Greece

Debate between David Winnick and George Osborne

Monday 6th July 2015 Commons Chamber

[Mr Osborne]

My right hon. Friend makes the correct observation about the speed of events. To be fair, in speaking to my counterparts, I have found that they do accept the sense of urgency, but trying to get the political systems and political meetings to deliver at the right pace is, of course, difficult. That is the big challenge in the coming days. Whatever the outcome for Greece’s future membership of the euro, we want it to take place in an orderly rather than a disorderly way. Bridging between where we are today and the eventual outcome is something that the authorities in the eurozone need to work on.

[Mr David Winnick (Walsall North) (Lab)]

Has it not been made clear by the Greek Government that the vote yesterday was not about leaving Europe or even the eurozone, but about the constant humiliation the country has suffered over the years and the economic pressures piled on it? Should it not be borne in mind that we are dealing with a country that said a very firm no to Mussolini, that bravely opposed the Nazi barbarians and that opposed the military gangsters who took over the country in 1967? Is this not a people and a country that should be treated with respect, not humiliated day by day?

[Mr Osborne]

The hon. Gentleman is right to refer to the heroic history of the Greek people and the many times at which they have fought for their freedom. I would make this observation, however. If they join the eurozone, they are joining an arrangement with other member states, other Governments and some central institutions, so they cannot take a unilateral course. That is why Britain did not want to join the euro, but Greece did join it, so that requires an agreement with the other Governments and the other peoples of the eurozone, as well. What the hon. Gentleman said about the people of Greece could be said equally about the people of Spain.

Greece

Debate between David Winnick and George Osborne

Monday 29th June 2015 Commons Chamber

[Mr Osborne]

The public will draw their own conclusions about that. Different countries are obviously different, but western democracies need to ensure that their welfare systems are affordable, their economies are competitive and their businesses can export and create jobs. That is a challenge for every single western democracy.

[Mr David Winnick (Walsall North) (Lab)]

In view of the intense hardship and suffering that millions of ordinary Greeks have already endured, why on earth should they agree to the further humiliation that is before them? In such circumstances, is it not clear that the Greeks should decide for themselves, as the Greek Government have rightly stated? It will be interesting to see whether they will agree to such humiliation being inflicted on them by voting against the Government’s recommendation.

Tax Avoidance (HSBC)

Debate between David Winnick and George Osborne

Monday 23rd February 2015 Commons Chamber

[Mr Osborne]

Yesterday the Chief Secretary referred to a policy that the Treasury has been considering for the purposes of the Budget, involving the penalties that should be paid by those who actively facilitate tax evasion. As I have said, we are considering that policy, but the hon. Gentleman will have to wait for the Budget.

[Mr David Winnick (Walsall North) (Lab)]

If the position is now so clear and has now been dealt with, why did the former Tory treasurer say only the other week that “everyone” was engaged in tax avoidance? He meant the rich. Is not the situation summed up very well by an American woman, Leona Helmsley, who ran hotels? She said—and it apparently still applies in this country to a large extent—

“We don’t pay taxes. Only the little people pay taxes.”

That illustrates the divide between the vast majority of people in our country and the rich.

[Mr Osborne]

We have taken steps to deal with precisely the abuses to which the hon. Gentleman has alluded, such as the use of vehicles to avoid paying stamp duty, the creation of partnerships so that hedge funds do not pay the proper amounts, and the fact that foreigners did not pay capital gains tax. Disguised income is another abuse that we have sought to clamp down on—and, by the way, the Labour party voted against our action in that regard. As more abuses come to light and more contrived schemes are discovered, we take action to deal with them, but I have to say that we have had very little support from the Labour party.

Oral Answers to Questions

Debate between David Winnick and George Osborne

Tuesday 1st November 2011 Commons Chamber

[Mr Osborne]

We are absolutely committed to the triple lock that we introduced on pensions so that they rise by CPI, earnings or 2.5%, whichever is greater. That is one of the really significant achievements of this Government, which two parties came together to create, and I think that it is something we can be very proud of.

