(10 years, 6 months ago)
Commons ChamberI am not going to give way.
It is no wonder people lose faith in politics when they know those things are happening and Parliament fails to act. If the House believes those things are wrong, we should do something about them. Responding to the concerns we have heard about work, family and community is the start the House needs to make to restore our reputation in the eyes of the public.
I am not giving way.
At the beginning of my speech, I said that there is a chasm between the needs and wishes of the people of this country and whether or not this House and politics are capable of responding. We need to rise to this challenge. This Queen’s Speech does not do that, but it can be done. That is the choice the country will face in less than a year’s time. This is what a different Queen’s Speech would have looked like: a “make work pay” Bill to reward hard work, a banking Bill to support small businesses, a community Bill to devolve power, an immigration Bill to stop workers being undercut, a consumers Bill—[Interruption.]
(11 years, 7 months ago)
Commons ChamberThis Government are borrowing more. Of course a temporary cut in VAT has a cost and would lead to a temporary rise in borrowing—[Interruption.] Let me say this: that would get growth moving in this country and would be much more likely to get the deficit down. That is the difference. The International Monetary Fund is in town, and what is it telling the Chancellor? It is saying, “Change course. Your plan is not working.” That is the reality.
I am glad that the hon. Member for North East Somerset (Jacob Rees-Mogg) intervened because I will come to his point later in my speech. He advocates not just a pact with UKIP but a coalition—Deputy Prime Minister Farage in place of the Liberal Democrat leader.
I will make a bit more progress.
Let us consider small businesses in this country. We all hear the same story as we go around the country—that banks make life harder for them, not easier. The Prime Minister promised change but things have got worse, not better. Small businesses do not need to be told that lending to business is falling month on month—they know it. It fell again by £4.8 billion in the three months to February, and no one listening today will be given hope that anything will be different now.
The cross-party Banking Commission called for a clear ultimatum to Britain’s banking system. It said, “Change the culture”—[Interruption.] The Chancellor is intervening from a sedentary position; just be patient. The Commission said, “Change the culture: deliver for business, or we will break high street from casino banking across the board.” It called for a clear answer, but what have we got? Another fudge from the Chancellor. The Government said that the all-party Banking Commission was the answer, but they have not even introduced its recommendations.
What did the Conservative chair of the Banking Commission say on 11 March? He said:
“the Government rejected a number of important recommendations. The commission has examined these again, alongside the Government’s explanations for rejecting them…We have concluded that the Government’s arguments are insubstantial.”
That is the Chancellor all over, and he is wrong on the banks. The Banking Bill also fails to deliver a regional banking system that will deliver for British businesses, not rip them off.
On living standards, we all met many people in this campaign who are struggling to get by. At least the Government now acknowledge that there is a living standards crisis in the country, but there is no real action to tackle that in the speech today. The Prime Minister promised change, but things have got worse, not better. The Government spent the local election campaign, and before, trying to tell people that they are better off. However, people are not better off; they are worse off and they know the reality—wages are down £1,700 since the election. One group, of course, is better off—the people sitting opposite on the Government Front Bench, owing to the millionaires’ tax cut. No wonder the right hon. Member for Haltemprice and Howden (Mr Davis) says that this Government—not my words, but his—look
“privileged and out of touch”.
He also says:
“Please, please no more old Etonian advisers.”
I think he is right; it is time for some diversity. Let us have someone from Harrow in the Cabinet as well.
When it comes to living standards, the Work and Pensions Secretary said that wealthy pensioners are meant to be handing back their winter fuel payments. I have a suggestion for the Prime Minister: why does he not set an example and hand back the tax cut he has given himself? It would be the big society in action. For everyone else, however, the speech has no answers—no action on train fares, no action on payday loans, and no action on private pension charges. People are worse off under the Tories.
(12 years, 7 months ago)
Commons ChamberOpposition Members should calm down: I will give way later.
What have the Government got to say about those issues? Absolutely nothing. The energy Bill has nothing to help people struggling to make ends meet. No legislation this year on water or on train fares—nothing to relieve the squeeze on ordinary families.
I, too, am concerned about utility bills—we are all concerned about utility bills—but let me remind the right hon. Gentleman that when he was Secretary of State for Energy and Climate Change he proposed the renewable heating initiative that would have put £193 on people’s bills. Why was that not in his alternative Queen’s Speech?
