Oral Answers to Questions

Debate between Sajid Javid and Andrew Bridgen
Tuesday 1st March 2022

(2 years, 9 months ago)

Commons Chamber
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Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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Has my right hon. Friend made any specific assessment of the effect of the covid-19 lockdown restrictions on children’s mental health and general wellbeing?

Sajid Javid Portrait Sajid Javid
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I can tell my hon. Friend that we have and that that assessment continues. Sadly, as he will know, we have seen a significant increase in mental health referrals, especially for young people, over the past two years. The extra support that we have provided through the action plan and the £500 million of funding is helping, but I am afraid that there will be some long-term challenges created by the pandemic. We are very much looking at what more we can do.

Public Health

Debate between Sajid Javid and Andrew Bridgen
Tuesday 14th December 2021

(2 years, 11 months ago)

Commons Chamber
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Sajid Javid Portrait Sajid Javid
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What I think we need to do are the measures that are in front of the House today, and I hope the House will support them. I think those are the most important measures we can take right now.

Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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But has the Secretary of State seen the statement from Dr Angelique Coetzee, the head of the South African Medical Association, today? She says that the Government’s measures on lockdown may be counterproductive, that omicron is a mild form of covid-19 that will have huge benefits for herd immunity and protection, and that delaying its spread may give time for more virulent and pathogenic variants to take hold and cause more deaths in the UK.

--- Later in debate ---
Sajid Javid Portrait Sajid Javid
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There is lots of speculation on how omicron may have originated. I will not add to that speculation now, but I agree with the hon. Lady’s general point, which is a powerful point, about the need to get more vaccines to people in developing countries, whether in Africa, Asia or elsewhere. We can be proud of what the UK has already done—more than 20 million vaccines delivered through COVAX or directly, and almost another 10 million on the way. We are completely committed to meet our target of 100 million vaccine donations by June 2022.

Baroness Winterton of Doncaster Portrait Madam Deputy Speaker (Dame Rosie Winterton)
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Order. Just before the Secretary of State makes further progress, it is absolutely right that he should be taking a lot of interventions—there are a lot of questions to be asked—but people who have already made one intervention should not be making a second or a third intervention and certainly not if they also wish to be called to speak later in the day. I have too many people who wish to speak and there is not going to be enough time for everybody. Be sure—if you keep intervening, you do not get to speak. Let us have a little consideration for others.

Sajid Javid Portrait Sajid Javid
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I shall indulge my hon. Friend the Member for North West Leicestershire (Andrew Bridgen) because he is going to be really short.

Andrew Bridgen Portrait Andrew Bridgen
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The Secretary of State knows that I have been short all my life. He said earlier that the average age in South Africa was 27.5 years. I fear that he may have mis-spoken or been badly advised. In fact, the median age in South Africa is 27.5 and the comparative median age in the UK is 40.5—not radically different.

Sajid Javid Portrait Sajid Javid
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I am pleased that I took that intervention because I do not want people to think in the way my hon. Friend has suggested. I have to disagree with him. There is a big difference between those two ages, and the last time I looked the median can be described as an average. But I am pleased that he shared that because it highlights my point.

Covid-19 Update

Debate between Sajid Javid and Andrew Bridgen
Monday 6th December 2021

(2 years, 12 months ago)

Commons Chamber
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Sajid Javid Portrait Sajid Javid
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I believe that the response we have had is balanced and proportionate.

Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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My right hon. Friend the Member for Maidenhead (Mrs May), who is no longer in her place, has already confirmed and reminded the House that the normal evolution of a virus is to increase in transmissibility, but reduce in pathogenicity over time. The Secretary of State has already informed the House that none of the 336 cases of omicron confirmed in the UK has yet resulted in hospitalisation. Does he agree that that is tremendously good news and that we should look forward next week to hopefully having all restrictions lifted?

Sajid Javid Portrait Sajid Javid
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Let us see what next week brings.

Covid-19 Update

Debate between Sajid Javid and Andrew Bridgen
Monday 29th November 2021

(3 years ago)

Commons Chamber
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Sajid Javid Portrait Sajid Javid
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Not in classrooms. I think what the Government have set out is the right approach. In terms of protecting children from the pandemic, the vaccination programme for children—especially secondary school children—is important. I think over 40% of 12 to 15-year-olds have been vaccinated. That has certainly increased since we opened up the national booking system to that cohort. I think the figure for 16 and 17-year-olds is almost 60% now, but we continue to work on it.

Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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My right hon. Friend has outlined the Government response to the emergence of the omicron variant and the restrictions he wishes to place on the public. This House will quite rightly have a vote on those measures. He has also stated that the measures will be reviewed in three weeks’ time. He knows that in three weeks’ time this House will be in recess. How will there be parliamentary scrutiny of the Government’s review measures, or will we be having Government by diktat?

Sajid Javid Portrait Sajid Javid
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The review should take place as soon as possible. That is how the Government determined the three weeks. Unless Parliament was called back from recess or the Government took longer than three weeks, I think the approach the Government have set out is the right one.

Oral Answers to Questions

Debate between Sajid Javid and Andrew Bridgen
Monday 1st April 2019

(5 years, 8 months ago)

Commons Chamber
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Sajid Javid Portrait Sajid Javid
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It is important that like the current system, the new immigration system is simple and straightforward for businesses and others to understand, so I want to avoid unnecessary complexity. The hon. Gentleman is right about making sure that it reflects the needs of different parts of the UK. That is why in the current system, we already have, for example, the shortage occupation list specifically for Scotland. I want to make sure that as we go forward, we keep looking at the needs of all the nations of the United Kingdom.

Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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Despite the doom-mongering from Opposition Members, is my right hon. Friend aware that since the referendum almost three years ago, the number of EU staff working in our NHS has increased by 4,000?

UK Nationals returning from Syria

Debate between Sajid Javid and Andrew Bridgen
Monday 18th February 2019

(5 years, 9 months ago)

Commons Chamber
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Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.

Each Urgent Question requires a Government Minister to give a response on the debate topic.

This information is provided by Parallel Parliament and does not comprise part of the offical record

Sajid Javid Portrait Sajid Javid
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I am very happy to confirm that to my hon. Friend. As I mentioned earlier, anyone who has gone to Syria in recent years will have known the huge risk they were taking, and we certainly will not risk the lives of any British officials or soldiers, or anyone else, to help or rescue those who went to support terrorism.

Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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What powers and resources does my right hon. Friend have to ensure that any British citizen returning from the so-called caliphate in whose case the burden of proof does not permit a criminal prosecution will face mandatory and robust deradicalisation programmes?

Sajid Javid Portrait Sajid Javid
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As I have mentioned, this is not a new challenge—we estimate that one way or another more than 300 people have returned in the last few years. When someone manages to return, we first make sure, in the interest of justice, that they are questioned, investigated and, where appropriate, properly prosecuted. Where youngsters, in particular, are involved, however, we also make sure they get deradicalisation help through specific programmes; in some cases, through mental health support; and through support in other ways too. In each case, we will work with partners to create a bespoke programme for that individual and do all we can.

Anti-Semitism

Debate between Sajid Javid and Andrew Bridgen
Tuesday 17th April 2018

(6 years, 7 months ago)

Commons Chamber
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Sajid Javid Portrait Sajid Javid
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Speaking for the Government, I must say that there is clearly more to do, but I believe that we must take the responsibility of leadership seriously. The fight against anti-Semitism is led by my Department in co-ordination with the Home Office, and involves colleagues from across Westminster.



On a practical level, we have increased our funding for security at Jewish schools and places of worship by a further £13.4 million this year. The solid work of the cross-Government working group on tackling anti-Semitism ensures that we are alive to their issues and concerns, and our national strategy for tackling hate crime recognises the importance of dealing with abuse specifically targeted at Jews. The Crown Prosecution Service has made it clear that it will be treating reports of online abuse just as seriously as the offline version. There will be no place anywhere to hide when it comes to hate crime.

That is what we are doing to fight the manifestations of anti-Semitism, but ultimately to win this battle we have to cut out the roots of this weed. The best way to do that and to focus minds is to ask people where anti-Semitism leads if left unchecked. As the Holocaust Educational Trust says,

“when we understand where prejudice leads, we can stop it in its tracks.”

