(2 days, 14 hours ago)
Commons ChamberThe right hon. Gentleman would have had some involvement in this when he was in government; indeed, the 2018 regulations came from the previous Government. We are all trying to make sure that we are catching up with the technology as quickly as it moves. He makes a very interesting point that I am very conscious of and happy to take away. We are determined to deliver the cyber-security action plan, which is backed by £210 million.
The actions that the previous Government took did not come to fruition in terms of their 2030 target, which is why we have refreshed the action plan and brought it forward with some significant cash. It is important for Ministers to take that forward. I hope that the right hon. Gentleman will hold us to account to ensure that we are fulfilling that promise in the cyber-security action plan. Public services, and indeed central Government, must take the leading role to show businesses that the approach to take is to ensure that all our systems are as secure as possible, not just on economic grounds, but for the people that we all seek to represent.
I thank the Minister for the excellent points he is making on the importance of cyber-security and the cyber-security action plan. Can he say a little bit about how the success of the cyber-security action plan will be measured, monitored and communicated to the House? He is probably aware that only 33,000 cyber essentials certificates were issued in 2024, for example, so an increased take-up of cyber essentials and the guidance in the action plan are essential.
There are some key dates to monitor progress in the action plan itself. I wrote to my hon. Friend, the Chair of the Science, Innovation and Technology Committee, this morning on the publication of the action plan to lay out some of those issues; the letter will be landing soon. I would be happy to discuss that in front of the Committee in more detail. I hope that the Committee, and indeed the Opposition and our own Labour Members, hold us to account for delivering on this, because it is fundamentally important to Government, whether it be digitisation, modernising Government or winning the case with the public about why digitisation is so important and why Government should be as secure as possible and lead the charge on that across the whole economy. I hope that we and the Committee can take that forward in the weeks and months ahead.
As I said, the Government cyber action plan launched this morning is backed by over £210 million of investment and Government Departments will be held to standards equivalent to those set out in the Bill. I hope that that partially answers the question from my hon. Friend the Chair of the Science, Innovation and Technology Committee. Although the focus of the Bill is on essential services, it will also indirectly help businesses, including those damaged by the recent attacks, and Government. Almost all organisations today rely on data centres, outsourced IT or some kind of external supplier. By extending the Bill’s oversight, we are preventing attacks that could, in theory, reach thousands of organisations.
The Bill also gives new powers to regulators responsible for enforcing the NIS framework. Effective compliance is crucial to the success of any regime. These reforms could be world-leading on paper, but without proper enforcement they are meaningless.
(3 weeks, 1 day ago)
Commons ChamberI call the Chair of the Science, Innovation and Technology Committee.
This afternoon, UKRI will publish its detailed funding allocations for programmes such as ReImagining Supply Chains. Does the Minister agree with the Office for Budget Responsibility that the bursting of the AI bubble presents a significant downside risk to the UK economy? What steps are his Department and UKRI taking to protect their investment in innovative companies that would undoubtedly be affected by an AI market correction?
I thank the Chair of the Select Committee for her question. Of course, technological advancement in AI is going to change the way that the Government work, and the way that all of us work, but the key thing about the publication of UK Research and Innovation’s document this afternoon is that it is implementing a record £86 billion-worth of investment over the spending review period—the largest ever investment in research and development. We have to trust UKRI and this Government to put that money into the places that will benefit the country most, and that means more jobs in more communities all over the country.
(3 months, 4 weeks ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
I welcome the Minister to his place, but I wish it was under better circumstances. The loss of Merck’s investment, following the loss of AstraZeneca’s investment in January, will certainly be perceived as a blow to the UK’s life sciences sector, though we must not forget the amazing work that businesses, start-ups and researchers do in constituencies across the country, including my own. We also must not forget the importance of value for money in NHS spending.
The Select Committee will hold an urgent session on Tuesday to examine the issues in the life sciences sector, including tariffs, investment incentives from the US, access to capital and the relationship with NHS pricing. In the meantime, it is clear that the life sciences sector plan, published in July, does not reflect market conditions. Could the Minister update us on how, and how quickly, he plans to revise that plan?
