Dan Tomlinson MP

Member of Parliament for Chipping Barnet. Exchequer Secretary & Growth Minister in @hmtreasury @cabinetofficeuk.

[Dan Tomlinson MP @dantomlinsonmp]

Excited to say that it will happen.

I've been working on how to make fiscal devolution happen inside the Treasury for months after a landmark speech by Rachel Reeves.

And the direction of travel set out earlier this year is being turbocharged by Number 10 North and the PM, who is very clear about what he wants to see happen so that local leaders can have more power and incentives to back growth in their parts of the country.

Watch this space!

[Patrick Dunleavy @PJDunleavy]

If this ever happens it would be revolutionary. Sadly, I expect that it won’t .

[Richard Parker @RichParkerLab]

My thoughts on the new No10 North.

https://t.co/jtg0gCB8zY

[Dan Tomlinson MP @dantomlinsonmp]

The £110bn we spend on debt interest every year is very much on my mind. The legacy of Conservative governments increasing debt in normal economic times is one that lives on. We've increased taxes in recent budgets to help cover the costs & fund public services, but we have to bring debt interest costs down and the long-term sustainable way to do so will be to increase UK productivity. Worth noting that the UK deficit has fallen by c. 1% of GDP over the last year, it is on course for the fastest reduction in any G7 economy, and is lower than the G7 average now - something never achieved under the Tories.

[Dan Tomlinson MP @dantomlinsonmp]

@nigelmp I think the photos might have told you that, and that the table was pretty full of more senior politicians than I, in any case...

[Dan Tomlinson MP @dantomlinsonmp]

It was great to be at today's meeting with regional Mayors at Number 10 North. I attended online, as the Minister in the Cabinet Office whose focus is devolution and local growth.

I will be at N10N soon, meeting the team and working on getting power and growth spread across the country.

Today's meeting was full of practical ideas from Mayors from all parties about what we can do when working as one team. I now have a Mayoral-inspired to-do list as long as my arm, and will start work on it this weekend.

[Dan Tomlinson MP @dantomlinsonmp]

And just on departments having footprints outside of Whitehall. It's a good thing. I've found it has worked well in HMT over the last year. I think as many as a fifth of HMT civil servants are based in our Darlington Economic Campus, and this means hundreds of officials who have economic and policy experience but have connections and roots in the north of England can work for the Treasury and contribute to the work of the organisation without having to up sticks to London. It means HMT has a wider pool of talent to recruit from and, replicated across govt departments w non-London footprints, it lessens pressures on housing and transport in London.

[Dan Tomlinson MP @dantomlinsonmp]

As the PM says here: Number 10 North is about nothing less than the remaking of the British state.

Which is why it is good for the whole country. If we can make sure the state does a better job of enabling & backing higher prosperity in more places then everyone, including the people living in my fantastic home city of London, will benefit.

https://t.co/jcIXwcylzU

[Dan Tomlinson MP @dantomlinsonmp]

@robcorb @afneil Interested to see evidence on the elasticity of household demand to price, I agree it will be inelastic but not 0. And you don't need to tell me that governments have failed to build nuclear for decades, and we need to change that as fast as we can - couldn't agree more!

[Dan Tomlinson MP @dantomlinsonmp]

@JamesEsses Lighten up James! It is possible for people to work very hard and spend 1 minute of their day making a light-hearted video. Next time a Tory MP does a video that is a laugh I look forward to you piling in on them.

[Dan Tomlinson MP @dantomlinsonmp]

Barnet Conservatives everyone.

I disagreed in policy terms quite a bit with my predecessor in Barnet, but she would have never launched a strange attack like this on someone who has been through so much and since shown strength and character in her decisions.

I preferred the Tory party before Kemi started rewiring it for a political culture that can't compute a light-hearted video.

More generally, I think the fun police might be coming back with Kemi's Tories. We'll take a third of pub business rates over two years, while Tories keep busy getting mardy about social media videos.

[James Esses @JamesEsses]

I’m sorry @NatalieFleetMP but, speaking as a psychotherapist, you can’t have it both ways.

If you felt unable to do your job because you were “overwhelmed”, you should not feel able to make cringey TikTok videos to lyrics about “big booties…bouncing”.

[Dan Tomlinson MP @dantomlinsonmp]

Agreed.

And, more broadly, working with Mayors to make sure we get funding & powers in the right hands to improve transport in cities is one of the most important things we can do to grow our economy.

This top paper from @edballs, @annastansbury and @DanTurnerTweets is convincing on this and provides a good summary of the other binding constraints on regionally balanced UK growth.