If we are going to stamp out that weed of anti-Semitism, we have to change minds and attitudes.

Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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Will the Secretary of State give way on that point?

Sajid Javid Portrait Sajid Javid
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I am sorry, but I must continue.

After all, the holocaust did not begin in the gas chambers: indiscriminate killing is simply where hatred when left unchecked reaches its tragic conclusion. The holocaust began with nothing more than words, but then came the insults, the boycotts, the discrimination; the noxious weed of anti-Semitism crept into everyday life, degrading, denouncing and dehumanising its victims until the stage was set for more.

We cannot assume that modern society is on some inevitable journey towards progressive enlightenment and tolerance. That is a dangerously naive assumption, as anyone who has read a history book would know. Primo Levi put it simply:

“It happened, therefore it can happen again.”

Lessons from history do not learn themselves. Even the most barbaric events in human history lose their edge over time. Events as recently as one generation ago have less resonance with the youngest generation, so this has to start with education. My own understanding of these issues did not come automatically or from birth, although my father did teach me an early lesson in tolerance about Israel; it came from reading widely and visiting the excellent permanent holocaust exhibition at the Imperial War Museum and from visiting Auschwitz-Birkenau. As a parent and a human being, that is a visit that will live with me forever. We cannot all have the sobering experience of standing in that place and places like it, although I would encourage all political leaders to make that journey.

What we can do, however, is bring back those experiences not just to Parliament, but to our universities and classrooms. That is why my Department is, for example, partnering with the Department for Education in supporting the HET and the Union of Jewish Students to expand its “lessons from Auschwitz” programme to help tackle anti-Semitism on university campuses. We also support #StandUp, which tackles anti-Semitism and Islamophobia, and we are working with the Anne Frank Trust to address hatred and prejudice in some of the most challenging schools. With these measures, we can stop the weed spreading to the next generation.

Finally, and most symbolically, we are supporting with £50 million of public money a new national holocaust memorial and learning centre right beside Parliament. This memorial will be a lasting tribute both to those who died and those who survived. It will also act as a permanent, prominent reminder of mankind’s capacity for darkness through the story of the holocaust and other genocides, but also of the capacity for good by those who refused to look the other way, such as Sir Nicholas Winton.

With that, I would like to end on a positive and optimistic note. Even while hiding quietly in that attic before the Gestapo came pounding up the stairs, Anne Frank still believed in humanity, writing:

“In spite of everything I still believe that people are really good at heart.”

The British people are fundamentally decent and tolerant, as are the vast majority of those who are engaged in political activism. The reality is that these tropes did not appear overnight, but now that this brand of hatred has emerged from its dark underbellies, we have an opportunity to focus our minds and defeat it. It is my hope that today will be a milestone, when MPs from all parties put down a marker in this place, in Hansard ink, that enough is enough.

Oral Answers to Questions

Debate between Sajid Javid and Andrew Bridgen
Monday 30th October 2017

(7 years, 1 month ago)

Commons Chamber
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Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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10. What steps the Government are taking to support the delivery of economic growth through the midlands engine.

Sajid Javid Portrait The Secretary of State for Communities and Local Government (Sajid Javid)
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A strong midlands engine is vital to Britain’s economy. We have provided the midlands with £1.9 billion of local growth funding, and in March we launched the midlands engine strategy to drive economic growth and improve quality of life.

Andrew Bridgen Portrait Andrew Bridgen
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Does my right hon. Friend agree that a clear focus of the midlands engine should be improving east-west connectivity—specifically, in relation to my constituency, a direct rail link to East Midlands airport and the new east midlands gateway?

Sajid Javid Portrait Sajid Javid
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I agree with my hon. Friend that transport links are critical to the success of the midlands engine. Midlands Connect predicts that improving connectivity across the midlands can secure a £1 billion-a-year boost to the regional economy and create some 300,000 jobs. The recently commissioned east midlands gateway connectivity study will consider carefully how to achieve this, and it will be looking at the East Midlands airport.

