Debate on the Address Debate

Full Debate: Read Full Debate
Department: Cabinet Office
Tuesday 10th May 2022

(1 year, 11 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
John Redwood Portrait John Redwood (Wokingham) (Con)
- Hansard - -

Does the hon. Member not understand that this Gracious Speech is all about levelling up and giving people more opportunity, and that there needs to be a surge of private investment into these places, with better-paid jobs, better skills training and better education? That is the whole point of it. Will she support that?

Meg Hillier Portrait Dame Meg Hillier
- Parliament Live - Hansard - - - Excerpts

Well, if that is the whole point of it, forgive me, but I cannot see that. I have the privilege of chairing the Public Accounts Committee, in which we have looked at the towns fund and the levelling-up approach, and it is a chaotic policy. It is a headline without proper detail and analysis of how to deliver it. Outside London, only the Bristol area has seen economic growth. This has been a challenge for every Government over many decades now, but the idea that headlines saying it is going to happen mean it will actually be delivered is just for the birds.

We see the huge increase in private renters, yet there is no real support for them. Where is the security if people cannot afford to buy their own home and cannot qualify for social rented housing? In my constituency, that is in massively short supply in any case, with hundreds—thousands—of families living in massively overcrowded conditions. We have all been on the doorsteps a lot in the last week and it is always a privilege to meet constituents, but when I keep meeting constituents who I knew when their children were toddlers, and whose children, who are now young adults, are still sharing the bedroom—two or three of them—while their parents live in the living room, it is not good enough.

There is no hope for those people, because the Government’s proposed Bills will do nothing to enable councils to build that important social rented housing, to give better rights to renters or to provide a proper stepladder for people to purchase their own home. Every policy so far has fuelled the equity of those who already own their home, rather than giving a real leg-up to wannabe first-time buyers in constituencies such as mine, where—I have said this repeatedly in this House, but I repeat it again—a modern two-bedroom flat will be on the market for about £750,000. That is just for a two-bedroom leasehold flat.

As of June last year, the median house price in my constituency was £600,000, but in many parts of it I would struggle to find a property for that price. That is a huge increase—9.1% over the past five years. A house in Hackney costs more than 16 times the average Hackney salary. Hackney has a range of salaries, but there are a lot of people at the poorer end. One in 35 people in my constituency are officially recorded as being homeless or in temporary accommodation. That does not include those who are overcrowded because there is no space for them, or those with no recourse to public funds who cannot possibly afford to rent privately even though they are working. They could certainly never buy a property and, as we know, rents are very high. We need much better support, and there is no real solution in the Queen’s Speech.

Crucially, we need real support for a lost generation. Many people have been badly affected by covid, but I worry particularly about our children who have lost out on two years of education. Hats off to the teachers and schools that kept educating them, but for many children, however well the school did, if they did not have the technology at home and were clustered around one computer and a mobile phone with poor data, that would never be the same as a classroom experience. Schools did the best they could, and many did a very good job, but there is a challenge for children who lost out on education, and who, under the Government’s proposals, will go through the system without catching up.

I look forward to seeing what is in the Government’s Bill, but I have been talking to schools in my constituency about the cost of their energy bills, which is just one recent crisis. The cost increase on their energy bills means a choice between heating the school and keeping a teacher. It is either having our children freeze in a classroom but being taught by a teacher, or a warm school where children can concentrate on learning but they lose that crucial classroom teacher. That is the stark reality. I am happy to share with anybody in government the figures from schools that have provided them to me, and perhaps we could work together for a solution. It is vital that we pay the cost of catch-up. It is taxpayers’ money well spent to invest in the generation that will be the engine and the entrepreneurs of our future. My constituency may be poor, but there is no poverty of aspiration, and unless we give those children a leg-up and catch-up now, they will not get the advantages they should have.

