Covid-19: Strategy

Baroness Neville-Rolfe Excerpts

Tuesday 12th May 2020 Lords Chamber

[Baroness Evans of Bowes Park]

Of course we are absolutely cognisant of the real issues that many of the socially isolated are having, and we are very concerned about them, but we cannot put them, their carers and their families in danger—in a situation where the virus could start to get out of control once again. Of course we keep this under review, but we are proceeding with cautious steps because we have seen the tragedy in care homes and we want to make sure that it does not happen again. We want to make sure that everyone is safe and that we can move forward as a country. However, I can assure the noble Baroness that we are very aware of all these issues and we look at them in the round when we are making decisions as we start to move away from the lockdown.

[Baroness Neville-Rolfe (Con)]

The Prime Minister is rightly charting a staged return to normality, in the interests of our economy and our economic future. I agree with my noble friend that we can learn from abroad. Will the Government consider adopting the World Health Organization standards of one metre of social distancing rather than two, as Denmark has done as part of its recovery? For example, that could help to restore the scale of activity that we need in our vital construction sector, or in galleries and museums, mentioned by my noble friend Lord Cormack.

[Baroness Evans of Bowes Park]

There is good reason for the two-metre social distancing rules, because experimental and mathematically modelled data support the view that the droplets associated with the spread of coronavirus—those expelled during breathing and talking—in the main drop to the ground within a two-metre radius of the person. There is science behind the two-metre rule. Having said that, as we continue with our hand washing along with social distancing, I hope that we will steadily move to having the disease even further under control. SAGE continually looks at this, but there is good reason for the two-metre rule at the moment.

Pension Schemes Bill [HL]

Baroness Neville-Rolfe Excerpts

Committee stage & Committee: 3rd sitting (Hansard) & Committee: 3rd sitting (Hansard): House of Lords
Monday 2nd March 2020 Grand Committee

Moved by

[Baroness Neville-Rolfe]

72: After Clause 122, insert the following new Clause—
“Pension dashboards: impact assessment
Within six months of the passing of this Act the Secretary of State must lay an impact assessment before each House of Parliament setting out the expected costs of the provisions of this Part for businesses, and governmental and non-profit organisations.”

--- Later in debate ---

[Baroness Neville-Rolfe (Con)]

My Lords, Amendment 72 would require the Secretary of State to lay an impact assessment before Parliament, once the Bill becomes an Act, setting out the expected costs of our pension dashboard proposals for businesses, government and not-for-profit organisations. I envisage the assessment covering business pensions, civil service pensions—of which I am lucky enough to be a beneficiary—and other government unfunded schemes such as the old-age pension, which we were discussing, along with funded government schemes, such as the universities pension scheme, and the pensions of non-governmental bodies: charities such as Oxfam or small not-for-profits such as Red Tractor, which I chair.

I start by thanking the Minister for the helpful briefing that she arranged with the Bill manager and the DWP team on the Pension Schemes Bill 2020 impact assessment. They have tried hard to respect the spirit of impact assessment, which allows Ministers and Parliament to address costs alongside the case for new legislation. The page numbering is confusing, but I found the document, particularly the section on dashboards, which is more than half way through, timely and informative. That is not always the case with the legislation that we scrutinise, so well done.

My concern today is that not enough attention is being given in our discussions to the costs of the new dashboards and that all the debates so far in this Committee—everything stretching from the climate change provisions debated last week to the long list in Amendment 46 in the name of the noble Baroness, Lady Bowles—are likely to increase them further.

--- Later in debate ---

[Baroness Drake]

I certainly agree with the spirit behind the amendment—that transparency is a good thing and that the costs should be known—but I just hesitate over how the costs are looked at. One would think from some of the debates that I have participated in that I am reluctant to harness financial technology, but that is absolutely not the case. I am very pro it; I just want it done well.

I spoke at an industry event the other day. I will not name the person but it was the first time I had heard the CEO of a major financial organisation say, absolutely correctly, that a single piece of public policy—auto-enrolment—brought billions of pounds into the financial services industry which providers themselves did not achieve. I am conscious that the industry is very aware of its costs but it benefited hugely from a simple piece of public policy, and I found it quite rewarding that there was recognition of that. I have often said that all this money is coming in because the state took the decision to use the private sector to deliver a second-tier pension and therefore it has a wider responsibility for delivering a big piece of public policy.

