(4 years, 3 months ago)
Commons ChamberWhat I would say first is that of course we would have a review of our aid budget as a result of the impact of the 0.7%; that comes with the target. I think the hon. Member’s own Front-Bench team have accepted that. What I can tell her, though, is that we were very clear not just to salami slice budgets. So when I took the chairmanship of the review that we conducted with Departments across Whitehall, we preserved focus and the funding for the bottom billion—the poverty reduction for the poorest around the world. We preserved and we made sure that we safeguarded the money prioritised for climate change, for girls’ education, for covid-19 and also for a range of the “force for good” campaigns for media freedom and girls’ education, as I have already mentioned, that I discuss, and in that way we have had a strategic approach. So, yes, we have had to review it in line with our commitment to adhere to a 0.7% pledge, but we have done it in a strategic way, and I think when she looks at the detail, she can be reassured.
Does my right hon. Friend agree that the covid pandemic has highlighted the benefits, if not the imperative, to join up our diplomatic and development efforts? But in particular, can I welcome the better access to the unparalleled soft power our DFID colleagues will have of Wilton Park in my constituency of Arundel and South Downs?
My hon. Friend makes a great plug for Wilton Park, which is dear to my heart. It does great work and certainly helps leverage our soft power effort. More generally, he has made the case that covid has demonstrated not just why integrating foreign policy is so important, but why we should go further with the merger. We found that, whether it came to procurement of PPE, repatriation of British nationals, critically, the search for a vaccine and, as hon. Members on both sides of the House have said, making sure that it is equitably distributed around the world.
(4 years, 10 months ago)
Commons ChamberI entirely agree with my hon. Friend. I think I expressed in my statement that this was a failure of the market, but he is also right to say it is a failure of Government and, indeed, a failure of western Governments. We have set out a whole range of things that we will do—fiscal measures, regulatory measures, international collaboration—to ensure that we never find ourselves in this situation again.
I commend my right hon. Friend for his thoughtful and calibrated proposal. As someone with first-hand experience of building and operating broadband networks at scale, may I ask him to consider phasing the introduction of the share cap over a number of years to allow time for the industry to respond?
My hon. Friend has particular expertise in this area. We can consider the cap and the issue of phasing at the point of legislation, but it is important that we take these measures as swiftly as possible to show we have a decisive fork in the road that is able to meet the challenges of both investment and security.