(1 year, 4 months ago)
Commons ChamberAbsolutely, I can affirm that. My right hon. Friend makes a very good point about the MOUs. The Opposition would like to present a false story about us not getting along with our US counterparts. The fact that so many states, knowing that their Federal Government are not negotiating an FTA, have decided to step up and negotiate MOUs with us shows that this country is still attracting a large amount of investment and co-operation from our international partners. We want British businesses to be able to take part in that, and we are doing everything we can to help them use the MOUs.
Last week, I was pleased to lead discussions with international partners and businesses at the Ukraine recovery conference and welcomed the Prime Minister of Ukraine and First Deputy Prime Minister to Mansion House, alongside over 150 companies, showcasing how UK companies in our private sector can use their ingenuity and expertise to support the reconstruction of Ukraine.
I was very proud to announce that the UK Government have backed a £26.3 million equivalent loan, which is an unprecedented transaction; the Business Bridge Ukraine platform, matching Ukrainian businesses with complementary partners; the UK-Ukraine tech bridge, to bring together UK and Ukrainian tech businesses to harness opportunities for innovation and collaboration; and the London conference framework on war risk insurance.
Recent research by a former chief competition economist to the European Commission—shared with me by Unite the union—estimates that average UK mobile phone bills could rise by up to £300 a year in the case of a merger between Three and Vodafone. Is the Secretary of State aware of that risk, and will her Department be taking any action to prevent such a merger, which would be disastrous for competition in the mobile network operator sector?
The hon. Lady will know that we have an independent regulator, the Competition and Markets Authority, which would look at cases such as the one she raises and make a call on whether it would be harmful or beneficial to the UK economy. I trust the CMA—it has been doing a good job so far—and I look forward to seeing its read-outs on forthcoming mergers and proposals by large businesses in our country.
(4 years, 3 months ago)
Commons ChamberI had a meeting with Professor Marmot just last month, and we discussed the recommendations of his review. If my right hon. Friend has seen the report, she will know that many of the recommendations are at a very high level. For instance, the first recommendation says that we should give every child the best start in life. I am sure that that was something she took forward when she was a Minister. This Government believe that it is important, and it is reflected in all our policies across education and communities.