I will be printing the paper out and pointing to its various charts in many meetings in the coming months.

https://t.co/sr8NtY718y

[Tracy Brabin WY 🌹 @TracyBrabin]

Tram 🚊

[Alex Wickham @alexwickham]

NEW from @Joe_Mayes

Chancellor John Healey speaking at Bloomberg vows to “lift pessimism” about the British economy, help business and the City, and “meet our fiscal rules with a buffer against uncertainty”

“I'm just as concerned about the cost of business as I am about the cost of living”

“Tax, energy, supply chain costs, labour. I know businesses large and small have felt really squeezed”

“I will back you as your chancellor, I will back you in financial services, in technology, in retail, in all parts of the economy”

“We cannot do that without you, the wealth creators, the job creators”

[Dan Tomlinson MP @dantomlinsonmp]

@EngineerLondon Thanks James! It is a strong candidate for my favourite visit.

[Dan Tomlinson MP @dantomlinsonmp]

I said it was a move in the right direction, not a silver bullet as you decided to imply in order to get clicks. You'd criticise governments for increasing taxes on electricity, and here you are criticising a sensible policy shift to lower electricity costs too.

[Andrew Neil @afneil]

Delusional. It’s a £45 cut in the average annual household fuel bill. Offset by a £50 increase when the price cap is raised Oct 1st. So a net negative of £5. Nobody is going to move to EVs or heat pumps on that basis.

[Dan Tomlinson MP @dantomlinsonmp]

I've had a fantastic year working as Minister with responsibility for @HMRCgovuk, which is a department that is serious about modernising and changing for the better the service it offers to taxpayers, as well as it's ability to go after those who bend and break the rules. Really proud of what we achieved, and hope that the big new focus on going after dodgy High Street businesses will go from strength to strength!

It's great for the department that @jamesmurray_ldn is returning to the brief. He is an outstanding Minister, worked in opposition and in our first year in government on tax policy and administration, and set out a strong plan for the department which I was able to build on.

Thanks to all the officials in HMRC and on the tax side of HMT who I worked with over the last year, your advice and support has been superb.

[Dan Tomlinson MP @dantomlinsonmp]

Delighted to remain as Exchequer Secretary to the Treasury and to be appointed as the Growth Minister - working across @hmtreasury and @cabinetofficeuk.

Higher economic growth, spread more evenly across the country, is the route to higher prosperity for everyone.

Building on the progress that has been made over the last two years, I'll be working at the centre of government helping to bring about the economic change that the PM and Chancellor know this country needs.

Growth is about people's lives, it's about the places we love, it supports the public finances and it secures our place in the world. It's the foundation of everything else we want to do as a Labour party in government and we need more of it everywhere.

As the PM said on Monday - taking power out of Westminster, stronger control over the essentials, and undoing the wrong turns made in decades past are all essential for building a new economy.

Let's do it!

[Dan Tomlinson MP @dantomlinsonmp]

Slashing VAT on electricity bills is not only a further step in the right direction for households, coming on top of the £150 removed from bills at the last Budget.

But it's also a move in the right direction to support decarbonisation. Lower electricity bills will support a shift to EVs and heat pumps, both massive components of the net zero transition.

[Rachel Reeves @RachelReevesMP]

It has been the privilege of my life to serve as the Chancellor of the Exchequer.

The economy today is stronger, fairer and more resilient because of the choices we have taken as a Labour Government over the past two years.

Stability restored, investment delivered and reform to our economy under way. I said when I was appointed Chancellor that I would judge my time in office if the lives ordinary working class people have been improved. I’m proud to say that they have.

And to every young woman and girl let my time in office show there should be no ceilings on your ambitions, your hopes or your dreams.

I wish the very best of luck to my successor, Andy and his cabinet. You have my full support, and I will continue to play my part in helping this Labour government deliver the change the country needs.

[Ben Nunn @BenNunnUK]

The number one rule of a political adviser is keep quiet in public. To keep off social media and to be the voice behind the scenes. But just for today I’m breaking that rule.

I first met Keir Starmer more than twelve years ago when he was standing to be the Labour Party candidate in Holborn and St Pancras.

Since then I have had the privilege of being by his side. From Brexit to the pandemic, leadership campaign to election, opposition to government. Changing Labour from a party of protest to a party of change. Having the chance to do what politics is really about: improving people’s lives.

Keir is a man of extraordinary strength, determination and decency. I’m so proud of what we have achieved together. Others will judge his time in politics as they see fit. But for me I see a Britain today that is a better country because of his leadership.

Right, back to staying quiet.