Ukraine

Lord Davies of Brixton Excerpts

Friday 25th February 2022 Lords Chamber

[Lord Davies of Brixton (Lab)]

My Lords, I want first to say how much I have valued the opportunity to listen to your Lordships’ House and gain from the experience and profound knowledge of what has taken place. I join everyone in being clear that Putin’s attack on Ukraine is an unprovoked and unjustifiable violation of international law, for which we hope he will in due time be held accountable. It breaks multiple treaties and international commitments, including the founding principles of the UN charter, which we all support. The attack on Ukraine is an attack on democracy.

We have no choice but to support the Ukrainian people, so our job today is to make that support clear and unambiguous. Conclusions on what lessons can be learned from how we arrived at this situation can be left until later but, in offering our support, it is crucial that we are honest with the Ukrainian people and with our own people. We need to tell people about the costs that will be involved. What price are we prepared to pay? What price are the people of the United Kingdom prepared to pay to support Ukraine? There is no doubt that there will be a cost, so let us not pretend otherwise. I very much welcomed the remarks of the noble Lord, Lord Tugendhat, who highlighted that issue. Effective sanctions will impact on us as well as on the Putin regime. They will have a cost. A financial cost will fall on all of us, and not just from even higher energy costs; there will also be an impact on jobs and individual incomes as effective sanctions impact on us as well as Putin.

I want to make it clear that I believe we should be prepared to meet these costs in the interest of freedom and democracy, but they must be shared fairly and the heaviest burden must fall on those with the deepest pockets. What this requires is redistribution of the burden, and this can be achieved only by higher taxes on those who can afford to pay the most to help those with the least. We should look to those who have profited from the Covid pandemic; not least, we should look at the oil and energy companies that stand to make even greater profits from the new crisis. The case for a windfall tax is even more compelling. When the Government talk about effective sanctions, they have to make clear that they are prepared to will the means as well as the ends, while protecting those least able to pay.

There is, however, another cost that we might be asked to pay: a human cost in terms of death and injury. Without taking this issue too far today, I have considerable concerns in this area, particularly given Putin’s unambiguous threat to use nuclear weapons. We have treaty obligations that we must fulfil but we need deep and careful thought before we go any further. History teaches us that it is all too easy to stumble into conflict with devastating consequences.