(11 years, 4 months ago)
Commons ChamberI think the hon. Gentleman has been persuaded by my argument and might decide to join us in the Division Lobby. I hope others do, too, because, on this question of fiduciary duty, if an MP is remunerated, sometimes very substantially, it will create the perception that they might be tempted to calculate the impact of a particular proposal on that income before deciding how to vote. I do not suggest that any MP has ever done such a thing, but in the public mind, that is a widespread view. If we cannot agree this afternoon, Government Members should at least reflect on that.
MPs’ other activities, including remunerated activities, can be taken into account in any new rules we might agree. For the vast majority of MPs, our proposals should be very simple and make no real changes to how they go about their work. Without robust regulation, however, the perception will continue that politics works for a tiny closed circle of people at the top of our society, but not for the millions of hard-working people who play by the rules yet find it increasingly hard to get by, and that brings me to the kernel of my argument. Millions of people play by the rules, but feel that they are getting a really rough deal, while also believing that there is a different set of rules for others, particularly those at the top. We politicians must take account of that public mood. It is time we stepped up to the mark. Precisely because it is we who set the rules, the rules have to apply to us above all.
Will the hon. Gentleman give way?
No, I have almost finished and others want to speak.
Every single one of us feels great pride whenever we enter or leave the Chamber, and we all believe that if politics works properly, we can make our world a better place.