We have seen the complete failure of the tutoring scheme, which the cross-party Public Accounts Committee highlighted as a concern early on. We said, “Where are these tutors who will go in and tutor?”, and of course that contract has been axed. We still need a lot of support. According to teachers in my constituency, children in years 7 and 8 are having to be taught how to do decent handwriting because they missed those crucial years at primary school. In some areas, pupils in years 7 and 8 are losing out because the qualified teachers are focused on the exam years. We all want our children to succeed, and the Government need to ensure that school funding is properly resolved. That funding has fallen in real terms per pupil by 1.2% for the most deprived fifth of schools, but has increased by nearly 3% for the least deprived fifth of schools. Is that levelling up? It does not look like it to me. The Prime Minister purports to be an intelligent man, and I am sure he can do the maths and work out that that means an awful lot of children are losing out.

I was pleased that the victims Bill is finally—finally!—perhaps going to appear. It has only been in three manifestos and four Queen’s Speeches. This is a crucial problem. My Committee has looked at the backlog in the criminal courts, and there are many factors behind that, some of which cannot be resolved through legislation. The sheer grind of day-to-day delivery and the governance of decent public services seems alien to the Prime Minister and his Front Bench. That aside, we need the victims Bill to support victims better. For example, a woman in my constituency was violently attacked by her partner in front of her seven-year-old daughter. She went to the police. The court case was set for two years after that violent attack, and it is no surprise that her partner has repeatedly broken his non-molestation order because he feels that he can get away with it scot-free. That is happening to victims of domestic abuse up and down the country. She has said to me, “I just want to move. I want shot of this. I don’t want to be reliving this, nor do I want my daughter to relive this over the next two years.” If the victims Bill is to mean anything on domestic violence, it needs decent options on alternative housing for victims, because so often that is the break that those people need, but they cannot get it. In my constituency, with such a shortage of housing, that is a huge and ongoing issue.

--- Later in debate ---
David Davis Portrait Mr Davis
- Hansard - - - Excerpts

The right hon. Gentleman is exactly right. If we increase national insurance for a large part of the population, and so increase their suffering and their inability to eat and to heat their house at the same time, but drop income tax one year before an election, I am afraid that would be seen in the working men’s clubs of Yorkshire as a cynical deployment of state power. I suspect it would be the same in Belfast and the rest of Northern Ireland, where, as we have heard already, the problem is even bigger than in the rest of the United Kingdom. He is right, and that is why we should give the people their money back now. My right hon. Friend the Member for Wokingham (John Redwood)—

John Redwood Portrait John Redwood
- Hansard - -

rose—

David Davis Portrait Mr Davis
- Hansard - - - Excerpts

I was about to quote my right hon. Friend; I give way to him.

John Redwood Portrait John Redwood
- Hansard - -

Does my right hon. Friend agree that as there will be a big windfall element from extra North sea oil and gas taxation—there is already a double corporation tax windfall element, and there will be a big increase in VAT on domestic heating and a big increase in tax on pump diesel and pump petrol—that money, at least, should be given back through other tax bills?

David Davis Portrait Mr Davis
- Hansard - - - Excerpts

My right hon. Friend is right. He has been the icebreaker in this argument, which I refer to as the Redwood argument. We have record tax collections this year because of fiscal drag and for a variety of other reasons, including underestimates by the Treasury. That is money that we should give back to the people. We do not need to balance the budgets twice over. We need to get that right.

There are respects in which we need to reinforce or increase what is in the Queen’s Speech. My favourite line in the Queen’s Speech is the same every year:

“Other measures will be laid before you.”

We are Conservatives. We believe in a property-owning democracy. Governments of all powers and all persuasions for 30 or more years—since Margaret Thatcher, in truth —have failed on that issue. Two thirds of my generation bought their own home; today it is a quarter. That is a scandal. I approve of the Prime Minister talking about the right to buy for housing associations—I should do; I first came up with the policy in 2002 when it was my responsibility, and we still have not implemented that policy. However, it will not solve the problem. We are at least a million houses short, in a period in which the population has increased by 7 million. We are about 100,000 houses a year short in what we are constructing, in addition to that million.

