(1 year, 2 months ago)
Commons ChamberI thank my hon. Friend for all that she does to champion the Jewish community. I met most recently with Ministers, police chiefs and the Community Security Trust in Downing Street to discuss how we can better protect the British Jewish community at this difficult time, as well as additional funding. I have been clear that there is zero tolerance in our country for antisemitism. What we have seen recently is unacceptable and it should be met with the full force of the law.
Hamas’s crime was not just what was once called “the banality of evil”; it was the calculation of evil, which is why Hamas must be defeated. The Prime Minister is right that a humanitarian disaster is unfolding in Gaza. That is why he is right to say that we need a constant stream of aid pouring in. The UN Secretary-General is very clear that only a binding-on-all-sides negotiated cessation of hostilities will allow that aid to pour in as the Prime Minister said. Is the UN Secretary-General wrong, and if he is not what will the Prime Minister do at the United Nations to bring about that binding-on-all-sides negotiated ceasefire so that aid can flow and lives can be saved?
Aid is already flowing into Gaza as a result of the diplomatic efforts of many, including the UK, and now we are providing further not just financial but logistical support to increase the supply of that aid. We will continue to do so. It is vital that we get it in, and we are working very closely, as I said, with the head of the UN’s humanitarian agency, who is in constant contact with the Development Minister.
(1 year, 3 months ago)
Commons ChamberMy right hon. Friend has focused on the issue of maritime security in the Black sea for some time, and he has been correct to do so. We are talking and working with partners, allies and, indeed, Ukraine in considering all the different ways in which we could ensure the safe exit of and access to grain from Ukraine, and will continue to do so.
As for the global food summit that we will host in London, it will focus on four themes: creating new approaches to ending the preventable deaths of children, building a climate-resilient food system, anticipating and preventing famine and food security crises, and using science and technology to boost food security and nutrition. We are also working to deliver the food summit in combination with partners including the United States and Somalia.
May I first associate myself with the sympathies extended to the people of Morocco?
I welcome the language in paragraph 50 of the G20 communiqué about building a bigger World Bank. The truth is that we need to triple the lending of multilateral development banks if we are to mobilise the climate finance that the world now needs, and we cannot do that simply by building a better World Bank; we need to build a bigger World Bank. In the United States, President Biden is asking Congress to support a capital call and boost the balance sheet of the World Bank. Why is the UK, one of the founders of the World Bank, not leading the same argument? We could even use the money we are getting back from the European Investment Bank, and the Prime Minister, if he so chose, could call it a Brexit dividend. The world leads a bigger World Bank now, and the UK should be leading the case.
(1 year, 5 months ago)
Commons ChamberI thank my hon. Friend for his question. In the interests of time, I might point him in the direction of the Secretary-General’s press conference from the day before yesterday, which explained—in more detail than I have time for now—the process and how this has been done previously. As he pointed out, accession to NATO has never been a question of timing; it has always been a question of conditions and circumstances. My hon. Friend will be familiar with the fact that there is an ongoing conflict. There are also requirements on all NATO members when it comes to areas such as modernisation, governance and interoperability, which Ukraine is now firmly on the path towards fulfilling, not least because of the help and support that we have provided over the past year.
I agree with my hon. Friend that history will judge this to be one of the most significant NATO summits. There was the significant change in the defence investment pledge, so 2% is now firmly established as a floor, not a ceiling. There was the most comprehensive update to NATO’s war fighting plans in decades, if not since the end of the cold war, and they are remarkable in their breadth and significance. There was the accession of new members—Finland, and Sweden to follow. Lastly, there was the move on membership for Ukraine. Taken together, that represents a significant set of NATO achievements, sitting alongside the multilateral security guarantees. As my hon. Friend says, it has been an historic and very important couple of days.
I hope that in his reply the Prime Minister will help clarify that it is we who owe gratitude to Ukraine, not the other way round. Will he update the House on plans not simply to help Ukraine win the war, but to win the peace? The reconstruction of Ukraine will cost at least $400 billion, and Russia should be helping to foot the bill. That means we need new laws to seize, not simply freeze, assets. It means we need action at the United Nations to change the norms around immunity of central banks. Crucially, it means we need to start prosecuting Russia for the crime of aggression. That will require us to mobilise not simply a military NATO, but an economic NATO. Will the Prime Minister update us on the conversations that he has had to make that a reality?
As the right hon. Gentleman knows, we have recently hosted the Ukraine recovery conference, for which the Ukrainian Government and people are extremely grateful. It was the most successful conference of its ilk that has happened, raising more than $60 billion for Ukraine’s reconstruction and mobilising private sector capital, as is necessary. It was seen as a significant achievement and the UK leading from the front. With regard to assets, I point him to a good couple of paragraphs in the NATO communiqué. All allies are taking steps, as are we, to legally freeze assets until suitable reparations from Russia have been put in place for reconstruction. He will understand that the international framework for doing so is untested and novel. It requires co-operation among allies, and that co-operation and work is happening.
