Health and Care Bill

Debate between Sajid Javid and Lord Beamish

2nd reading
Wednesday 14th July 2021 Commons Chamber

[Sajid Javid]

I listened carefully to what the hon. Gentleman said. As I have said, no final decisions have been made, but if he would like a meeting with a Health Minister, we can arrange that so that the matter can be discussed further.

I am also very grateful to another of my predecessors, my right hon. Friend the Member for South West Surrey (Jeremy Hunt), first for his leadership of the Health Committee, whose valuable report and recommendations we have taken on board, and secondly for his tireless dedication to the cause of patient safety, which sees its culmination in the Bill’s creation of the Health Services Safety Investigations Body. We must continue, in his words, that quiet revolution in patient safety. I have asked my officials to consider whether the Care Quality Commission could look broadly across the integrated care systems in reviewing the way in which local authorities and providers of health, public health and social care services are working together to deliver safe, high-quality integrated care to the public.

[Mr Kevan Jones (North Durham) (Lab)]

The Secretary of State talks of patient safety. May I ask him why the Bill contains none of Sir Bruce Keogh‘s recommendations on the cosmetic surgery industry, which are now 10 years old? In response to questions that I have asked, Ministers keep saying that the recommendations are going to be implemented. Could this not be an opportunity to improve patient safety in that area?

[Sajid Javid]

The right hon. Gentleman has raised an important matter. There are issues surrounding the cosmetic surgery industry, and I know that he has spoken eloquently about them in the House before. I do not necessarily agree that this Bill has to be the vehicle for any change, but if he wishes to discuss the matter further, I should be happy to meet him in due course, because it is important and it does require a fresh look.

Whenever the NHS is subject to change, it is tempting for some, who should actually know better, to claim that it is the beginning of the end of public provision. We know that that is complete nonsense, and they know it is nonsense, but they say it anyway. So let me very clear: our integrated care boards will be made up of public sector bodies and those with a social purpose. They will not be driven by any private interests, and will constantly make use of the most innovative potential of non-NHS bodies.

The spirit of this Bill is about holding on to what is best about the NHS and removing what is holding it back. That is something that we all want, and I am looking forward to a mature debate—[Laughter.] Perhaps that is too much to ask in this Chamber with this Opposition Front Bench, but I hope for, and I think the public expect, a mature debate on the Bill and on how we can achieve these sensible changes together.

In that spirit, the second theme of the Bill is cutting bureaucracy. As we have been tested during these past months, we have looked at the rules and regulations through new eyes. It has become increasingly clear which of them are the cornerstone of safe, high-quality care, and which are stifling innovation and damaging morale. It is that second group of rules and regulations that the Bill strips away, removing the existing procurement regime and improving the way in which healthcare services are arranged. Yes, this is about how we deliver better value for the taxpayer, but fundamentally it is about how we can free up NHS colleagues to deliver better care. We know that patients are better served when experts are free to innovate unencumbered by unnecessary bureaucratic processes. That is why the Bill will repeal section 75 of the Health and Social Care Act 2012, giving the NHS the flexibility for which it has been asking. I know that this is a point of agreement with the Labour party—

Covid-19 Update

Debate between Sajid Javid and Lord Beamish

Monday 12th July 2021 Commons Chamber

[Sajid Javid]

On the app and the so-called pinging—my hon. Friend referred to an individual in his constituency who has perhaps been pinged too many times—it is right, as I have said, that we take a fresh look at any changes that we can make in the light of the success of the mass vaccination campaign. If my hon. Friend will bear with me, I think he will be pleased with our course of action.

[Mr Kevan Jones (North Durham) (Lab)]

In response to my hon. Friend the Member for City of Chester (Christian Matheson), the Secretary of State said that the Government speak with one voice. Well, clearly on masks they change in response to whatever the latest YouGov poll says. He has been very clear today that people should wear a mask in confined spaces, so I ask him a direct question: what is his advice to retailers? Should they insist on their customers wearing masks when they enter their shops?

[Sajid Javid]

The guidance that we will publish today will be very clear on that.