I am not saying how one should do it, but it would be wrong not to attribute to the cost of the pension dashboard costs that should be incurred anyway. Where you start in looking at costs influences what they aggregate to. Getting the data accurate in order for the dashboard to work has to be done anyway. You cannot make a profit on inaccurate data. I know that that has been the model for a long time but it is not the correct model; it is a dysfunction in the market. On the trust-based side, the Pensions Regulator is driving, and is required to drive that occupational trust-based schemes and master trusts increase the accuracy of their data. If you are auto-enrolling somebody into a product, the least you should do is provide them with accurate data about what they have accrued. I would not want to attribute to the costs of the dashboard something that the industry and pension schemes should be doing anyway, which is getting their data accurate. It is indefensible to say, “It’s an unacceptable cost to require us to get our data accurate.” If they were told, “You’ve got to get it 100% as opposed to 99.9% accurate,” that might be unreasonable within the timescale, but that should be at the heart of providing pensions, whether contractually, by trust or whatever.

Also, the sector has a duty to harness what is available in financial technology so that people can access more easily what is available. I agree that there should be this visibility, but I make a plea. Some of these things required by the dashboard should be done anyway, and some are being driven to be done by regulators. We must not overstate the costs attributable to the dashboard when they would be incurred anyway to meet other government priorities or the efficient operating of pension schemes or market providers. That is my only hesitation.

[Baroness Neville-Rolfe]

I am a big supporter of auto-enrolment, which has been transformative and helps with this long-term problem of providing for old age. The cleaning of data is not a big aspect of the impact assessment I read, although I am sure that we will be advised on that by the department. A lot of it is setting the things up. It is good that data is gradually being tidied up. We must ensure that the system is clean for the future.

--- Later in debate ---

I hope that this commitment to further assessments at the most appropriate time provides at least some reassurance to my noble friend and that she will feel able to withdraw her amendment.

[Baroness Neville-Rolfe]

As I said right at the beginning, I value the work that the department has already done on this matter and the thought that it has given to it. I very much agree about the value of the single pension finder which reduces multiple costs. On climate change, I was not really commenting on the Government’s amendment as much as on the additional amendments that have been suggested and on many amendments on different areas. The point I am making is that often things seem a very good idea, but when they are added together, they bring cost and complexity. I feel that the spirit of this discussion is that we should avoid that to the extent that we can and bring in a simple system in a staged way. As noble Lords know, I always worry about small businesses, small operators and small charities because they find these things very difficult. I am delighted to hear that the Government have brought in outside advice from PwC. We will be looking at that in terms of what might be done and how it might be sequenced. If the Minister would like any assistance, I have a lot of experience of difficult tales from small businesses. I thank my noble friend, and I beg leave to withdraw the amendment.

Amendment 72 withdrawn.

Global Britain

Baroness Neville-Rolfe Excerpts

Monday 3rd February 2020 Lords Chamber

[Baroness Evans of Bowes Park]

I have to confess that I have not had a conversation with him about that recently. However, if that is what he said, that is what he said.

[Baroness Neville-Rolfe (Con)]

Does my noble friend agree that we also bring many advantages to the EU-UK relationship? Four-fifths of capital for other member states is raised in London, and we provide an amazing food market for the French, and an even better car market for the British.

[Baroness Evans of Bowes Park]

My noble friend is absolutely right. That is why we want a relationship with the EU based on friendly co-operation between sovereign equals and centred on free trade. That will be the basis of our approach, and we look forward to discussing these important issues with the European Union over the coming months.

Brexit: Negotiations

Baroness Neville-Rolfe Excerpts

Thursday 3rd October 2019 Lords Chamber

[Baroness Evans of Bowes Park]

The noble Lord is right: if consent was withheld, the arrangements would not come into force or would lapse after one year. On his second point, the Prime Minister is absolutely committed to and putting his full energy into achieving a deal that can get through the House of Commons in the timeframe he has set out. We have faith and trust that he will do that.

