The Growth Plan

Debate between Chi Onwurah and Kwasi Kwarteng
Friday 23rd September 2022

(2 years, 1 month ago)

Commons Chamber
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Kwasi Kwarteng Portrait Kwasi Kwarteng
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Absolutely. We fully intend—while I am in the Treasury, certainly—to talk to Departments to deliver the vision that I know my hon. Friend is driving in his constituency.

Chi Onwurah Portrait Chi Onwurah (Newcastle upon Tyne Central) (Lab)
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Newcastle paid a very heavy price for Conservative austerity economics: wages cut, public services slashed, growth stifled, businesses closed, good jobs lost. We were told that there was no money to invest in north-east regional economic growth. Now the Chancellor is borrowing billions to gamble on tax cuts for the rich and boosting oil companies’ profits—and working people are still expected to foot the bill. Will he apologise to my constituents for making them poorer and expecting them to pay for it?

Kwasi Kwarteng Portrait Kwasi Kwarteng
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The tax cuts that I have announced affect everybody who pays tax, and they will affect many, many people in the hon. Lady’s constituency. I am very pleased that, through levelling up, we are now focused on driving growth right across our country, particularly with investment zones. I look forward to the investments there.

Oral Answers to Questions

Debate between Chi Onwurah and Kwasi Kwarteng
Tuesday 16th November 2021

(2 years, 11 months ago)

Commons Chamber
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Kwasi Kwarteng Portrait Kwasi Kwarteng
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My hon. Friend smuggled a leading question into his first question. He knows that ARIA is a key part of our strategy to become a science superpower, and he and I can discuss the role that Bolton will play in that exciting future.

Chi Onwurah Portrait Chi Onwurah (Newcastle upon Tyne Central) (Lab)
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The “Life Sciences Vision” has dementia as its first mission. The Conservative manifesto committed to doubling research funding in a dementia moonshot, but the Budget ignored it. The UK Dementia Research Institute called this

“a major blow to UK neuroscientists racing to find cures for these devastating diseases”.

Alzheimer’s Research UK said that this

“lets down the nearly one million people in the UK affected by this devastating condition.”

So will the Secretary of State now set out a clear timetable for doubling dementia research funding, as Labour has? Or is the “Life Sciences Vision”, like the R&D road map, the industrial strategy, the innovation strategy, the grand challenges and Northern Powerhouse Rail, all talk and no action?

Kwasi Kwarteng Portrait Kwasi Kwarteng
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I completely refute the hon. Lady’s allegation that those things are all words. The innovation strategy is the first of its kind. It has been broadly welcomed across the sector, and she will know that dementia is one of the seven technologies in engineering and biology that we are pursuing in the innovation strategy.

Gas Prices and Energy Suppliers

Debate between Chi Onwurah and Kwasi Kwarteng
Thursday 23rd September 2021

(3 years, 1 month ago)

Commons Chamber
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Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.

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Kwasi Kwarteng Portrait Kwasi Kwarteng
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Nobody in this House has been as consistent and as focused on this issue as my hon. Friend. He knows that, as Energy Minister, I commissioned the offshore transmission network review, on which we have accelerated work. I would be happy to speak to him and other colleagues about the review’s progress.

Chi Onwurah Portrait Chi Onwurah (Newcastle upon Tyne Central) (Lab)
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The Secretary of State describes small energy companies such as Green in Newcastle upon Tyne Central as “failures,” but he says nothing of his own failure in structuring, regulating and shaping the energy market. Will he confirm that large energy companies, such as Green, will not receive a penny of taxpayers’ money? What support will he offer to the employees of Green, apart from slashing universal credit?

Kwasi Kwarteng Portrait Kwasi Kwarteng
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As I said, it has been a consistent feature over the past few years that energy companies have failed and left the market. We have a process to deal with that, the supplier of last resort. I categorically say to the House that we will not be giving any grants or subsidies to larger companies.

Oral Answers to Questions

Debate between Chi Onwurah and Kwasi Kwarteng
Tuesday 9th February 2021

(3 years, 8 months ago)

Commons Chamber
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Chi Onwurah Portrait Chi Onwurah (Newcastle upon Tyne Central) (Lab) [V]
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We are all grateful to Britain’s world-leading scientists for blazing a trail of hope in this terrible pandemic, but how are Government protecting science’s future? Medical charity research is predicted to fall by over £4 billion after Government refused support. University research has only been offered loans to cover losses from international students, while 90% of UK researchers are excluded from support, even though the virus prevents them from finishing their research. Postgraduate research students from the nine doctoral training programmes have written to demand action, given the escalating scale of the crisis, and there is a massive reduction in funding for early career researchers. Why are Government not protecting the future of the science that is protecting us?

