Speeches by Malthouse.

“I get the example that the Minister talks about, but I think he misunderstands or perhaps misappreciates how the retail investor thinks. They do not necessarily think, “If I put £1,000 in now, in 20 years’ time it will be worth this.” They think, “If I put £1,000 in now, what is my return going to be next year? What is…”

“I agree with the hon. Gentleman’s views about mandation, as the Minister knows, but would he care to comment on its impact on the appetite for risk? We have learned from my right hon. Friend the Member for Salisbury (John Glen) that since the change in taxation, the general trend in pension funds has been for managers …”

“My right hon. Friend makes an interesting point about the change from defined benefit to defined contribution and the impact of the taxation changes that brought that about. Would he care to comment on whether he sees that as part of an unwitting repricing of the return on risk, which has impacted not only on pension f…”

“I am grateful to learn from the hon. Member for Walthamstow (Ms Creasy) that I am not the only person who was not invited to COP30. But I followed it closely and was very pleased to see the emergence of the Belém 4X agreement, which committed its signatories to quadrupling the production and deployment of sustainable f…”

“Q1. If he will list his official engagements for Wednesday 19 November.”

“Many of us are becoming concerned that technical or procedural manoeuvres outside this House may be used to prevent Parliament from reaching a decision on the Terminally Ill Adults (End of Life) Bill. The Government are neutral on the Bill itself, but I presume they are not neutral on the issue of democracy or the prim…”

“I am afraid that the Foreign Secretary has neatly illustrated the problem with the British Government’s position in the conflict between Israel and Palestine. She mentioned the welcome return of Israeli hostages, but made no mention of the Palestinian detainees who have been returned to their families. She mentioned th…”

“I sort of agree. We should be pushing developers towards brownfield—that is absolutely right. Brownfield first was the policy of the previous Government, and it makes lots of sense. The key thing, which I am sure the Minister accepts, is that if we are to overcome this problem with the generational contract—that we who…”

“I completely agree with the right hon. Gentleman. Interestingly, he may or may not recall that when I was a Westminster councillor, we had a project in Westminster called “Hidden Rivers”, which signposted where those rivers were. If any Members find themselves on the platform at Sloane Square station, for example—just …”

“I understand the undertaking the Minister is giving, but he will recognise that all of this is guidance; it does not preclude planning decisions that will impact on chalk streams. Given that he is set on his course, which we understand, and his appreciation of the fact that the amendment was proposed in the spirit of a…”

“I completely agree with the hon. Lady. In my constituency, I have groups of volunteers who work very hard, including on the Anton river in Andover, and do a fantastic job. In fact, that river flows through part of the town centre, but gets lost, and it is about to be opened up with a new riverside park running down Wes…”

“I do not wish to detain the House terribly long; I just want to cover three matters, if I may. The first is Lords amendment 38, which deals with chalk streams. As the Minister knows, because I have told him before, my constituency is chalk stream central—as is yours, Madam Deputy Speaker, as my constituency neighbour. …”

“On a point of order, Madam Deputy Speaker. I seek your guidance. The Minister has said that he is unwilling to discuss what might be in the Budget with the House. He did not, however, deny that he may have done so with journalists, or that he may have authorised others to brief to the media what may or may not be in th…”

“I hear what the Minister is saying about us waiting for the Budget. Could he reassure the House that he has not discussed anything that might be in the Budget with any journalist, and certainly that he has not authorised any members of his office or anybody within the Treasury press team to brief out some of the kites …”

“The shadow Chancellor is laying out compellingly the calamitous choices that were made at the last Budget. Does he agree that fundamentally underlying them is the most calamitous choice of all, which was the strategic decision that the public sector would be expanded and the private sector contracted? The crowding out …”

“I am chair of the all-party parliamentary group on life sciences, so I know only too well that the industry, which has hitherto been a jewel in our crown, has been struggling to justify further such investment in our economy. Could I press the Secretary of State further on her answer to my hon. Friend the Member for Ha…”

“Once again, it is the children of Gaza who seem to bear the brunt of the violence, with reports that 35 of them were liquidated overnight in the casual dropping of bombs in retaliation. Equally as shocking is the realisation that there will be absolutely no accountability whatsoever for those deaths, likely no investig…”

“I am perplexed by the argument the Liberal Democrats have advanced that abolishing stamp duty will raise prices. Presumably the quid pro quo is that raising it would lower prices, so why are they not proposing that policy?”

“The hon. Lady should not assume from the outward utterances that there was not an internal conversation going on within the party about our tax strategy. Those in the Chamber who shared the Cabinet table with me will know that that was often a vigorous conversation. I will leave it at that.”

“I will in a minute. The third point I want to make, which I guess is the one that might appeal most to Government Members, is that this tax is generationally unfair. Younger people move house more often, so they are more exposed to this tax. The younger someone is, the more likely they are to be building a family, to r…”