[Baroness Neville-Rolfe (Con)]

My Lords, I am glad to hear of the progress he is making. I move away from Northern Ireland for a moment to ask my noble friend about work on the tariff schedule. This will be especially important in the event of a no-deal Brexit, which the Statement says could still be an outcome. I am interested to know the timing for finalising the schedule and debating it in this House. I am a great believer in free trade and cannot see how we can both unilaterally introduce low tariffs, as proposed in the draft schedule, and conclude amazing free trade agreements. There will be no incentive for countries such as Canada, let alone the EU, to conclude good deals. This is a concern that is outstanding, which we have not had an opportunity to debate.

[Baroness Evans of Bowes Park]

I thank my noble friend, and I can say that the tariff schedule will be published shortly.

G7

Baroness Neville-Rolfe Excerpts

Tuesday 3rd September 2019 Lords Chamber

[Baroness Neville-Rolfe (Con)]

My Lords, growing protectionism is a great worry across the world, so it was refreshing to hear that the Prime Minister brought his energy to this area. As my noble friend the Leader said, he made the case for free trade as an engine of prosperity and progress and talked of the need to simplify regulation. Can my noble friend tell us a little more about WTO reform? I am reminded that the real progress was made in the Bali package, which was pushed through by my noble friend Lord Green of Hurstpierpoint when he was the Trade Minister. I very much hope those sorts of reforms can be extended. It was good to hear that the WTO might be being looked at again and pushed forward.

[Baroness Evans of Bowes Park]

The G7 reiterated its commitment to open and fair trade and to an overhaul of the WTO. The priorities for that are to ensure the continued effectiveness of the dispute resolution and settlement mechanism, increase trust in the system by improving transparency and develop new rules on issues such as industrial subsidies and e-commerce. Modernising the WTO rules will also make them more relevant to current trade issues. We strongly support the informal process launched by the general council at the WTO to seek a resolution to the appellate body issues, and we have been urging all WTO members to engage constructively on these ongoing discussions.

Priorities for the Government

Baroness Neville-Rolfe Excerpts

Thursday 25th July 2019 Lords Chamber

[Baroness Evans of Bowes Park]

I am happy to reassure the noble and learned Lord that that is indeed a priority for the Prime Minister. In fact, he has decided also to call himself Minister for the Union to ensure that concerns and issues from all parts of the United Kingdom are taken into consideration in every policy announcement. He made it very clear during Cabinet this morning how committed he is to the union, and there are plans for him to travel around very soon.

[Baroness Neville-Rolfe (Con)]

I congratulate my noble friend on her reappointment. Her experience will be very useful in the coming months as we tackle the various bits of Brexit legislation. I share the warm words that have been said about both the Chief Whip and Mr Evans. They will be with us but they will be missed in their current roles.

I commend the Statement for the comment on business, the suggestion that there will be an economic package to boost business and, indeed, the promise to look at incentives to invest in capital and research. It is important that this is part of our agenda in the coming months and years, and I look forward to hearing more about the details.

[Baroness Evans of Bowes Park]

I thank my noble friend. I assure her that this is something that the new Chancellor is absolutely committed to. We will be seeing further ideas and details of the proposals coming out very soon.

Brexit: Negotiations

Baroness Neville-Rolfe Excerpts

Thursday 22nd November 2018 Lords Chamber

[Baroness Evans of Bowes Park]

I am afraid that I completely disagree with the noble Lord. We have been very clear in saying that we want a positive, strong and deep partnership with the European Union in the future, and I am afraid that I do not recognise his characterisation of the approach we are taking.

[Baroness Neville-Rolfe (Con)]

My Lords, I am glad to see progress in the latest documents in a number of places: for example, on fisheries, on electronic trade facilities, on digital, on medicinal radioisotopes and on future governance. But, assuming that the withdrawal agreement and the political declaration are agreed, what leverage will the Government have in getting timely agreement on the free trade partnership and the associated treaty, thus avoiding the backstop, which seems to suit other member states more than us? We will have paid a lot of money, given up our ability to charge tariffs, accepted the regulatory level playing field and made generous provisions on things such as security—all of which are good—but how will we ensure that we can get the negotiations to end in the timely way that my noble friend described?

[Baroness Evans of Bowes Park]

As I said in response to a number of questions, the withdrawal agreement includes a legally binding commitment that ensures that both sides will use best endeavours to negotiate the detailed agreements that will give effect to the future relationship so that they can come into force by 2020. In the unlikely event that a party considers that the other has not negotiated in good faith, the complaining party could bring a complaint under the process established by the withdrawal agreement.

