UK Internal Market: White Paper

Debate between Lord Sharma and Sara Britcliffe

Thursday 16th July 2020 Commons Chamber

[Alok Sharma]

The UK internal market is about preserving jobs across the United Kingdom. It is about making sure that investment can come in, confident in the knowledge that we have a level playing field—an internal market in which businesses can sell services and products across the United Kingdom.

The right hon. Gentleman talks about the powers that will be coming back at the end of this year—at the end of the transition period. It will be the biggest transfer of powers in the history of devolution. I do, though, agree with him that it is not going to be 70 powers coming back to Scotland; I think it is closer to 111. His colleagues in the Scottish Parliament will have an opportunity to set rules and regulations. The problem, of course, is that SNP Members are not interested in that—they are not interested in taking control; they are interested in being ruled by the European Union. The right hon. Gentleman should spend more time talking to businesses and to people whose jobs would be at risk if we did not have this seamless internal market in the United Kingdom.

Finally, the right hon. Gentleman talks about standards. I have already explained to the right hon. Member for Doncaster North (Edward Miliband) that we have some of the highest standards in the world, and we are not going to compromise on that. The right hon. Member for Ross, Skye and Lochaber (Ian Blackford) talks about wanting to have a dialogue. I respectfully remind him that it was the Scottish Government who walked away from the discussion that we were having on the UK internal market last year, so, in the spirit of co-operation, I hold out my hand to him and say, “Let us talk. Let us continue the discussion. Come back to us on the consultation and continue to work with us on the common frameworks programme.”

[Sara Britcliffe (Hyndburn) (Con)]

Will my right hon. Friend assure me that Scotland, England, Wales and Northern Ireland will also see more powers coming back to them as a result of these proposals when the transition period ends?

[Alok Sharma]

Yes, indeed. My hon. Friend is absolutely right: powers will flow back to all the devolved Administrations—around 70 to Wales and around 150 to Northern Ireland.

Corporate Insolvency and Governance Bill

Debate between Lord Sharma and Sara Britcliffe

2nd reading & 2nd reading: House of Commons
Wednesday 3rd June 2020 Commons Chamber

[Alok Sharma]

There are, of course, other methods for shareholders to question directors of a company. There will be shareholders’ days, for example. The reality is that businesses will be reacting and doing their best to try to get information to their shareholders. I am sure that the hon. Lady’s point will be noted, but the intention of this Bill—and, I think, of the business community—is not in any way to use these measures to restrict shareholders’ access to information. This is actually about making sure that we can get past the pandemic and be in a position to bounce back.

The flexibility in terms of these meetings and filings will apply from 26 March—retrospectively, obviously—until 30 September. The measures also enable AGMs to be postponed until 30 September this year, where necessary.

[Sara Britcliffe (Hyndburn) (Con)]

I am encouraged that the measures for AGMs and other meetings are temporary. Does my right hon. Friend share my belief that in-person AGMs provide the best opportunities for shareholders to hold their directors to account?

[Alok Sharma]

My hon. Friend makes an important point. We would all like to get back to those face-to-face discussions, just as we are doing in the House today. These are temporary measures, and I hope that when we get through to the other side there will again be that opportunity for shareholders to meet and ask questions face to face, because that is right and appropriate.

Covid-19: Business

Debate between Lord Sharma and Sara Britcliffe

Tuesday 12th May 2020 Commons Chamber

[Alok Sharma]

We have put in place the sort of measures that we have precisely because we want to support as many businesses as possible. We want people to be ready, and to be retained in the workplace so that when we get past this pandemic we can bounce back. In an earlier answer, I talked about a discretionary fund to support businesses that local authorities will administer. If the hon. Gentleman writes to me, I will be happy to provide further details.

[Sara Britcliffe (Hyndburn) (Con) [V]]

I know that my right hon. Friend will join me in thanking all businesses in Hyndburn and Haslingden for their work in responding swiftly and efficiently to the lockdown. Many of them have adapted their services to support those who need it. Can he assure me that the businesses and workers in Hyndburn and Haslingden will be both supported and utilised in the recovery process and that their safety will be paramount in the decisions made?

[Alok Sharma]

I thank my hon. Friend for everything she is doing to support businesses in her own constituency of Hyndburn and Haslingden. I have already set out a whole range of measures of support that the Government are providing, and I know that she will welcome what the Chancellor said at the Dispatch Box earlier about further support for the furlough scheme.