(4 days ago)
Commons ChamberContext is everything, and the context for this Budget can be summed up in three letters: ABT. It stands for “anyone but the Tories”, or “austerity, Brexit and Truss”. Both explain the composition of the House of Commons; it is a result of the damage done by those things. Their combined impact is that households in this country are £11,000 worse off every year than they would have been had we continued on the trajectory we were on in 2010, when Labour last left office. Policy mistakes by Liz Truss led to a £1,200 hike in interest payments. Interestingly, the market reaction to what the Chancellor said today was very positive; the only downward spike was when the Leader of the Opposition stood up. That speaks volumes about what the markets have made of the Budget today.
The contrast between ABT and now is quite stark. The situation is completely different from what the deputy leader of Reform, the hon. Member for Boston and Skegness (Richard Tice), has just tried to tell us it is. He of course supports all three of those Tory measures, although they had the disastrous results that I have outlined. By contrast, business investment is up over this Parliament. Public and private investment have jointly increased, under the partnership in the industrial strategy. That includes £14 billion of public money to secure the success of Sizewell C. We have had five successive interest rates cuts. We have had wage rises and the highest G7 growth forecast—upgraded by the OBR—and, of course, borrowing is down, which is not what the hon. Member claimed.
My constituency stands to benefit enormously. I will put in a bid to be one of the pioneers who gains a neighbourhood health centre. I am pleased that Southport was mentioned, but I want one in my constituency. In fact, I want more than one, but I will start with one: the Maghull health centre. We already have £1.3 million pledged from developer contributions, but Maghull stands ready to be a pioneer of the NHS neighbourhood health scheme. Could the Chancellor please get the integrated care board to play ball? High Pastures, my GP surgery, has already taken advantage of the modernisation fund, which is very welcome.
In the Liverpool city region, £1.6 billion has been announced for a new fleet of buses for the newly franchised network. Members will be familiar with the Manchester Bee Network, but the Liverpool A network will of course come along shortly—well, that is what Steve Rotheram says, anyway. It will link to John Lennon airport, and to Everton and Liverpool football clubs.
On energy, my Energy Security and Net Zero Committee asked the Government, in one of our recommendations, to consider moving the surplus in the investment reserve fund of the British Coal staff superannuation scheme to its members, and I am very pleased that the Chancellor has listened. A friend of mine—he and his wife are both pensioners—messaged me today to pass on their thanks to the Chancellor and the Treasury team. I know those thanks will be replicated by other Government Members—and, I hope, some Opposition Members—speaking on behalf of their constituents.
There is the very welcome decision to cut energy bills by £150, recognising the energy company obligation failure of the last Government, under which 97% of scheme participants were worse off as a result of the scheme. The price cap should fall significantly in April as a result of what the Government have announced today on energy bills. We also have an extra £1.5 billion for the warm homes plan, taking the total to £14.7 billion. I strongly recommend that the Treasury and the Department for Energy Security and Net Zero make the most of the money, and ensure that it is used as widely as possible, so that we have proper insulation and reduced energy usage.
Chris Vince
My hon. Friend makes a valid point about the importance of insulating homes. As he will be aware, my constituency of Harlow is a new town, so many householders face the same challenges at the same time. The people who are in the most poverty are least able to insulate their home. This issue is really important to them, and this measure is another example of this Government supporting the most vulnerable.
My hon. Friend is right. The warm homes plan will help those who are in fuel poverty the most. We are talking about up to £500 for a combination of insulation and solar and battery installation. Closing the gap between electricity and gas prices, which is what the money off bills will partly do, will make it more attractive for people to switch to electric heating, be it heat pumps or other forms of electric heating. That will all help with our climate commitments and bring down bills at the same time.
The Budget books contain a section on energy security. There is recognition in the Budget that secure, clean and cheaper energy is central to sustainable economic growth, but it is also essential for our energy security. The threat from Putin is becoming increasingly clear; it will become greater than it is in Ukraine. Submarine drones will target tankers delivering oil and liquified natural gas. That is a very significant threat. We have already seen the threat to pipelines. Tankers come from all over the world, and they are very vulnerable. We see in the strait of Hormuz what the Houthis are able to do. Just imagine how much bigger the threat is from Russia. The answer to that must be to diversify as far as possible. That is why Ukraine is moving away from oil and gas as much as it can, and towards low-carbon alternatives.