Grenfell Tower

Debate between Sajid Javid and Andrew Bridgen
Monday 3rd July 2017

(7 years, 5 months ago)

Commons Chamber
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Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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My right hon. Friend has sadly informed the House that, so far, 100% of all 181 samples taken from buildings have failed the combustion tests. I do not wish to prejudice the public inquiry or any future criminal action, but will he tell the House whether the cladding originates from one source or whether it is from multiple sources, which would hint at a more systemic failure across the industry?

Sajid Javid Portrait Sajid Javid
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I can tell my hon. Friend that there are multiple sources.

Grenfell Tower Fire/Fire Safety

Debate between Sajid Javid and Andrew Bridgen
Monday 26th June 2017

(7 years, 5 months ago)

Commons Chamber
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Sajid Javid Portrait Sajid Javid
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The right hon. Lady is right to raise that issue, and the police report on Grenfell Tower rightly focuses on it. I will not say anything more about Grenfell Tower, as it is important that I do not get involved in that, but, more broadly, it is possible that a test could show that cladding was category 1, which is the correct type, but that the insulation was the wrong type. Since the police report, we have worked with the Local Government Association to update the advice that is going to local councils. We are looking at what is the best way to respond and to ensure that insulation is also looked at properly.

Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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Does my right hon. Friend share my disappointment that this tragedy has been politicised so heavily by senior members of the Labour party? How long does he think the public inquiry will take to come to conclusions? Is there any evidence that the panelling has been used in countries other than ours?

Sajid Javid Portrait Sajid Javid
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What the public want to see—this is what they are seeing today in this Chamber—is everyone working together. The timing of the public inquiry will be up to the judge, but it is hoped that the judge might see fit to produce an interim report that we can act on much more quickly.

Oral Answers to Questions

Debate between Sajid Javid and Andrew Bridgen
Monday 16th January 2017

(7 years, 10 months ago)

Commons Chamber
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Sajid Javid Portrait Sajid Javid
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It is very good of the hon. Gentleman, the Chair of the Select Committee on Communities and Local Government, to thank the Minister responsible for the northern powerhouse. We remain strongly committed to the devolution deal for the Sheffield city region. We will continue to work with local leaders, who have proposed a mayoral election for May 2018. We will also continue to discuss with local partners proposals for a devolution deal elsewhere in Yorkshire, including Leeds.

Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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T4. I welcome the Secretary of State’s commitment to creating a housing market that works for everyone. In my own local authority area of North West Leicestershire, new housing starts are now 273% higher than they were in the year ending September 2010. May I give the Secretary of State a challenge as he sets out his new housing White Paper: can we do even better?

Oral Answers to Questions

Debate between Sajid Javid and Andrew Bridgen
Tuesday 15th March 2016

(8 years, 8 months ago)

Commons Chamber
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Sajid Javid Portrait Sajid Javid
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The hon. Lady is right to raise the importance of credit throughout every region of the UK for everyone who thinks a vibrant growing economy is important. We talk regularly with the Treasury about these issues—for example, about the work we do through the British Business Bank, which has provided more than £2.4 billion of financing over the past four years, helping some 40,000 businesses, many of them in the north-west.

Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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When people take the decision to start their own business, it is on the back of a great idea or they have skills which are useful, but for most people turning a great idea or skills into a business requires expert advice. What steps is the Secretary of State taking to ensure that that advice is available to potential entrepreneurs?

Sajid Javid Portrait Sajid Javid
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First, I know my hon. Friend speaks with experience. He is a very successful businessman and no doubt he has talked to many businesses about this. One of the ways we try to help is through the growth hubs. We have made sure that every local enterprise partnership in England has a growth hub and we have increased the financing that goes into that, so locally tailored advice is available to local companies.

Oral Answers to Questions

Debate between Sajid Javid and Andrew Bridgen
Tuesday 2nd February 2016

(8 years, 10 months ago)

Commons Chamber
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Sajid Javid Portrait Sajid Javid
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The hon. Lady is right to raise the issue of skills in that industry. The first thing is to do everything we can to help it. Of course, the crisis has inevitably led to job losses, but the measures I referred to earlier will help to protect some of those jobs. We are also talking to a number of companies in the supply chain to see what we can do with skills training to ensure that those skills are transferable.

Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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I can assure the House that the midlands engine is firing on all cylinders, but it does need fuel in the tank. Will the Secretary of State confirm that more than £2 billion was raised in venture capital in the UK last year, which was up 50% on the year before?