Migrant Crossings

Debate between Sajid Javid and Lord Beamish

Monday 7th January 2019 Commons Chamber

[Sajid Javid]

My hon. Friend refers to the events this morning in his constituency, and while I cannot say too much about that—it is an ongoing operation—he might know that an arrest has been made. He is absolutely right about doing more on detection, and that involves work with Border Force and the coastguard—now with the help of the Royal Navy—but also, very importantly, with the French authorities. Despite the news he has shared with us, we have seen a significant fall in the overall number of crossings in the last seven days. We cannot take too much from that, but we hope that the law enforcement and detection work being done is contributing to a reduction in the overall number of crossings.

[Mr Kevan Jones (North Durham) (Lab)]

I want to be clear that I agree about the need for clear border security, but what was lacking in the Secretary of State’s statement was actual figures. He talked about attempts, but how many people have actually arrived here and claimed asylum in the three-month period? If he does not have those figures to hand, will he put them in the Library of the House, along with the numbers of people who came by other routes in the same period?

[Sajid Javid]

I am happy to share some figures with the right hon. Gentleman. In 2018, 543 people made the attempt to cross the channel, and 42% of them—227 people—were intercepted, meaning that 316 arrived in the UK, most of them in the last three months of the year.

Cannabis-based Medicines

Debate between Sajid Javid and Lord Beamish

Tuesday 19th June 2018 Commons Chamber

[Mr Kevan Jones (North Durham) (Lab)]

I welcome the Home Secretary’s announcement. I note that he is not going to reclassify cannabis, but will he look at how we deal with individuals in possession of a small amount of cannabis? To that end, will he look at Checkpoint, an alternative justice initiative by Durham police that aims to help individuals and to try to break the link between drugs and crime?

[Sajid Javid]

The right hon. Gentleman is right: this is not about the reclassification of cannabis. He makes an important point about the need for law enforcement to work with others, including the many good groups out there, to try to get people off drugs once they have a problem. It is important to do more work on that.

Counter-Terrorism and Border Security Bill

Debate between Sajid Javid and Lord Beamish

2nd reading: House of Commons & Money resolution: House of Commons
Monday 11th June 2018 Commons Chamber

[Sajid Javid]

That is an important question from the Chair of the Home Affairs Committee, and I want to be clear in my response. This would not apply in the circumstances that she describes. The objective is clearly to find and punish those with terrorist intent. There will be a reasonable excuse defence, as there is for other laws, for those who have a legitimate use; the right hon. Lady gave one example, but it could apply to academics, journalists or news organisations. That defence will exist.

[Mr Kevan Jones (North Durham) (Lab)]

Like my right hon. Friend the Member for Normanton, Pontefract and Castleford (Yvette Cooper), I support many of these measures, but why is it three times? I accept the definition in terms of academic research, a journalist or the case of the Home Affairs Committee, but what happens, for example, if a teenager or someone with mental health problems watches a video more than three times? Do they automatically fall into this category, or does the reasonableness test apply?

[Sajid Javid]

The objective is to allow for the fact that it is quite possible for someone to accidentally come across such a video, be curious and watch it one time and perhaps a second time. I am not pretending that there is something magical about the number three. This is an attempt to capture repeated viewing, which may suggest that the intent is not innocent. Of course, should the Bill become an Act of Parliament and someone is prosecuted under this law, that decision would be made by the police, based on evidence and working with the Crown Prosecution Service. As with other criminal offences of this type, the CPS would use its judgment to decide whether it is in the public interest to prosecute.

[Mr Kevan Jones]

I am just intrigued why it is three times and whether this always has to be done in context. Clearly, if it is part of a pattern of behaviour and someone is watching not just one video three times but a series of videos, that is different but, if we are not careful, some opponents of the Bill will highlight the fact that anyone who watches such a video three times will necessarily get prosecuted, which I know is not the Home Secretary’s intention.

[Sajid Javid]

The right hon. Gentleman is right to make that point. Some people have already made similar comments, but clearly that is not the intention behind the Bill, and there are safeguards in place. I welcome his overall support for the Bill. This is why it is important to debate these issues and for Parliament to come to a collective decision. I am quite open to ideas from parliamentarians, and perhaps in Committee we can look more closely at these provisions to ensure that we have the balance right.

--- Later in debate ---

[Sajid Javid]

Yes, I absolutely give my hon. Friend that assurance. As with many of these types of measures, there is always the need to consider what I would call a reasonable excuse defence.

