International Development

Mike Kane Excerpts

Thursday 19th March 2026 Commons Chamber

[Yvette Cooper]

Again, I gently remind the Front-Bench spokesperson that the Liberal Democrats were part of the coalition that cut the UK’s defence budget by £12 billion. She wants a more independent defence policy, but she has no serious plans to pay for it and she has never confronted the difficult choices that responsible Governments must take. On the Thursday issue, it is a working day in Parliament and she ought to take it seriously.

As a result of all these changes, we expect to be the fifth largest funder of international development, which is a sign of how seriously we take it. Many of the reforms that we are leading are driving greater impact of decisions and policies for other areas and countries to follow. Through more partnerships, with a greater focus on investment, we are increasing capabilities in and strengthening countries across the world. We are increasing our work on conflict prevention at a time when conflict and atrocities have escalated across the world. We are making a substantial, multibillion-pound investment in climate and nature, along with international investment. Prioritising reforms such as those to the World Bank will allow it to substantially increase its investment in some of the lowest-income countries in the world by multiple billions of pounds, which will help improve development, jobs and opportunities. We are also working in partnerships with countries.

There are difficult choices to be made, but a responsible Government cannot shy away from those difficult choices, and that is why we are supporting and championing international development alongside increasing investment in defence.

[Mike Kane (Wythenshawe and Sale East) (Lab)]

As a former shadow International Development Minister, I know that one issue our nation has not grappled with is that 90% of the usurious levels of debt repayments for the poorest nations across our planet are governed by English law through the City of London. We could raise millions out of poverty without spending a penny, by introducing a debt justice law as called for by the Catholic Agency for Overseas Development and other agencies. Has the Foreign Secretary given that any consideration?

[Yvette Cooper]

My hon. Friend will know that the UK—certainly under previous Labour Governments—has a strong history of looking at debt relief, which was championed by Gordon Brown as Chancellor and Prime Minister. I recognise the strong work that my hon. Friend has done in this area and in championing these arguments. We are pursuing further reforms to debt relief, which is an important issue because countries should not be held back economically by unacceptable debt repayments that make them more fragile and end up in a vicious cycle. We are looking at further reforms in that area.