Sanctions

Debate between Bob Seely and Robert Jenrick
Tuesday 1st March 2022

(2 years, 2 months ago)

Commons Chamber
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Robert Jenrick Portrait Robert Jenrick (Newark) (Con)
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As I am speaking at a late stage in the debate, much of what needed to be said has already been said, so I will not repeat any of it. Let me instead make three brief points.

First, what really matter now are those things that have a systemic impact on the Russian economy and on Vladimir Putin’s ability to finance the war in which he is engaged in Ukraine. We must be careful, as a House, not to fail to see the wood for the trees and go down the rabbit hole of interest in individuals and oligarchs. That is of course important, and I will return to it in my second point, but it will not make a material difference in the short term. Many of those individuals are not close to Vladimir Putin today. Many of them left Russia or are dual nationals. The situation is highly complex. I will return to that in a moment, but what really matter, and will make a serious impact, are the measures that have, broadly speaking, been put in place over the last few days.

Like a number of Members on both sides of the House, I was disappointed that, when we had a debate on this subject towards the end of last week, the initial package of measures was very limited indeed, but now we find ourselves in a position where the UK, broadly in concert with our allies, has brought forward significant measures. For some time I advocated the move on SWIFT, and we were told that that was unlikely to happen. It has happened, and I am pleased that the UK played a significant part in advocating it, although I find it disappointing that it has been done in a partial manner. I wish that we could move to a point at which SWIFT is turned off from Russia more substantially, if not in its entirety, and I suspect that that is the UK Government’s ambition, but it is being held back by some others, particularly European allies, who rely on it to remit payments for oil and gas to Russian entities.

I think the sanctions that were put in place against the Russian central bank were by far the most significant that we have imposed as an international community, because part of the effort put in by Vladimir Putin over the last two or three years was to build up £600 billion of foreign currency reserves. The fact that half of that is based overseas, in foreign banks and foreign central banks, is extremely important and material, if we can truly freeze those assets and prevent the Putin regime from accessing them. I warmly support those changes and hope that they are effective; we will all have to follow events to see whether they really are in practice.

I am still not certain why the UK has not sanctioned all the major Russian banks. There are still some that we have not sanctioned, and I should like to hear a good answer to the question of why that is. There may be an answer, but I do not see it. There are vested interests across Europe; for example, some major banks in Russia are owned by SocGen—Société Générale, the French bank—so it is quite clear to me why the French Government would not want to sanction that particular bank, but I cannot see a good reason why the UK Government would not want now to sanction all the Russian banks, which is something that we could do quite quickly. I should be grateful if the Minister could, on this occasion or in future, make it clear why we are not doing it.

When it comes to individuals, as I have said, I am sceptical about the impact of this in the short term. The term “oligarch” is bandied around, and there is a spectrum of those individuals, from people who are clearly gangsters to people who made money out of Russia in a way that none of us would regard as legitimate, but who are now quite distanced from the Putin regime. It will make very little difference in some cases, and in fact I suspect that Vladimir Putin will find it highly amusing and satisfying to see those individuals being punished.

Bob Seely Portrait Bob Seely
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My right hon. Friend is making an excellent speech. I fully understand that he is separating the institutional from the personal. The term “oligarch” is bandied about far too much, but does he accept that while the institutional stuff will hurt the Russian state, by targeting those people who remain close to Putin, we will then target him, especially if they remain the oligarchic facilitators of some of his overseas policy, which is effectively a parallel Kremlin policy to the official state?

Robert Jenrick Portrait Robert Jenrick
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I do, and I completely understand what my hon. Friend is saying. The point I am trying to make is that we must not spend all our efforts on the individuals, although most of us would like to see those individuals punished in some way or form, and that the most important thing is to target the things that will have a real and major impact on Putin’s ability to finance his campaign in Ukraine. On the individuals, there is a distinction—as my hon. Friend has just said—between those individuals who we know through our intelligence to be directly involved in the Putin regime today and others who may have drifted away, and we should order in priority those individuals that we take action against.