We need to find a way of addressing the issue that does not hit what people call the nimby problem, in which people, when objecting to things, talk about protecting their environment. We need to find a way around that, and we need to look very hard at what was done in the 1920s with garden villages and garden towns. We need to use the increased wealth that they create to pay for the community centres, surgeries, schools, roads and wi-fi that are necessary. There would be plenty of added value to make the farmers rich at the same time. Politically, it would not be straightforward, but it would be an easier policy than we might think.

We Conservatives are also believers in social mobility. I think all Members are believers in social mobility. We used to be the best on that in the developed world; now we are among the worst. When inequality is greater, social mobility is more important. Indeed, the only real moral argument for an unequal society is that everybody has an opportunity and a chance to take part. In the last 20 years or so, the top 1% of the population have roughly trebled their income whereas the median has roughly flatlined, so there is a stronger argument for social mobility today than there was before.

The best mechanism for social mobility is the education system, and there are some good proposals in the education Bill in the Queen’s Speech. Adding to the academy system will help at the margins, however, and will not solve the problem; it has not solved it for the last 20 years and it will not solve it now.

The great scandal is that half of children from free school meals families are failed by the education system by the time that they are 11. They cannot meet the requirements in English or mathematics to make progress in education, so their lives are effectively over in terms of social mobility at that point. We need to get a grip of that, which means re-engineering our classrooms and helping our brilliant teachers with more artificial intelligence, more software support and more augmentation. The technology is there now—it exists, it is proven and it is available. I hope that the House will not laugh too much when I say that I went to see it demonstrated at Eton of all places, where it was brilliant at bringing on the weakest children.

--- Later in debate ---
Jeffrey M Donaldson Portrait Sir Jeffrey M. Donaldson (Lagan Valley) (DUP)
- Parliament Live - Hansard - - - Excerpts

It is a pleasure to follow the right hon. Member for Haltemprice and Howden (Mr Davis), and I thank him for the support he has given us over the years in the Northern Ireland in particular.

Can I add my voice in paying tribute to Her Majesty the Queen in this her platinum jubilee year, on behalf of my right hon. and hon. Friends and the people of Northern Ireland and in particular on behalf of the residents of Royal Hillsborough in my constituency? We look forward to Her Majesty being able to travel to Northern Ireland again in the near future to stay with us in Hillsborough and meet again the very proud citizens of that village, who have recently been accorded royal status.

Much has been said already, about the focus on the health of our citizens and on the cost of living crisis in particular, which is important for the Government going forward. Recently, in the Assembly elections, the local political parties in Northern Ireland were very much focused on these issues. As I campaigned across Northern Ireland, I met many people who are concerned about their ability to pay their bills or about how long they are going to be waiting on our health waiting lists. Sadly, we have the longest waiting lists in the United Kingdom, even though we pay more per capita into the health service than any other part of the United Kingdom. I think that flags up the need for reform of our healthcare system in Northern Ireland, alongside much-needed investment in that system.

We as a party are committed to that, and we are also committed to ensuring that measures the Government bring forward here at Westminster are applied to all parts of the United Kingdom in supporting hard-pressed families and working families during this cost of living crisis. I hope any measures introduced by the Government, and any spending commitments that apply to them, are applied across the United Kingdom, and of course that the Barnett consequentials are made available to the Northern Ireland Executive.

It is a matter of regret that, at this moment in time, we have a political crisis in Northern Ireland. That political crisis is born out of the reality that while the Government talk about taking back control of our borders, our money and our laws through Brexit, in Northern Ireland—our part of the United Kingdom—we have not yet completed that journey. As my right hon. Friend the Member for East Antrim (Sammy Wilson) reminded us, I have now been elected to a Northern Ireland Assembly that is the legislature for Northern Ireland dealing with those devolved matters that are not principally a matter for this House. Yet many of the regulations that apply to trade in Northern Ireland and to business in Northern Ireland are enacted by the European Parliament and the European Commission, and not a single citizen of Northern Ireland and not a single elected representative in Northern Ireland has any say in how those regulations are drawn up, so we have not entirely taken back control of our laws.

