Oral Answers to Questions

Debate between Chris Bryant and Sajid Javid

Thursday 15th January 2015 Commons Chamber

[Sajid Javid]

My hon. Friend is right, but, as he will know, although the deal announced last month is voluntary, it is binding on each of the operators because of licence changes that are to be made. It will massively increase coverage throughout the United Kingdom, halving the number of what are known as partial not spots, and reducing the number of total not spots by two thirds. There will be improved coverage of data as well as voice.

[Chris Bryant (Rhondda) (Lab)]

Members on both sides of the House have rightly pointed out that not spots are not only infuriating for individuals but bad for businesses, especially small businesses, in many cities as well as rural areas. Unfortunately, the Government left it until the dying moments of this Parliament before taking action. What the Secretary of State described a moment ago as a landmark agreement is falling apart. Will he confirm that mobile network operators have told him, as they have told us, that he has reneged on the promises that he made about the electronic communications code—the amendments to the Infrastructure Bill that he has tabled at the last minute are wholly inadequate—and that he cannot tell the taxpayer whether this will cost us all £1 billion in lost revenues to Ofcom? Is not the truth of the matter that we now need a Labour Government to do the job properly?

[Sajid Javid]

Some things never change. I am afraid that the hon. Gentleman is clutching at straws. He has a reputation for opposing everything that comes before him, even if it is blindingly obvious that it will be great for everyone in the country. Given that he is new in his present role, having been kicked out of his old one, and that it is the start of a new year, we thought that he might have turned over a new leaf, but no such luck. I am sure, however, that he is intelligent enough to look at the deal carefully, and when he does so, he will see that it is a good result for everyone in the United Kingdom—including his constituents, who currently have some of the worst mobile phone coverage in the country.

Oral Answers to Questions

Debate between Chris Bryant and Sajid Javid

Thursday 1st May 2014 Commons Chamber

[Sajid Javid]

My hon. Friend makes an important point. As I have said before, a number of industries have bad apples and make mistakes, but we must recognise that the freedom of the press is a cornerstone of our democracy.

[Chris Bryant (Rhondda) (Lab)]

But it was not just one bad apple, was it? It was not one rogue reporter, it was systematic abuse of people who were the victims of crime themselves or had lost family members in Afghanistan. I hope the Secretary of State will understand that those victims of crimes and unethical conduct are deeply troubled by the creation of the Independent Press Standards Organisation, because it has been cobbled together by two Conservative Members of the House of Lords and is still a case of the press marking their own homework.

[Sajid Javid]

The hon. Gentleman will know that the industry and the Government agree, as I believe do all parties in this House, that self-regulation is the way forward. That was at the heart of the Leveson principles. As I said, the royal charter has been granted and the press have responded by setting up a self-regulator, and it is now for them to decide how they wish to take that further.

Royal Bank of Scotland

Debate between Chris Bryant and Sajid Javid

Thursday 13th June 2013 Commons Chamber

[Chris Bryant (Rhondda) (Lab)]

One can tell when this Government have something to hide: the Chancellor runs for cover and a junior Minister is sent out to make a statement and deny absolutely everything—rather unconvincingly, if I may say so. Does the Economic Secretary not understand that my constituents are still spitting with fury about the fact that they are paying the price for the mistakes made by bankers? If the dash for cash, which he has been touting around the Committee Rooms and the City of London for the past few weeks, goes ahead, yet again, bankers will make more money, brokers will make more money, and the taxpayer will lose out.

[Sajid Javid]

If I remember correctly, the hon. Gentleman was a member of the previous Government, not just a Government Back Bencher, so he was involved in decision making and presumably supported the action that the then Government took on banking regulation. I wonder whether he held those views back in 2007, just before the collapse of the British banking system, when the then Chancellor said in his Mansion House speech:

“I congratulate you Lord Mayor and the City of London on these remarkable achievements, an era that history will record as the beginning of a new golden age for the City of London.”

