(2 years, 1 month ago)
Commons ChamberI will make some progress.
Those papers have provoked scorn from respected economic experts, and even from high-profile independence campaigners. One prominent nationalist—Mr Deputy Speaker, I apologise in advance for the unparliamentary language—referred to the recent economy paper as “utter pish”. The kindest thing I could do is move on without further mention of those publications, so I will.
I am very clear that we will tackle the challenges we face more effectively as one United Kingdom. Much to the frustration of the SNP, the Scottish Government’s own Government Expenditure and Revenue Scotland figures demonstrate the benefit to people in Scotland of being part of the United Kingdom. As I mentioned earlier, people in Scotland benefit from a Union dividend worth more than £2,000 a year for each man, woman and child.
I agree with the right hon. Member for Ross, Skye and Lochaber (Ian Blackford) that in 2014 the pound was at 1.64 against the dollar and that now, because of this Government, it has crashed. However, what does it say to the Secretary of State that even with that, the Scottish independence campaign seeks to reassure the markets by saying it will not go for the Scottish pound, but stick with this crashing economy? What does that say about its confidence in the Scottish pound?
I would add to the hon. Gentleman’s remarks by saying that as a country shadowing the pound it will not be the lender of last resort—it will have no lender of last resort. It is utterly irresponsible.
As one United Kingdom, we are able to draw on our great shared institutions such as the NHS. We are better able to respond to the nationwide challenges on the cost of living, just as we did in overcoming the pandemic when we offered the covid vaccine to everyone in the UK. The energy price guarantee will save a typical household in Great Britain around £700 this winter. I believe that our collective strength as a family of nations means we are much better able to tackle the big problems.
(4 years, 5 months ago)
Commons ChamberI was going to say I was pleased that for once that the hon. Gentleman had not made it all about independence, but he managed to weave it in. I think the whole House would like to congratulate him on giving up his own independence by getting engaged last weekend.
The answer is that we had a general election and we had a resounding majority across the United Kingdom for a manifesto that said we would honour the result of the referendum. We are going to honour that result: we are going to take back control of our laws, borders and money and we are going to leave the hated common fisheries policy and become—here is the independent bit for the hon. Gentleman—an independent coastal state.