John Redwood Portrait John Redwood
- Hansard - -

Is it not a disgrace that we can want to cut VAT in the United Kingdom, but we are not allowed to cut it in Northern Ireland? In what sense is the EU honouring our internal market and our constitutional arrangements?

Jeffrey M Donaldson Portrait Sir Jeffrey M. Donaldson
- Hansard - - - Excerpts

Of course, the right hon. Member is correct: the EU is not doing so. I have listened to some Members of Congress, for example, lecture us on the need to abide by the protocol and to implement the protocol, yet this is a nation founded on a campaign of “No taxation without representation”. What do we have in Northern Ireland? We have tax laws—on VAT, for example—that apply to Northern Ireland, but we have no representation in how those laws are enacted. That is not the essence of democracy.

That is important because, in this Queen’s Speech, the Government state the measures they intend to take—for example, to help small businesses, to reduce regulations and to alter the way business is regulated—and one of the benefits of leaving the European Union is that we have more control over how we regulate our businesses. That will not apply to Northern Ireland, however, because we are regulated by the European Union for the manufacture of goods, for example, and we have to comply with EU standards, which means divergence from our main market—Great Britain.

We purchase four times more goods from Great Britain than we do from the European Union in its entirety, and we sell far more goods to Great Britain than we do to the whole of the European Union as well. Yet we find that the Irish sea border, this trade border within our own country, is harming our economy, damaging the ability of our businesses to expand and invest, and costing them more. I recently heard from one company, a small manufacturing business in Newtownabbey in the constituency of my hon. Friend the Member for South Antrim (Paul Girvan). It told me that in the first year of the operation of the Northern Ireland protocol, the additional costs of bringing component parts from Great Britain, transportation costs, delays in getting the goods in, additional paperwork and customs fees amounted to more than £100,000 for that small business alone. That is costing it jobs and means it cannot invest in the expansion of its business. This is harming business in Northern Ireland, and peace and prosperity go hand in hand.

A stable Northern Ireland does not just depend on the absence of violence; it depends on the growth of our economy, on creating jobs for our young people, and on giving them hope for the future. The protocol is harming our ability to do that because it is harming our access to our biggest market, in Great Britain.

--- Later in debate ---
Andrea Leadsom Portrait Dame Andrea Leadsom
- Hansard - - - Excerpts

I share the hon. Gentleman’s concern about the Northern Ireland protocol. I am absolutely determined that there should be no barriers to internal trade or any other form of union between all the component parts of the United Kingdom.

John Redwood Portrait John Redwood
- Hansard - -

Given how the EU always wants everything in Northern Ireland to be aligned with the Republic of Ireland, does my right hon. Friend think that it might be a good idea to add to that freeport the same corporation tax rate as the Republic has, because that seems to me to be the one thing that it is actually getting right?

Andrea Leadsom Portrait Dame Andrea Leadsom
- Hansard - - - Excerpts

My right hon. Friend makes a very good point, which emphasises my view that Northern Ireland could be considered as a freeport to have a beneficial corporation tax rate and other regimes to encourage more jobs and growth and more spread of business right across the United Kingdom. I agree with him.

I will finish, Madam Deputy Speaker, by—[Interruption.] There are two Madam Deputy Speakers here, how wonderful! I will finish by talking about what I think is the greatest levelling-up policy, which is—this will not come as a surprise to anyone in the Chamber—the best start for life. When we human beings are born, we do not have any cognition. We do not know that someone is our mum. We do not know that we are wet, cold, tired, hungry or bored. We do not know anything—[Interruption.] The hon. Member for Birmingham, Yardley (Jess Phillips) says, “Of course we know it is our mum”, but we do not actually. A baby does not know that someone is their mum. They know that that person is an important creature to them, but they do not know that that is their mum, and it is very important to make that distinction.

