Debate on the Address Debate

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Department: Cabinet Office

Debate on the Address

Gloria De Piero Excerpts
Wednesday 9th May 2012

(12 years, 7 months ago)

Commons Chamber
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Lord Dodds of Duncairn Portrait Mr Dodds
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Absolutely, but the adjudicator must have teeth. We look forward to hearing the details as they come forward. However, if that and other measures we have talked about are implemented, they will receive broad welcome.

Having said that, I want to come to several areas on which I disagree with the Government. Some relate to issues that were in the Queen’s Speech, but some relate to matters that were not. The verdict on the Gracious Speech must be that, although it contains useful measures that we will support, overall it lacks substance in heavy-weight measures to deal with the big issue confronting us. There is to be a measure on House of Lords reform. Many people call me or come to my constituency office, but few, if any, have ever raised that issue with me. Even in these days of e-mails, Twitter and Facebook, very little of our correspondence relates to the matter.

There are, however, many issues on which I get a large amount of e-mails and other correspondence. People are concerned about our net contribution to the European Union, for example. They are worried about the cost of implementing regulations from Brussels. They are angry about our inability to reject unwanted EU law, and they want Parliament to be able to decide on behalf of the people of the United Kingdom what our laws should be, who we should have in our country and who we should be able to deport. Those are the issues that people raise with Members of Parliament all the time. They might not be the issues that Members want to face up to, but unless we face up to the concerns that people raise on a daily basis, we shall become ever more disconnected from the people we are supposed to represent.

Gloria De Piero Portrait Gloria De Piero (Ashfield) (Lab)
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A couple of weeks ago, some small business owners from my constituency came down to see me. They talked about the difficulties relating to bank lending and to the high rate of VAT. Does the right hon. Gentleman agree that they will take little comfort from what has been said in today’s Queen’s Speech?

Lord Dodds of Duncairn Portrait Mr Dodds
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I agree with the hon. Lady. I shall come to the issue of VAT shortly, as people have raised that with me. VAT and fuel costs are of real concern to them. The hon. Lady also mentioned banking. It is clear that a real problem for economic growth in this country is that many viable businesses that have a future and an order book and that can trade are having to deal with banks that are moving the goalposts on lending conditions and what they require businesses to pay. They often do that at short notice, having agreed on a programme of repayments and interest rates only a few months previously. Suddenly, the goalposts are moved and the businesses are bereft of any means of continuing. They are forced into liquidation and into laying people off. Much more needs to be done about the lack of bank lending to businesses, because that is strangling a great deal of the potential growth in our economy.