My second point is that the regime we have in place for targeting individuals is clearly not fit for purpose. We were told that there was a hit list of oligarchs and that we would be taking action against them, yet days have passed and very few if any further individuals have been put on that list of sanctions. That leads me to believe that the legal bar that we have to reach before sanctioning those individuals is too high and that the group of officials doing that work is either insufficiently resourced or we do not have the right people. That is no disrespect to those officials, but we need to be able to sanction these individuals faster than we are doing today; otherwise, our rhetoric simply will not match up with reality. I am afraid that that is the situation today.

Anyone listening to the rhetoric would say that it is very strong, but the action is fairly weak. I would like to hear from the Minister what more we can do to help him and the Government to get those individuals sanctioned. As I say, it feels to me that that means more resources for the team providing the legal basis, and a lower legal test in order to sanction the individuals. If that requires changes to the legislation, let us bring them forward to the House, because there is clearly cross-party agreement on this.

My third point is that a large number of British businesses are going to be affected by the sanctions, the overwhelming majority of which are perfectly legitimate individuals and businesses in our own constituencies. I would like to see the Government bring forward some simple plain-English guidance for those businesses as quickly as possible. It is not available today. If we look online, we can see that there is not much guidance at all, and the guidance that is available is quite complex. If we are going to ask businesses, including small ones, to abide by these rules and regulations, the Government need urgently to bring forward some plain-English guidance for them.

Linked to that is the point I made during the urgent question earlier in the week, which was that in order to address a small number of seriously bad apples, we must not do anything that hurts legitimate small businesses and entrepreneurs in this country. The issue I am most concerned about there is the reforms to Companies House in the White Paper. It is a great thing in this country that for £12 someone can incorporate a company and get their certificate of incorporation within 24 hours. With that comes a serious concern about nefarious intent from those individuals who are not legitimate businesses, but before we legislate for that, I want proper reassurances from the Government that legitimate businesses will not be hurt. I do not want to live in a country where that £12 becomes £500 or where 24 hours becomes four weeks, because we all know other jurisdictions around the world, including in Europe—France is an example—where it is much more complicated and time-consuming to incorporate a business and operate it legitimately.

Affordable and Safe Housing for All

Debate between Bob Seely and Robert Jenrick
Tuesday 18th May 2021

(2 years, 11 months ago)

Commons Chamber
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Robert Jenrick Portrait Robert Jenrick
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The hon. Gentleman makes an important point, and many of the policies we are pursuing are UK-wide. They include, for example, the mortgage guarantee that is enabling young people to get on the housing ladder with 95% mortgages, which will benefit his constituents as much as it will benefit mine. Through these schemes—such as the 95% mortgages, our reformed and more consumer-friendly model of shared ownership, and the Help to Buy equity loan—we are helping more people on to the ladder. As we heard from my hon. Friend the Member for Thirsk and Malton (Kevin Hollinrake), the First homes scheme will ensure that there are 30% discounts for first-time buyers, those on low incomes and key workers such as our NHS and social care workers, veterans and young police officers to get the keys to their own property.

Bob Seely Portrait Bob Seely (Isle of Wight) (Con)
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We all want to see more affordable homes, and we badly need them on the Isle of Wight. Why are we not doing more to free up the 1 million homes—planning applications for properties—that have been landbanked by developers? This is a massively quick win. What can we do about it?

Robert Jenrick Portrait Robert Jenrick
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I will come to that point in a moment, if I may, because the good news is that the planning reform Bill does that as well. We are not divided on this issue; we are united. We want a better planning system, and we want planning applications that are granted to be built out as quickly as possible. The Bill will achieve both of those objectives.

But again, just as no reasonable person could contest the fact that we need to build more homes, no reasonable person could argue that we are going to achieve those aspirations through the demand-side interventions that this Government have been pursuing alone. However significant those are—even though we have now given the keys to the 300,000th property purchased under Help to Buy—and however beneficial those schemes are to people across the country, we also need to tackle the supply side of this challenge, and we are doing that.

