EU: Budget

Debate between Lord Sassoon and Lord Stoddart of Swindon

Monday 16th May 2011 Lords Chamber

[Lord Sassoon]

I am very grateful to my noble friend. Of course, we discussed some of the structural reform issues in a debate in the Chamber last Thursday. I can reiterate and confirm that the Government are working very hard indeed to be an active supporter of the whole 2020 structural reform programme. Completing the single market is perhaps the most critical component of that, and the Government are pushing very hard for that to happen.

[Lord Stoddart of Swindon]

My Lords, in the light of the huge increases in our net contribution, which will continue, is it not time that we had a cost-benefit analysis of our membership of the EU; or, perhaps better still, a referendum on whether we should remain in it?

[Lord Sassoon]

My Lords, the analysis is carried out periodically by the Treasury. Reviews of the independent analysis of the benefits of our membership are available on the Treasury website. Europe accounts for 40 to 50 per cent of our exports. It is critical that we play a constructive part in Europe and that we work on factors such as those referred to by my noble friend Lord Newby to make sure that the market works better and that the UK takes full advantage of it.

Currency Markets

Debate between Lord Sassoon and Lord Stoddart of Swindon

Wednesday 2nd February 2011 Lords Chamber

[Lord Sassoon]

My Lords, I am grateful to my noble friend for again underlining some of the successes in recent financing in the eurozone, which is an encouraging sign. I would not go so far as presuming to give the ECB further advice, but certainly recent market operations have been encouraging.

[Lord Stoddart of Swindon]

Does the noble Lord agree that the fact that we are not in the euro has meant that our currency has been able to take the strain and that exports have increased? This country is likely to survive much better out of the euro currency, especially in regard to interest rates, which have been kept particularly low, to the benefit of industry and house buyers.

[Lord Sassoon]

I am grateful to the noble Lord and I thoroughly endorse his sentiments. This country has benefited greatly in recent years through the crisis by not being in the euro and by being able to develop our own policy responses. This coalition Government have no plans to enter the euro and are not making any preparations to do so at any future date.

EU: Membership

Debate between Lord Sassoon and Lord Stoddart of Swindon

Monday 8th November 2010 Lords Chamber

[Lord Sassoon]

My Lords, I agree with the noble Lord and, as I have already explained, the huge benefit from our membership of the EU significantly outweighs the budgetary contribution that we make.

[Lord Stoddart of Swindon]

My Lords, is the Minister aware that we run a consistent trade deficit with the EU of about £40 billion a year? Could he say in relation to our net contribution, given the extra £450 million agreed by the Prime Minister at the recent quarterly meeting—or perhaps the £900 million which we will have to pay if the European Parliament has its way—how much we will then be paying?

[Lord Sassoon]

My Lords, in answer to the first part of the noble Lord’s question, 40 per cent of the UK’s trade goes to Europe, so it is a critical trading partner. On the potential increase of our budget contribution for next year, I should say that it was only thanks to the work of my right honourable friend the Prime Minister that the budget was put on to the agenda of the Council of Ministers and, thanks to the work he did with a number of other member states, the ridiculous proposal of a 6 per cent increase has been thrown out of court. The Council instead discussed the 2.9 per cent increase which we believed to be the absolute upper limit of what should be acceptable for next year.

EU: Economic Governance

Debate between Lord Sassoon and Lord Stoddart of Swindon

Wednesday 27th October 2010 Lords Chamber

[Lord Sassoon]

My Lords, I sometimes struggle to speak for all the policy matters covered by Her Majesty’s Treasury, which are wide enough. I absolutely cannot speak for what the leaders of France and Germany are going to say when they come to the council tomorrow. I am sure that the Government will be prepared to answer any proposals that come forward. We will hear more about this after the meeting on Monday.

[Lord Stoddart of Swindon]

My Lords, would not any proposals coming from France, Germany or anywhere else for a treaty change require to be passed by unanimity? If so, can we have an assurance that the Government will not agree to any such change? If they do—to take up the point made by the noble Lord, Lord Richard—can we have an absolute assurance that there will be a referendum?

[Lord Sassoon]

My Lords, I do not think that I can add anything to my earlier answers on this matter. I have tried to make the position as clear as possible. We will treat any proposed treaty changes on their merits and depending on whether they suggest any changes in competences between the UK and Brussels.

