(5 years, 2 months ago)
Commons ChamberNo, I will not give way at the moment.
No. 10 has briefed that the Prime Minister will defy the law. Until the Government have abided by that law, I do not believe there will be a majority in the House for what the Prime Minister is proposing later today under the Fixed-term Parliaments Act 2011.
I would like to go back to the point that was just made about what happens if we reach the end of the October and one or more EU countries do not give an extension. The clock is ticking towards the end of October, and surely we should focus on supporting getting a deal now, rather than kicking the can further down the road. If there is no extension, what does the Leader of the Opposition suggest is done?
We have always wanted to get a deal, but what we do not want is the no-deal exit with all the dangers to jobs, living standards and supplies, and the Prime Minister and his chums taking us down the road into the arms of Donald Trump and the trade arrangements he will make with the United States.
Last week, the Prime Minister had several opportunities at the Dispatch Box, but on each and every occasion he failed to give a single detail, in response to numerous questions, about what the Government are aiming to negotiate in terms of a new deal with the European Union.
(5 years, 2 months ago)
Commons ChamberI hope that the hon. Lady will not think that my response is in any way macho. My concern is to make sure that the trade with our two countries prospers and that the Mercosur arrangement succeeds. It will result in the removal of something like 91% of present tariffs. That can only be to the benefit of Brazilian farmers and to the benefit of the Brazilian economy. If we help to ensure that these sensible trade arrangements are made, those fires can be put out and they will stay out.
It has been suggested that changes to trade flows between the US and China may be fuelling some of the Amazon forest fires. Does my right hon. Friend agree that all leading nations should be working together to stop that devastation? What conversations are taking place with other leading countries?
My right hon. Friend the Foreign Secretary met other Foreign Ministers at Gymnich earlier in the week. He has made clear the concern that we have about those fires. He has also made absolutely clear the importance that we believe trade has to building economies in South America and in the far east, which encourages a better response to such tragedies.
(5 years, 4 months ago)
Commons ChamberAbsolutely. I am sure that Madam Deputy Speaker would not want me to go too far down that road, but it is a good point.
Does my hon. Friend agree that it is also in our national interests to keep up our investment in international aid? By making poorer countries more stable, we improve the world’s stability. By tackling diseases, we stop them spreading to our own country. If we are to fight climate change, we need to fight it globally. Aid is not just the right thing to do morally, but it is in our interests to continue it.
My hon. Friend is absolutely right. We could take things even further because, in the commercial sense, if countries across the world are richer, that affords us new markets as well, which is in addition to the humanitarian reasons for aid that she rightly outlines.
DFID’s budget is around the £14 billion mark. While it is certainly a small part of our overall income, as was raised earlier, it is still a considerable amount of money. The aid budget has its critics and criticisms, of course, and I will come on to one or two of them, because some may be valid. Perhaps we can improve matters, and we should certainly never be satisfied with where we are, because we can always do better. We all have constituents who point out that some of our schools and our police are short of money, so if we are going to spend money abroad, helping people who are not from this country, then we must ensure that we spend it wisely and effectively, and this estimates day debate is about addressing the budget in the wider sense.
It is worth touching on exactly how aid works. This may come as a surprise to some, but DFID itself spends around 75% of the aid budget, with the other 25% being spent by other Departments, such as the Department for Business, Energy and Industrial Strategy, the Foreign and Commonwealth Office, the Department for Health and Social Care and the Home Office, and other outside organisations. Some of the aid that we provide is bilateral and some is multilateral, and I will come on to the difference in a minute.
The National Audit Office report, which came out just a few days ago, says that most of our aid is going to the right places and having a great effect, but it did point out that there is room for improvement. As I go through one or two areas in which we can improve, the observations that I will make are not in any way a criticism of our approach of our aid policy because, as the House has heard, I am supportive of it.
(6 years, 9 months ago)
Commons ChamberIssues relating to sanctions and anti-money laundering have been dealt with under EU law for many decades. It is absolutely right that we in Britain should treat these matters extremely seriously and make sure that the UK has in its toolbox all the tools that it needs to take action.
The UK has taken the lead in the past. Many of my colleagues in the House have reminded us of their experience when David Cameron chaired the G8 and tax transparency was put at the top of the global agenda. I remember being in the European Parliament at that time, working with the UK Conservative-led Government to increase tax transparency across Europe by introducing country-by-country reporting for banks.
The UK must continue to lead because the City of London is the world’s leading financial centre. The financial services sector is the leading contributor to British finances. It is vital to our future economic success, and its success is based on its reputation for trust and transparency. Crime does not stand still, however, and those who want to continue to launder money will continue to try to evolve their behaviour, moving into new dark spaces, taking advantage of digital trade and finding new ways to exploit a virtual world. No country has the tools to act alone and countries must continue to work together. Of course Britain will continue to implement anti-money laundering laws that were set in Brussels: we helped to form those laws. Action is being taken today. In today’s news, we have seen fines against William Hill, HSBC has announced a warning of a potential $1.5 billion fine for its Swiss operation and Latvia’s central bank chief has been suspended.
If we are to continue to take action against money laundering and fraud internationally as well as domestically, we must continue to have exchange of information. Data exchange is key for our security services, our tax authorities and our financial services sector. The vast majority of our financial services companies want to be able to stamp out fraud themselves. I am sure I am not the only Member to receive a phone call from their credit card company warning them that their credit card was being used fraudulently. I was in my kitchen in England while my credit card was being used in a hotel in Turkey. Our companies want to be able to access cross-border personal data because that helps them to fight crime.
Foreign Secretary, you have spoken about building bridges with Europe. You have spoken about building a physical bridge. You have spoken about building a hypothetical bridge. I challenge you to build a digital bridge: a 21st century data exchange bridge, based on the rules of data adequacy. That will ensure we keep the ability to fight crime together across the world.
(7 years ago)
Commons ChamberWe have made repeated representations to the Iranians about human rights concerns, but I will certainly be happy to take up the issues the hon. Lady raises in person during the course of my projected visit to Iran in the next few weeks.
My hon. Friend asks a very thoughtful question about what is happening in Germany, but I do not, as it happens, think that the German Government will be in any way incapacitated when it comes to the negotiations in December or, going forward, doing a great free trade deal with the UK over the next 18 months.