[Mr David Winnick (Walsall North) (Lab)]

May I tell the Chancellor that what is happening in the economy reminds me very much of the havoc and destruction caused by the Thatcher Government in the 1980s, with mass unemployment and poverty? Is it not perfectly understandable why many people are protesting against the sheer injustice, including those who are protesting, and rightly so, outside St Paul’s?

[Mr Osborne]

Again, there is absolutely no recognition that the Government the hon. Gentleman supported presided over the second deepest recession in the entire world. What is the Opposition’s explanation for that? Why was Britain so badly affected? Why was the British economy so unbalanced? Why had the gap between the rich and the poor grown? Why had manufacturing halved as a share of GDP? They have absolutely no answers on Labour’s record in office.

Sovereign Grant Bill

Debate between David Winnick and George Osborne

Thursday 14th July 2011 Commons Chamber

[Mr David Winnick (Walsall North) (Lab)]

Obviously, I have listened to what the Chancellor said, but will he bear in mind that we did precisely the same thing last Thursday, on a subject that is not his responsibility? It is all the more irritating that on two successive Thursdays we have had this situation in the House.

[Mr Osborne]

I cannot speak on what happened last week, but I would just draw the hon. Gentleman’s attention to this distinction: two weeks ago, on the Floor of the House, we had something like a Second Reading debate about the principles of the Bill. In the comprehensive spending review statement last October, I set out how we proposed to proceed on the subject; that was quite well known. There is not a great deal of surprise about the idea in the Bill of a sovereign grant, linked to the revenues of the Crown Estate and so on. As I say, I accept that the procedure is rather unusual, but the effect is that the House had something akin to a Second Reading debate a couple of weeks ago, and we will use the debate on clause 1 to have something akin to a Second Reading today, too. I hope to address all the issues that people raised two weeks ago in my response on clause 1. Of course, we will have time later today to go through other parts of the Bill.

Oral Answers to Questions

Debate between David Winnick and George Osborne

Tuesday 21st December 2010 Commons Chamber

[Mr Osborne]

My hon. Friend is absolutely right. This country has a record budget deficit; that is the situation we have inherited. We have made some in-year reductions, which have made it slightly less worse this year than it otherwise would have been, and then we have measures next year to try to bring the budget deficit down. Every one of those measures has been opposed by Opposition Front Benchers. They have put forward not a single plan, not a single proposal, to reduce the budget deficit, but our proposals have provided this country with economic stability, in a very unstable European continent.

[Mr David Winnick (Walsall North) (Lab)]

Following on from the remarks of my right hon. Friend the Member for Kingston upon Hull West and Hessle (Alan Johnson), what does the Chancellor have to say about the Institute for Fiscal Studies report, which says that almost 1 million people will be below the breadline by 2014? That is an extra million people. Does the Chancellor not feel any shame about what will happen to so many of our constituents—certainly mine—as a result of the policies that he is pursuing? I would have thought that it was a matter over which the Business Secretary might wish to consider resigning.

[Mr Osborne]

As usual, the hon. Gentleman’s question is totally over the top. I would make this observation: we have inherited this economic situation—a record budget deficit—and we are taking the action to deal with it. We are also promoting social mobility by funding a pupil premium and giving new nursery entitlements to disadvantaged two-year-olds. Child poverty rose in the last years of the Labour Government. They set a child poverty target and entrenched it in law, knowing full well that they did not have the policies to meet that target in any way. We are putting in place the policies that will deliver greater social mobility and deal with entrenched poverty in our country.

Comprehensive Spending Review

Debate between David Winnick and George Osborne

Wednesday 20th October 2010 Commons Chamber

[Mr Osborne]

We have much more focused local area partnerships that are going to help areas such as Staffordshire Moorlands, which I suspect were rather neglected by the regional development agency. I assume that such areas were not where the action was in the west midlands, and that the emphasis would have been on the big metropolitan centres. Her town of Leek and the surrounding countryside would, I suspect, have been ignored by the RDA. One of the advantages of local enterprise partnerships—and, indeed, the regional growth fund—is that we can focus on particular areas where we want to get more private sector involvement and create jobs.