Last year alone, more homes were delivered—244,000—than in any year in my lifetime. Were it not for the pandemic, more would have been delivered than at any time since Harold Macmillan stood at this Dispatch Box as Housing Secretary. To put these numbers into perspective, under the last Labour Government, in one year work began on just 95,000 homes—the lowest peacetime level since the 1920s. Behind these numbers and targets, the millions of ordinary working people trying to achieve their dream of getting on the property ladder are being frustrated.

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Robert Jenrick Portrait Robert Jenrick
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My hon. Friend touches on the litmus test for our reforms. Each and every one of our reforms must help small and medium-sized builders to prosper, so that small builders in every one of our constituencies, local entrepreneurs and the people who depend on them, from plumbers to brickies, benefit from the reforms, creating a more diverse and competitive industry. Everyone can be assured that it is in their interests that we are working day and night in my Department, not for the big volume housebuilders. They have the money to navigate the current system; they hire the best QCs and consultants; they love the current planning system. It is the little guy whose side we are on and that is why we are committed to reforming the system.

Bob Seely Portrait Bob Seely
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I thank the Secretary of State for giving way again. We all agree on the principles. My worry is that by saying we have to scrap the current system, we simply create a whole host of new problems. By reforming the system and improving it, which does need to be done, we have a much better chance of the Government achieving their goals, rather than a big bang with all the unforeseen consequences.

Robert Jenrick Portrait Robert Jenrick
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My hon. Friend has not seen the Bill yet. When he does, I hope he will be reassured and converted into an enthusiastic supporter of it. He and I are going to meet in the coming days, and I hope I will be able to reassure him that this is not about casting aside the good, but about reforming and building on it so that we can have the planning system we all deserve.

The principles behind our planning reform are simple. This will be good news for smaller developers, and everything that we do is designed to assist them. It will move the last paper-based system into the digital age, with interactive maps at our fingertips. It will get more local people—more than the 3% who currently engage with plan making—actively engaged and interested in what a local plan is. It will return planning to the social and moral mission that it began as, inspiring plans for the future of a local area, not simply paper-pushing and development management.

Provisional Local Government Finance Settlement

Debate between Bob Seely and Robert Jenrick
Thursday 17th December 2020

(3 years, 4 months ago)

Commons Chamber
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Robert Jenrick Portrait Robert Jenrick
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I thank the Chair of the Select Committee for all his work and that of his Committee over the year. He is right to say that the figures we quote of an up to 4.5% real-terms cash increase in core spending power are dependent on the choices that local councils make in the weeks and months ahead, but one would expect that; local councils and the local democratic process will have to balance up the competing interests of providing public services and ensuring that hard-working people are not facing excessive increases in local council tax, and those will be different judgments in different parts of the country.

I will of course keep the covid costs being incurred by local councils under review. We have made good on our promises time and again since the start of the pandemic. Early in the pandemic, the Local Government Association came before the hon. Gentleman’s Committee and estimated that costs incurred by local councils would be around £10 billion. We are going to end this financial year having provided local councils with, I suspect, about £10 billion, and we are providing further billions of pounds into next year. So we can see the Government’s commitment and determination to support local councils.

Bob Seely Portrait Bob Seely (Isle of Wight) (Con) [V]
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First, I wish to thank the Minister for his decision on the housing algorithm, the statement today, and the very significant work that he, his Ministers, the Department and indeed the Isle of Wight Council has done during the pandemic, which has been vital. In the fair funding review, the Government for the first time recognised the additional cost of providing public services on the Isle of Wight— in effect, they recognised the Island as an island, and I am grateful for that. For understandable reasons, due to the covid pandemic, the review was put on hold. Does he accept that this delay has prevented Isle of Wight Council, despite its undoubted best efforts, from supporting Islanders to the same extent that mainland councils can support their residents? Finally, will he meet me and my local council to discuss funding these additional costs, as part of a consultation process and prior to the local government financial settlement for 2021-22?