(1 year, 7 months ago)
Commons ChamberI thank my hon. Friend for all her work in this area previously. She will be proud, as I am, that the Foreign Secretary launched the women and girls strategy in March, and one particular thing in that was to continue putting women and girls at the heart of everything to do with education. UK aid has supported 8 million girls to gain a decent education, which is part of our pledge to enable all girls to have access to 12 years of high quality education. That is something we will continue to champion in all international fora.
I declare an interest as chair of the international Parliamentary Network on the World Bank & International Monetary Fund. I also welcome the commitment in paragraph 10 of the G7 communiqué to enhance development finance, tackle the imminent debt crisis, tackle climate change, and advance progress towards the sustainable development goals. Would that be an awful lot easier if the UK stepped up and met the African Development Bank’s calls for hybrid capital, matched Japan’s commitment to share 40% of the new special drawing rights, and used the €3.5 billion that we get back from the European Investment Bank to help build a bigger World Bank? At a stroke, that would help to restore the global leadership and development that we have so needlessly and dangerously squandered.
(2 years, 1 month ago)
Commons ChamberMy hon. Friend puts it very well. He is right about the importance of CPTPP, not only for its very significant economic benefits but for the strategic benefits to the United Kingdom of being an engaged member of the Indo-Pacific community. I discussed this with the Prime Ministers of Australia, Japan and Canada, and there is incredible excitement about our joining. We will continue to conclude those negotiations as quickly as possible.
The Prime Minister will know that the last G20 summit agreed to on-lend $100 billion of IMF special drawing rights to help tackle the crisis of food fragility and climate finance in the global south. To date, we have agreed to share much less of our entitlement than both France and China. The crisis is now. Will the Prime Minister look again at how we can increase our on-lending to this multilateral effort, not least to make good the appalling decision to slash our aid budget?
As Chancellor, I was pleased to usher through the special drawing rights allocation at the IMF, which is providing enormous relief to countries around the world. I met the IMF’s managing director to discuss how we can do more, but remember that the SDR allocation is just one part of our effort to support people around the world. I was recently pleased to announce our £1 billion commitment to the Global Fund, which was warmly welcomed, especially by countries in Africa.
(2 years, 1 month ago)
Commons ChamberAs Chancellor, I was pleased to cut fuel duty by 5p a litre—the biggest-ever cut—to help motorists in our country. I recognise the concerns that my hon. Friend raises, which is why we asked the Competition and Markets Authority to conduct an urgent review of the market. There are some actions to be considered coming out of that review, and I look forward to meeting him and to working with the CMA to explore its recommendations in more detail.
Tomorrow, I will be delivering food bank collection crates across my constituency, because our food banks are running out of food once more. Does the Prime Minister understand the despair my constituents feel that he, as one of the richest men in Britain, is doing so little—[Interruption.] Conservative Members do not like the truth, Mr Speaker. Does he understand the despair my constituents feel that he is doing so little for the poorest in Britain by refusing to cancel the £3 billion tax break for non-doms who profit from our country but will not make it their home?
I am proud of my and this Government’s track record in supporting the most vulnerable in our society, and that will always continue. It is a bit rich to hear that from the right hon. Gentleman—the first person to remind us what happens when the economy is crashed by a Labour Government. That is no way to help people. We will build a strong economy. That is what enables us to support the most vulnerable and strong public services.
(4 years, 5 months ago)
Commons ChamberMy hon. Friend is absolutely right. The analysis published today shows that we have reduced the scale of losses for working households by up to two-thirds in general, but the support for the poorest households has been the highest. He will find that in the distributional analysis published today. It demonstrates what we believe is important at a time like this—to protect the most vulnerable in our society. I know that is something that he feels very deeply, and I share that feeling.
The country expects us to pull together now to get our country back on its feet. In that spirit, let me welcome the investment that the Chancellor has announced today for young people and for the hospitality trade. My observation, though, is that of the money he has brought forward, the capital is only about 5% to 6% of the budget that he has earmarked for the next four or five years. What that means in my region is 50p per person per week invested in so-called shovel-ready projects. That is not enough.
But crucially, there is a gaping hole in today’s announcement where support for manufacturing should be. We have 330,000 people across the west midlands on furlough in construction, manufacturing and the car business. I believe that the sharp ends to the furlough arrangements will put many people out of work, and there is no subsidy scheme for new cars of the type that has been announced in France and Germany. We want to be the capital of green manufacturing. I fear that, from today, we are now looking at manufacturing meltdown.
When it comes to capital investment, it is important to put in context what our existing budgets were for this year. I announced £88 billion at the Budget for this year. That represents a 20% increase on our capital investment plans in the previous year and, as a percentage of GDP, the highest amount that we have invested in capital since the ’70s. The starting base level for our capital investment is already exceptionally high. We have brought £5 billion of additional projects forward into this year, but, taken in the round, it will be the most we have ever spent on capital in real terms for a very, very long time.