Salisbury Incident

Baroness Neville-Rolfe Excerpts

Wednesday 14th March 2018 Lords Chamber

[Baroness Evans of Bowes Park]

As the noble Lord will know, the National Crime Agency will continue to bring all the capabilities of UK law enforcement to bear against serious criminal money. There is no place for these people or their money in our country. As I mentioned on Monday, we have now introduced unexplained wealth orders, which can be used to compel individuals to explain their sources of wealth; indeed, the first UWOs have already been issued by the court.

In relation to our conversations with our EU partners, this will, as I mentioned, be an agenda item at the EU Council next week and we will of course be talking to our EU partners. The Prime Minister has already spoken to Chancellor Merkel and President Macron, among others, to see what ways forward we can find with our EU partners to look at the precise areas that the noble Lord set out.

[Baroness Neville-Rolfe (Con)]

My Lords, Salisbury is my home town and we are still in shock. Can my noble friend tell me how Mr Skripal and his daughter—and indeed brave Sergeant Bailey—are doing and what their prospects of recovery are? Have there been any signs of anyone else getting ill, which would obviously concern us a lot?

[Baroness Evans of Bowes Park]

As I said in my answer to the noble Countess, we are aware of a number of individuals who have presented at Salisbury District Hospital following the recent incident, but they have been assessed and discharged. Advice has of course been provided to GPs, acute hospitals and emergency departments across the NHS. Mr Skripal and his daughter remain in an extremely serious condition; Detective-Sergeant Nick Bailey has been making some recovery and has been able to communicate, but all have obviously had their lives put in grave danger.

Brexit Negotiations

Baroness Neville-Rolfe Excerpts

Monday 11th December 2017 Lords Chamber

[Baroness Evans of Bowes Park]

It is actually during the implementation period that the UK’s and the EU’s access to each other’s markets could continue on current terms. During the implementation period, we would stay in all EU regulators and agencies and take part in existing security measures.

[Baroness Neville-Rolfe (Con)]

My Lords, it was very interesting to see how worried the European Union became when there was a risk of the UK crashing out, showing, I think, that we have a stronger negotiating hand than some might think, if we keep our nerve. Contrary to what some have said, some fear that regulatory alignment means a soft Brexit by stealth, making us a rule taker in relation to all future EU rules rather than a rule maker. Is this a valid concern?

[Baroness Evans of Bowes Park]

As I have said, maintaining alignment means that we may have the same objectives but we may well want to do something in a different way. However, in discussing our future trading relationship, we should also understand that we are in a unique position with full regulatory alignment at this point. We want to maintain high standards going forward, so we believe this is an excellent basis for a strong future relationship.

International Trade Opportunities

Baroness Neville-Rolfe Excerpts

Thursday 7th July 2016 Lords Chamber

[The Parliamentary Under-Secretary of State, Department for Business, Innovation and Skills and Department for Culture, Media and Sport (Baroness Neville-Rolfe) (Con)]

My Lords, I am very grateful to my noble friend Lady Mobarik for calling this debate and for her wide-ranging, interesting and perceptive speech. I associate myself with the words of the noble Lord, Lord Mendelsohn, in relation to all that has been said about other speakers.

Our economic position in the world is at a point of inflection. As we turn to the future, the overwhelming need is to rise to the occasion, seize the initiative and make the most of the new opportunities. In my noble friend’s words, we must not allow a state of paralysis. We must engage with the rest of the world, building on existing relationships and, I would say, creating new ones.

While I wanted the UK to remain a member of the EU, the British people have spoken, and it is the Government’s job to implement their decision. In contrast to some noble Lords who have spoken, my vision for the future is positive, because there are opportunities as well as threats in Brexit. We must capitalise on new export opportunities, attract inward investment and build UK dynamism by making the UK the best place in the world to do business. As the noble Lord, Lord Mendelsohn, said, we will no doubt be returning to that later in the year.

