Oral Answers to Questions
Debate between Bim Afolami and Jacob Rees-Mogg(7 months, 2 weeks ago)
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Sir Jacob Rees-Mogg (North East Somerset) (Con)
The Bank of England has said that quantitative tightening is not an official part of its monetary policy targeting, yet it is at risk of costing, fiscally, £179 billion in losses underwritten by the Treasury. That is having a major effect on the fiscal situation of the country. Will His Majesty’s Government encourage the Bank of England to hold these bonds to maturity, taking the carry cost rather than taking the hit from selling them in the market and crystallising an enormous loss?
Bim Afolami
In relation to the asset purchase facility and how that has worked over recent years, it is not His Majesty’s Government’s—or indeed the Treasury’s—intention to change the way in which that works with the Bank of England, but as with all measures, the Chancellor keeps everything under close review.
UK Economy
Debate between Bim Afolami and Jacob Rees-Mogg(10 months ago)
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Sir Jacob Rees-Mogg (North East Somerset) (Con)
May I thank my hon. Friend for his distinguished service as a voice of His Majesty’s Government? I refer him to what the former chief economist of the Bank of England, Andrew Haldane, said today, referring to a “double blow” to the credibility of the Bank of England, which was late to put interest rates up and missed inflation, and has been slow to reduce them, hammering the economy. Does my hon. Friend agree that the Bank of England is no longer showing itself to be competent and that its independence must be questioned?
Bim Afolami
I do not think that I will quite agree with my right hon. Friend. It is very important that we leave the Bank of England to do its work and respect its independent mandate, but that, from the Treasury, we do what we can to bring inflation down and support it in that mandate. As I said, the Labour party’s plans—whether it claims to have dropped them or not—will lead to an increase in borrowing or an increase in taxes, which will significantly damage that aim.
Business of the House
Debate between Bim Afolami and Jacob Rees-Mogg(3 years, 3 months ago)
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Mr Rees-Mogg
In the cheerfulness and bonhomie that the hon. Gentleman brings to this House, he is competing with Countess Mona Lott herself. If that is the battle for ideas, they are ideas of gloom, doom and lugubriousness that I think are not particularly welcome in this House.
As regards face masks, the policy is extremely straightforward: face coverings are not mandatory for Members in the House of Commons Chamber, voting Lobbies, the Members’ Lobby and Westminster Hall. The advice of Her Majesty’s Government on face coverings is that they are not required by law in the workplace. The Government removed the legal requirement to wear face coverings in public places in indoor spaces. If someone is in a crowded indoor space where they come into contact with people they do not normally meet, wearing a face covering can help to reduce the spread of covid.
Is it not interesting that the hon. Gentleman—and perhaps this applies to the nationalists generally—does not normally meet other MPs? Perhaps that is because they are not very assiduous in their attendance in the House of Commons, but Members on my side of the House, who are rigorous and regular attendants, meet one another regularly and therefore are completely in accordance with the guidance of Her Majesty’s Government. Is it not a pity that some people do not like to come to Parliament? If they came a bit more, worked a bit harder and put their elbow to the grindstone, or wherever one puts one’s elbow—if they put their elbow to the wheel—they might not need to wear face coverings either, because they would meet Members of Parliament more regularly.
Bim Afolami (Hitchin and Harpenden) (Con)
First, in Hitchin and Harpenden, we are fortunate to benefit from beautiful countryside, including parts of the Chilterns area of outstanding natural beauty. Will the Leader of the House confirm what mechanisms are in place to enable me to secure the extension of the area of outstanding natural beauty towards Hitchin?
Secondly, there are many good house builders in this country, but there are some poor ones. Will the Leader of the House consider providing time for a debate on how to deal with poor house builders—such as Crest Nicholson, which is badly mistreating leaseholders at Allwoods Place in Hitchin in my constituency—that mistreat leaseholders?
Mr Rees-Mogg
I am glad to say that legislation is coming forward that will deal with the issue of poor house builders and set up an ombudsman who will have the ability to ensure that house builders are held to account. People have the right to expect that a new build house is built to a proper standard. As constituency MPs, we have all dealt with house builders that have let constituents down and been relatively unaccountable and unhelpful in their approach to residents with genuine complaints.
As regards the natural beauty of my hon. Friend’s constituency, part of North East Somerset is in an area of outstanding natural beauty; I do not really mind about these bureaucratic definitions because the truth is that the whole of North East Somerset is stunningly beautiful. It is one of the most beautiful parts of not only our great country but anywhere in the world. The hon. Member for Bath (Wera Hobhouse) is sitting in her usual place, and I include Bath in that description—the whole of Bath and North East Somerset. We can view our areas as being of the greatest natural beauty without necessarily having a bureaucrat telling us so.
Business of the House
Debate between Bim Afolami and Jacob Rees-Mogg(4 years ago)
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Mr Rees-Mogg
The hon. Lady rightly raises the issue of Arcadia and the distress there must be for the people employed there, particularly as we are coming up to Christmas, who will be potentially losing their jobs. It is a horrible event for them. One has heard of people who have worked for those stores for many, many years who will be losing their jobs and that is very difficult. It is important that we understand the effects of this issue. There is a debate next week on the high street, which will be an opportunity to raise these issues on the competition between the high street and online retailers.
Bim Afolami (Hitchin and Harpenden) (Con)
In recent conversations, the Car Wash Association expressed to me its discomfort about the thousands of illegal car washes across the country. I wonder if the Leader of the House might advise on how best to progress that issue within Government. Secondly, in relation to the recent controversy at Eton College, I wonder whether the Leader of the House might use his good offices, through the usual channels and in discussion with Mr Speaker, to look favourably on a debate request that has been put in for Westminster Hall on the importance of freedom of expression? I wonder if he has any views on that matter.
Mr Rees-Mogg
Illegal car washes—that is an interesting subject. I am not quite sure how one can wash a car illegally, but there may be ways. As regards Eton, my and my hon. Friend’s old school, it would be wrong of me to interfere in, or express a view on, an internal disciplinary matter, other than to say that the panel will be chaired by Dr Andrew Gailey, who was probably there in both his time and mine, and who is a man of the utmost propriety and integrity. He is someone in whom I would personally have the fullest confidence. Freedom of speech as a general issue is one of the pillars of our constitution. I was very reassured that my noble Friend Lord Waldegrave of North Hill said that Eton would stand four-square in support of freedom of speech. That is something we should all encourage.
Business of the House
Debate between Bim Afolami and Jacob Rees-Mogg(4 years, 11 months ago)
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Mr Rees-Mogg
May I thank the hon. Lady for bringing this to the House’s attention and for seeking, in a traditional way, redress of grievance, which is absolutely what we are here to do? I will do whatever I can to facilitate a meeting with an appropriate Minister.
Bim Afolami (Hitchin and Harpenden) (Con)
Will my right hon. Friend please grant a debate on the procurement of NHS orthodontic services in this country, and indeed in Hertfordshire? A dental clinic in my constituency called Orthoclinic, which is a brilliant clinic, has had its contract unnecessarily, and completely without reason, taken away by the NHS. I believe that this is a very important issue and it is happening in other places in the country as well.
Mr Rees-Mogg
My hon. Friend raises a point that may or may not have wider resonance in the House; it is not an issue I have previously heard about. I would therefore suggest that he use the normal mechanisms for getting debates. If there turns out to be widespread concern, it is an issue that other Members will want to take up with the Health Secretary.