Emerging Economies

Debate between Chris Bryant and Sajid Javid

Monday 14th June 2010 Commons Chamber

[Chris Bryant]

Captain Neil Primrose, who took a strong interest in emerging economies at the time, and particularly Turkey, which we shall come to, unfortunately lasted only five months in government, because the Government collapsed, and his daughter ended up marrying a Tory. Cecil Harmsworth, who also took a strong interest in emerging economies, is someone whose family gave us the Daily Mail—we often forget that it was the Liberals who did that. The Marquis of Reading had to resign for insider dealing after just three months in the job, while John Simon ended up virtually a Tory, so I look forward to observing the Minister’s career.

There can be little doubt that the shape of the world’s economy is changing, as the Minister said, and it is changing at a pace that few would have anticipated just a decade ago. Over the past 10 years, the BRIC countries, as they are often referred to—Brazil, Russia, India and China—have alone contributed more than a third of world GDP growth, growing from one sixth of the world economy to almost a quarter. There is also a growing confidence in many of those countries about their economic and cultural future, and they want a far greater impact on the world stage. Indeed, they are often impatient with progress at the United Nations and elsewhere. Thus, in April, Brazil saw its lowest unemployment figures since 2001, and it confidently expects growth to reach 6% this year, and this from a country that in 2002 had to secure an IMF loan—the largest IMF loan ever at the time—of $30.4 billion. India’s growth rate is expected to be 8.6%, while China has been averaging at 10% not just for the 10 years to which the Minister referred, but for the past 30 years.

Nothing, however, is certain—we only have to look at a little bit of history to see that. In 1913, Argentina was the 10th largest economy in the world and enjoyed significant advantages over many others: great natural resources, a well educated population and strong international ties to the United States of America, Spain, Italy and the United Kingdom. Today, however, Argentina languishes. Why? In part, I believe, because of the self-inflicted political turbulence that it has experienced; in part, because of—[Interruption.] I do not think that it was socialism—if anything, it was national socialism, which was rather closer to Tory philosophy in those days. In part, the reason was that Argentina failed to deal with inequality, but it was also—and primarily—an economic nationalism that created unnecessary barriers to trade. I would say to Argentina today that economic nationalism will do it no favours at all in the years to come either.

[Sajid Javid (Bromsgrove) (Con)]

Does the hon. Gentleman agree that one of the reasons why Argentina had all those problems was that when it defaulted on its debt a few years ago, it had both the largest budget deficit and the largest debt per capita on its continent? Does he see any parallels between that situation and the one that his Government left behind after 13 years of power?

[Chris Bryant]

Nice try, but we will come a little later to the problems that I see with the Conservative-Lib Dem Government’s approach to growth and why I think this debate points to some of the problems that we will see over the coming years. But no, I think that the problems in Argentina stretch back across 100 years. The Argentines failed to take advantage of their many strengths and they played their politics extremely badly. My fear is that they are doing exactly the same thing today.

The task for all those countries is to ensure their growth, while the task for us is to ensure that we match their performance pound for pound, real for real. It is worth bearing in mind how significant those economies are to the UK. To all intents and purposes, we are Russia’s banker, while we are Brazil’s seventh trading partner in terms of exports and India’s fourth. The emerging economies have become increasingly dependent on each other in recent years; thus China has now overtaken the USA as Brazil’s major partner. Our position in relation to the emerging economies should be to seek to do three things: first, build UK growth; secondly, fight bilaterally and on an international level for free and fair trade, rather than protectionist measures, which is something to which the Minister referred; and thirdly, constantly underline the importance of the rule of law and human rights.

Let me start with growth. I simply do not believe that it is possible for the UK to achieve a greater share of the markets, or a stronger role in the world, without a strategy for UK economic growth. The Foreign Secretary can huff and puff as much as he wants, but if the Chancellor is focusing only on cutting the deficit—whether through cutting expenditure or increasing taxes—and has no strategy for growth, we will have nothing to sell abroad, we shall lose out economically, and the Foreign Secretary will simply be left to manage the decline of our reputation abroad.