I thank the Chair of the Select Committee for that constructive approach, and I look forward to the session on Tuesday to examine this really important issue. She mentioned the life sciences sector plan, which is really important. It comes with significant investment in research and development, improving clinical trial performance, and moving money and support from other key sectors into the sectors that are in the industrial strategy. Life sciences benefit from that. There is £2.5 billion a year going into life sciences from this Government, and that contributes to the £9 billion that the private sector invests every year.
As the Chair of the Select Committee will know, the Chancellor gave the most generous settlement for research and development ever in the spending review last year, with £86 billion over the spending review period. That is to support the industrial strategy, of which life sciences is a key sector. I know from companies in my constituency that the sector is growing and needs more support, and we are determined to deliver that.
(11 years, 6 months ago)
Commons ChamberI will not give way because other Members want to speak.
From the “The Spirit Level” by Wilkinson and Pickett through “Capital in the Twenty-First Century” by the current economic rock star Thomas Piketty to “The Entrepreneurial State” by Mariana Mazzucato, economists and social scientists are raising their voices against the claims from Government Members that inequality is good for growth. Recent analysis concluded that
“inequality is bad for both the magnitude and sustainability of growth”.
Before Government Members jump in, that is the view not of some left-leaning sociologist but of the International Monetary Fund.
Equally, President Obama’s chief economic adviser has said that reducing inequality is good for growth. In other words, we must not balance the efforts to reduce the deficit unfairly on the poor, as they are less likely to be in a position to reap the benefits of any growth that follows. None the less, that is exactly what the Government are seeking to do.
The new clause would make the impact of the Government’s policies absolutely clear. I know what the impact of their policies is from my Newcastle surgeries. One constituent who is on a low income uses his so-called second bedroom to store his wheelchair and oxygen bottles. The result is rent arrears and constant anxiety. The threat of eviction hangs over his head. He is only hanging on because he believes that the next Labour Government will abolish the hated bedroom tax. And yet, at the other end of the income scale, taxes are being cut. If the rest of the House does not join Labour in voting for the new clause, people will know what to think.
The next Labour Government will reverse the £3 billion tax cut for the top 1% of earners to ensure that the books are balanced in a fairer way. We will cut taxes for 24 million working people on middle and low incomes with a lower 10p starting rate of income tax. At the next election, the Labour party will put an alternative vision to this Government’s classic 1980s trickle-down economics to the British people. Our vision is to build a new kind of economy that works for communities and ordinary people, and that does not put a premium on social and economic inequality.
It is a great pleasure, as always, to follow my hon. Friend the Member for Newcastle upon Tyne Central (Chi Onwurah). New clause 14 is simple, and I cannot understand why the Government would not want to produce figures showing whether the 50p tax rate raises more or less money. When the Budget was announced, the Red Book stated that the tax cut would cost £3 billion. If politics is the art of the possible, it is also about priorities, and if we consider the priorities of this Government, we see clearly why that cut was unfair and should be reversed, and why the Government should accept new clause 14 and state why they think that lowering taxes for millionaires is the right thing to do.
We have already heard from my hon. Friend the Member for Newcastle upon Tyne Central about the bedroom tax—that was a priority introduced by this Government. The bedroom tax raises only 10%, if not less, of the £3 billion that the 50p tax rate cost. The use of food banks has exploded across the country in all our constituencies, which is a disgrace in a modern society, and people on welfare are waiting for their personal independence payment applications to be processed—at the current rate it will take perhaps 42 years. Tuition fees have trebled, which is hitting young people and aspiration in this country, and we have seen the NHS privatised, with money spent on a top-down reorganisation that nobody voted for. Those are the priorities that the Government have introduced, which is why it is important to get from them in black and white as part of the Finance Bill the implications of what a tax rate does, what it raises, what it does not raise, and how much other levels of tax could raise. It may be that some of the pernicious policies introduced by the Government could be reversed if they realised that they could raise more money from different levels of taxation.