[Mr David Winnick (Walsall North) (Lab)]

I witnessed the misery and devastation that occurred in my black country constituency and elsewhere during the Tory years, and all the indications that the Chancellor has given today are that there will be a repeat of that, and that, despite what he has said, the people who will suffer the most will be those on the lowest incomes. This will be a day of tragedy for the British people.

[Mr Osborne]

The hon. Gentleman is not known for overstatement, but I would say to him that we inherited a situation of rising unemployment, the biggest fall in output in a generation, the biggest banking crisis—thanks to the way in which the previous Government had regulated the banks—and a huge budget deficit. In the next hour—or however long you allow for questions, Mr Speaker—every single Labour Member who gets up should propose an alternative plan. It is very difficult to make choices, but they can attack this plan only if they have an alternative.

Proposed Public Expenditure Cuts

Debate between David Winnick and George Osborne

Monday 13th September 2010 Commons Chamber

[Mr Osborne]

Not many, is the answer. My hon. Friend is right to draw the House’s attention to the fact that what we used to hear from the Labour Government about efficiency savings—in the press releases issued at the time of their last Budget—was all guff. Anyone who has examined whether any of the former Government’s claims stack up has found that they do not. It is another part of the Labour party’s fraudulent record.

[Mr David Winnick (Walsall North) (Lab)]

Does the Chancellor really believe that the Government’s proposals will not be met with the widest opposition up and down the country? The Chancellor might dismiss this comment, but the Cabinet is playing with fire.

[Mr Osborne]

Let me say this to the hon. Gentleman: he sat on the Government Benches year after year while the budget deficit racked up; he allowed this country to have the largest budget deficit in the developed world. We are now seeking to reduce that budget deficit. The previous Government pencilled in but never identified £44 billion of public expenditure savings. If he wants to make a serious contribution to the debate, I suggest that he propose some specific measures to deliver the plans on which he stood at the last general election.

Economic Affairs and Work and Pensions

Debate between David Winnick and George Osborne

Tuesday 8th June 2010 Commons Chamber

[Mr Osborne]

I will make a little progress, and will give way later on in my speech, if Members will allow.

Of course, the backdrop is that our economy has become deeply unbalanced. There is deep imbalance between different parts of the country: the wealth gap between regions widened over the past 13 years. There is imbalance between different sections of society: the gap between the rich and the poor widened in our country over the past 13 years. There is imbalance between different parts of our economy: the public sector boomed to take almost half our national income, while the private sector struggled with the deepest recession that we had seen since the war. This Queen’s Speech, with its landmark reforms of welfare and education, begins the task of righting those wrongs. Later in this debate, we will hear from my right hon. Friend the Secretary of State for Work and Pensions, who has done more than anyone to highlight the trap of low aspiration, poor education and welfare dependency that our fellow citizens do not deserve and our country cannot afford any more.

[Mr David Winnick (Walsall North) (Lab)]

However dismissive the Chancellor may be, those of us who have been here since 1979 and who saw what the last Tory Government did saw only too clearly that the burden of the cuts that were made then fell on those least able to bear it, and the rich and prosperous did very well indeed. That is why we are so sensitive about the people whom we represent, and why we are so suspicious of what the Chancellor is saying, no matter what sort of qualifications he makes. I am afraid that it is our people—the people who sent us here to sit on the Labour Benches—who will suffer the worst of the burdens.

[Mr Osborne]

The similarity is this: in 1979, a new Conservative Government also had to deal with a terrible economic inheritance from the Labour party. If the hon. Gentleman is so affronted by what Margaret Thatcher did during her premiership, perhaps he could explain why, every time there is a new Labour Prime Minister, virtually the first person they invite round for tea is Margaret Thatcher.