(7 years, 6 months ago)
Commons ChamberI believe that before that first televised debate, Richard Nixon was well ahead of John F. Kennedy, and it was seeing the performance of the candidates that led the American people to vote for John F. Kennedy. Does the hon. Gentleman share my profound relief that the American people voted for John F. Kennedy, not Richard Nixon?
Yes, as my hon. Friend has just said, it was President Nixon who got America out of Vietnam after the Democrats had taken it in, but that is a side issue. The hon. Gentleman is absolutely right that that debate did have an effect. Actually, people believe that Nixon won on the radio, but Kennedy won on television, so it had an influence. Nevertheless, I think that that result was more about the issues involved and what an interesting campaign it was. It may well have been a mistake of Nixon’s to travel to every state in the US, as he promised, rather than to concentrate, as we would do today, on what people would call the marginal states. The hon. Gentleman will also remember that there was some debate about whether Kennedy actually had won, or whether Nixon had won. Nixon had the good grace not to challenge the result.
Let me move on. Would it not have been wonderful to see Thatcher versus Callaghan in a debate? Or Major versus Kinnock? Or Blair versus Hague—would not Blair versus Hague have been a wonderful experience? It might not have changed the result of the general election, but people would have been much better informed by it. I think people would have paid to see that debate.
(9 years, 8 months ago)
Commons ChamberThere are a number of organisations that we are part of as members of the European Union. As part of the work that we are doing to look at the United Kingdom’s future after we leave the European Union, we are looking at the arrangements we can put in place in relation to those issues. The pharmaceutical industry in this country is a very important part of our economy, and the ability of people to access these new drugs is also important. I assure the hon. Lady that we are looking seriously at this and will ensure that we have the arrangements that we need.
My hon. Friend raises an important issue. He has long been a champion of entrepreneurship in this country, and I can tell him that in the industrial strategy we are committed to providing the best environment for business. The Treasury has established a patient capital review, for example, with a panel chaired by Sir Damon Buffini to look at the barriers that exist to long-term investment. We are also increasing investment in venture capital by the British Business Bank by £400 million, and that will unlock £1 billion of new finance. The Treasury is going to be publishing a consultation in the spring examining these issues, and I am sure my hon. Friend will wish to contribute and respond to that.