Esther McVey MP: speeches

Speeches

• 7 Sept 2026 · Economic Growth · Hansard source

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  Does the Minister believe that putting up taxes is good or bad for economic growth?

• 1 Sept 2026 · Direction of Government · Hansard source

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  Could the Prime Minister explain what was so particularly deserving about the Avanti train drivers that they warranted such a pay increase, or was it done just to avoid the embarrassment of the Cabinet not being able to get back and forth to his “No. 10 of the North” vanity project? Or do we take it that this Prime Minister will cave in to every trade union demand that comes across his desk?

• 15 Jul 2026 · Peak Cluster Pipeline and Project · Hansard source

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  I thank my neighbour for asking that question. If he listens to the rest of the debate, he will see that this is not a private project; it has deep structural and financial ties to, and sign-off by, the Government. It is not, as he wrongly refers to it, a Shell or a BP. That is not true. That is the myth that we have to dispel today. So far, £28 million of funding for the project—nearly half of the money to date—has come from the National Wealth Fund, which is wholly owned by the Government. When announcing the project, the National Wealth Fund said on its own website that it “has an important role to play in helping to amplify government policy”, and on the gov.uk website, the Energy Secretary classed it as a “landmark investment”. The issues I am raising are not highly technical or obscure; they are straightforward, basic questions about safety, cost and the use of taxpayers’ money. The cost is billions of pounds, which rests on the shoulders of the taxpayer. The amount already spent is in the region of £60 million, and that was just to secure planning permission. The full construction costs are estimated at £5 billion, although the full cost is likely to exceed that. HyNet, a similar project, has cost £2.5 billion for just 31 km of new pipeline, in comparison with the 200 km planned for the Peak Cluster. As the Government have so far committed £28 million through the National Wealth Fund, will the Minister say what process was followed before the fund invested in the project? How was it approved, and what role did Ministers play in that? There are huge concerns about the cost-effectiveness of the technology, too. Last year, the Public Accounts Committee warned of a “high degree of uncertainty” over whether carbon capture projects would deliver value for money, so I can see why the Government are ducking away and not doing anything. The chief executive of Octopus Energy also questioned whether carbon capture represents a worthwhile use of taxpayers’ money. Surely, the Department responsible for energy infrastructure did a value-for-money assessment before committing public money to the project. If so, what is that assessment? Residents I have spoken to are rightly and understandably concerned about the health and safety hazards, too. What if a leak were to happen? What emergency procedures are in place? What assessments have been made of the risks to nearby communities and to the maritime environment? The project could cause untold damage to agricultural land, sites of scientific interest and some of our towns and villages. It is ironic that the Government consider this to be an environmental project when it could very well destroy—and is already destroying—the environment. This would be laughable if it were not so serious. Have I received any reassurances on those health and safety matters? No, I have not. Have the Government even taken this into account? They cannot wash their hands of this project. If something goes wrong, the public will want answers. Another claim by the Government, and by some of the people who might be getting tenders from them, paid for by the taxpayer, is that the project will support around 3,500 jobs. What will those jobs be? How many will be permanent rather than temporary construction roles? How many will go to local people, and how many will require specialist contractors to be brought in from overseas? Regarding the future of the project, how long is the infrastructure guaranteed for? I hear that the pipes are only guaranteed for 30 years. Can the Minister confirm or deny that? The north-west should not be a dumping ground for carbon dioxide from not only elsewhere in the country, but elsewhere in the world. Although the project says it will initially be used to store carbon dioxide captured from Derbyshire and Staffordshire, it has been reported that the infrastructure will be designed to allow it to import and transport carbon dioxide from other countries in future. Can the Minister confirm whether those reports are correct? What additional approval would the Government require to grant those permissions? All that the project will do is store up problems for future generations to tackle and pay for. The physicists and scientists who have contacted me mock the Government’s ignorance on this matter, saying that carbon dioxide is needed, and that if the Government really wanted to do something, they could just plant some trees. I am afraid that the Government have been suckered into a multibillion-pound waste of a project about which, as we know, they have no business acumen or know-how. Before the Minister rises and dismisses my questions, as he did last week on the Floor of the House, saying that the Government have nothing to do with this project, I remind him—I ask him to reflect on this point—that the Peak Cluster project has deep, direct, structural and financial links to the Government, with the final sign-off coming via a development consent order by the Energy Secretary. The Government are a stakeholder in Peak Cluster Ltd, the private company the Minister referred to. Local authorities cannot object to the project, as the Government have deemed it a nationally significant infrastructure project. The money invested in it comes from the National Wealth Fund, wholly owned by the Government. With that in mind, will the Government and the Minister kindly give some meaningful answers? If he cannot do so today and needs to go away to do some homework, I will happily accept a written response, but the Government cannot keep using obfuscation and excuses to try to hoodwink the public. The public demand answers today.

