Paid Directorships and Consultancies (MPs)

Harriett Baldwin Excerpts

Wednesday 17th July 2013 Commons Chamber

[Jon Trickett]

Thank you, Mr Deputy Speaker. I will give way in a moment or two.

Apart from the pressure on our time, there is another issue: the deteriorating reputation of politics in the mind of the public. We all know, for whatever reason, that the public perception of our role as law-makers and public representatives has sunk in recent times to an all-time low, and we need to address that. No single reform on its own can restore the trust that we need to rebuild, but better regulation of second jobs would clearly help. Here is one reason why. [Interruption.] I will explain why if the Leader of the House can be patient for just one second. He has to hear the argument before he can rebut it. Here is a reason why that can help. The issue relates to the problem of perception—I use that word carefully—of potential conflict of interest. Our primary loyalty as right hon. and hon. Members is to promote the common good for our country and our constituents, rather than our personal, private interests.

I am not suggesting for one moment that any right hon. or hon. Member is allowing the pursuit of private interest to interfere with their duty to the wider public interest, but I am suggesting that there is a widespread perception that that is the case. In politics, as we know, perception is just as important as reality.

[Harriett Baldwin (West Worcestershire) (Con)]

rose—

[Jon Trickett]

I will give way to the hon. Lady, but in doing so let me ask her this question. After the next election, Labour MPs will have no remunerated directorships or consultancies. Will she say the same for her party?

[Harriett Baldwin]

As the hon. Gentleman can see, I do not have any remunerated outside interests currently, but I did have one that carried forward after the election. He seems to making the case for separating the Executive completely from Parliament. Is he saying that none of those on the Opposition Front Bench would be prepared to be Ministers after the next election?

[Jon Trickett]

Let me say first that I note that the hon. Lady did not refer to the primary point, which is whether Government Members support reform. As regards the question of whether Ministers are somehow operating a private interest, that is a preposterous argument. Ministers work for the Crown on behalf of the public, because we live in a democratic society. For anybody to suggest that Ministers or a Prime Minister are somehow working for their private interests is a preposterous argument. I hope that when she reflects, she understands that that is the case.

If we stop to reflect for an instant, it is easy to understand how the perception I was describing might develop. The House will know that anyone who becomes a director of a company board, or consultant to a company, has a fiduciary duty—a legally defined concept—to that company. [Interruption.]