(8 years, 8 months ago)
Commons ChamberI will nick that soundbite—it’s a good one. The hon. Lady is right. If we leave the single market and the European Union, the Council President has said clearly that that process probably takes two years, and after that we will have to negotiate a trade deal with the European Union. If that trade deal is like Canada’s, it could take seven years. We are looking at a decade of uncertainty for our economy.
On the ceramics industry, I am advised by my Parliamentary Private Secretary, who before coming to this House did a worthwhile job of working in that industry—[Interruption.] He may not be spinning pots any more, but he is spinning for me very effectively. Last year we exported £38 million in porcelain and china to the EU. If we were outside the EU without a trade deal and had World Trade Organisation tariffs, there would be a 12% tax. I do not want us to hit British manufacturers, car makers and aeroplane makers. We should be investing in and supporting those industries, not making their situation more difficult, which Brexit would undoubtedly do.
Q10. Thirty years ago when I was just a little lad—[Hon. Members: “Aah”] Thirty years ago, my parents quit their jobs and founded a small manufacturing business around our kitchen table. Today, British manufacturers—particularly small businesses—are worried because if we leave the European Union, they will continue to make their products to common European standards because they value the free market. They value the single market and want to export, but they are aware that the United Kingdom will have no say whatsoever in the formulation of those standards, and their competitive advantage will be destroyed. What advice does my right hon. Friend have for my parents and for small businesses and the millions of jobs that depend on them across the country?
I had always assumed that my hon. Friend was under 30, so I am shocked to get that news. He makes an important point. If we were to leave the EU, we would lose the seat around the table that sets the rules of the single market. Of course sometimes those rules can be annoying or burdensome, but at the end of the day those are the rules we have to meet. If we leave and have no say over those rules, we do not gain control, we lose it. That is a crucial argument, and it is why the majority of small businesses—as well as a very large majority of larger businesses—back staying in the EU.
(8 years, 10 months ago)
Commons ChamberThe point is that there are many people in our country—I think there are now over 12.5 million shareholders—who hold shares in things such as unit trusts. There is plenty of information about them, and they do not need any from me. The point is that, if you invest in one of those and you are a UK resident, you must pay UK income tax and UK capital gains tax, just as you would if you buy a share in any other organisation.
I would not recommend doing this, but, having read back through Hansard over the 13 years of the previous Labour Government, I could not find a single occasion on which the right hon. Member for Islington North (Jeremy Corbyn) raised any of these issues. The closest he came was when he described the Labour Government’s decision to use Orders in Council to take control of the Turks and Caicos Islands as “mediaeval” and “extremely undemocratic”, but he now advocates that policy for all territories. Is it not fortunate that after 2010 we had a Government who actually took up this agenda?
I am interested to see that the right hon. Gentleman has conducted a U-turn because recently he has been suggesting taking control of these territories. I can now see a use for the nuclear submarines as they head off towards the Isle of Man, and as the Corbyn invasion force begins to mass to take over this territory. It is much more sensible to get them to do the things they ought to be doing.
(9 years ago)
Commons ChamberLet me just take one of the figures that the right hon. Gentleman mentions. Homelessness today is less than half what it was at its peak under the last Labour Government. There is a simple point here. You can only invest in new houses, you can only restore existing houses, you can only build new houses and you can only support people into those houses if you have got a strong economy. We inherited mass unemployment, an economy that had completely collapsed and a banking crisis. Now we have got zero inflation, wages growing, unemployment at 5%, an economy growing and people able, for the first time, to look to their future and see that they can buy and own a house in our country.
Q2. Nadia Murad, a Yazidi woman, was 19 years old when Daesh came to her village. They killed most of her family, they tortured her, they raped her and they made her their slave. Nadia’s story is the same as those of thousands of Yazidi women, except that thousands of Yazidi women are still held in captivity and Nadia managed to escape. In fact, she is in the Public Gallery today. Will the Prime Minister join me in acknowledging Nadia’s resilience and her bravery—the essential qualities that have allowed her to triumph over Daesh—and will he do everything in his power to redouble his efforts to support Yazidi women and to eradicate Daesh?
I thank my hon. Friend for raising this issue in such a way. Let me welcome Nadia Murad, who is here with us today. She and the Yazidi community have suffered appallingly at the hands of this murderous, brutal, fascist organisation in Syria and in Iraq. We must do everything we can to defeat Daesh and its violent ideology. We are playing a leading role in this global coalition. In Iraq, where so many Yazidis have suffered, Daesh has lost over 40% of the territory that it once controlled. We are making progress, but, as I said at the time of the debate about Syria, this is going to take a long time. Building up Iraqi security forces, working with Syrian opposition forces, building the capacity of Governments in both countries to drive this evil organisation out of the middle east—however long it takes, we must stick at it.
(9 years, 3 months ago)
Commons ChamberI am sure the whole House will welcome the fact that the Goddard inquiry is now up and running. The best way to get justice for these victims is to make sure that we have the full and independent inquiry that we have spoken about. As for the specific issue that the hon. Lady raises, it is a matter for the inquiry. If there is further detail that I can give her, I will certainly write to her. What matters is that this inquiry is now up and running.
Q8. Three thousand jobs in Newark were lost under Labour. This month, we celebrate the creation of the 10,000th new job in Newark since 2010. Does the Prime Minister agree that, once again, Newark leads the way to a strong economy, high employment, higher wages and lower welfare?
I am delighted to hear that Newark has met that landmark. It is worth remembering that this figure of 10,000 represents 10,000 people, each with a job and livelihood and a chance to support their families. I well remember visiting my hon. Friend’s constituency. I cannot promise to visit it as many times in this Parliament as I did in the previous one, but I know that a business we visited called Knowhow last week announced the creation of more than 800 jobs. As ever, where Newark leads, I am sure that others will follow.