I agree. My hon. Friend has been dogged in her pursuit of that both in Committee and in tabling her amendments on Report, and I look forward to her contribution on that subject.
Will the Minister guarantee that privatisation will not dilute the bank’s green purposes, or must we just keep our fingers crossed? The Government still need to adequately answer questions that were not answered properly in Committee. Am I right that the legislative lock on the green purposes is being repealed purely to get the bank off the Government’s books? If that is the principal reason, is it a good enough reason to give up the statutory guarantee, given what I said about the technical nature of the accounting issue that the ONS raised?
Will the Minister indicate the Government’s view of the stake they expect to retain in the bank, if any, following privatisation? I understand that it is a market transaction, but we need an idea of the kind of return they expect from the sale. As was mentioned earlier, market conditions are so poor that the Chancellor had to abandon the sell-off of Lloyds shares, but we need to know whether they really expect a significant return from the privatisation, given all the pain associated with the process and the record of poor value for money for the taxpayer in previous privatisations. I do not expect her to be able to be precise, but she will want to avoid the criticism the Government encountered over the lack of value achieved previously, so will she gives us an idea of what she expects the Government to get from privatisation?
Is the Minister concerned that these matters will provide further uncertainty for low-carbon investors, at a time of real concern about the Government’s retreat from investment in wind power? We have learned over many years that making policy in haste is not wise—it is certainly not wise to privatise in haste—and we might well repent at leisure if this innovative and effective piece of public policy is lost as a result of a lack of care and a rush to privatise. That is no way to make sustainable policy, particularly in an area where we are trying to create a sustainable future for the country, which is why we have tabled new clause 4.
I am happy to be able to speak to my new clause 8, which I would like to press to a vote, but first I wish to associate myself with the shadow Minister’s case in favour of new clause 4, to which I have also put my name.
Essentially, the context of new clause 8 is my dismay at the Government’s determination to push through privatisation of the Green Investment Bank despite concerns expressed by the House of Lords, Members of this House, the Environmental Audit Committee and civil society. Through this and other actions, I fear that the Government have demonstrated that their desire to get the bank off their balance sheet is taking massive precedence over their interest in whether the bank is genuinely contributing to the green economy to the fullest extent possible.
(9 years ago)
Westminster HallWestminster Hall is an alternative Chamber for MPs to hold debates, named after the adjoining Westminster Hall.
Each debate is chaired by an MP from the Panel of Chairs, rather than the Speaker or Deputy Speaker. A Government Minister will give the final speech, and no votes may be called on the debate topic.
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Convention requires me to respond to the intervention from the hon. Member for Beverley and Holderness before I take one from the hon. Member for Brighton, Pavilion. All I will say is that there are very few people who take seriously that slogan of “the greenest Government ever”, not least given the recent retreats away from any kind of renewable investment and the turmoil that that is causing in renewable investment markets.
I am sorry that we are descending into partisanship, but as we are kind of there, I just point out that under this Government the amount of investment going into the green economy has dropped massively. We are now, in many league tables, out of it completely; we used to be in the top 10. Government Members need to take seriously the signals that they are giving to international investors. The signal that they are giving is that the UK is not a good place to put investment into green areas, and that is deeply worrying for economic as well as environmental reasons.
That is right. We have all read the reports about the confusion of the international community ahead of the Paris conference as to what the position of the UK is now, having been at the forefront, for more than a decade—under both the coalition Government and the previous Labour Government—of pressing forward on renewables.
(13 years, 9 months ago)
Westminster HallWestminster Hall is an alternative Chamber for MPs to hold debates, named after the adjoining Westminster Hall.
Each debate is chaired by an MP from the Panel of Chairs, rather than the Speaker or Deputy Speaker. A Government Minister will give the final speech, and no votes may be called on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
It is a pleasure to hold this debate under your chairmanship, Mr Benton, and I thank you for your guidance on how matters should proceed. No doubt that was appreciated by all hon. Members in keeping within the spirit of the debate. I am also grateful to the Backbench Business Committee for providing the opportunity for an initial debate on parliamentary modernisation and reform. I look forward to hearing about the experiences of other new Members, and to learning from those who have been MPs for longer.
