Achieving Economic Growth

Ian Paisley Excerpts

Wednesday 18th May 2022 Commons Chamber

[Mr Rees-Mogg]

This Government are a free-trading Government, which is why we are negotiating around the world to improve access to other markets. That is a very important part of what Her Majesty’s Government are doing.

I wish to mention briefly one of the other things that came up in debate, which was on the issue of public sector fraud.

[Ian Paisley (North Antrim) (DUP)]

Before the Minister moves on, will he take the opportunity to welcome from the Dispatch Box the first overseas deal that was cut between Northern Ireland and Australia? Wrightbus, in my constituency, and Volgren, in Australia, are now going to put hydrogen buses on the streets of Australia. That has come directly as a result of our new ability to cut free trade deals.

[Mr Rees-Mogg]

That is particularly good news. It is welcome that Northern Ireland, where there are difficulties over the protocol, is seeing genuine benefit from our free trade agreements.

I wish to make a point about fraud, which was an issue raised during the debate. Two years ago, it was of fundamental importance to get money out to businesses quickly. That was the right thing to do and it was supported across the House. It is now right to follow up to make sure that all that money was used honestly, and that if people did not use it honestly, they are subject to proper processes. So £750 million of taxpayers’ money is being committed to following up on fraud. We are setting up a public sector fraud agency and we are working with the banks, who own the loans, to ensure that the bounce back loans are repaid properly and honestly. But it was right to get the money out quickly two years ago and everybody wanted to do it.