Babies adapt to the environment in which they find themselves, so if we want to level up, it is critical that in everything we do we provide support for families of all shapes and sizes to give their babies the best start for life. There may be those who do not understand about sleeping, crying or weaning, who may have relationship difficulties with their partner because of the stresses of a new baby in the household, or who may not know what a baby’s stage of development should be and may therefore miss an important problem with their tiny baby that could be easily resolved if tackled straightaway. I know that there is a shared desire across the House for much, much better support. Nothing could be more important for levelling up than giving every baby the best start for life.

--- Later in debate ---
John Redwood Portrait John Redwood (Wokingham) (Con)
- Parliament Live - Hansard - -

I have declared my business interests in the Register of Members’ Financial Interests.

I welcome much of what is in the Gracious Speech. I welcome the emphasis on growth, because we need growth to deliver on many of the other ambitions for levelling up and for better public services. I think the Government are right about the need to revisit rules and laws to promote better transport, to deal with difficulties in housing and planning, and to pursue a course of greater self-sufficiency in energy. However, I want to concentrate mainly on the economic conditions that they will need over the next two years in order to make a success of this legislative programme.

Legislation takes us only a little way. What we are trying to do through legislation is create conditions in which business can flourish, people can train and acquire better skills so they can secure better-paid jobs, and investments can be made. We will not level up all the mighty cities and towns of this country that are below average with public spending; we need to level them up with ambition and private investment. We need to see people going on their own personal journeys to develop their own businesses, to reach a point at which they can afford their own houses, and to secure enough training and qualifications to be able to obtain decent, high-quality jobs. That is how the successful parts of the country have managed to give many more people higher incomes and better living standards. Those are the parts of the country that worked to attract the people with the energy and the talent, or have given the people who are already there more support. We need to think about how we can provide such support and encouragement more widely around the country.

Michael Fabricant Portrait Michael Fabricant (Lichfield) (Con)
- Hansard - - - Excerpts

My right hon. Friend is echoing the words of the Mayor of the West Midlands, Andy Street, who has said that it cannot be Governments who create wealth; we merely have to provide the opportunity for businesses and individuals to create that wealth.

John Redwood Portrait John Redwood
- Hansard - -

I am glad that all three of us agree on this matter, and we can proceed on that basis.

So what do the Government need to do? My first recommendation to my right hon. Friend the Chancellor is that he needs to have a new framework for the conduct of our economic policy. We are still running on Maastricht-lite. We still think that the way in which to control the economy is to control the debt and the deficit. I have news for the Chancellor: if we get growth and inflation right, the debt and the deficit will come closer to taking care of themselves. If we get the growth right, we will have much less of a problem with the debt and the deficit.

In the last year, when the United Kingdom led the growth tables for the advanced world, an unremarkable thing happened. It seemed very remarkable to the Treasury, but it seemed unremarkable to me. The deficit came tumbling down. According to one set of figures—and they still keep changing—it came in at £90 billion below the Office for Budget Responsibility and Treasury forecast, because with more growth comes more activity, more incomes and more spending, so the Treasury can collect more VAT and income tax. It was mainly extra revenues that came in, because we had that faster growth.

In my view, the debt and the deficit matter but should be subsidiary. The two main aims of economic policy should be a 2% inflation target, embedded as a Government target as well as a control mechanism on the Bank of England, and a complementary 2% growth target—not that exacting in the context of 20th-century experience in the United Kingdom, but fairly challenging in the context of the current century’s experience because of the disfiguring effect of the big banking crash and great recession in the middle of its first two decades.

