(3 years, 9 months ago)
Lords ChamberI call the noble Baroness, Lady Bennett of Manor Castle.
Apologies, my Lords—I will try again. In recent general elections, the wealthiest and largest political parties have used their very generous national party spending limits—in 2019, it was close to £19 million—to cover a variety of non-national costs, including targeting a lot of individual constituencies with generic leaflets, billboards, et cetera. Independent candidates and smaller rising parties do not have this additional spending option. Will the Government be open to consider rebalancing the two types of spending limit in the interests of fairness as well as to prevent swing seats being barraged with messaging? Will they put far tighter limits on individual contributions to political fundraising, so that we do not all get the politics a few people pay for directed towards a small percentage of the population?
My Lords, I have not noticed the Green Party fail to target its efforts on specific constituencies, but the noble Baroness may be able to advise me otherwise. I do not think it would be sensible practice to seek to reduce donations to levels that might be achieved by the least popular parties in the country. The truth is that many individuals—whether trade unionists or others—contribute a great deal of money to the larger parties, and I think their contributions should be welcomed and esteemed.
(3 years, 10 months ago)
Lords ChamberMy Lords, I join the House in universally welcoming our two outstanding maiden speakers. Given that the noble Lord, Lord Hammond of Runnymede, discovered a long-hidden rebellious streak in the other place, and that his title has links to the Magna Carta, I hope that we will be seeing even more rebellion on the Benches opposite with his arrival. I also welcome the noble Baroness, Lady Shafik, who is clearly a powerful new voice on our Cross Benches. I was very glad to hear her mention green finance. I hope we will be hearing a lot more from her on that, as we just powerfully heard about those issues from the noble Baroness, Lady Sheehan. I will, as you might expect, be backing many of the amendments to which the noble Baroness, Lady Sheehan, referred.
However, on the Bill, I must begin by thanking Macmillan Cancer Support for its extremely useful briefing. I shall take its conclusions and extend them far more broadly than it ventured to do. Macmillan calls for an amendment to the Bill requiring organisations to have a statutory duty of care for customers. The charity suggests that that is the best way to ensure that financial service providers take a pre-emptive approach to ensure that they act in the best interests of their customers.
As you might expect, Macmillan focuses on the financial difficulties of people with cancer but also notes that the Financial Conduct Authority concludes that one in two people will become financially vulnerable at some point in their lives. I suggest that, in a complex and fast-changing world, overloaded with pressures on time and attention, with so many people stressed by the struggle for mere survival and the fear of rampant insecurity, the sensible approach would be for everyone to be treated as vulnerable and to acknowledge that our whole society is acutely vulnerable. If we created a system that works for the most vulnerable, it would be one that will work securely, resiliently and safely for everyone.
We know that our current system is not working for many at an individual level. Just look at the practical and topical example of the disastrous performance of the insurance sector when it came to business interruption insurance for small businesses in relation to Covid-19. The financial sector is utterly failing at a structural level to meet the collective needs of our whole society, acutely vulnerable as the Covid-19 pandemic has shown us to be. A system that works best for everyone would involve a financial sector that it a utility: a provision of essential services for the real economy—the economy that feeds us, builds our shelter, clothes us and provides the other essentials of life.
Instead, following decades of financialisation of everything from the care sector to the so-called water industry, we have a financial sector as parasite, sucking funds out of the real economy—all too often to tax havens—and loading essential provisions and services with unsustainable debt. If noble Lords think that I am being radical here, I invite them to read the extensive coverage in the Financial Times of the impact of financial engineering on the water companies.
We are more than a dozen years on from the 2008 financial crash, when the cash machines nearly stopped working. In the age of Covid-19, we are surely more aware now of the need for resilience and stability in this age of shocks. Yet I note that an Oxford University Faculty of Law conference held in 2018 on financial regulation concluded:
“We are safer, but not as safe as we should and could be.”
And that was just the thinking in the financial sector’s own terms.
I listened carefully to the Minister’s typically detailed and careful introduction and heard quite a bit about limiting risk. However, I did not hear the words “climate” or “nature” once. But we know that we need a financial sector that does not continue to fund the trashing of the planet and societies, supply funds to fossil fuel operations that are destroying the planet, pour money into the destruction of the rainforest, stuff the oceans with plastic or spread poverty and inequality through funding sweatshops and outright slave labour.