Robert Jenrick Portrait Robert Jenrick
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I would be happy to meet my hon. Friend and the leader of his local council, as would, I am sure, the Minister for Regional Growth and Local Government, my hon. Friend the Member for Thornbury and Yate (Luke Hall). I do not agree that the Isle of Wight has lacked the resources to respond to the pandemic; from what I have seen it has done a sterling job. The Isle of Wight has had significant amounts of additional support, and total covid-19 funding for the council so far has been £20.3 million. We have also provided support for the local business community amounting to £48 million, which has been brilliantly dispensed by my hon. Friend’s local council, supporting 4,500 small and medium-sized businesses on the Isle of Wight. I am pleased that my hon. Friend supports yesterday’s announcement on the local housing need question and that he will get on and build more homes on the Isle of Wight in the years ahead.

Grenfell Tower Inquiry: Phase 1 Report

Debate between Bob Seely and Robert Jenrick
Tuesday 21st January 2020

(4 years, 3 months ago)

Commons Chamber
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Robert Jenrick Portrait Robert Jenrick
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If I could perhaps make some progress, I will come to the points around building safety in a moment and return to the hon. Member for Manchester Central (Lucy Powell).

As I have said, getting this right will be a priority for the Government, for the Prime Minister and for myself. We will be introducing two Bills: one to deal with the immediate fire safety issues that we have identified, and another that will bring in the biggest change to building regulations in almost 40 years. Having met families of the bereaved and survivors, some of whom join us in the Gallery today, I remain acutely aware of our responsibility to ensure that they continue to receive the support they need and to see the change that they rightly demand. They have shown incredible resilience and acted not just with great dignity but with great courage. Their voices are being heard, and they must continue to be. On 30 October last year I stood in the House with the Prime Minister following the publication of the Grenfell inquiry’s phase 1 report, which covered the events of the night. Our immediate response was to accept in principle all the findings of the report that relate to the Government. Since then, we have worked at pace to deliver the Government’s response, which I am setting out today.

Sir Martin’s report provides a detailed, minute-by-minute account of what happened on the evening of 14 June 2017. It is built around the testimony of survivors and of the fire and rescue team involved in the response. The report made very important recommendations, including new duties for building owners; operational changes for the London Fire Brigade and, indeed, for fire and rescue services more widely, as well as for emergency services across the country; and addressing the continued presence of unsafe cladding on buildings.

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Robert Jenrick Portrait Robert Jenrick
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My right hon. Friend makes a series of extremely important points. Those issues have been brought to the attention of all the emergency services; they are now working through them. The Home Office is helping to co-ordinate that work and, like her, I hope that those lessons are learned as quickly as possible so that if we are ever presented with a tragedy on this scale again all the emergency services can work together as one, in a co-ordinated way.

Fire and rescue services need urgently to address these issues and must set out their plans to do so. There have been some welcome developments, including, for example, that the London Fire Brigade now carries smoke hoods on its fire engines; that five pumps and a drone, rather than four pumps, are now deployed to fires in high-rise buildings; and that the London Fire Brigade has already taken steps to ensure that personnel understand the risk of fire taking hold in external wall systems. My hon. Friend the Minister for Crime, Policing and the Fire Service will address the House at the end of the debate on the work he is doing with the sector.

The work I have outlined shows the urgency with which we are addressing Sir Martin’s recommendations. The Government did not wait for the phase 1 report to begin addressing the most pressing building safety issues. We took immediate action in the aftermath of the fire with a comprehensive and independent review of building safety, chaired by Dame Judith Hackitt.

Bob Seely Portrait Bob Seely
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It seems to me that ACM cladding, which my right hon. Friend addressed earlier, goes to the heart of the matter. How many high-rise buildings with unsafe ACM cladding have been identified and have had remedial treatment? How many others does he think still have to be identified, and what steps is he taking to do so?