Let me deal first with inflation. Once it gets out of control, it is extremely damaging to everything. It ends up causing shortages on the shelves, lack of supply, businesses crashing, and people being thrown out of jobs. We do not want to get into the accelerating double-figure inflation that some countries have suffered all too much. Anyone who wants to see what happens with the playbook should look at what is happening in Turkey at the moment, and at what has happened, on a grotesque scale, in Venezuela, where the generous state kept printing and kept borrowing and ended up destroying more than half its national income and much of the potential of the oil industry, which used to pay for everything because it was nationalised and incompetently run.

Those extreme versions need to be ruled out, and of course the amount of money created needs to be controlled; you need to keep an eye on when you can afford to borrow in the public sector and how much. However, that is a second-order issue in comparison with promoting growth and inflation targets as the main aims. The inflation target cannot simply be delivered by a central bank. Unfortunately, the Bank of England made a policy error, to which I drew attention beforehand last year. I think that it went on printing money for longer than it should have, and that its policy was too loose for too long. I was fully behind its huge injection of money and ultra-low interest rates in the previous year because of the huge shock administered to the economy, but it now looks as though it made a mistake, which it has subsequently corrected. It should not overdo it, though. It is no longer printing any money in excess, it has put up interest rates on three separate occasions, and money growth is now much more constrained in our country; but the Government must also put their shoulder to the wheel to curb various types of inflation.

At present one of the inflationary factors hitting, in particular, the budgets of those in the lower income areas is the huge price inflation in energy and food. That is caused by supply shortages. We were already pretty short of energy in western Europe because of the policies being pursued and because of the lack of natural resources on the continent, where there is not any, or much, oil and gas outside the Netherlands. We were already very short of basic energy. Then, of course, the dreadful invasion of Ukraine came along and caused so much damage—most directly to the people there who have such dreadful shocks from it, but there has been a wider economic shock for the rest of us. As a result of policy, Russian oil and gas are being gradually withdrawn from our supply systems, so we have exacerbated the shortage, for understandable and good political reasons, to try to help Ukraine in its battle against the Russian invasion.

As for food, we see a shortage arising as markets are heralding the sad likelihood that there will not be a lot of crop coming out of Ukraine this year and that a big source of edible oils and of grains will not be producing and exporting in the way that the world market needs, so we see great price pressures there.

So there is a need to engage Government, and I am pleased to see that the Government are working towards energy self-sufficiency and more food production. Those are crucial as a response to what has just happened and as security for the future. If we want to keep inflation down in the future, the one thing we can rely on is producing more of our own energy and growing more of our own food, which will give us more control over the pricing, particularly with something like gas, which of course is traded on the world market only to the extent that there is either pipeline capacity or liquefied natural gas capacity, so a lot of the gas cannot be traded internationally. American gas cannot be sent to Europe in huge quantities because there is no pipeline, and there is a limited amount of LNG capacity. America has much lower gas prices—and nothing like the cost of living problem that we have with energy—as a result of producing a lot of its own gas and therefore having a domestic market that clears at a lower price than the current very spiked world gas prices. I trust that the Government will pursue greater national self-sufficiency in key areas, including not only basic energy and food—we can grow a lot more of our temperate food—but crucial technologies, which the Government are becoming increasingly sensitive about.

I trust that when the Government turn their mind to the detail of their energy legislation, they will use it to facilitate the production of more domestic oil and gas. I think there is more general agreement today, after the debates of recent months, on the proposition that we ought to re-enter the North sea and that, instead of overseeing a pretty rapid rundown in its output, we should go through a transitional period, maybe this decade, and get more oil and gas out of the North sea. That surely makes more sense. It makes green sense because the CO2 output created by burning our own gas is considerably less than that of the elaborate process of carrying it halfway round the world and having it compressed and decompressed so that it can travel as LNG. It is about half the CO2 generated.

More importantly from the point of view of levelling up and growth in our public finances, we would be paying the tax to ourselves. All gas and oil attracts massive taxation from the countries that have the good fortune to produce it. If we buy gas from Qatar—or when we were buying oil from Russia—we pay them a huge amount of tax, which is revenue that we could pay to ourselves if we developed more of our own production. Our own Treasury could then either spend it or give it back to us in some other form, such as a rebate or grant.