Once we have brought terrorists to justice and secured their conviction by a jury, we want to make sure that the public are protected by locking up terrorist offenders for longer and allowing more robust supervision on their release. The punishment for terrorism must properly reflect the severity of the crime. That is why the Bill allows for the introduction of longer sentences, of up to 15 years, for a number of offences, including the collecting of terrorist information, the encouragement of terrorism and the dissemination of terrorist publications. Previously, the maximum sentence was up to 10 years for such offences.

As well as increasing the maximum length of sentences, we need to ensure that terrorist offenders are not released from custody until it is safe to do so. When they are released, they need to be subject to longer periods of supervision on licence. The Bill will achieve this by enabling the courts to impose a public protection sentence for a wider range of terrorism offences. Offenders will not be released automatically at the halfway point of their sentence, but will instead stay in prison until the Parole Board decides to release them.

We are also extending sentencing provisions to Northern Ireland that already operate in the rest of the United Kingdom. The sentences handed down by the courts in Northern Ireland have been of particular concern to some hon. Members, and the Bill will help to address that.

The Bill will make it easier to monitor terrorist offenders once they have been released by requiring them to notify the police of their bank or passport details and any vehicles that they may possess or have access to.

[Mr Kevan Jones]

I support the measures that the Home Secretary is outlining. In the briefing documents he sent before the debate, he referred to this measure as being similar to the monitoring of sex offenders in the community. In those cases, there is clear joint working between the probation service and police at local level. Is he envisaging a similar system for monitoring those who have been convicted of terrorism offences?

[Sajid Javid]

Yes, I am.

The Bill will update the law relating to terrorism reinsurance. The attack last year on Borough market highlighted a gap in the current arrangements that the Bill now addresses. In particular, I thank the hon. Member for Bermondsey and Old Southwark (Neil Coyle) for the important work that he has done on this issue on behalf of his constituents.

Next Tuesday will mark the anniversary of the attack outside the Finsbury Park Islamic centre last year. Our thoughts are with the family and friends of Mr Makram Ali, who died on that day a year ago, just as they are with the victims and survivors of other attacks last year in Westminster, the Manchester Arena, London Bridge and Parsons Green. We cannot turn back the clock to undo what was done in those five attacks, but we can and must learn the lessons and do everything in our power to prevent such suffering from being inflicted ever again. The Bill plays an important part in ensuring we do just that and I commend it to the House.

Northamptonshire County Council

Debate between Sajid Javid and Lord Beamish

Tuesday 27th March 2018 Commons Chamber

[Sajid Javid]

I thank my hon. Friend for the work that he has done and continues to do for the people of Northamptonshire. He is right to raise the pressures being felt by Northamptonshire County Council and many other councils, particularly on adult social care and children’s social care. He will know that at last year’s spring Budget there was a record settlement, with an additional £2 billion going into adult social are. Looking to the long term, that is exactly why we have the Green Paper, and I hope that he will provide input into that process.

[Mr Kevan Jones (North Durham) (Lab)]

The Secretary of State talks about being crystal clear. What is crystal clear is the mess that Northamptonshire County Council finds itself in as a result of the incompetence and mismanagement of local Conservative politicians. Will he therefore issue an apology to the electors of Northamptonshire, on behalf of the Tory party, for the mess that they have found themselves in?

Local Government Finance

Debate between Sajid Javid and Lord Beamish

Wednesday 7th February 2018 Commons Chamber

[Mr Kevan Jones (North Durham) (Lab)]

The Secretary of State talks about core funding. I think the average for county councils—[Interruption.] Mine is Durham, by the way, for the Parliamentary Private Secretary who is looking it up. [Laughter.] The average is a 2.1% increase, but for Durham it is only 1.4%. The reason for that—[Interruption.] Durham County Council—the PPS has got the wrong one! [Laughter.] The reason is the low council tax base, as 55% of properties in County Durham are in band A, which affects the council’s funds—County Durham, if the PPS has still not got it.

[Sajid Javid]

The hon. Gentleman is obviously familiar with the numbers for his own council, which is good to see, and his council is getting an increase. As I have said, and this will be a theme throughout the settlement, we have to always make sure that we are striking the right balance between providing increased resources and keeping any burden on taxpayers to an absolute minimum. I hope that the hon. Gentleman would support that.

We are creating a whole system of local government that is fit for the future. The current formula for financial allocations has served local areas well over the years.