• 7 Jul 2026 · Future of British Horseracing · Hansard source

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  It is a real pleasure to serve under your chairmanship, Mrs Harris. It is a pleasure to see leading trainer Nicky Henderson here today. That should indicate how important this debate is to the racing industry. I congratulate my hon. and gallant Friend the Member for Spelthorne (Lincoln Jopp) on securing this debate. I should make clear at the outset that my husband is a board member of the Racecourse Association and chairman of the National Horseracing College. Previous speakers have set out the importance of the horseracing industry to the economy, tax receipts and jobs, not to mention its importance to local communities and to sporting excellence in the UK. This sport is genuinely world-leading, and we should all be immensely proud of it. I do not actually think the Government need persuading of the case; they already understand it. That can be seen from last year’s Budget, when the Chancellor exempted horseracing from her increases in gambling taxes, something that was welcomed by the horseracing industry following its “Axe the Racing Tax” campaign. I do not fear this Government deliberately seeking to destroy or undermine horseracing in the UK, but I very much fear them doing so inadvertently through ignorance. I am not asking them to do something to support horseracing. Instead, I am urging them not to do two things in particular that would decimate horseracing in the UK if they went ahead. My first request is that the Government direct the completely hopeless Gambling Commission to abandon any form of financial risk assessment or affordability checks in relation to the betting industry. The previous Government rightly said that any checks should be entirely frictionless, but the pilot that has been carried out has been a complete failure. Rather than flogging a dead horse, the Government and the Gambling Commission must abandon this policy. Despite the claim that financial checks are not being carried out—merely showing the incompetence of the Gambling Commission, which is made up of people who know nothing about gambling and do not even understand their own policies—those checks are already driving punters in their droves to the black market. Roughly 10% of gambling in the UK is now carried out on the black market, and that is growing rapidly, all due to the Government’s tax policies and the Gambling Commission’s regulatory policies, which mean that the regulated sector cannot compete with the black market. That is, of course, bad for player protection, and it is also devastating for the horseracing industry, which relies on the betting industry and punters for much of its income.

• 7 Jul 2026 · Future of British Horseracing · Hansard source

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  Better support is needed from everywhere—that is what I am talking about—but those are key issues that are undermining the industry. That is why I will press on with the key matters today that are threatening the racing industry. Will the Minister assure the House that those affordability checks will be abandoned, despite today’s senseless announcement by the Gambling Commission? My second request is that the Government ignore the siren voices of the Social Market Foundation and its recent policy suggestion to double the tax on category B gaming machines from 20% to 40%. The SMF tried to portray itself last year as a friend of horseracing, and unfortunately some in the industry, who should have known better, were taken in. That proposal proves beyond doubt that the SMF is not a friend but an enemy of the horseracing industry. Such a swingeing increase in the tax rate—which would also destroy casinos and bingo halls—would virtually collapse the remaining betting shops in the UK, whose numbers have already reduced rapidly in recent years. Regulus Partners has calculated that this policy would close 70% of the remaining betting shops, reducing their number from 5,500 to just 1,500. Each and every betting shop contributes a significant amount of money to horseracing through levy payments and, especially, media rights payments. Will the Minister set out how much money horseracing gets from betting shops and take this opportunity to rule out the Government carrying out the SMF policy proposal? Will she also explain how many betting shops she believes will close if the SMF tax proposal on machines is implemented? The simple fact is that, if the Minister will not stop the affordability checks and does not get a grip on the reins of the out-of-control Gambling Commission, and if the Government will not rule out vastly increasing the tax on category B machines, any promise today to support horseracing will be completely worthless, and will undermine the Chancellor’s policy in the last Budget. I await the Minister’s speech with great interest, as will the entire horseracing industry.