Kwasi Kwarteng Portrait Kwasi Kwarteng
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The hon. Lady seems to be living in a parallel universe. If we look at the vaccine roll-out—we have seen 12.3 million, or nearly 12.3 million, people vaccinated as of this morning—we can see that the strength of the UK science base is really impressive. It is looked on throughout the world as something to aspire to. We are a world-leading science power—a science superpower. I have already mentioned the £14.6 billion that we have committed to R&D, and this is an area where we are confident and world-beating.

The Insolvency (Moratorium) (Special Administration for Energy Licencees) (Regulations) 2020

Debate between Chi Onwurah and Kwasi Kwarteng
Wednesday 30th September 2020

(4 years, 1 month ago)

General Committees
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Kwasi Kwarteng Portrait Kwasi Kwarteng
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I appreciate the enthusiasm of hon. Members to engage with this debate, but we have to be specific about the nature of the SI. I am absolutely happy to debate and talk to my hon. Friend individually about the scope for local communities to engage with energy provision, but the scope of the SI is, unfortunately, very narrowly concerned with the financial distress in which energy companies—as defined in the measure—may find themselves. Those companies will essentially have to pre-warn or give warning to the Secretary of State, so that the Secretary of State and Ofgem can act swiftly to address the situation. That is what the SI relates to, but I am of course happy to debate wider considerations in another forum.

Chi Onwurah Portrait Chi Onwurah
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I thank the Minister for his comments and his recognition of the contribution of my hon. Friend the Member for Southampton, Test, the shadow Minister. However, I am slightly confused. As the Minister says, the SI is about insolvency provisions for energy suppliers, yet he seems to believe that any consideration of the likely level of distress and insolvency of energy suppliers, and indeed the impact of covid-19 on the energy market, which has given rise to the need for this SI, to be out of the scope of this debate. I have to say that I find that hard to understand, given that this SI is addressing that issue.

Kwasi Kwarteng Portrait Kwasi Kwarteng
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We can get into a debate about what the SI does.

Chi Onwurah Portrait Chi Onwurah
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That is the purpose of the meeting.

Kwasi Kwarteng Portrait Kwasi Kwarteng
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I have tried to be as clear as possible, but I have been dragged in all sorts of different directions. When financial distress occurs the SI has two provisions. First, it enjoins, instructs or demands that companies give information to the Secretary of State, so that the Secretary of State and Ofgem can intervene. Secondly, it modifies the moratorium regime that the hon. Lady described in respect of those companies and puts restrictions on legal proceedings by creditors of those firms, so it essentially protects those firms in financial distress from their creditors. The causes of the financial distress, the impacts of covid-19, are not actually addressed in the SI.

I am sure the hon. Lady will want to come back on that, but I have resisted by saying that I am prepared to debate those issues in another forum. I do not think this is the right forum in which to engage with that, because we could be here all morning if that is what she wants to do. I am struck by the fact that, if she is very engaged with the debate, so few of her colleagues have attended this critical SI, which rather tugs against her contention that we can debate those wider issues in this format.

Chi Onwurah Portrait Chi Onwurah
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rose

Kwasi Kwarteng Portrait Kwasi Kwarteng
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I am not going to give way. In conclusion, I would like to say that the regulations align the corporate moratorium regime that the Government introduced last summer with existing powers to protect energy consumers and other market participants, and on that basis I commend the regulations to the Committee.

Question put and agreed to.

Oral Answers to Questions

Debate between Chi Onwurah and Kwasi Kwarteng
Tuesday 29th September 2020

(4 years, 1 month ago)

Commons Chamber
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Kwasi Kwarteng Portrait The Minister for Business, Energy and Clean Growth (Kwasi Kwarteng)
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I pay tribute to my hon. Friend for the work that she is doing in this area. I also congratulate the United Downs project on last month securing £4 million from the Government’s getting building fund. As the Prime Minister has said this weekend, the UK will lead by example by keeping the environment firmly on the global agenda and serving as a launchpad for a global green industrial revolution.