Local Government Finance Settlement

Debate between Sajid Javid and Lord Beamish

Tuesday 19th December 2017 Commons Chamber

[Sajid Javid]

First, I join my hon. Friend in congratulating East Sussex on its approach to the challenges it faces, including on social care. It is a great place to retire, which leads to changing demographics. That is one of the things that will be looked at by the Green Paper we will publish next summer.

[Mr Kevan Jones (North Durham) (Lab)]

On the formula for transitional funding, what consideration is given to the percentage of core spending a council derives from revenue support grant? In Durham’s case it is 14.3%, whereas in Surrey’s it is 3.5%. That meant that last year core spending in Durham fell by 1.2%, whereas in Surrey the figure was 0.1%.

[Sajid Javid]

The hon. Gentleman will know that for various reasons, over a number of years, councils have had a different proportion of central grant versus funds that are raised locally, for example through business rates. It is important to take that into account for all councils. What really matters is their core spending power: all the sources of spending power they have. He will be pleased to know that with today’s proposal there will be an increase for Durham of £5.6 million, which is 1.4%.

Steel Industry

Debate between Sajid Javid and Lord Beamish

Thursday 26th May 2016 Commons Chamber

[Sajid Javid]

Seven bidders have expressed interest so far, and that field will now be narrowed down—I cannot tell my hon. Friend exactly to how many, because I do not know at this stage. Where there are bidders that may want to work together, I am confident that Tata will take that seriously.

[Mr Kevan Jones (North Durham) (Lab)]

What ongoing discussions has the Secretary of State had with his colleagues in the Ministry of Defence about protecting the steelmakers and processes involved in the Successor programmes, such as Sheffield Forgemasters in Sheffield? These are important not just for the UK economy but for the ability of this country to provide an independent nuclear deterrent.

[Sajid Javid]

There have been regular meetings with our colleagues in the Ministry of Defence and with the companies, including Sheffield Forgemasters, that specialise in some of the steel that is required for our defence purposes. The hon. Gentleman will be pleased to know that, for example, the new Queen Elizabeth aircraft carriers will use some 95,000 tonnes of British steel.

Amendment of the Law

Debate between Sajid Javid and Lord Beamish

Wednesday 23rd March 2011 Commons Chamber

[Mr Jones]

I find that hard to stomach, coming from the right hon. Gentleman, because he is giving succour to the proposals before us, which could damage the north-east economy more severely than even those in Thatcher’s day. He is looking both ways, as a Liberal saying one thing in the region, and then coming here and supporting and voting for a Conservative Government who are putting the proposals forward. [Interruption.] I will tell him exactly why. What we would not have done is put forward his and his party’s ludicrous proposal to abolish the regional development agency, One North East.

The right hon. Gentleman now has to defend his ludicrous policy on local enterprise partnerships, which I shall come to later. He struggled to get re-elected this time; I doubt whether the voters of Berwick will re-elect him if he stands next time. It is important to remember that none of this could have happened without the Liberal Democrats blindly going along and supporting those savage cuts, which will have a terrible effect on a region I know he actually cares deeply about.

Another major aspect of the current economic situation is inflation. The Bank of England is stuck between a rock and hard place. Interest rates are as low as they can go, and quantitative easing is continuing, yet the inflation target is way above where it should be. It is difficult to know what the Bank will do.

We continue to hear, as we have heard several times this afternoon, that there is no alternative to this approach. I am sorry, but there is a definite alternative. We also hear that the fact that we are in this mess is all down to a Labour Government—that only Britain went through the recession in 2008, while the rest of the world did not, and that we got into the position we did only because of Labour’s reckless spending and financial management. I want to put some facts on the record. Conservative Members use a lot of rhetoric and soundbites; the famous one from the Prime Minister was that Labour did not mend the roof while the sun was shining. In fact, we did, because when we came to power in 1997, the level of debt was nearly 50% and we reduced it. I remember the tremendous debate within my party when we sold off the 3G licences. People said that we should use that money to fund public expenditure, but the then Chancellor took the very good decision to drive down the level of debt. That left us, going into the economic downturn, in the strong position of having the lowest debt, unemployment and inflation in the G7, and the highest investment from overseas.