Lizzi Collinge
On energy security and ensuring a diverse range of clean energy sources, does my hon. Friend welcome, as I do, the Government’s commitment to responding to the nuclear regulatory review within three months, so that we can change the way that nuclear is regulated and ensure that it is kept safe and up to date, and can get building new nuclear?
My hon. Friend is right. The Energy Security and Net Zero Committee looks forward to hearing what John Fingleton has to say, and to the Government’s response to him. Regulatory reform is key. We have to speed up planning and grid connections, which are referred to in the Budget, in order to address the very serious shortfall in grid capacity, and the delays in grid connection. We could probably say the same about generating capacity, too.
This country has faced 60 years of lack of investment in our grid networks. The problem was exacerbated when the grid was privatised in 1989, despite the warnings of the then shadow Energy Secretary, Tony Blair, who predicted, entirely accurately, that although the grid was of strategic national importance, it was a natural monopoly and really would not attract the private investment that the Conservative Government claimed it would. We are left trying to catch up. That is one of the reasons—along with delays in renewing our gas fleet, let alone moving to new nuclear and renewables—why we have spent so much money on our energy system, and why bill payers are under so much pressure. It is important to say that we would have these cost pressures regardless of whether we looked to invest in fossil fuels or renewables.
I very much welcome the recommitment to the £14.2 billion from the public sector for Sizewell C. That will ensure its success. The Committee wants a fleet approach to large-scale nuclear. There has been very welcome news on a small modular reactor at Wylfa, which will deliver 3,000 jobs. Sizewell C ultimately means that 6 million homes will be powered by cheap, clean electricity.
The ongoing investment in the North sea, referred to in the Budget, has been confirmed by the North sea future plan, published this afternoon by the Department for Energy Security and Net Zero. There is strong recognition that we must support North sea oil and gas production, and a strong commitment to doing so. That will be crucial to our energy supply for decades to come, but also crucial to the energy transition, because the same companies who drill for and produce oil and gas provide the engineering expertise in the North sea for offshore wind. I was pleased to see the call for evidence on the fuel sector and refineries, too.
This Budget is no return to ABT. Instead, we have trade deals with the EU, India and the US. We have rejected the Truss approach, so fondly supported by Reform and the Conservatives, and instead we want to support reductions in the cost of living, investment in infrastructure, skills and business, and rebuilding the public sector. As the Chancellor said, we want strong foundations and a secure future. She did really well today.
Forgive me; I am going to make a little progress.
That is not all of it. This Budget looked hard at fixing the very real political problems faced by the Chancellor and the Prime Minister today, admittedly, but it also looked hard at how they can simply inflate the balloon today; there was nothing about tomorrow. We can see that in the way that farmers are being taxed; it is deliberately punishing investment. We can see it in the investment figures; despite the hon. Member for Sefton Central (Bill Esterson) claiming that there has been investment in this country, the investment figures in the UK per capita show a 4% increase. Okay, that is an increase, but the figure is 22% in Canada and 79% in the United States. This is not real growth or serious investment. Sadly, we see the knock-on effects. The right hon. Member for Birmingham Hodge Hill and Solihull North (Liam Byrne), the Chair of the Business and Trade Committee, said that there was investment in start-ups. Well, I wish there was, but all the decisions made by this Government have convinced anybody with any entrepreneurial spirit to go either to Abu Dhabi, where they are filming some new version of “Auf Wiedersehen, Pet” with British workers who have fled this country, or to the United States, which at least has the capital to invest in start-ups.
All we see is a continuation of the Blair-Brown model of increasing nationalisation of savings—that creeping control that we see spreading over pensions and the insurance market. It has left 60% of our savings in bonds, and only about 40% in equities, which contrasts remarkably with Australia, Canada and the United States, which have 20% in bonds and 80% in equities.
I am grateful to the right hon. Member for quoting me, but when backing Liz Truss to be leader of the Tory party he said:
“I have no doubt that we will move with determination to make this country safer and more secure.”
Does that not rather undermine any claim of credibility he makes?