On 25 January, the US Federal Reserve and the European Central Bank simultaneously said that they would make climate considerations a central part of finance, the importance of which the noble Baroness, Lady Hayman, highlighted. It appears that we are not world-leading but world-trailing, yet again.
We are, of course, world-leading in dirty money, as explained earlier in considerable forensic detail by the noble Lord, Sikka. The issue was also mentioned by a number of Members of the House in an earlier question session on our relationship with Russia. We are a major global centre of corruption. The City is an Augean stables and the Bill is clearly sparing in its distribution of shovels. I give the House notice that I intend to support a proposed amendment to create a new corporate criminal offence for companies or bodies regulated by the FCA of failing to prevent economic crime. I also look forward to working with the noble Lord, Lord Hendy, on the issues of liability that he raised.
In summary, we obviously need a Financial Services Act, but the Bill is nothing like what we need. We are seeing increasing numbers of communities around the world understand that the model of economy, society and finance needed is one that allows us to live within the doughnut, as the saying goes—in the essential space that respects planetary limits while meeting human needs, thereby ensuring that everyone is treated with respect and given dignity, as defined by the economist Kate Raworth in her book Doughnut Economics. We need a Financial Services Act that sets out how our financial sector can meet the need to do that—a very differently structured sector that takes care of all our needs, instead of risking our security and future. We are in an emergency state in 2021. Your Lordships’ House has a responsibility to act to transform our planet-trashing, poverty-creating financial sector, as the other place has very clearly failed to do.
(3 years, 10 months ago)
Lords ChamberMy noble friend makes some important points. Obviously recognising the increasing importance of this area, the government security group is leading the development of a government cybersecurity strategy—which will sit underneath the national strategy —to deal with some of the issues my noble friend refers to. We also have a wide range of advice and support to help private sector organisations protect themselves.
My Lords, my question follows on from that of the noble Lord, Lord Harris of Haringey, and concerns resilience and the impact on operational technology, rather than simply IT, where experts say it may take months for difficulties to appear. Credible analyses suggest that the simple network management protocol—SNMP—fails to meet the tests of confidentiality, integrity and availability. It is not going to be replaced quickly, but are the Government at least looking at ways in which it can be reinforced across their own systems, while ensuring that that happens right across vital private systems in our country?
My Lords, I apologise; I found it quite hard to catch every part of the noble Baroness’s question. I hope this is not an inadequate answer, but I am unable to comment on operational detail at this stage. However, as I have assured the House, the NCSC is working to mitigate all potential risks, and this work is ongoing.
(3 years, 10 months ago)
Lords ChamberMy Lords, certainly, one of the key declared aims of the G7 presidency is tackling climate change and preserving the planet’s biodiversity, as I stated. I can certainly tell the noble Lord that we very much welcome the prospect of bringing the COP 26 UN climate conference to Glasgow, to Scotland, in November and will be working on the important agenda that the noble Lord outlines.
Following the question of the noble Lord, Lord McConnell, I was going to ask about the climate emergency. However, following the Minister’s answer, it is also important to ask: will the Government also focus on the social elements of our sustainable development goals, such as ending poverty and hunger, and dealing with inequality?
My Lords, obviously those objectives are encompassed in the agenda set out by the Prime Minister. Promoting future prosperity for all is vital. Incidentally, I am certain that the noble Baroness will welcome the invitation to the Government of Australia to participate.
(3 years, 11 months ago)
Lords ChamberMy Lords, I can only agree with my noble friend Lady Jones of Moulsecoomb, the noble Lord, Lord Hendy, and many others that a stream of two-minute speeches in no way comprises scrutiny of the trade and co-operation agreement. This can be described only as a democratic travesty. It must also be noted that this is not Brexit done. So much remains to be settled that this is Brexit barely started, something I fear the public will find immensely frustrating in the weeks, months and years ahead.