Sajid Javid Portrait Sajid Javid
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My hon. Friend talks about venture capital and the importance of attracting more and more investment across the nation, and of course in the midlands, too. I am sure he would be interested to know that over the last four years, the gross value added of the midlands region has increased by 15% or £27 billion, while the number of jobs has increased by almost 300,000.

Oral Answers to Questions

Debate between Sajid Javid and Andrew Bridgen
Tuesday 15th December 2015

(8 years, 11 months ago)

Commons Chamber
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Sajid Javid Portrait Sajid Javid
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What I accept is that these were the right set of changes. I considered the responses to the consultation carefully. It is important that we strike the right balance between the interests of the students, making sure that all who have the ability have the opportunity to go to university, and the interests of the taxpayer, ensuring that we have an affordable, sustainable funding system. That is exactly what the changes bring about.

Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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Despite the negative comments from the Opposition, can the Secretary of State confirm that this year record numbers of young people secured places at university, including record numbers of children from disadvantaged backgrounds?

Sajid Javid Portrait Sajid Javid
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My hon. Friend is right. That is true of England. We have seen a record increase to 382,000 people in the past year, and the number of students from disadvantaged backgrounds has gone up from 9.5% to 18.2% in the past five years. In Scotland we have seen a fall in the number of students because Scotland does not have a funding system that allows all who want to go to university to do so.

Trade Union Bill

Debate between Sajid Javid and Andrew Bridgen
Monday 14th September 2015

(9 years, 2 months ago)

Commons Chamber
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Sajid Javid Portrait Sajid Javid
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My hon. Friend shows just how much support there is among the general public for these reforms.

Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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Does the Secretary of State agree that one of the problems with the unions using historical mandates is that, because time has elapsed, many of the employees who voted for strike action may have retired or moved employment in the meantime?

Sajid Javid Portrait Sajid Javid
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That is exactly the point I am coming on to.

When old mandates are used, it is not fair on union members. As my hon. Friend said, a two-year-old mandate is unlikely to reflect the latest negotiations and would fail to reflect changes in the workforce. To ensure that any industrial action is based on a current mandate from current members, the Bill provides a four-month validity period after a ballot result is announced.

Oral Answers to Questions

Debate between Sajid Javid and Andrew Bridgen
Tuesday 29th January 2013

(11 years, 10 months ago)

Commons Chamber
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Sajid Javid Portrait Sajid Javid
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What I can confirm is that the Government are taking a very focused approach to welfare. Under the previous Government, nine out of 10 families with children were eligible for tax credits. No wonder our welfare budget was out of control. Through the Welfare Benefits Up-rating Bill and other reforms the Government have introduced, we are making our welfare system affordable and more focused.

Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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Can my hon. Friend confirm that working families will be, on average, £125 a year better off after the announcements in the autumn statement?

Sajid Javid Portrait Sajid Javid
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I can confirm the figure used by my hon. Friend. Indeed, if we take account of all the tax changes we have made in the personal allowance, I can also say that an individual on the minimum wage and in full-time employment will see their tax bill halved under this Government.

Jobs and Growth

Debate between Sajid Javid and Andrew Bridgen
Wednesday 12th October 2011

(13 years, 1 month ago)

Commons Chamber
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Sajid Javid Portrait Sajid Javid (Bromsgrove) (Con)
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It is always a pleasure to follow the right hon. Member for Holborn and St Pancras (Frank Dobson). Before I begin, may I, too, congratulate the hon. Member for Leeds West (Rachel Reeves) on her promotion?

I am glad that the right hon. Member for Holborn and St Pancras mentioned Alice in Wonderland, because that is exactly where Labour is. What we have heard from the shadow Chancellor today suggests that it believes that we can solve a debt crisis by taking on more debt. Let us remind ourselves of the position that this country was in when the Government changed 18 months ago. We had a national debt of £940 billion, up from £350 billion when the Labour Government entered power.

