EU-UK Trade and Cooperation Agreement

Lord Griffiths of Fforestfach Excerpts

Friday 8th January 2021 Lords Chamber

[Lord Griffiths of Fforestfach (Con) [V]]

My Lords, I welcome this agreement. It is certainly better than no agreement but, more importantly, it delivers to the people of the United Kingdom what a majority voted for, and for that the Prime Minister, the noble Lord, Lord Frost, and his negotiating team deserve great credit.

Could the agreement have been more extensive—less thin? Almost certainly it could have been, but on the one area I know something about—financial services— your Lordships should be cautious before being overly critical. Agreements on services are typically much more difficult to negotiate than those on goods. Financial services are especially difficult because of the complexity of financial products. Agreements in this area impact on the liquidity and solvency of banks, and therefore on the stability of the financial system as a whole.

I take great comfort from three things: first, that we start from a position of equivalence; secondly, that at present the Treasury and the Bank of England are working on a memorandum of understanding, due to be finished by March; and, thirdly, that the Economic Secretary to the Treasury in another place, John Glen, has made it abundantly clear that we have no desire to lower our prudential controls to win business. Therefore, I believe that unless one party is resolutely protectionist, we can secure a deal.

This is a vast subject but I say in conclusion that only rarely does a country—or, as in our case, a group of countries—have the possibility of resetting its direction of travel. This is just such a time for the UK: supporting enterprise; encouraging investment through saving, as the noble Lord, Lord King, said, in order to have wealth creation; renewing our democracy through less centralisation; and strengthening the institutions of civil society, starting with the family. I believe that Brexit has created a great opportunity for us, and it is now for us to respond.

Civil Society

Lord Griffiths of Fforestfach Excerpts

Thursday 11th June 2015 Lords Chamber

[Lord Griffiths of Fforestfach (Con)]

My Lords, I thank the right reverend Prelate the Bishop of St Albans for introducing the debate. It is a pleasure to take part in it. He was absolutely right in saying that the report is a genuine attempt to set out a moral vision of our country based on the Christian faith. It is a vision to which people of other faiths and no faith will, I hope, be able to subscribe. As the right reverend Prelate said, it is very clear that this is not in any way a political statement by the church and it does not support any political party. It explicitly says that it seeks to transcend the left and the right and makes it clear that it is concerned with human flourishing and the common good. It recognises the limits of economics. Whether one is in favour of greater state intervention or of strengthening the market economy, an economic view has limitations. The report argues that we need, as has been said, a vibrant civil society made up of strong families of different communities and networks underpinned by certain values.

I would like to make two comments on what has been said. First, I very much welcome the endorsement of civil society. Freedom and the rule of law are fundamental to our way of life and a market economy is, I believe, key to our prosperity, but human flourishing is about more than consumer choice, free markets or globalisation. The family, the neighbourhood, the school, the church, the synagogue, the temple and the mosque are all important to the well-being of society. Adam Smith recognised this when he argued that moral sentiments such as sympathy, beneficence and generosity were crucial to a society—qualities not guaranteed in a commercial society. Edmund Burke also recognised this when he talked about the “little platoons”. As has been said, this was at the heart of the big society—something which the bishops’ report recognises and strongly applauds. The big society is not about replacing government with laissez-faire or about a political programme. It is about the moral responsibility of individuals, and of the communities of which they are part, and of their potential to act for the common good when they are provided with the opportunity to do so. There is a distinctive Christian perspective here—that of the church taking a lead in reawakening the spiritual energy of people and our society.

The question I asked as I read the report was: does the church have anything to add to what a government welfare department or organisation might do? I think that it does. The most reverend Primate the Archbishop of Canterbury has already shown how beneficial credit unions are when accompanied by encouraging the neighbourliness of which we have heard. The success of church schools lies in more than simply providing a technical education. Another question I found myself asking was: are there areas in our society today where the church could do more in the areas of health, care for the elderly and training, especially for excluded young people?

Secondly, we cannot address the issue of civil society, which is really about the redistribution of income, without addressing the issue of the creation of income. As has been pointed out by many, Who Is My Neighbour? was inspired by the parable of the Good Samaritan, who brought bandages, oil and wine for the victim and a donkey on which to put him. He took care of the victim and paid out two silver coins. People in our society, let alone government, cannot meet the needs they see around them without the resources to do so. The first resource is the income which comes from a job.

In looking back over the last five years, I was disappointed that the report said it was good news that,

“unemployment has not risen as high as was predicted”,

given that 2 million jobs have been created in the last few years in a very turbulent and difficult world economy. Unemployment is much lower in Britain today—it is at the level of Germany and the US—than it is in France, Italy and Spain. Jobs have been created because the Government had to take very tough decisions. Labour Governments took the same decisions in the late 1960s, 1970s and in the late 1990s. I believe that without a strong economy we cannot have a strong civil society.

In conclusion, I am convinced that the church, and more generally faith-based organisations, can play an important part in civil society. If, however, as the report claims, the Christian faith is a world view, it must be comprehensive. It must address wealth creation as well as wealth redistribution. Alongside the language of caring, community and neighbourliness —the big society—we also need to hear from the church of enterprise, aspiration and reward to make greater generosity and neighbourliness the foundation of the kind of civil society we all want to see in this country.