I sense that those who have spoken in today’s debate are already looking forward and thinking about how to turn opportunities into action. As my noble friend Lord Patten said, the Chancellor has announced that he is looking into cutting corporation tax to encourage investors. I was very interested by my noble friend’s analysis, which underlined the strength of mutual trade between the UK and the EU and the tariff opportunities if we go that way. We also need to factor in the depreciation of sterling as a positive, which we have seen reflected in the relative share prices of, for example, Rolls-Royce and GSK and some of the best British companies. However, I take the point made by my noble friend Lord Green that, because of changes in supply chains, this is slightly less significant in its impact than what we saw, for example, after Black Wednesday.

As someone who has worked in business, I have some sympathy with my noble friend Lady Mobarik’s point about the need for a robust, results-focused plan on international trade, and I agree with my noble friend Lord Green that this needs to be properly resourced. The noble Lord, Lord Mendelsohn, said that we need to scale up, and I can see the case for that. As a start, the Government have established a new EU unit in Whitehall, drawing in the best and brightest from inside the Civil Service. To respond to the noble Lord, Lord Stoneham, we are also looking outside the Civil Service for talent—as we did in the Second World War. I remember my mother, who worked at the Board of Trade as part of the war effort, talking about the brilliance of the academics who came in and what a difference they made. I have already had approaches from colleagues I knew doing deals around the world, in Asia and elsewhere, asking whether there is an opportunity for their talent to be offered to government. We need to look at all these kinds of angles in the stepping up of resourcing.

There will be no immediate changes to our relationship with the EU. While the UK is still a member, all rights and obligations will apply. We continue to support the EU’s trade agenda, and the UK will participate constructively in EU decision-making on trade issues. Indeed, I am off to the Council, in Slovakia, next week. As the current Single Market Minister, I know how hard we need to work on the issues involved. I assure the noble Baroness, Lady Burt of Solihull, that we are doing just that. We are engaging in a series of sector roundtables to make sure that we are identifying the challenges as well as the opportunities. My door is always open, as she knows.

One of the most important tasks for the Government going forward is forging deeper trade relationships with the US, China and Japan, for example, and rekindling long-standing ones, such as those with Australia, New Zealand and Canada. To respond to my noble friends Lady Mobarik and Lord Patten, I agree that a strong Commonwealth, with enhanced economic prospects for all members, is good for UK business. The United Kingdom Government are represented across the Commonwealth, and UKTI has offices in around half of the Commonwealth countries, including in Pakistan, where there is the fast-growing market which my noble friend Lady Mobarik talked about—I know well the opportunities there and, indeed, Pakistan is an important source of textiles in this country. There are shared systems in the Commonwealth and a shared language, which means that the cost of trade between Commonwealth countries is some 19% lower than with non-Commonwealth countries. We are committed to helping the Commonwealth unlock its vast potential in the area of trade. I am very glad to say that Commonwealth Trade Ministers will meet in London in March 2017. That has now become a much more important meeting.

Getting these trade relationships right is at the heart of the Government’s vision for the UK after we leave the EU, but it will be equally important to maintain existing trade relationships, for instance with Korea, to provide stability for UK businesses. We are not starting from scratch. We already have strong international relationships, which are underpinned by our network of more than 270 posts in 160 countries around the world. As has been said, many countries have already been in touch to express their desire to maintain and build on existing trading relationships with the United Kingdom. We have laid good foundations with China and India, exemplified by the visits of President Xi Jinping and Prime Minister Modi last year. As has been said, my noble friend Lord Price is not in his place today because he is in China. I will be visiting China next month and will be focusing on resolving intellectual property matters, which are a key issue for UK investors.

Of course, we can build on the relationship we already have with one of our most important trading partners, the United States, where I was in January—I followed that up recently when I was at the OECD in Cancun last month. The US is the largest export market for British goods and services outside the EU, including in key sectors such as machinery and transport equipment, especially aero-engines, chemicals, food, live animals and, of course, financial services.

I agree with my noble friend Lady Mobarik that infrastructure investment is very important to a successful economy. As the Transport Secretary has said recently, it is right that the vital matter of airport expansion is resolved in a decision to be made by our incoming Prime Minister.

Britain’s economy is fundamentally strong, and we are a great trading nation. The UK is the seventh-largest trader in goods and fourth-largest trader in services globally. We have strong sectors to drive our trade forward. In 2015, Britain exported £4.56 billion in medical technology, £25 billion in pharmaceuticals and £19 billion in food and drink. As an aside, pharmaceuticals, which was raised by the noble Lord, Lord Mendelsohn, is always a priority area for the UK, and he is right that we need to respond to that. The European Medicines Agency is an issue, although not an immediate issue for the reasons that I have said.