However, to be concrete, and to attempt to be positive, one of the great tragedies of the TCA is the loss of the Erasmus programme, and there are concerns that much remains to be settled about the Horizon programme, but, rather than look back on what we have lost, I will look forward to what happens now, particularly with the Turing programme, which at the moment is little more than a label, even though it is supposed to start in September. As valuable as the outward part of Erasmus was, setting up so many students, particularly those from disadvantaged backgrounds, for their professional and personal lives, I will focus on the exchanges of academic staff and students: the partnerships that were so much part of Erasmus+, as well as the partnerships of businesses, apprentices and communities. I hope the Minister’s response—or the Government in future action, given today’s ludicrous time constraints—might show an understanding that this is what is needed in the Turing scheme.
More than that, given that the brilliant, international Oxford Real Farming Conference is going on right now—I was at a session today about sharing best practice among practitioner experts—I hope the Government will use the Turing scheme to include muddy boots on the ground knowledge to inform the implementation of our new food strategies and environmental land management schemes to bring to the UK, and to arrange visits from the UK to, small farmers and agroecological practitioners and to draw on traditional knowledge from the academics who help record it around the globe so that we can learn from it on these disastrously unhealthily fed, nature-depleted, ecologically sick islands.
(3 years, 11 months ago)
Lords ChamberI have three minutes to describe a great national disaster—a tragedy—and to issue a plea to noble Lords to do what they can to mitigate the impacts. The appropriate approach for today is not a comparison of the thin deal on which we vote—a kit sailboat of matchsticks, put together by a careless child—against the storm of crashing out; rather, we need to compare this Bill to what we had before Brexit.
First, on freedom of movement, Britons historically had, and were able to force on the rest of the world, freedom of movement across the Empire, and for decades we have enjoyed consensual, two-way movement across our continent. However, from 1 January, the majority of Britons, who do not have the cash or social capital to grease their way, will have less freedom of movement than their ancestors enjoyed for centuries. The nation has been put into permanent global lockdown.
Secondly, I cite our services sector, that hugely dominant part of our economy, which the noble Baroness, Lady Bull, was just talking about. As the noble Lord, Lord Kerr of Kinlochard, said, EU states will be calling the shots about what architects, lawyers, musicians and copywriters can and cannot do. For trade in goods, this is not frictionless trade, but the addition of voluminous tangles of red tape. This is “a wonderful thing”, says the Prime Minister, striding firmly into Orwell’s Ministry of Truth.
Individuals and businesses have lost the rights they can assert and enforce for themselves with EU membership. Instead, there are meagre rules and obligations that exist only between the UK and the EU. If you, as an individual, lose out, you will rely on the Government to act for you. Good luck.
Our already depleted and degraded environment has lost crucial EU protections—just ask Greener UK. The non-regression provisions involve a test that is “notoriously difficult to prove” and has been ineffective in previous trade agreements. Rebalancing mechanisms are restricted. The full horizontal dispute settlement mechanism does not apply to the environment or sustainable development chapters. We have lost the democracy these islands have enjoyed through the European Parliament. For Westminster, as the noble Baroness, Lady Taylor of Bolton, said, the events of today represent a massive power grab by the Executive. This speed is engineered by either incompetence or design.
Both government and opposition opening speakers lingered on the overwhelming majority this Bill won in the other place. But 521 to 73 in no way reflects the views of the country. I beg each noble Lord individually to represent the people abandoned by the other place. Show your opposition to this disaster and provide a counterbalance to the extreme forces that want, as we patch up this ill-assembled boat, putting up sails and rigging and a hand on the tiller, to steer us straight on to the undemocratic, exploitative, destructive, deregulatory shores of Singapore-upon-Thames.
(4 years ago)
Lords ChamberMy Lords, I was going to say that it was a great pleasure to follow the noble Baroness, Lady Wheatcroft; as former newspaper editors we could both have reflected on how there was once a silly season where we were not dealing with such serious issues this close to Christmas—but I have said it anyway. I also welcome the noble Lord, Lord Sharpe of Epsom, to this House. I declare my position as co-chair of the All-Party Group on Hong Kong. There may be many things on which we do not agree, but I hope that we can agree on ensuring the rights of those Hong Kongers who wish to come to the UK, and on standing up for Britain’s position as a signatory to the joint declaration on Hong Kong.
