Achieving Economic Growth

Mike Amesbury Excerpts

Wednesday 18th May 2022 Commons Chamber

[The Chief Secretary to the Treasury (Mr Simon Clarke)]

It is a privilege to respond to this debate on behalf of the Government. I have to say that I thought that was an uncharacteristically poor speech by the shadow Chancellor, and one that failed to rise to the magnitude of the moment. In the shadow of the pandemic and with war on our continent, everyone understands that these are challenging times and that people are anxious about the future. The measure of a Government of any colour is the determination and imagination with which they respond to the challenges of the day. We responded quickly and comprehensively to the greatest challenge of our generation at the outset of the pandemic. Looking forward, we are helping to create the conditions for economic growth by investing in skills, helping businesses to grow and building the infrastructure that provides the backbone of every economy around the world. The crucial thing—the reason that today’s debate is so important—is that we focus on that growth, and this Queen’s Speech does just that.

Let me begin by noting that overall our economy has proved very resilient. Last year the UK was the fastest-growing economy in the G7. Growth in the first quarter—[Interruption.] If Opposition Members listened, they might learn something. Growth in the first quarter was stronger than in the US, Germany and Italy, and pushed output to 0.7% above its pre-pandemic level at the end of 2019. The IMF forecasts that the UK will be the second-fastest growing G7 economy this year, and that, after other economies have caught up as they recover more slowly from the pandemic, we will have the fastest growth in 2025 and 2026.

Far from the dire forecasts about unemployment in 2020 being realised, we see that unemployment has fallen back to just 3.7%, which is below pre-pandemic levels and the lowest since 1974. The fact that 12 million jobs and incomes were protected during the pandemic, that unemployment is now lower than before the pandemic and that we were the fastest-growing economy in the G7 last year is all thanks to the careful economic stewardship of my right hon. Friend the Chancellor and this Conservative Government.

[Mike Amesbury (Weaver Vale) (Lab)]

Given that inflation is now at 9%—I think that that is a 40-year high—does the Minister regret abandoning the triple lock and putting so many pensioners into poverty?

[Mr Clarke]

As I will set out during my remarks, we have to be very careful, in setting our tax and welfare policies, that we do not worsen the very problems we are trying to manage. That is an important dynamic that we have to hold in balance as we seek to set fair offers on all these subjects.

It is still little more than two years since the onset of the pandemic and, as the Prime Minister told the House this week, its impact has been enormous, with the largest recession on record requiring a Government response amounting to nearly £400 billion. As the House well knows, the Government moved heaven and earth to support our economy, doing things that only weeks earlier no one could ever have expected us to even need to do, and those efforts worked. Human nature being human nature, it is easy to take it for granted when disaster is avoided, but there was nothing inevitable about this. The House and this country owe my right hon. Friend the Chancellor our thanks for steering us through the situation in such strong condition. The challenges we face now are global in origin and impact. We are seeing inflation as a consequence of the unsteady and tentative unlocking of the global economy post-pandemic. One need only look at cities such as Shanghai to see how disrupted the global supply chains currently are. This is particularly concentrated in fields such as energy and food.

Oral Answers to Questions

Mike Amesbury Excerpts

Thursday 4th April 2019 Commons Chamber

[Mr Walker]

My hon. Friend raises an excellent point. As he will know, we set out to achieve a labour mobility framework that will allow for travel for short-term business visits. This is an important part of the next stage of the negotiations. The absence of a requirement for visas for short-term travel is a useful backdrop to that for both the UK and the EU.

[Mike Amesbury (Weaver Vale) (Lab)]

8. What recent discussions he has had with his EU counterpart on including dynamic alignment on rights and protections in the political declaration on the framework for the future relationship between the EU and UK.

[The Secretary of State for Exiting the European Union (Stephen Barclay)]

The United Kingdom has a tradition of exceeding EU standards. We do not need to follow EU rules to continue to lead the way. An example of that is that UK maternity entitlements are nearly three times greater than the minimum EU standard.

[Mike Amesbury]

Does the Minister agree with the TUC that the Government’s proposals on workers’ rights after Brexit are nothing but “flimsy procedural tweaks”? How will they be strengthened during current negotiations with the Leader of the Opposition?