This debate is part of a call for more open and efficient politics. If we do not continue visibly to modernise the way in which we work, I worry that the public will—rightly—fail to be convinced that politics has changed for the better. It is more vital than ever for Parliament to ensure that its work is efficient, transparent and accountable. Following my first six months in this place, those are not the first three words that come to mind as I consider the way we conduct ourselves.
Our political process is still struggling to regain its legitimacy and credibility in the eyes of the public. Following the expenses scandal, 232 new MPs entered Parliament in 2010. It is now time to shake off the image—and in some cases the reality—of the “old boys club” and move Westminster into the 21st century. I pay tribute to the extensive work that has already been done. In particular, the work of the Wright Committee led to important changes in the management of the business of the House, not least with the establishment of the Backbench Business Committee, which has allowed this debate to take place.
There is still a long way to go. Following the expenses scandal, public suspicion about the behaviour of MPs has not gone away, and many people seriously ask what exactly it is that MPs do. How does Parliament work on a day-to-day basis? How can we better scrutinise legislation and serve our constituents with maximum efficacy and efficiency? In years gone by, MPs were accused of being too Westminster focused and of not working enough in their constituencies. Now some suggest that the pendulum has swung in the other direction, and that some MPs spend too much time in their constituencies, and not enough time properly scrutinising the legislation for which they are responsible. Now is a good time to take stock of that, and discuss what the balance should be between time spent on constituency casework and scrutiny of legislation.
Our constituents want us to have the time to know what we are voting on and to hold the Government to account, but they also want us to deal with constituency work and to know about their concerns. How much time a week should MPs spend in understanding what they are voting on in Parliament, and how much time should they spend in their constituency? We will all hold different views on that. It strikes me that it might be interesting to see an official job description for the role of MP. That is not something I have ever seen, but if it existed it would be interesting, and people would probably have different views about the different clauses in it.
We all have our own views about the way that the procedures in this place could be improved, and I look forward to hearing from others during the debate. I have published some of my own ideas in a report entitled, “The case for parliamentary reform”, which I circulated to colleagues last November. Today, I make the same suggestion as in the report: the procedures and processes of the House of Commons are in urgent need of reform. That is hardly a new or novel observation. However, in a time of austerity when the rest of the country is urged to be more efficient with scarce resources, perhaps we should look at our own practices and at how efficient we are being with taxpayers’ resources in using our time in Parliament.
Some of the reforms in my report build on previous proposals by the Wright Committee and the now disbanded Select Committee on the Modernisation of the House of Commons. A few of the new proposals draw on experiences from other legislatures, while others were—I admit—rejected by previous Parliaments at a different time. However, that is no reason why a new Parliament in new circumstances should not examine those proposals again.
I have read the hon. Lady’s paper; it contains some interesting and good proposals. Past reforms covered the hours in which the House sits, which were changed in 2001-02. One of the proposals in her paper is to change sitting hours on a Tuesday, but that is distinctly un-family friendly for people who want to do the school run in London. At times, some of the proposals have the feel of being not so much family as London friendly.
The issue that the hon. Gentleman pinpoints is important. The perspective of family friendliness depends on where someone happens to sit, be that in London, the north or the south-west. However, the issue is broader than that; it is about what kind of symbol and signal we want this place to convey. I hope we want to give a signal that it is right for people to be able to work within set hours on a given day. People, including our staff, should be able to do that.
I will not intervene again after this remark. However, on some occasions, it was extremely difficult for hon. Members to see their staff before Wednesday afternoon, because there was no thinking, preparation or meeting time when a Committee meeting started before 9 am on a Tuesday. My researcher wanted to work a 2 pm to 10 pm shift, so that she could do her job properly when those hours were introduced. The House changed its mind and went back to the previous hours a year later.
The hon. Gentleman’s intervention indicates that changing the sitting hours alone is not enough. We must change what we do within those hours. I am sure that it is not beyond the wit of this Parliament to arrange our sitting hours so that people can do enough preparation for their Committees, and so that officials have time to prepare the speaker for urgent questions, or whatever. Do we want this House to set an example by working relatively family-friendly hours or not? If we do, other things will fall into place.