(8 years, 6 months ago)
Commons ChamberI certainly agree with that. We should recognise that there are something like a million jobs in finance in Glasgow and Edinburgh—I think there are almost a million jobs in Manchester and Birmingham. The key point here is this: because we are in the single market, we have the right to passport—that is, to have a bank or a financial services company here in Britain that can trade throughout the EU. Leave the single market, and you lose that right. What would then have to happen is that companies based in the UK would have to move at least some of their jobs to another European country—that is why HSBC said the other day they would lose 1,000 jobs. So real jobs, real people’s salaries and real prosperity are under threat. We really need to explain this. It is complicated, but there is no doubt in my mind: leaving the single market for financial services would mean fewer jobs in Britain.
It was interesting to hear the Prime Minister use the word “divorce” in connection with some of the less than helpful comments from the Mayor of London. I think we are all now fully aware that hell hath no fury like a Bullingdon boy scorned. I will be voting to stay in the European Union, and I will help the Prime Minister to convince others. However, if he has had such a good deal, why is he struggling to convince so many in his own party?
Some people have very long-standing views about wanting to leave the EU. The point I was making about starting divorce proceedings on the basis of renewing the wedding vows is that that is what some people seem to be suggesting, not just the Mayor of London but others—that somehow starting the process of leaving will mean being offered a better deal to stay. I think that is just not the case. We could think about it like this: divorcing not just one person but 27 potentially unhappy partners. While I yield to no one in my belief that I can bring people back, I have seen multiple weddings take place but I have never seen multiple divorce negotiations resulting in a multiple wedding—that would be something!
(8 years, 7 months ago)
Commons ChamberAs I have said, the Infrastructure and Projects Authority will make a huge difference, transform the way infrastructure projects are done in our country and save taxpayers’ money, and it will do a number of other things as well.
12. What recent progress he has made on implementing the Government’s transparency agenda.
This morning we published further spending transparency data, which the Cabinet Office is committed to do as part of our agenda to be the most transparent Government ever.
I thank the Minister of transparency for that response, but does he not agree that it is very difficult for him to lead by example on the transparency agenda when his own Department is being investigated by the Information Commissioner for refusing to publish routine spending data?
It sounds like the hon. Lady wrote her supplementary question before she got the previous answer, because we published that information this morning. What is more, we are publishing Cabinet minutes at twice the pace that we ever saw under the previous Labour Government.
(8 years, 9 months ago)
Westminster HallWestminster Hall is an alternative Chamber for MPs to hold debates, named after the adjoining Westminster Hall.
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May I, too, congratulate my hon. Friend the Member for Bradford West (Naz Shah)? May I also say what a great pleasure it is to serve under your chairmanship, Mrs Moon?
Charities play a vital role in society, and they make a significant economic contribution. The sector generates gross value added of £12 billion per year. The economic value of UK volunteering is estimated at nearly £24 billion. However, given that approximately half of all charities depend on central or local government funding, they expect to be hit particularly hard by any budget reductions over the next five years. Charities will be looking closely at the spending review for details of where funding may become even more challenging. It goes without saying that public service cuts will have a significant knock-on effect on charities.
We have heard a lot about the Big Lottery Fund. To shed some light on the issue, let me add that it is one of 12 distributors of the national lottery’s good causes funding. However, there is a strong indication that Her Majesty’s Treasury is planning to reduce the Big Lottery Fund’s share of national lottery funding from 40% to about 25%. That, arguably, would mean the redirection of funding towards the arts and sports because of DCMS spending reductions. The reduction in the Big Lottery Fund would be £300 million a year. We all recognise the value of the arts, sport and heritage, but support for those causes should not be at the expense of community groups.
The move would hit smaller groups hardest, because 90% of BLF grants are smaller than £10,000. It would particularly affect community projects such as village halls, playgrounds and youth clubs, as well as targeted interventions where there are social problems. Examples are isolated older people, domestic violence and vulnerable children—I could go on, but I think I have made my point. As BLF funds are usually committed years in advance, an immediate reduction in the national lottery’s contribution to it could cause it to close its books to new funding applications for several years.
In my constituency a total of 251 projects have been funded, with a total value of nearly £4 million. In the whole of Swansea 993 projects have received funding, with a total value of £20 million. One of those is an organisation called Hands Up For Down’s, a parent-run group for children with Down’s syndrome and their parents and carers. It is based in Swansea and has been running since May 2014. It simply offers a support network to the parents of children with Down’s syndrome, as well as an opportunity for the youngsters to get together to play freely and socialise. Sian is the mum of Iolo, who uses the project, and she said:
“We are facing many challenges but with the support of Hands up for Downs and the Big Lottery Fund we don’t feel we need to do it alone”.
I hope that the Government will think about all the Iolos and Sians in the country, who benefit from the Big Lottery Fund, when they wield their axe and do whatever they intend to do that will affect voluntary sector funding.