Oral Answers to Questions

Debate between Kwasi Kwarteng and Iain Duncan Smith

Tuesday 22nd February 2022 Commons Chamber

[Sir Iain Duncan Smith (Chingford and Woodford Green) (Con)]

The other day I noticed that the Government said they were going to help and encourage people to invest more in the gas industry and help to produce more, but then I heard a statement contradicting that from my right hon. Friend’s Department. Will my right hon. Friend clarify whether the Government are prepared to see more gas extracted and greater licences?

[Kwasi Kwarteng]

I and my right hon. Friend the Minister for Energy, Clean Growth and Climate Change have been very clear about the course we want to pursue. We do not believe it is the right thing simply to switch off the oil and gas sector. Unlike many Opposition Members, we do not believe in simply an extinction of the oil and gas sector; we think oil and gas is critical not only to energy resilience but to developing new technologies such as carbon capture and blue hydrogen production. We have maintained that position consistently for the nearly three years I have been a Minister in this Department.

Oral Answers to Questions

Debate between Kwasi Kwarteng and Iain Duncan Smith

Tuesday 11th January 2022 Commons Chamber

[Sir Iain Duncan Smith (Chingford and Woodford Green) (Con)]

I point out to the Secretary of State that HSBC, a British-registered bank, is being reported as having invested in Xinjiang Tianye, which is a subsidiary of Xinjiang Production and Construction Corps, which has been sanctioned by our allies the United States for committing atrocity crimes, including slave labour and genocide. Will he call in the bank and ask it to explain itself, as it is in breach of the modern-day slavery rules?

[Kwasi Kwarteng]

My right hon. Friend raises a very serious point. Clearly, HSBC’s dealings with China are of commercial interest to it, but those dealings also have a wider implication. He will know from his experience that the Treasury has direct ownership of that relationship; I am discussing it with my right hon. Friend the Chancellor of the Exchequer.

EU Withdrawal Joint Committee: Oversight

Debate between Kwasi Kwarteng and Iain Duncan Smith

Wednesday 20th March 2019 Commons Chamber

[Kwasi Kwarteng]

On that list of questions, it would be absolutely customary and right for a Government Minister to make a statement when the Joint Committee had opined or made recommendations. That is absolutely in order. With regard to the hon. Gentleman’s request about a Committee, that is a matter for the House. It is not for the Executive to decide which Committees of this House can or cannot be formed.

We have ample and very full discussions with the devolved Administrations. They will of course be involved in aspects of the Joint Committee’s decisions, particular with regard to the question of Ireland and the backstop. There is no way, and this is carefully documented in the withdrawal agreement itself, that the Joint Committee would be making statements or recommendations about the backstop or any other matters relating to Ireland without, on our part, some representation and involvement of the Northern Ireland Government. On that question, I can assure the hon. Gentleman that there will be ample consultation and involvement of the Northern Ireland Assembly.

[Mr Iain Duncan Smith (Chingford and Woodford Green) (Con)]

I congratulate my right hon. Friend the Member for Rayleigh and Wickford (Mr Francois) on securing this urgent question, and you, Mr Speaker, on granting it. May I simply ask my hon. Friend on the Front Bench about a particular point that was made by my right hon. Friend and the Opposition spokesman? With regard to “situations unforeseen” when this agreement was signed, who decides what is unforeseen?

[Kwasi Kwarteng]

On that specific question, the Joint Committee will have a role in suggesting what has not been foreseen. This is a very hypothetical question. What I find so extraordinary in this whole episode is that all of this is contingent on the withdrawal agreement being passed, yet my right hon. Friends who are asking these questions have consistently voted against the agreement. It seems very bizarre to me—[Interruption.] No, the point is that there is no way, as the question from my right hon. Friend the Member for Rayleigh and Wickford suggested or seemed to imply, that this is some sort of mystical plot, as I have said, to undermine the democratic processes of this House. The Joint Committee will not be doing that. The British Government will be in wide consultation with the House, there will be ample room for debate and everything will be done with the utmost transparency.

Oral Answers to Questions

Debate between Kwasi Kwarteng and Iain Duncan Smith

Monday 8th December 2014 Commons Chamber

[Mr Duncan Smith]

I do not know whether the hon. Gentleman was listening to what I said earlier. The reality for us is that our youth unemployment is falling faster than anywhere else. Only a few countries in Europe actually have lower youth unemployment. I am determined to drive it down to the levels that other countries have. Our rate of youth unemployment is a success, and I honestly do not think that bogus schemes—they cost a lot of money, but do not get anybody into work—will do anything but instil a certain amount of apathy among young people.

[Kwasi Kwarteng (Spelthorne) (Con)]

Does my right hon. Friend believe that the Government’s success on youth unemployment shows that our long-term economic plan is working?

[Mr Duncan Smith]

It is true. Here is the long-term economic plan—a record employment level of 30.8 million, up 1.75 million since 2010; over three quarters of the rise in employment since 2010 in full-time work, and two thirds of the rise in employment in managerial, professional jobs; and the number of British people in work up by over 1 million in the past four years, two thirds of the total rise in employment.

Welfare Benefits Up-rating Bill

Debate between Kwasi Kwarteng and Iain Duncan Smith

Monday 21st January 2013 Commons Chamber

[Kwasi Kwarteng]

I could not have put it better myself. My hon. Friend has made an important point about employment, which touches on a wider point about the division between Government and Opposition. The Labour attempt to create a socialist state by means of Government spending led to absolute disaster, as it always does. We will not be able to create jobs simply by expanding the public sector ad infinitum; logic tells us that that is not going to work.

[The Secretary of State for Work and Pensions (Mr Iain Duncan Smith)]

I am pleased to note that my hon. Friend ascribes efficiency and a real plan to the Labour Government, but that great plan of theirs to create a socialist state ended in the payment of tax credits to people earning more than £70,000 a year. Who were they helping in that regard?

[Kwasi Kwarteng]

This is anecdotal evidence, but I was reliably informed that a couple of Liberal Democrat Members of Parliament were claiming tax credits on the basis that they were entitled to them. That is the sort of barmy universe that was constructed under the last Administration, and it is something that we have had to redress. When we consider matters such as those that we are considering today, we must always bear in mind that, given a budget deficit of £170 billion—more than 12% of GDP—it is very difficult to curb public spending sufficiently to enable the country to pay its way on a sustainable basis.