[Lord Stoddart of Swindon]

Does that require unanimity?

[Lord Sassoon]

Yes.

Terrorist Asset-Freezing etc. Bill [HL]

Debate between Lord Sassoon and Lord Stoddart of Swindon

Monday 25th October 2010 Lords Chamber

[Lord Stoddart of Swindon]

My Lords, on this important amendment, we have heard from the Minister that because he is a layman, as I am, he is not able to answer the questions raised by the noble and learned Lord, Lord Lloyd, in a manner that satisfies those of us who are laymen and thus enables us to vote intelligently if a vote is called.

[Lord Sassoon]

My Lords, I am grateful to the noble Lord, Lord Davies of Oldham. I hope that the majority of us are clear about the intended scope of Clause 1, so I shall move on to deal with some of the other aspects. However, it is quite clear that the scope of Clause 1 is as intended and required by our obligations under UN Resolution 1373, which is the relevant resolution.

It is worth noting that while the majority of asset-freezing cases in the UK are against those who are charged or convicted of terrorist offences, at the moment there are six cases where it has been necessary, in order to protect the public from terrorism, to act upon the intelligence picture which, for reasons of national security or admissibility of evidence, cannot be used as the basis for criminal charges. However, that does not, of course, mean that those people do not continue to pose a serious risk to national security. Therefore, to limit final designations only to those subject to a criminal charge would exclude such groups and individuals as I have described. This would fatally undermine the preventive and disruptive nature of the asset-freezing regime as well as impact significantly on its operational effectiveness.

Nevertheless, the Government recognise that the Bill as it was introduced raised civil liberties concerns, and it was to address those that we amended the Bill so that a higher final designation threshold of reasonable belief, rather than the previous reasonable suspicion threshold, is being introduced. However, again I stress that there is a twin test, as the test of necessity for public protection also needs to be met. I do not think that the noble and learned Lord, Lord Lloyd of Berwick, drew attention to that.

The noble and learned Lord referred to a final order as giving an indefinite freeze. However, it is important to recognise that freezing orders have to be relooked at whenever the evidence changes or after 12 months. While “final order” is the term in the Bill, we should remember that a final order or a final designation will expire after 12 months unless it is renewed. We have also provided that the legal challenge to any designation should be by way of appeal. The Government continue to believe that the Bill strikes the right balance between safeguarding a person’s rights and protecting the public.

Amendments 9 and 11 require the Treasury to apply to the court to make an interim designation.

Comprehensive Spending Review

Debate between Lord Sassoon and Lord Stoddart of Swindon

Wednesday 20th October 2010 Lords Chamber

[Lord Stoddart of Swindon]

Yes, he is; he is an independent Labour Cross-Bencher. The Government have ring-fenced health and overseas aid. Is there not another item that has been ring-fenced? It is our net contribution to the European Union, which is £6.7 billion this year. Would the Minister agree that if that were reduced by 20 per cent, it would enable 55,000 more nurses, policemen or teachers to be employed? Should our country not come first rather than subsidising other countries?

[Lord Sassoon]

I thank the noble Lord, Lord Stoddart, for a question that reminds us that we are working extremely hard as a nation to live within our means. It is equally important that within Europe the European Union also lives within its means. The Government will be doing everything they can to make sure that proper financial discipline is applied to the European budget this year and for the next spending period. I do not know, but I have a sense—I might like to ask on the subject—that the Labour Members of the European Parliament were today voting to allow the European Union to have its own tax-raising powers to fund a separate pot of money. The present Government want to see proper discipline applied to European Union expenditure.

EU: Financial Assistance to Member States

Debate between Lord Sassoon and Lord Stoddart of Swindon

Monday 19th July 2010 Lords Chamber

[Lord Hannay of Chiswick]

My Lords—

[Lord Stoddart of Swindon]

My Lords, does the Minister agree that Members of the House can speak from any Bench they wish? Does he recall that until 1985 the Labour Party was in favour of complete withdrawal from the European Union?

On the Question, should not the Government ensure that the European Commission and European authorities obey their own laws and not expect member countries to obey laws on pain of a fine?

[Lord Sassoon]

My Lords, as regards Article 125, about which we are talking today, there has been no suggestion that the Commission or anyone else has proposed anything illegal under the treaty. Indeed, Her Majesty’s Government take their own legal advice to confirm that position.