Deepening of the Economic and Monetary Union Based on a Presidency Issues note, the Council will exchange views on the ECOFIN Council Roadmap of June 2016 on completing the Banking Union. This will be followed by an...

Previous Business – Commons: Select Committee (25 Apr 2018)

Treasury: The Work of the Chancellor of the Exchequer. 4:00 pm; The Wilson Room, Portcullis House
Witnesses: The Rt Hon Philip Hammond MP, Chancellor of the Exchequer, HM Treasury Sir Tom Scholar, Permanent Secretary to the Treasury

Oral Answers to Questions — Treasury: Tax Avoidance and Evasion (17 Apr 2018)

Philip Hammond: Since 2010, Her Majesty’s Revenue and Customs has secured more than £175 billion that would have gone unpaid and introduced more than 100 new measures to crack down on tax avoidance, tax evasion and other forms of non-compliance, so that the tax gap is now at a record low, and one of the lowest in the world, at 6%.

Oral Answers to Questions — Treasury: Tax Avoidance and Evasion (17 Apr 2018)

Philip Hammond: I am grateful to my hon. Friend for raising this issue. It is a great achievement to have got the tax gap down to one of the lowest in the world, but we are not complacent. We are currently calling for evidence on whether online platforms should play a greater role in ensuring tax compliance by their users; we are consulting on an innovative split payment method to tackle online VAT fraud;...


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