I agree with the noble Lord, Lord Bhattacharyya, that manufacturing is vital to our country. It has been a great strength and must continue to be one. We also have established strengths in aerospace and vehicles, and in 2014 exports of finished manufacturing goods rose to a record level of £148 billion. I commend the noble Lord’s work in bringing Tata to the UK and in helping Jaguar Land Rover, which has helped to revitalise our car industry in this country.

The noble Lord is also right that innovation is key to growth. We are a nation of great inventors, we have great universities and a world-respected IP regime and we will be setting forward our ideas in an innovation plan in the coming months.

The UK is the world’s largest exporter of financial services, exporting more than the US, Switzerland and Luxembourg. In 2014, our total financial services, pensions and insurance exports were worth £69 billion. They have grown 7.9% compound over the past decade. We will need to ensure that all those industries are capable of thriving and prospering on the world stage.

It is important to remember that we are a member of the UN Security Council, NATO, the G7, the G20, the OECD, the WTO and our Commonwealth, and our voice will always be prominent in those fora.

Trade of course goes two ways, and the UK has many strengths which make us an attractive place in which to invest and do business. As Minister at the Department for Culture, Media and Sport, I am particularly proud of the global reach of our tourism sector, our creative industries, which are growing at 9%, and the strength and innovation of our digital economy.

My noble friend Lord Selsdon talked about the importance of foreign investment and some past successes. He will be glad to know that investment continues. Even after the referendum result, Singapore’s Centurion this week committed £20 million to fund new student accommodation in Newcastle, Manchester and Bristol, citing the UK’s education sector as strong and resilient.

I remind noble Lords of the benefits of free trade—I speak as an economist. The WTO remains the bedrock of international trading, and I must mention that recent successes have included the Bali ministerial conference in 2013, where the trade facilitation agreement was reached, which will be implemented next year. I record my thanks to my noble friend Lord Green, whose expertise, diplomacy and brilliance was at the heart of that success when he was Trade Minister. The 10th WTO ministerial conference in Nairobi in December last year agreed a good outcome on agriculture—a very difficult area—with WTO members agreeing to remove trade-distorting forms of agriculture export subsidy. Successful free-trade agreements are concluded outside the EU. The Canada-Korea FTA came into effect in January 2015. This will eventually make virtually all their bilateral trade duty-free.

As was said, our new whole-of-government approach to boosting exports was announced by my noble friend Lord Maude of Horsham in January. UKTI is at the heart of this new approach, bringing together all government players and overseeing export performance on behalf of the cross-government exports implementation taskforce, which is led by Sajid Javid, the Business Secretary. This will be doubly important in the circumstances in which we find ourselves, looking strategically but also at the nitty-gritty—sector by sector—both in trade and in discussion with the EU, because both will be so important in where we get to.

UKTI has recently completed a business forecasting exercise to determine priorities for the next five years, pulling together data from teams across different sectors and markets around the world. That identified 191 new export campaigns which we believe can increase exports by up to £70 billion by 2020. UKTI is also working with partners in the UK, such as the chambers of commerce, which my noble friend Lord Green mentioned, and overseas. We are also bringing in business—a point made by the noble Viscount, Lord Waverley—so we have new partnerships. We are working with Barclays and Lloyds banks, for example, who have pledged to help 40,000 businesses to export by 2020, which will help us to reach our target of 100,000 exporting businesses, which now becomes even more important. We are working closely with businesses of all sizes and other stakeholders to ensure that the UK’s trade strategy works for them and that we continue to be a leader in free trade around the world. We recently announced that John Alty, CEO of the IPO, has been appointed to lead a team for stakeholders to liaise with to discuss their immediate priorities.

To conclude, these are challenging times but also rich in opportunity. Our priorities in the months ahead will be to limit uncertainty during the transition, ensure that our new relationship with the EU works for business and keep Britain open to international trade and to the world. International trade and investment have been integral to the history of this country and will be central to our future. Britain is open for business. Our ambition remains to be the best and easiest place to do business and to be an excellent global trading partner.