I will tell the hon. Gentleman what we did in government: we introduced the winter fuel allowance and took action on prepayment meters—far more than this Government have ever done.
Let us talk about those at the top of society, executive pay and multi-million pound bonuses—[Interruption.] It is very interesting that Conservative Members are groaning about that, because a few months ago, the Prime Minister said that he was outraged about crony capitalism. He told us that he was grossly offended by it and that it was not what he believed in. Such was his strength of feeling that in the entire Queen’s Speech, the issue did not merit a single mention.
I have a suggestion for the Prime Minister. He should accept the recommendation of the High Pay Commission to put an ordinary worker on the remuneration committee of every company in Britain. I say, “If you can’t look one of your employees in the eye to justify that you’re worth it, then you shouldn’t be getting the salary.” Come to think of it, why not start with the Government? I have the ideal candidate to be the employee on the board judging the Cabinet. She stands ready to serve—the hon. Member for Mid Bedfordshire (Nadine Dorries). Let us remind ourselves why she is so well qualified. She said:
“They are two arrogant posh boys who show no remorse, no contrition, and no passion to understand the lives of others.”
She is only saying what so many people are thinking: it is high time the shareholder spring came to the Conservative party.
On the economy, on living standards, and on executive pay—
(13 years, 5 months ago)
Commons ChamberI want to make some progress.
It is commonly agreed that we need a new system of regulation. Whether we call it self-regulation or independent regulation, which is a term the Prime Minister coined and that I like, in substance it is about ethics being overseen by an independent group of people who are not current editors, with investigatory powers so that the regulatory body cannot simply be lied to as the PCC says that it was and—this is an important point—with the power to enforce compensation and prominent redress. That point is really important. The standards of accuracy in our press will be much encouraged if there is prominence of apology and admission of error rather than their being buried on page 42, which is what happens.
The issue, which the Prime Minister touched on in his speech, goes beyond press regulation. Indeed, Government Members have asked me about this. Why did not more of us speak out earlier? The answer is what we all know and used to be afraid to say: News International was too powerful. It owned 40% of the newspaper market before the closure of the News of the World. It owns two thirds of the pay TV market through 39% of the Sky platform and Sky News. The Communications Act 2003 rightly stops an organisation holding an ITV licence and more than 20% of newspapers, but it does not apply to digital channels. One might say that it was an analogue Act in a digital age. The Act needs to be updated as such a concentration of power is unhealthy. If one thing comes out of what we have seen in the past two weeks and over many years, it must be that we understand the point about concentrations of power in our society because large concentrations of power are more likely to lead to abuses of power.
My concern is that we preserve the freedom of the press. The right hon. Gentleman mentioned News International specifically, but we know that Mirror Group and the Daily Mail were equally culpable according to the 2006 report. He talks about the media market, but we know that the BBC has a dominant position. His comments are beginning to look like he is conducting a vendetta against News International when we need to consider the media as a whole.
(13 years, 5 months ago)
Commons ChamberI am sure that that point will be considered, but what I say to the hon. Gentleman is that the abuses that we have seen are in our newspaper industry, and we want this inquiry to get on and concentrate on where there have been abuses. It will, of course, examine cross-media ownership, and I think it is right for it to do so.
This debate is also about the relationship between private power and the power of people, given voice by this Parliament. We need strong entrepreneurial businesses in this country, but we need them to show responsibility, and in these highly unusual circumstances it was right that Parliament intervened. The case was clear about why the stakes were so high in this bid—I will say something about that—about why the revelations of the recent past comprehensively undermine this bid, and about why the motion was necessary. I will deal with those points briefly.
The right hon. Gentleman talks about the “recent past”. As a new Member, I see that this goes back to 2003. We had deeply concerning reports from the Information Commissioner in 2006, so why was action not taken before 2010? Why was this not dealt with?
All of us accept our share of responsibility for not having spoken out more on these issues. The question is: what is to be done now? Is this House going to take action? Are we going to work together to deal with these issues?
Let me start by talking about why the stakes in this case were so high. News Corp was bidding for 100% control of BSkyB. This would have represented a major change for our public life in any circumstances, let alone those that we now face. It would have given News Corp unfettered control of one of the two largest broadcasters in Britain, as well as the 40% control of the newspaper market that it already owned. This was not some incidental change, but a major departure. The revelations of recent weeks went to the core of this bid. They suggest that people at News International have concealed and dissembled in an attempt to hide the truth about what had been done, including from this House of Commons.