(2 years, 2 months ago)
Commons ChamberI am grateful for that intervention and I will deal with it in full, because it is a very important point. Nuclear is vital to our future, and a new generation of power plants should have been built by now. Yesterday, the Prime Minister desperately tried to blame Labour, and that intervention goes to that point. I remember the exchange across the Dispatch Box in 2006 when Prime Minister Blair said that he was pro-nuclear, and the Leader of the Opposition, David Cameron, did not know where to look. If Members have not seen the clip, they should have a look. The uncomfortable truth for Members opposite is that the last Labour Government gave the go-ahead for new nuclear sites in 2009. In the 13 long years since then, not one has been completed.
Tony Blair may have said that he was pro-nuclear, but he did not actually build any nuclear power stations.
On the windfall tax and the £170 billion that the Leader of the Opposition mentioned, it is my understanding that most of that is not profits of UK companies but from energy supplied to the UK, and it is not within our ability to tax it. We already have a windfall tax that taxes those profits at 65%. How high does he think a windfall tax should go?
What was the Conservative party’s position on nuclear when David Cameron was asked the question in 2006? He did not have a position on it. I think the right hon. Gentleman is wrong about the £170 billion. If there is any doubt, I invite the Treasury to disclose the documents so that we can all evaluate them.
(3 years, 4 months ago)
Commons ChamberI start by thanking you, Mr Speaker, and hon. Members from across the House for ensuring that this debate took place today. In particular, I thank the right hon. Members for Sutton Coldfield (Mr Mitchell) and for Maidenhead (Mrs May). I think they are the “lefty” propagandists that the Prime Minister was talking about a couple of weeks ago. I have to say that if the Prime Minister had confidence in the arguments he is making to this House, he would have given way to them a moment ago so that his arguments could be tested. He does not have confidence in them, otherwise he would have done so—that is obvious already. However, we do welcome the chance to debate this motion.
The motion is broad and, if I may say so, from this Prime Minister it is typically slippery. The House should have had the opportunity for a straight up/down vote on whether to approve or reject the Government’s cut to overseas aid to 0.5%. This motion does not do that. But the Chancellor’s written ministerial statement is clear: if the motion is carried, the cut in overseas aid to 0.5% will effectively carry on indefinitely. I will expand on that point in just a moment—[Interruption.] I will expand on that point and take interventions on it.
Will the right hon. and learned Gentleman give way?
I am going to develop that argument. When I get to it, I will give way so that that argument can be tested, in the usual way. But if the motion is rejected,
“the Government would consequently return to spending 0.7% of GNI on international aid in the next calendar year”.—[Official Report, 12 July 2021; Vol. 699, c. 4WS.]
Let me be clear: Labour will vote to reject this motion tonight and to return overseas aid to 0.7% of GNI.
I am going to summarise my argument—[Interruption.] I am going make my argument, and when I get to the relevant part, I will take interventions.
The case that we make is this: first, that the cut is wrong, because investing 0.7% on international aid is in Britain’s national interest; secondly, because the economic criteria set out by the Chancellor would lead to an indefinite cut that is likely to last beyond this Parliament; and, thirdly, because it matters that this House keeps its word to the voters who elected us. Every Member here—every Member here—was elected on a manifesto to retain the 0.7% target, and it matters that we keep our promises to the world’s poorest, particularly at such a time of global uncertainty.
I am grateful to the right hon. and learned Gentleman for giving way. I agree with him about keeping promises, and Conservative Members were also elected to keep fiscal promises to reduce our debt and not to borrow for day-to-day spending. I hope in his remarks he will set out, given that he is not going to support this motion, which areas of spending he is going to cut to pay for it or which taxes he is going to raise. If he does not do either of those things, then I am afraid his promises and his vote today are hollow, and no one will believe him.
I have to say that it is a bit rich from someone who may break the manifesto commitment to say that the vote today and the words today are hollow, but just to take that straight on, it is a false economy, I am afraid. Cutting aid will increase costs and have a big impact on our economy. Development aid—we all know this—reduces conflict, disease and people fleeing from their homes. It is a false economy to pretend that this is some sort of cut that does not have consequences.