I wish to start my reflection on the Bill with a couple of numbers. There are 112 pages, 29 pages of Explanatory Notes, and, depending on how you count it, four or five working days until Christmas. I feel I am repeating myself but it must be said, reflecting the words of the noble Baroness, Lady Kramer, who is not currently in her place: after a horrendous year, small-business people might have been thinking of winding down and finally getting a bit of a break, but they will have to plough through all that paperwork and seek expert advice at this point in the year. I usually try not to repeat what others have said in your Lordships’ House, but I must join many others in celebrating the Government’s U-turn on the “notwithstanding” provisions of this Bill. That a UK Government could be planning to break an agreement that they signed only 12 months ago will long resonate on the world stage. Every time we hear from the Government Benches, as we do so often about amendments to Bills, “This does not have to be on the face of the Bill” and “You can trust us, we’ve said this is our policy”, we can reflect on where we are today.
We must also reflect on the Brexit ultras having to face up to reality. The “easiest negotiations in history” is a phrase that we must remember being said. Drawing a couple of parallels, I reflect on Erasmus Wilson, the Oxford professor who said in 1878:
“When the Paris exhibition closes, electric light will close with it and no more will be heard of it”,
and the president of the Michigan savings bank saying to Henry Ford:
“The horse is here to stay but the automobile is only a novelty, a fad”.
We are in that territory, for this legislation lays bare the emptiness of “taking back control”. Your Lordships’ House is passing this Bill in one day, while the other place passes the new Trade (Disclosure of Information) Bill which, as of last night, no one had even had the opportunity to read. We will do our best to scrutinise so many things, but as we have been seeing, particularly in the Grand Committee, statutory instruments are being looked at that modify previously passed Brexit statutory instruments. I fear we will see the same cycle again early in the New Year.
I join the noble Baroness, Lady Altmann, in welcoming the modest measures in this Bill against tax dodging. I hope that this is the sign of much more to come from the Government Benches. It tackles a very small part of the issue; there are very large factors to be tackled here. I am happy to see the increase in aviation and gasoline tax, but it is nowhere near enough, particularly after the disastrous ruling in the Supreme Court today on Heathrow expansion. Flying is the most carbon-intensive form of travel, but it is undertaxed and inadequately dealt with in the Paris agreement.
In reflecting on that, I also note that today sees the tragic but terribly important coroner’s conclusion that air pollution was a cause of Ella Kissi-Debrah’s death at the age of nine. It is the first time that such a finding has been made in the UK. I ask the House to take a moment to pay tribute to her mother, Rosamund, for her long fight to get this medical reality recognised.
I shall finish with a question for the Minister. I do not know whether, at this late hour, he can ride to the rescue of Boris Johnson in offering an explanation of how the people of the UK will benefit from Brexit: those people who, right now, are making a weary trudge to the food bank to get food for Christmas; the self-employed who have been left for so many months without any money at all through the gaping holes in the Government’s Covid rescue packages; and the weary teachers struggling to provide education and security for their pupils amid the chaos. How will they gain from Brexit, whether it is no deal or the scantily patched-together thin deal that is now our best hope? We know that the surfers of disaster capitalism, the hedge fund traders and the purveyors of fancy financial instruments will benefit from the chaos—they always do. A few people will profit and the rest of us will pay.
(4 years ago)
Lords ChamberThe question is that Motion B1, as an amendment to Motion B, be agreed to. I have had no notice of anyone in the Chamber wishing to speak—in fact, I call the noble Baroness, Lady Bennett.
My Lords, I rise to speak physically in the Chamber for the first time since March, so I hope your Lordships will forgive me if I feel a little rusty. Although we refer to people taking part remotely and those in the Chamber being treated equally for many procedures in your Lordships’ House, that is unfortunately not the case with ping-pong. That is why I felt that I needed to be here.
In reflecting on that, I want to comment very briefly on the earlier discussion about procedures in your Lordships’ House, because I respectfully disagree with the many people who said that they wanted to go back to how things were before as soon as possible. I think that the remote participation that enables people to participate who, for all kinds of reasons—whether it be disability, caring responsibilities or all kinds of other reasons—may not be able to be in the Chamber is something that we should keep. Of course, remote voting allows a wider democracy, as much as we can, which would surely be a good thing.
