Results 1–20 of 1921 for in the 'Commons debates' speaker:Jacob Rees-Mogg

Grenfell Tower (22 Jun 2017)

Jacob Rees-Mogg: Thank you, Mr Speaker. At the end of her compassionate and comprehensive statement, my right hon. Friend the Prime Minister said that we had to think about the people living very different lives from ourselves. As I am sure she knows, in opinion surveys going back over decades people never said they wanted to live in tower blocks. Can we change public policy so that tower blocks can become a...

Debate on the Address: [1st Day] (21 Jun 2017)

Jacob Rees-Mogg: It is a pleasure to follow the hon. Member for Newcastle upon Tyne North (Catherine McKinnell). I was particularly delighted to hear that she had a birthday on election day, because so did my son, and cake was all over the Rees-Mogg household on that day, as I hope was the case in Newcastle upon Tyne North. I particularly want to congratulate my hon. Friend the Member for Chelmsford (Vicky...

Debate on the Address: [1st Day] (21 Jun 2017)

Jacob Rees-Mogg: May congratulate the hon. Gentleman on becoming leader of the SNP group in Parliament? He is widely respected across the House and will, I think, be a brilliant leader for his troops. Does he not find that actually the SNP and the Tories are in the same position, because we both did less well than expectations but we both won more votes in our respective areas?

Debate on the Address: [1st Day] (21 Jun 2017)

Jacob Rees-Mogg: Further to that point of order, Mr Speaker. The right hon. Gentleman, the Leader of the Opposition, said about 10 minutes ago, “In conclusion.” I fear, as time has passed, that he may be in danger of inadvertently having misled the House, and I thought you might want to take the opportunity to set this right.

Early Parliamentary General Election (19 Apr 2017)

Jacob Rees-Mogg: But does this not demonstrate why the Fixed-term Parliaments Act can never work? No Opposition can sensibly say that they would prefer a Government they oppose to continue in office, rather than having a chance to defeat them. The Act does not therefore fit within our constitution, and it ought to go.

Finance (No. 2) Bill (18 Apr 2017)

Jacob Rees-Mogg: Does the hon. Gentleman share my concern that the difficulty with doing this through charges is that they come through in a statutory instrument, whereas new taxes go through a much fuller parliamentary procedure, and we should all be concerned about taxes that do not see the full rigour of parliamentary scrutiny?

Finance (No. 2) Bill (18 Apr 2017)

Jacob Rees-Mogg: It is a great pleasure to follow the hon. Member for Birmingham, Selly Oak (Steve McCabe) and to join in this discussion on the great subject of sugar. While listening to my hon. Friend the Member for Vale of Clwyd (Dr Davies), who told us the extraordinary fact that an average five-year-old eats his own body weight in sugar during the course of a year, I considered my own children. I do...

Finance (No. 2) Bill (18 Apr 2017)

Jacob Rees-Mogg: I give way to another hon. Gentleman for whom it is fine to eat lots of sugar.

Finance (No. 2) Bill (18 Apr 2017)

Jacob Rees-Mogg: There is indeed an advertising industry, but we live in a free country and people ought to be able to advertise products. We have a lot of misinformation, have we not? We now learn that fat is not as bad for people as it was said to be, and that people have put sugar into products from which they have removed the fat in order to make them taste nicer because fat-free products without sugar...

Finance (No. 2) Bill (18 Apr 2017)

Jacob Rees-Mogg: Absolutely. That is an important part of the reforms, but there has perhaps been a tone—more from the previous Chancellor than from the current Chancellor—that the non-doms were using the system. A lot of them could actually go anywhere in the world, but they come here because of the great virtues of investing in the UK: we have clear rights of property; we have an effective rule...

Finance (No. 2) Bill (18 Apr 2017)

Jacob Rees-Mogg: I look forward to reading the characteristically accurate transcript Hansard will have for us tomorrow. The great thing about Hansard is that it allows us to correct our grammar—indeed, it often corrects it for us—but it does not allow us to correct the sense, so we will see what was said precisely. That is the choice. If the hon. Gentleman now wishes to move away from that choice...

Finance (No. 2) Bill (18 Apr 2017)

Jacob Rees-Mogg: I would explain the national debt of approaching £2 trillion because of the place where we started. It is very interesting that when the previous Chancellor, my right hon. Friend the Member for Tatton (Mr Osborne), started reducing the deficit he was told by Opposition Members, “Too far, too fast!” They chanted it like a mantra as he stood at the Dispatch Box nobly defending...

Finance (No. 2) Bill (18 Apr 2017)

Jacob Rees-Mogg: It has succeeded. We have the fastest growing economy in the G7. For all the stuff we heard a year ago, the economy has carried on motoring ahead. The economy has done pretty well every year now since 2010. That is the success of the economic strategy that the Government followed. The deficit is about a third of what it was in nominal terms, but as a percentage of GDP it is now within the...

Finance (No. 2) Bill (18 Apr 2017)

Jacob Rees-Mogg: I do apologise for a lack of humility. I shall try to do better in that regard. I am, however, flattered that the hon. Gentleman remembers my speeches from years ago. I admire his attention to the debates in this House. The point I was making then was that a deficit of £150 billion a year, or 10% or 11% of GDP, was completely unsustainable. It is now down to about £50 billion and...

Finance (No. 2) Bill (18 Apr 2017)

Jacob Rees-Mogg: My hon. Friend comes from Somerset and her parents are constituents of mine. For both those reasons, she is invariably right and on this occasion particularly so. There is no money tree. It has to come from the success of businesses. It is a matter of balance. The hon. Member for Stalybridge and Hyde (Jonathan Reynolds) wishes to get away from that balance, but it had to be done at the right...

Finance (No. 2) Bill (18 Apr 2017)

Jacob Rees-Mogg: Targets are based on forecasts and forecasts have variables within them that even the wonderful, or not always wonderful, boffins cannot get absolutely right. What matters is not the precision of the forecast, but the broad trend of the economy. We have had consistent economic growth. We have the highest employment on record. This is an enormous achievement. As I said a moment ago, we have...

Finance (No. 2) Bill (18 Apr 2017)

Jacob Rees-Mogg: I do not agree with that analysis. My analysis is that the austerity allowed for a looser monetary policy which had beneficial consequences, that between 2010 and 2012 it was essential to operate a very tight fiscal policy to permit exactly the type of monetary policy to which the hon. Gentleman has referred, and that it would not have been possible to maintain the confidence of the markets...

Finance (No. 2) Bill (18 Apr 2017)

Jacob Rees-Mogg: That is because Labour always inherits a wonderful financial situation from the Conservatives and we always inherit a mess from it.

Finance (No. 2) Bill (18 Apr 2017)

Jacob Rees-Mogg: The hon. Gentleman quotes the OBR, which was one of the few forecasters that was responsible enough a year ago not to make wild assumptions about what Brexit would mean. Most of the other forecasters thought they knew what would happen and got it comprehensively wrong. It shows prudence, caution and common sense not to try to forecast that which is essentially unknowable.

Finance (No. 2) Bill (18 Apr 2017)

Jacob Rees-Mogg: The point I was trying to make was that we have had incredibly wrong forecasts from all these illustrious bodies. The hon. Gentleman was only wrong on the OBR. I criticised lots and lots of bodies; the OBR was the one I singled out for not being so foolish as to make erroneous forecasts. The Treasury, the International Monetary Fund and the Bank of England all said that the day we left there...

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