I will tell the hon. Member the honest truth: Liz Truss was wrong, and I made a mistake. That is the reality; that is what happened. But here is the difference: it is true that what she did put pressure on the economy, but this Chancellor has increased debt to the highest-ever levels and the cost of borrowing to the highest in the G7.
(2 years, 4 months ago)
Commons ChamberMy hon. Friend is entirely right. I was recently in Mozambique, where they had managed to cut malaria infection by 50%, but we saw that climate change is now leading to its increasing again. We will do everything we can to make sure that what had previously been a successful policy of malaria eradication gets back on track as soon as possible.
As I have said, we continue to work on our sanctions policy to ensure that we get to grips with any potential circumventions, but it would not be appropriate for me to announce any future plans yet.
(2 years, 5 months ago)
Commons ChamberWhile the negotiations are between the UK and Mauritius, we are very conscious of the Chagossian communities and will keep them in the forefront of our minds throughout this negotiating process. Our primary objective is to ensure the continued effective operation of our defence facility on Diego Garcia.
The US and UK Governments do more together than any other two Governments in the world. We have a trading relationship worth £280 billion, and last week the Prime Minister was in Washington when he and President Biden signed the Atlantic declaration, a first-of-its-kind economic partnership.
The Inflation Reduction Act is attracting investment from the UK to the US, as industry groups across our economy are saying. Does the Minister agree that the refusal to publish an industrial strategy shows there will be no made in Britain plan in response to President Biden’s made in America agenda while this Conservative Government remain in office?
Well, that is an interesting question, to which I say that we have a very clear economic strategy, and the Atlantic declaration is a very important element in strengthening our partnership with the US. The beginning of the negotiations on critical minerals will make sure UK companies are eligible for tax credits under the US Inflation Reduction Act; this is a hugely important and positive step forward.
(2 years, 8 months ago)
Commons ChamberThe abduction, forcible deportation and—to all intents and purposes—kidnapping of Ukrainian children is a terrible and perverse act. I assure my hon. Friend and the House that we will not rest until the people who are involved in that are held to account. She will know that we do not routinely discuss future sanctions designations, but I can assure her that, with our international partners, we look very closely at that terrible state of affairs.
There was a lively debate on this in Westminster Hall last week. I can confirm that our sanctions regimes are under constant review, and our enforcement activity at His Majesty’s Revenue and Customs in particular will be focused on these issues.
(3 years, 8 months ago)
Commons ChamberThe Foreign Secretary gave us the figure for the number of Ukrainian refugees who have been approved to come to the UK, but she did not give us the figure for the number of refugees who have arrived here. Is that because she does not know that figure? Perhaps she can tell us why she is giving us one figure but not the other. Is not the logic of what she said about the need for changes to the Homes for Ukraine scheme that the Government should introduce a humanitarian visa so that people can come here without all the bureaucracy and the difficulties we have heard about from hon. Members this afternoon?
The number I quoted is a Home Office number, and I am happy to ask the Home Office to give the hon. Gentleman further details.
(4 years, 4 months ago)
Commons ChamberMy right hon. Friend the Foreign Secretary raised this very issue with his Israeli counterpart, I have raised it with the Israeli ambassador, and we have consistently called for sensitivity in the security arrangements around the most holy sites in Jerusalem. We continue to call for a permanent ceasefire, and we will continue to work with all parties, both in the west bank and in Israel, to pursue that aim.
We scrutinise very carefully any allegations—the hon. Gentleman has called them allegations—of human rights abuses. I can tell him about the supply of rubber gloves from Malaysia. At the peak of the pandemic, when we were seeking personal protective equipment for our NHS staff on the frontline, in care homes, we of course looked at all possible suppliers, including Malaysia, which is one of the biggest global suppliers of rubber gloves.
(5 years, 2 months ago)
Commons ChamberThe CDC has spent £680 million on fossil-fuel projects since 2010, according to CAFOD. The Secretary of State is fond of telling us that he is all about show, not tell. Will he show us by ending this hidden support for fossil fuels, which only adds to carbon emissions around the world, and end the mockery that is the Government’s pretence that they are taking meaningful action to combat the climate emergency?
The example that the hon. Gentleman cites is an historic one. We will make sure that it cannot be repeated or replicated in future.
