(5 years, 11 months ago)
Commons ChamberI will give way in a moment.
The UK has an excellent economic success story to tell. Since a Conservative-led Government came to power in 2010, exports have grown by 38.1%, at around 6% per year, driven by an increase in services exports of 54.8%. We sold some £618 billion-worth of goods and services in 2017, up 10.9% on the previous year. New figures released last week by the Office for National Statistics revealed that exports of goods and services in the year to November 2018 were worth £630 billion, growing by £13.9 billion since the previous year. There have now been 32 consecutive months of exports growth.
As the UK considers future free trade agreements with the likes of the United States, Australia, New Zealand and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership countries, goods exports to those countries continued to boom. To the USA, they were up to £54.9 billion; to Australia, up to £5.1 billion; to New Zealand, up to £869 million; and to CPTPP countries, up to £28.4 billion. There was other notable goods exports growth to non-EU markets—up 29.2% to Nigeria, up 27.3% to India, and up 18.5% to Thailand. That news comes as London retained its position as the top tech investment destination in Europe earlier this week. According to PitchBook and London & Partners, the capital received £1.8 billion-worth of tech investment in 2018—more than Berlin and Paris combined. So much for the failure that would result from a vote to leave the European Union.
Is not the key prize of leaving the EU that this country will be able to do trade deals around the world? If we adopted the advice of the Labour party, which is not to leave the EU in any meaningful way, we would not be able to do any trade deals across the globe.
I will come to the specifics of the freedom to negotiate free trade agreements and the Opposition’s policy on that. The point I was making was that when we voted to leave the European Union, we were told that the very act of voting to leave would result in massive job losses, a loss of investment in the United Kingdom, a collapse in confidence and a recession in the UK economy. Nothing could be further from the truth. We have created jobs. We have seen record inward investment, and we have seen our exports rise to record levels.
(13 years, 2 months ago)
Commons ChamberYes, the meeting in London, as the hon. Gentleman will remember, was not an official visit to this country by the President. I was very keen to talk to him about some of the projects that I had been running in opposition but was not going to be able to run in government. That meeting included the Sri Lankan Foreign Minister, a long-standing friend of mine, and the governor of the bank of Colombo, who is also a long-standing acquaintance. I simply wanted to try to make it clear that much as I would not be able, as the Secretary of State and a member of the Government, to continue with what I had done in opposition, there were those who were willing to continue to do that in politics and business. I hope that they will be successful.
Listening to my right hon. Friend’s statement one gets the impression that a company, Cellcrypt, spent hundreds of thousands on lobbyists to try to get a contract and failed to do so. Will he confirm that that understanding is correct? Having failed to get that contract, the company then tried to buy the politics of the Labour party, which is now throwing rocks. Does that not have profound implications for our politics, on both sides of the House?
Following the meeting in Dubai, when I had been interested in what Cellcrypt could bring to the Ministry of Defence, I immediately called my private office and asked to be provided with a briefing that I could get on my return. The correct way to make decisions about procurement is through our regular procurement process. It is quite reasonable to talk to contractors, as we do on a regular basis. All Ministers talk to contractors on a regular basis about what they may or may not bring in terms of capability to the MOD. The question is whether, having been given that information, we make snap decisions or we put it through due process, and this—Cellcrypt—is being put through due process.
(13 years, 7 months ago)
Commons ChamberIs not today an important day of justice for the honouring of the armed forces after the disgraceful neglect of the past 10 years?
(13 years, 10 months ago)
Commons ChamberAs the hon. Gentleman knows, there are ongoing discussions in the armed forces, but as he has heard me say on a number of occasions, I am very keen that we have United Kingdom armed forces and that we maintain the footprint as widely as possible across the UK. If he wants to talk to me directly about that, I shall be happy to meet him.
Labour’s legacy means that there is not enough to do all that we would like to do, but we can make a start. None of it alone will instantly rebuild the covenant, but it is a step in the right direction. In the difficult economic circumstances the coalition Government have inherited, where all parts of society are making sacrifices, repairing the covenant will not be straightforward. The armed forces are subject to the difficult decisions we have had to make on pay, pensions and allowances across Government.
Neither the Prime Minister nor I came into politics to see cuts in the armed forces, but we have to deal with the reality of the legacy. Every Department has to make a contribution to deficit reduction and the Ministry of Defence can be no exception. We have to put the economy on the right track for the sake of our national security.
The coalition agreement recognises that we have to do more to ensure that our armed forces and their families have the support they need, and are treated with the dignity they deserve. Some of what we need to do will cost money, and with budgets squeezed, we may not be able to go as quickly as we want, but we will make progress where we can. The recent report on the covenant commissioned by the Prime Minister from the military historian Professor Hew Strachan suggests a number of ways to move forward. We are implementing some of them now and will announce in the near future the other recommendations we support.
As Members know, the military covenant was conceived as an expression of the mutual obligations that exist between the nation, the Army and each individual soldier. In consultation with service charities and others, the Government are rewriting the covenant as a new tri-service document—the armed forces covenant—which expresses the enduring, general principles that should govern the relationship between the nation, the Government and the armed forces community as a whole. It will include all three services, veterans, family members and local communities, thereby broadening the scope of the covenant. We shall publish it in the spring.
The reserve forces form an intrinsic part of the UK’s defence capability and thus the armed forces community. The Ministry of Defence is responsible for ensuring that reservists are treated fairly and with respect, and that they are valued. In the drafting of the armed forces covenant, reserves have been considered equally alongside regulars. That will set the tone for Government policy aimed at improving the support available for serving and former members of the armed forces, and the families who carry so much of the burden, especially, as we remember today, in the event of injury or death.
Does my right hon. Friend agree that it is an extraordinary situation for the Opposition to call a debate on the military covenant, which by their own admission they cannot define, yet we have heard from my right hon. Friend a clear definition of the covenant, which is being written into the law of the land?
It is surprising that the Opposition should be so desperate for a definition of the military covenant in law, yet fail to produce one themselves. It is just as absurd as their claim that they are trying to implement the Conservative manifesto on the subject. I happen to have the Conservative manifesto of 2010 in my hand and I see no commitment whatever to writing the military covenant into law. Indeed, we have gone further than our manifesto commitment in the coalition agreement by trying to take that forward. It is one of the elements that shows that the coalition Government were able to work together to go further than either party had done in the manifestos that we issued at the general election.
We need to ensure that progress is made, year on year. That is why we have brought forward legislation in the Armed Forces Bill requiring the Defence Secretary to present an armed forces covenant report to Parliament every year. I hope to deliver the first of those reports in the autumn.