Charlie Maynard

Backing Business to Create Economic Growth

We all agree that we urgently need to get the economy growing again. However, the Bills in the King’s Speech do not represent the big, bold economic change that the country needs. I will talk today about just two things that would create economic growth: trade, and balancing tax and spending through our fiscal framework. On trade, our country prospers when fair markets for goods, services, capital and labour operate effectively. Trade makes this country great. Raising barriers to trade makes it

Backing Business to Create Economic Growth

Flashing back to the 1980s, would the right hon. Member like to remind us when the Conservatives last balanced a budget?

Pension Schemes

I thank the Minister for his statement. We have learned today that this contract was awarded two and a half years ago. Capita had two and a half years to prepare for taking on the administration of the civil service scheme. As has been mentioned, the Public Accounts Committee warned in October that Capita was not ready, yet it took on the contract regardless on 1 December. Today we learned also that the Government have terminated another Capita contract, for the Royal Mail pension scheme. My con

Cost of Heating Oil

It is a pleasure to serve under your chairship, Dr Allin-Khan. I thank my hon. Friend the Member for North Norfolk (Steff Aquarone) for securing this important debate. We have all received casework on this issue from so many residents who are so worried and have been impacted by what has happened as a result of Trump’s war in Iran. The cost of heating oil doubled in just one week at the beginning of March, and that has had a huge impact on so many people. A constituent in her 70s wrote to me who

National Insurance Contributions (Employer Pensions Contributions) Bill

I completely agree. It sends the wrong message and puts in place the wrong incentives, and that is a real problem. Ministers will have seen the analysis produced by the Office for Budget Responsibility in response to the former Lib Dem Pensions Minister, Steve Webb, highlighting the flaws in the Government’s claim that these changes will not impact most lower and middle earners—that is, those not saving more than the £2,000 threshold in any case. The OBR’s new analysis highlights three main ways

National Insurance Contributions (Employer Pensions Contributions) Bill

The Liberal Democrats have been clear throughout the Bill’s stages that we think the Government would be misguided to make this change. While it may raise some tax revenue in the medium term, in the longer term it discourages pension saving. It also puts an extra cost and admin burden on small businesses at the worst possible time. For that reason, we support Lords amendments 6 and 12, which would exempt small and medium-sized businesses and charities. I would like to note again, as I did on Sec

Royal Mail: Performance

I have been here for 17 months. We could rehash things from 14 or 17 years ago. I believe that in 2009 the Labour Government sought to take a 30% stake out of the Royal Mail, but I am not interested in going back through that because we are where we are. Let me try to finish my speech, and I will talk about where I think we should be heading now. The Government and Ofcom need to urgently make it clear to Royal Mail executives that they must get a grip on the situation. Although letter numbers ha

Royal Mail: Performance

It is a pleasure to serve under your chairship, Mr Twigg, and I thank the hon. Member for Exmouth and Exeter East (David Reed) for securing this important debate. I also thank my hon. Friends the Members for Sutton and Cheam (Luke Taylor), for Eastbourne (Josh Babarinde) and for Yeovil (Adam Dance) for highlighting all the impacts on their constituents, in the form of missed medical appointments, financial appointments or legal appointments. Exactly the same is true in my Witney constituency. Ob