There is a more sensitive issue about onshore gas, and people are often rather opposed to that idea. I suggest that no landowner or council should be made to have onshore gas production if they do not want to. That would be a democratic decision over permissions and it would be a decision of those who have the land or property nearby as a result. I think that some areas would have it—suitably protected and environmentally tailored, as it could be. We already have some onshore oil and gas. Wych Farm, for example, is in a very beautiful part of the world and it produces oil quite happily onshore. The Government need to put into law a framework where landowners and communities that agree to participate in onshore oil and gas development should receive a participation in the royalty of some sorts, or free gas to consumers, or whatever.

Jeremy Corbyn Portrait Jeremy Corbyn
- Parliament Live - Hansard - - - Excerpts

I am interested in what the right hon. Gentleman is saying. I assume he is talking about fracking when he talks about onshore gas production, and suggesting that we leave it to individual landowners and local authorities, but the polluting effects of fracking do not stop at the borders of somebody’s land or at a local authority border. Fracking pollutes the aquifers and it can and does create earth tremors that go well beyond all that. It is surely a matter of national policy that we do not pursue this short-sighted avenue of trying to get gas, and that we look at better methods of conservation and more sustainable methods of generating our energy.

John Redwood Portrait John Redwood
- Hansard - -

I do not know whether the right hon. Gentleman has a gas boiler, but I expect that most people in this House have gas boilers at home, as I and most of my constituents do. That gas needs to come from somewhere. I will not go into the details of the techniques needed for reservoir management, because that obviously depends on the structure, the flow rates and the nature of the stratum in which you find the gas, but a range of techniques can be used if gas or oil is shy in coming out of a reservoir that has been developed over many years.

Of course, like the right hon. Gentleman, I want this to be regulated. There must be no pollution of watercourses. Fortunately gas strata and water are often well divided in the United Kingdom—rather more so than in the US, where there has been a gas revolution onshore without polluting the water supplies or causing great environmental health problems. Of course that needs to be properly regulated—it is strictly regulated at the moment—and we need to review those regulations to ensure that the No. 1 priority of public safety is guaranteed and that the No. 2 priority, the desired effect of getting some gas out, assuming public safety is guaranteed, is also taken care of. I would have thought that the right hon. Gentleman would like the idea of a big new source of oil or gas tax revenue that stayed in the United Kingdom rather than being paid to Qatar or Saudi Arabia.

Andrea Leadsom Portrait Dame Andrea Leadsom
- Hansard - - - Excerpts

My right hon. Friend and I have talked a lot about community support for onshore projects. Would he agree that another such area could be deep geothermal, which the Business, Energy and Industrial Strategy Committee is looking into at the moment? It could offer fantastic potential for sourcing new forms of renewable heating.

John Redwood Portrait John Redwood
- Hansard - -

I would love to hear about that. Unfortunately I was in this debate so I was unable to get to that particular Committee, but I will catch up with my right hon. Friend elsewhere to discuss that because I know you wish me to move on, Madam Deputy Speaker.

One last point, if I may, is about housing and planning in my own constituency of Wokingham. We are very generous and we accept a large number of new people joining our communities, as they would like to do. We accept well over 1,000 new houses being constructed in the constituency every year, but I do not think we should want to keep all of that to ourselves. The kind of housing that attracts people who can provide leadership and better jobs and who can set up businesses needs to be spread more broadly. The planning rules need to be revised so that we can use the planning system to reinforce the wish to level up, with some of the really important private sector housing investment going to the places that really need it, rather than having an awful lot in places that have done pretty well already and are finding that the pressure on public services, roads, transport, railways and so forth is just too much and that the infrastructure is not catching up.

This was a good Queen’s Speech. It needs economic success and a policy based on going for growth. It also needs a policy that deals with supply-side shortages and a policy based around lower taxes, because we need to give something back now to start to lift the cost of living crunch.