The hon. Member for Wolverhampton North East (Emma Reynolds) mentioned the debt to GDP ratio, and in terms of net debt that is at 62% today. She is right that it was lower—it gradually went up as the previous Government came to their end—but she missed out the fact that the markets do not just look at the official national debt but take into account the unofficial national debt. The good thing is that now this Government are in power we have started to have a transparent process to assess what that debt is. Before the market was all based on estimates.

I can tell the hon. Lady that the £940 billion is not even half the story. In fact, it is one third of the story because it represents one third of the total national debt of this country. The whole of Government accounts published in July by the independent Office for Budget Responsibility said that the public pension liability of the UK is £1,100 billion. PFI liabilities increased tenfold over the 13 years of the previous Government to £40 billion according to the OBR. The Office for National Statistics reported in the summer that the cost of financial interventions because of the bank bail-outs is £1,300 billion of additional debt. If we add all those numbers up, they come to £3,380 billion—a mind-boggling number equal to 225% of GDP.

Let us look at the five-point scam suggested by the shadow Chancellor. Four of those five policies would lead to a direct increase in our debt and one, the bankers’ bonus tax, would raise less than the levy that the Government have already imposed. I spent 20 years trading Government bonds. I advised Mexico, Brazil, Indonesia, Russia and Argentina when they were at default or close to default and I can tell anyone who cares to know that the way out of a debt crisis is not to borrow more money. Investors have a choice. They do not have to buy anyone’s bonds. They can look at any country or corporation in the world and there is no way to force those bonds down their throat. That was exactly the point we had reached before the last election and if the Government had not changed, we could very well have been in the same predicament as countries such as Greece, Portugal, Ireland and Iceland.

It is not just our triple A rating that shows that the Government’s policy in dealing with the debt is the right one. It is not just the gilt deals, as my hon. Friend the Member for Spelthorne (Kwasi Kwarteng) mentioned, although our 10-year gilt yield is at 2.6%.

Andrew Bridgen Portrait Andrew Bridgen
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My hon. Friend might recall that the previous Government created £200 billion-worth of quantitative easing just prior to the general election. However, that money was not pumped into the banking market to give liquidity—98% of it was used to buy Government debt because nobody else wanted to buy it at that stage.

Sajid Javid Portrait Sajid Javid
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I quite agree with my hon. Friend. The 10-year gilt yield today is 2.6%—one of the lowest we have ever had in our history—versus 3.8% when this Government came to power. That number is not just important to the financial markets: it makes a big difference to the amount of money this Government have to spend on servicing our national debt, to the amount that corporations have to spend when they borrow and then invest, and to the amount that ordinary households need to spend on things such as their mortgages. It makes a real difference to the cost of living.

Let us consider another indicator. I always like to look at the credit default swap spread, which is the amount that the markets charge for insurance against a potential sovereign default. Today, Britain has, for the first time, the lowest CDS spread of any large European country. According to Bloomberg, of the 157 sovereigns that trade in the CDS market, Britain has the fifth-lowest CDS spread in the world. That, again, is a reflection of the policies of this Government.

I should like to finish by picking up one positive point that the shadow Chancellor made to his party conference, which was the only thing I heard with which I agreed. He said

“we will set out for our manifesto tough fiscal rules that the next Labour government will have to stick to”.

I am glad that he has recognised the need for tough fiscal rules that are independently monitored by the Office for Budget Responsibility, as that is exactly what I suggested in a private Member’s Bill in July, the National Debt Cap Bill, which will have its Second Reading on 20 January 2012.

My proposal is that we should have an independent, tough cap on the net outstanding national debt as a proportion of GDP, monitored by the OBR. That would not be a magic bullet for dealing with potential future debt problems, but it would force the House to have a national conversation every time any Government wanted to increase debt beyond a certain point. If they had a good reason for doing that, the House could support them and Members might have an opportunity to discuss the issue with their constituents. If the House did not accept the Government’s reasons, it could prevent our country from becoming more indebted. I say to the shadow Chancellor that there is no point waiting for the next Labour manifesto because there may not be another Labour Government—at least, not any time soon. It would be far better for him to take action now, put his money where his mouth is and support my Bill, which is coming to the House in just a few months.

In conclusion, there is nothing in the motion that would help to generate investment and create jobs. In fact, if it were implemented in any form, it would destroy jobs. I urge the House to vote against it.