I am in favour of Motion B1, in the name of the noble Lord, Lord Stevenson of Balmacara. I will focus in particular on the environment side of it and cite Alok Sharma, the Government’s chair of the COP 26 talks, who spoke yesterday at the climate ambition summit. He pointed out that 45 leaders had announced new climate target plans for 2030, 24 had committed to net zero and 20 had talked about strengthening adaptation. But we are still not on track for 1.5 degrees. As we start to gear up for COP 26, we are starting to see the revival of “One-point-five to stay alive”. We have a long way to go.
If we look at the situation of the nations of the UK, there is no doubt, sadly, that leadership has often not come from Westminster. On everything from home energy efficiency to plastic bag taxes and bottle deposit schemes—all kinds of environmental issues—leadership has come from the nations of the UK other than England. So, if we do not allow that to happen, we are cutting off the opportunity of progressing faster, which I suggest is not in line with the Government’s intentions.
I was speaking at the weekend at an event focusing on the beauty and diversity of the Amazon. There is an innate strength in diversity, in difference, and in different places trying different things and approaches. If you shut that off, as we will by not having this amendment or something very like it, we will actually hamper the efforts on the environment which the Government, I am pleased to say, tell us they are so keen to succeed with.
Finally, I will pick up on the words of the noble Baroness, Lady Hayter of Kentish Town, on our first group of amendments about the “Take back control” issue. When participating remotely, or in the Chamber, I often find myself shaking my head as speakers say, “We are all supporters of the union here”. I believe in subsidiarity and in local decision-making, but I will offer some free advice to those who want to keep the existing arrangements. Squeezing people tighter and taking away independence or rights that have been given is not a way for that to continue. In your Lordships’ House, we have been awaiting for quite some time the very important domestic abuse Bill, which will bring the idea of coercive control into our law. If we attempt to coerce people and take away their independence and the rights that they already have, I would suggest that it will make them seek more independence.
I regret the fact that Motion B1 has been diminished from earlier, similar versions of the amendment. I regret the loss of animal welfare and cultural expression, but it is crucial that we keep the environmental standards and protection. As the noble Lord, Lord Stevenson of Balmacara, said, how in the middle of a pandemic could we not keep the opportunity for every Government in the United Kingdom to protect the public health of their people as best they can?
My Lords, I will speak very briefly in favour of Motion F1 in the name of the noble and learned Lord, Lord Thomas of Cwmgiedd. I thank him for his strong and determined pursuit on this issue over the many stages of this Bill. I join the noble Lord, Lord Adonis, in hoping very much that we will see our Opposition Front Benches support this and push it forward.
I will refer to many of the same issues that I raised on Motion B; we are talking about local control and local prioritising, as the noble Lords, Lord Adonis and Lord Liddle, have said. Without this amendment, this Bill would take financial control away from the devolved Administrations—money is power, as we know. I think it was in Committee that I raised the phrase “pork barrelling”, which has reappeared again and again. This is heading towards an American-style politics, and we have many reasons why we would not wish to head in that direction.
This means in practice that if you have, as we do, an Administration in Westminster who are keen on building new roads—even though they just create more air pollution and new traffic—and airport expansion, and not on spending on nature, that priority will be forced on to local devolved Administrations.
I slightly disagree with the noble Lord, Lord Liddle, who held up as a model local enterprise partnerships and the previous model under the coalition Government; business and elected people is one partnership, but I would like to see something which is much broader and takes in all elements of the local community.
I have been seeing a great rise in enthusiasm across many parts of government for deliberative democracy, for the climate assembly and the people’s assembly approach—the chance to bring together representative groups of people to make decisions. Given that increase in enthusiasm, I would like to see it written into the Bill. Perhaps we will pursue it in the future.
I come back to my point from the debate on the previous amendment about the issue of coercive control raised by the Domestic Abuse Bill. That explicitly looks at financial control as a way in which people in households exercise unequal control. I hope that your Lordships’ House would agree that in an ideal household, everyone has a real and equal say in the spending of financial resources and a real chance to have their say. I would be interested in the noble and learned Lord’s comments on this; the noble Lord, Lord Adonis, said that this was in consultation. I agree that we should have the word “consent” in this amendment. We are talking about democracy, about people having their say and about how we would like to see our nations run.
