Oral Answers to Questions

David Burrowes Excerpts

Wednesday 9th December 2015 Commons Chamber

[Mr Letwin]

The charity sector as a whole has an income of about £40 billion a year, which is broadly stable. I have been looking at the council accounts for the hon. Lady’s area. It turns out that Kirklees Council has £200 million in useable and unused reserves. The problems to which she refers are not real ones.

[Mr David Burrowes (Enfield, Southgate) (Con)]

Tackling complex needs effectively has been something of a holy grail out of the reach of previous Governments, so I welcome the commitment in the autumn statement to £105 million in social impact bonds to tackle complex needs and perhaps get us closer to that holy grail.

[Mr Letwin]

I very much agree with my hon. Friend, who has been a passionate advocate, as I and others have been, of social impact bonds. This is a huge change in the way our country is organised. We can get to the point where we are actually paying for outcomes, not inputs. We lever up the amount the Government put in on behalf of the taxpayer, with huge contributions from the private sector and from those double bottom line investors. We can see a huge transformation in public services.

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[Mr Osborne]

Of course we take very seriously the issue of illegal loan sharks and, indeed, that of excessive interest charges on payday lending, which is why it was Conservatives who introduced the first ever cap on payday lending. As for the hon. Gentleman’s specific question about funding for illegal money laundering and loan shark teams, we are considering the imposition of a levy on the industry to meet the requirements that he has identified.

[Mr David Burrowes (Enfield, Southgate) (Con)]

Q2. Following last week’s vote, can my right hon. Friend give us an update on action against the genocidal jihadists who not only attack Christians, Yazidis and Muslims, but pillage their churches, shrines and mosques? I welcome the announcement of £30 million to protect cultural heritage, but can we also ratify the Hague convention sooner rather than later?

[Mr Osborne]

I thank my hon. Friend for raising this important issue. Let me briefly update the House on the military action that has taken place since we met last week. We have 16 aircraft conducting strikes, as well as our Reaper drones. The Royal Air Force has flown 11 missions and conducted four strikes, principally against the oilfields, and we are also supporting Iraqi security forces. My right hon. Friend the Foreign Secretary will be in New York next week for talks on trying to bring an end to the horrendous conflict in Syria. As for the damage that is being done to the cultural artefacts in the area, we are providing £30 million as part of the cultural fund—I have discussed that with the director of the British Museum—and as for the Hague convention, that process is now moving apace.