Speeches by Baldwin.

“Okay. That is a good place to stop then.”

“So the landfill tax threat would be the one you would change if you had to choose one.”

“Thank you very much; we would love a copy of that.”

“In a panic about it?”

“Is speculation around stamp duty at the moment having a pronounced impact on behaviour?”

“Ms Allsopp, in the real world of people making decisions about downsizing and first homes, are you seeing speculation about changes to stamp duty affecting real-world behaviour?”

“Ms Willis, is there anything particularly problematic in the way the tax is designed?”

“Professor Leunig, you are notably nodding to all those points. With rents in London being so expensive, do you think they are higher because of stamp duty land tax?”

“Do you think that it has an effect on rental markets?”

“There will be.”

“Turning to Zoopla’s evidence, do you have evidence of the impact that stamp duty has on construction and other aspects of the wider economy—the market for furniture and that kind of thing? Do you have any data on that?”

“So labour market mobility, social mobility, but you cannot point to any specific—”

“Professor Leunig, you mentioned something about mobility. I wondered what evidence is out there about the impact that stamp duty is having on mobility, social mobility, household formation or anything else along those lines.”

“Presumably that is a closed system.”

“Mr Fairburn, did you want to add anything to that?”

“Is that the main way that your officials are using artificial intelligence in the work of the Treasury?”

“Okay. In your work as Economic Secretary, are you using artificial intelligence at the moment?”

“Given how fast artificial intelligence is changing and allowing opportunities for bad actors, including hackers and those who wish to bring down our financial system, are you confident that the Treasury, the Bank and the FCA combined have sufficient skills to make those kinds of assessments? Who would like to answer th…”

“My question was slightly different: do you expect there to be any organisations designated by this time next year?”

“So you expect there to be someone designated within six months?”