Chi Onwurah Portrait Chi Onwurah (Newcastle upon Tyne Central) (Lab)
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Two years ago, having spent £1.2 billion of taxpayers’ money developing the European Galileo programme, the Government abandoned it to build a duplicate British system at a cost of £3 billion to £5 billion; they spent tens of millions on this “me too” sat-nav system, plus half a billion pounds on OneWeb, a bankrupt American satellite company. Now we hear that the British sat-nav system is to be abandoned too—and for what? According to newspaper reports, which are better briefed than Parliament, it is so that the Prime Minister can go head to head with Elon Musk.

Energy Efficiency Measures: Net Zero Buildings

Debate between Chi Onwurah and Kwasi Kwarteng
Wednesday 26th February 2020

(4 years, 8 months ago)

Westminster Hall
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Kwasi Kwarteng Portrait Kwasi Kwarteng
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It is an initial step. In Germany, KfW has a consumer finance piece that gives small loans for green initiatives. We had a green deal; my personal view and, I think, the Government view is that it did not work principally because the interest rate was too high. However, that does not discredit such initiatives.

I was struck that the hon. Member for Newcastle upon Tyne Central (Chi Onwurah) mentioned the Labour party manifesto and its commitments on houses. It was extraordinary but unsurprising that although she mentioned all the jobs that would be produced and carbon emissions, she did not say how much the policy would cost. That is a critical part of the debate. As my right hon. Friend suggested, a huge amount—in the order of £65 billion—needs to be invested in the next 10 years. That will not all come from the Government; some will come from consumers, who will rightly invest in making their homes more secure. Investments in those houses are not lost money; they will enhance property values, so they make commercial sense in many ways.

[Mr Virendra Sharma in the Chair]

The fifth specific point mentioned by my right hon. Friend was the EPC scheme. It is not a perfect measure, but it does capture something about what we are trying to do. It has an indicative value in forcing up the standards we expect not only of the Government but of private sector landlords, as was mentioned in the debate. In that space, I can announce that we are already consulting on tightening standards in the private rental sector. We aspire for private landlords not to get properties to EPC band E but to make investments to improve their properties to band B or C by 2030. That is a significant improvement and a step in the right direction.

The debate has shown that we still have a big task. The hon. Member for Kilmarnock and Loudoun (Alan Brown) highlighted the achievements of the Scottish Government, but he will appreciate that of the 27 million homes in the UK, 24.2 million are outside Scotland, in England, Wales and Northern Ireland. While I appreciate the successes of the Scottish Government, we cannot see it simply as a competition. In fact, colleagues of his in the devolved Administration are always telling me, “We have got to work together and co-operate.” They want negotiations, discussions and policy evolution in partnership with the Government in Westminster. That is a welcome development. I have meetings and calls with Ministers in the devolved Administrations and I have just spoken on calls to Diane Dodds and Edwin Poots, the newly appointed Ministers in Northern Ireland. This cross-UK approach is the best method.

There are so many other issues we could talk about. We clearly need joined-up policy in this area. We cannot improve the energy performance of our buildings without engaging with our friends at the Ministry of Housing, Communities and Local Government. I was struck that that Department, which has responsibility for the performance of local authorities, was barely mentioned, which led me to believe that BEIS has the sole answers to all these questions. I wish that were true, but we do have to participate and engage with colleagues across Government in Treasury and MHCLG.

Chi Onwurah Portrait Chi Onwurah
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I thank the Minister for giving way and for rightly challenging me on the costs of the proposals I cited from the Labour manifesto. Our manifesto was fully costed, and the cost was £60 billion. As we said, we have the lowest interest rates in history. Will he tell me the cost of the thousands who currently die from fuel poverty? What is the cost to the economy of not meeting the challenges of the climate emergency?

--- Later in debate ---
Kwasi Kwarteng Portrait Kwasi Kwarteng
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I fully accept that we have to deal with fuel poverty in this country. We do have the policies—

Chi Onwurah Portrait Chi Onwurah
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How much does it cost?

Kwasi Kwarteng Portrait Kwasi Kwarteng
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If she will not barrack me, I can say that we do have policies addressing fuel poverty. We have the energy company obligation, which we are completely committed to, and we committed billions of pounds in our manifesto to address fuel poverty specifically.