[Stephen Barclay]

As the right hon. and learned Member for Holborn and St Pancras (Keir Starmer) knows, we had discussions yesterday and there will be further discussions today. I am sure that workers’ rights will be among a range of issues that we will discuss. The hon. Gentleman will know that the Prime Minister has already said that she will bring forward a package of measures to strengthen enforcement of workers’ rights, and that is in part following discussions that we have had with a number of Opposition Members.

Article 50 Extension Procedure

Mike Amesbury Excerpts

Monday 18th March 2019 Commons Chamber

[Mike Amesbury (Weaver Vale) (Lab)]

Can the Minister finally give the House the details of his spirit-of-optimism deal?

[Kwasi Kwarteng]

This is a quirk of my personality. I am an optimist by nature and I still believe that, until the end of the game, we cannot decide who the winner is going to be. I still believe there is a possibility that we will have a meaningful vote and it will get through this House.

Oral Answers to Questions

Mike Amesbury Excerpts

Thursday 28th February 2019 Commons Chamber

[Chris Heaton-Harris]

I should have what he had for breakfast more often, Mr Speaker. Unlike the hon. Gentleman, however, I am pretty aware of what my constituents voted for back in June 2016. I am pretty sure they wanted to leave the European Union. I am pretty sure they are pleased with the Norwegian sovereign wealth fund saying that it is going to invest billions of pounds in our country going forward. He should be positive about the future of the country and not such an Eeyore.

[Mike Amesbury (Weaver Vale) (Lab)]

11. What recent discussions he has had with Cabinet colleagues on the effect of the ongoing negotiations for the UK leaving the EU on investment and the UK economy.

[The Parliamentary Under-Secretary of State for Exiting the European Union (Chris Heaton-Harris)]

The Secretary of State has regular conversations with Cabinet colleagues on all aspects of our EU exit. The UK remains a great place to do business. Only yesterday, INEOS announced £1 billion-worth of investments in the UK oil and chemical industries, something I am sure the hon. Gentleman is about to welcome wholeheartedly.

[Mike Amesbury]

Yesterday, I met the Cheshire and Warrington local enterprise partnership, which told me how the Government’s prolonged approach to Brexit negotiations was already having a major effect on business decisions in our locality—this is a concern spread right across the UK. Will the Government act now to protect jobs in my constituency and elsewhere? Will they remove those red lines and negotiate a customs union, close ties with the single market and proper protection for workers?

[Chris Heaton-Harris]

I thank the hon. Gentleman for his question. I think he can probably guess part of the answer: the best way to do those things that he wants is to vote for the deal. May I gently remind him of something he tweeted in June last year? He wrote:

“I campaigned & voted to remain. As much as I don’t like the result of the referendum, as a democrat I have to respect it.”

He should do so.

Oral Answers to Questions

Mike Amesbury Excerpts

Thursday 1st February 2018 Commons Chamber

[Mr Alister Jack (Dumfries and Galloway) (Con)]

1. If he will make an assessment of the potential merits of seeking regulatory equivalence with the EU.

[Mike Amesbury (Weaver Vale) (Lab)]

18. What comparative assessment he has made of the potential merits of regulatory (a) alignment with and (b) divergence from the EU.

[The Parliamentary Under-Secretary of State for Exiting the European Union (Mr Robin Walker)]

We are fully focused on making the UK’s exit from the EU and our new trading relationship with the world a success. We have set out proposals for an ambitious future relationship with the EU that minimises regulatory barriers for goods and services. Our partnership should be underpinned by high standards, a practical approach to regulation, trust in one another’s institutions and a shared spirit of co-operation.

[Mr Walker]

Regulatory equivalence is about pursuing the same objectives, and as the Prime Minister outlined in her Florence speech, that could mean achieving the same goals by the same means or achieving the same goals by different means. It does not mean that we have to harmonise our rules with those of the EU. It is not a binary choice; we are proposing a bespoke, bold and ambitious free trade agreement between the UK and the EU, and we want to secure trade with Europe and with the wider world.

[Mike Amesbury]

By more than 2:1, members of the Institute of Directors would prefer the UK to maintain regulatory alignment with the single market rules for goods and services, rather than actively seeking to diverge after Brexit. Is that the Government’s aim as well?