(5 years, 8 months ago)
Commons ChamberIn relation to Spain, where we have probably one of the largest numbers of UK nationals travelling and resident abroad, my hon. Friend will know that all sorts of domestic restrictions have been put in place, as has been the case across Europe. There are also restrictions on travel in and out, and indeed there was an announcement that it would close the hotels, which was due to take effect today. I have spoken to the Spanish Foreign Minister to make it clear that, as we pursue that effort with the commercial airlines to get the Brits back—that will take some time, because of the volume—no British national should be kicked out of their hotel as a result of the new regulatory restrictions being put in place.
My 78-year-old constituent David Keating is stranded in Brazil with his wife and daughter. He has an underlying heart problem and requires medication, and he has only nine days’ medication left. He has had four flights cancelled already. The consulate is telling him that other European countries are arranging flights for their citizens. Please will the Secretary of State intervene with other European countries to help him and his family get home?
I will check, but it does not seem to me to be correct that others are pursuing options that we have just sat on our hands and avoided. That is not the approach. I can tell the hon. Member that, in relation to Peru, we will be the first of the European countries to have a flight coming home, on the current projection. In relation to Brazil, of course we will be working actively, as we are in all the South American countries where we are particularly concerned about the restrictions put in place, to get British nationals—including his vulnerable constituent, who I understand has a particular medical condition—back home as soon as possible.
(6 years, 8 months ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
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No. Of course I stand by the “Explanation of vote” given by colleagues in Geneva, which drew attention to the serious nature of the matters raised by the commission report but also dealt with its glaring omission, which was in relation to Hamas, whose responsibility is known by those in the region and which is excluded from inquiry or investigation or accountability into anything it does. We set it all in the context of explaining our concerns about the disproportionate use of live fire and the other things I have mentioned that we will continue to raise with the state of Israel, but until there is an end to Hamas’s commitment to exterminate the state of Israel, to the violent rhetoric that goes with that, and to the placing of people in vulnerable positions, it does bear part of the responsibility for what has happened.
I agree that the role of Hamas should have been part of the investigation, but by abstaining, have not the Government undermined what the Minister said, and what was in the article yesterday, including about the fact that the demonstration and its organisers were legitimate and that the use of live fire and excessive force were inexcusable?
I appreciate the hon. Gentleman’s comments, but no, my remarks were not intended to convey that. I have explained why, procedurally, we believe that it was right to abstain in relation to a report that was bound to be flawed from the word go. We were not alone: eight states voted against the report, 23 states voted in favour of it and 15 abstained. I think this proves the point that it is important for the Human Rights Council to act in a manner that all its members will be able to support. This report, from the outset, did not do that. Accordingly, we are having an argument over the terms of the report instead of doing what we should do, and what everyone in the House wants to do, which is to concentrate on how the deaths and injuries came about and, above all, on what we can do to stop them. That requires a balanced understanding, not something that is inherently flawed by being one-sided from the beginning.
(8 years, 9 months ago)
Commons Chamber
The Secretary of State for Foreign and Commonwealth Affairs (Boris Johnson)
I met Rex Tillerson in Bonn last Thursday and Friday. We had some very good conversations, and I am sure we will have many more meetings in the weeks and months ahead to entrench and deepen a relationship that has been part of the foundation of global peace and prosperity for the past 70 years.
Boris Johnson
The hon. Lady asks a good question. Obviously, on some things we will differ from our American friends—we have just had an example of that—but on some areas we will perhaps wish to stiffen the spines of our European friends. I can think of issues such as sanctions over Ukraine, on which some EU members are not in quite the same space as we are. As would be expected, the policy of the United Kingdom would be to stick up for UK interests and values and—if I can use a bit of jargon—to triangulate dynamically between the two.
On standing up for British interests, Mr Trump’s track record suggests that any deals he agrees to are likely to be to our disadvantage. What will the Foreign Secretary do to ensure that British businesses benefit from any deals with the United States, not just American ones?
Boris Johnson
If I may say so, it is important to be clear-eyed about American power and success in negotiating trade agreements and to recognise that we will have to be on our mettle to get a good deal for this country. Nevertheless, I have absolutely no doubt that we will be able to do such a deal. It is a great shame that in 44 years of EU membership we have not been able to secure a free trade deal with the United States. That is now on the table.