My Lords, when the Minister introduced the Motion, she explained clearly that the other place had claimed financial privilege and that it was customary for this House to respect that decision made by the Speaker. The noble and learned Lord, Lord Thomas of Cwmgiedd, said that this was not a financial issue. I respectfully say to the noble and learned Lord that it is not for this House to determine whether or not it is a financial issue. As I understand it, it has been accepted by this House for a very long time that the final arbiter of what is or is not a financial issue for which privilege can be claimed is the other place, through its Speaker. If we continue to disregard the Commons claim of financial privilege in relation to amendments we send to the other place for consideration, we not only show a lack of respect, particularly to the Speaker, but might be starting on a route to a constitutional clash with the other place, which would be most unfortunate.
When I sat where the noble Baroness, Lady Hayter, sits, many years ago, we often faced financial privilege being invoked against amendments we were pleased with ourselves for having sent back to the other place for consideration, but we always respected that decision when it came back. I hope that the noble Baroness, Lady Hayter, will continue that tradition in this place. Does the Minister know of any precedence for this place insisting on its amendments not once but twice in the face of a financial privilege claim by the other place, and does she agree with me that this is not a path down which this House should go?
(4 years ago)
Grand CommitteeMy Lords, I start with the Institute for Fiscal Studies. It says this spending review is “austere”. The dictionary says that is “having no comforts or luxuries”. That might be seen as admirable, when it is a choice, when you start from a condition of adequacy, but of course there is another form of the same word: austerity—something the UK knows a great deal about. We have had a decade of that prescription and the coronavirus has demonstrated the utter inadequacy of the economy, society and environment that that toxic medicine produced. The IFS notes, in this spending review:
“The … core … decision was to reduce public service spending, other than the £55 billion allocated for Covid, relative to March plans.”
That is on top of, outside health, a real-terms public service spending cut of 25% per person over the decade to 2020. What does this austerity mean in the real world? The abandonment of the manifesto commitment, from a year ago, to maintaining international aid spending as 0.7% of GDP means a girl in Africa—the continent from which we have extracted for our own enrichment so much in the colonial period and since—will not get an education. That will scar her entire life and that of her children. It means a family here in Sheffield, a family struggling to get by on universal credit when it had barely even heard the term a year ago, faces losing a £20 a week in April when they are already relying on the food bank now. Their house is cold now; they cannot afford to heat it. At Christmas, it will be colder still and the scant £2 billion of the green homes fund is highly unlikely to help them.
What does an austere environment look like? We already know, in one the most nature-deprived nations on earth. It means a failure to live up to the climate and biodiversity promises we made and the responsibility we have as chair of COP 26. We are not talking about cutting comforts or luxuries with this austerity. We are talking about leaching the lifeblood out of communities, out of lives and out of our natural world. Bloodletting with leeches is a medieval practice we should long ago have abandoned.
(4 years ago)
Lords ChamberMy Lords, the CDS is the system that is being rolled out specifically for Northern Ireland from 1 January, because that is the one that enables a dual-tariff mechanism. The development is well under way. We have one or two more upgrades to make to it, with the last one on 21 December. I am not going to pretend that that is not tight, but the development is moving at pace, and the most recent upgrade enabled the dual-tariff operating model to work. The CSPs—the community service providers that provide the link into the CDS for traders and hauliers—are working at pace. The main one, the Trader Support Service, is working at particular pace, and I am confident that the system will be connected by the due date.
My Lords, further to the questions from the noble Lord, Lord Wigley, and the noble Earl, Lord Clancarty, the head of Stena Line’s head of UK Port Authorities told the BBC yesterday that it was preparing for no deal and was confident that it was in the right place for that. As far as I am aware, the Government are still looking for a deal. That means that big companies such as Stena, and also small companies, will have to deal with the uncertainty, with 36 days to go. What help is being provided to enable small independent businesses, in particular, to interact with that extremely late-arriving IT system?
My Lords, the difference for the vast majority of traders between a deal and no deal is simply the level of tariffs that will have to be put into the HMRC and DIT systems. So their readiness needs to be at the same level, whether it is a deal or no deal.