Speeches by Reeves.

“That is what we have said: we keep all taxes under review.”

“I think you have to look at these things in the round, because if you are a worker on a zero-hours contract and you do not know next week how many hours you are going to get, it is very difficult to be able to plan anything for the future, and it is very difficult to spend money because you have to build up precautiona…”

“Absolutely, and when we looked at capital gains tax, we looked at the rate that would maximise revenue. If you go beyond a certain rate on taxes, it has an impact on people’s marginal propensity to work. I do not think we are at those levels, but of course when we score any policies and look at the impact of any polici…”

“Apart from it gives people greater security. If you know that you will get sick pay from day one, that means you have a bit more confidence to spend the money—”

“If you look at the OBR forecast and the things the OBR have taken into account, they have taken into account, for example, our increase in capital spending. As I say, that will have a positive impact on the size of the economy. The OBR have also taken into account some of our planning reforms and are saying that they h…”

“It is already the case that most pensioners with any form of private income are taxed. We want, of course, to make that as simple as possible but, over the course of this Parliament—when we are in office—we will not be taxing people whose only income is from the new state pension.”

“It is absolutely part of the strategy. It is a partnership approach between Government and business. There are some things that business cannot do. Businesses do not fund the basic R&D. They do not fund the universities, the skills or the health service, which makes sure we have a healthy workforce.”

“I think you have to take into account the impact that it will have on employees as consumers. If you have got more money in your pocket, that is more money to spend on your local high street and in your local business. This argument played out when the last Labour Government introduced the national minimum wage in the …”

“I have provided the allocation of money—”

“I agree with Dame Siobhain, as ever.”

“We need to better understand the mix, but some of those will be people who came to this country from abroad and are now going back to that country. Dharmesh, did you want to add something?”

“There are more people in employment now than there were when Labour came into office. Partly, that reflects a reduction in the inactivity rate. I think there have only been three years in the last 50 years where the employment rate has been higher than it is today. It is, of course, welcome that people are putting them…”

“With respect, Mr Glen, we saw the number of people not in education, employment or training under the last Conservative Government increase by more than 100,000. That was not because of greater protections at work and increases in people’s wages; in fact, living standards went backwards in the last Parliament. I just d…”

“The MOD and the people who work in the MOD and in our armed forces do an absolutely amazing job and work hard every single day to keep our country safe. There have obviously been problems with big contracts, overruns, cost overruns and time delays, but every country in the world is updating how they spend money on defe…”

“Where there are genuine gaps in the workforce, the immigration system and the rules are exactly there to make sure that we plug them. But we have too many young people, particularly, who are not working at the moment, and we need to do more to make sure that they have the skills to match the job opportunities that exis…”

“Just in general, I do not want the Treasury to be a Department that second-guesses other Departments. It relates to the earlier question about SEND. The Treasury is there not to mark the homework of Government Departments, but to work with them to properly understand the assessments. I do not want a Home Office impact …”

“We are always looking at the impacts of policies. For example, when we made our changes to the non-dom policy, the OBR assumed that 25% of non-doms would move, but that it would result in something like £9 billion of tax revenue because people who remained in this country would now be paying the same tax as people who …”

“A lot of that is also with regard to the treatment of non-dom taxation. There was a worry that people would find loopholes to avoid the changes in the non-dom tax regime, but trusts have been incorporated into that—that is one example.”

“One of the reforms that we have already made is to reintroduce the maintenance grants for students coming from low-income families, which we know can be a deterrent to young people going to university. We are also uprating maintenance loans, which had previously been, I think, frozen. So we are making reforms to the sy…”

“Britain has already attracted many global tech companies to this country, and we are also growing our existing businesses. One of the points of the pensions reform, for example, is to enable innovative businesses that are starting in this country to scale in this country. Changes to the listings rules and the tax incen…”