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Finance Bill
I would like to
pay tribute in this week’s column to my colleague the late Gwyneth
Dunwoody MP whose death this week has saddened the many who knew
and respected her.
I first met
Gwyneth when, as newly elected candidate to fight the Stoke on
Trent North seat, I was invited to address a trade union
engineering meeting at the Crewe workshops. Many of the people who
worked there lived in this constituency. Sharing a platform with
the formidable Gwyneth was a stark introduction to her deep
understanding of the transport agenda, her skills as a politician
and her care and commitment to the Labour principles that guided
the whole of her life.
Gwyneth never
minced her words, always spoke her mind, carried over her family's
commitment to the Labour government and was a tireless campaigner
in parliament, in her constituency and in her chairmanship of the
Transport Select Committee. She knew her brief backwards and was
able, in the shortest of interventions to ministers at the
despatch box of the House of Commons, to put the problem that
needed addressing succinctly and in such a way that government
ministers understood had to be given a proper answer.
Gwyneth's life
was politics. She was committed to standing again and she will be
sorely missed. Parliament needs more people like Gwyneth who will
question and scrutinise Government and stand up for what they
believe in.
This week's
debate on the
Finance Bill will be a litmus test of the influence MPs have.
Three things are of particular interest to me.
Firstly, the
removal of the 10% tax rate. Yes the government has done a great
deal to improve the incomes of the lowest paid through the tax
credit system but the removal of the 10p tax rate will adversely
effect some of the most vulnerable members of our society. In the
coming months I want to see the government work with MPs to
compensate those most affected by this.
Secondly
Industrial Buildings Allowances. A number of businesses in our
constituency have been affected by the phased withdrawal of
industrial buildings allowances and I am keen to see the
Government continue to support investment in our manufacturing
industries.
Finally,
using Enhanced Capital Allowances
to encourage greater energy efficiency in industrial buildings. I
am looking for legislation to enable Enhanced Capital Allowances
to apply to commercial buildings to encourage construction
companies to source the most energy efficient, as opposed to the
cheapest, building materials. Such incentives have the potential
to significantly reduce carbon emissions whilst also reducing
heating, lighting and air-conditioning costs for the building
occupier.
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