Was it right to transform and invest in our public services over those 13 years? Yes, it was. They have been transformed in many parts of this country, certainly in my constituency. When I was first elected in 2001, the hospital in Chester-le-Street was in the old workhouse. We now have a brand-new hospital in Chester-le-street, as well as three others in the area. We have six or seven new primary care centres in County Durham. That is a direct result of public investment. When the economic crisis hit, did we have to respond to that by borrowing? Yes, we did. Was it the right thing to do? Yes, it was.

At the time of the crisis at Northern Rock, if we had followed what the Conservatives, including the current Chancellor of the Exchequer, wanted to do, which was basically to let it fold, we would have had a far worse situation, with a banking crisis that would have devastated not only Northern Rock but every other bank. The then Chancellor put in place a package to support banks, subsidise mortgages, cut VAT, fund apprenticeships, and give people money to buy new cars and stimulate the economy—and it worked. If people want to look for the evidence for that, there is the growth of the economy in the months prior to, and just after, the general election.

Contrast that with what we have now—a Government who do not have a growth strategy and are wedded to a strategy that they feel it would be politically weak to go away from, repeating time and again that there is no alternative. I ask Conservative Members to reflect on what they would have done at that time. Last weekend, the Chancellor said that we were in this financial state because of a decade of over-expenditure by the Labour party. Well, the Conservatives supported our spending targets right up until 2008, so they cannot have it both ways. I ask them to look at the facts rather than what central office spun during the election campaign, which, unfortunately, some of them are continuing to repeat.

[Sajid Javid]

I am glad that the hon. Gentleman said that one should look at the facts. Is he aware that the spending cuts over this parliamentary period are only 3.7%—0.9% a year—in real terms, which is lower than the spending cuts that were implemented by Denis Healey, a former Chancellor? On that basis, would he still describe them as swingeing, drastic or tough cuts?

[Mr Jones]

I am sorry, but yes I would. If hon. Members are going to make comparisons, they should compare like with like. Whoever writes the central office briefings does one thing all the time. They compare our economy with that of Greece or, as the hon. Gentleman just did, they compare the British economy today with that of the 1970s. That is complete nonsense.

The central point—some Liberal Democrats are starting to wake up to this, including the Deputy Prime Minister—is that although there is a need and a desire to reduce the deficit, there is also an ideological drive to have a smaller state and to put into practice the ideological prejudices that the Conservatives have yearned to implement for many years. The people of this country will suffer from that. Is there an alternative? Yes, there certainly is.

Finance Bill

Debate between Sajid Javid and Lord Beamish

Monday 12th July 2010 Commons Chamber

[Mr Jones]

That is a good point. We have heard about banking codes and other ways of forcing the banks into lending, but many small and medium-sized enterprises will be paying for this. They are facing a double whammy, because they are paying for it not only through the reduction in investment allowances but, as my hon. Friend rightly says, through not getting access to the lifeblood of working capital that they need.

That brings me to what the hon. Member for St Ives said about other sectors. Amendment 50 says:

“This section shall not come into force until the Treasury has laid before the House of Commons an assessment of the impact of this section on—

(a) the banking sector, and

(b) all other sectors to which corporation tax applies.”

That makes an important point about how this cut in corporation tax is being paid for—that is, through the reduction of the annual investment allowances, which from 2010 will fall from £100,000 to £25,000. That will affect a lot of SMEs in the manufacturing sector. One need only look at some of the comments that were made on Budget day. The Engineering Employers Federation, representing manufacturers, said:

“Reducing the corporation tax rate over time was in principle the right course of action. But financing it, in part, by cuts to investment allowances will be a heavy price to pay, especially for smaller companies. It might be a positive signal for large companies, but not for their suppliers.”

That reflects a key point made in the amendment—the need to look at the effects on other sectors of the economy and how they are paying for this.

Even members of the coalition are feeling some concern about the corporation tax plans. The Secretary of State for Business, Innovation and Skills signalled a recognition that they could hinder the interests of British industry when he said in the Financial Times on 14 May:

“The one thing I would want to make sure is that the productive parts of the British economy are helped and not hindered by corporation tax changes…I will certainly make an input to the debate defending the interests of British industry and making sure there are proper incentives to invest.”

We are now seeing this time and again in policy areas. The Liberal Democrats can protest all they wish, but they are being overruled on every single occasion, and this is clearly another example of that happening.

The Institute for Fiscal Studies and the EEF have both criticised the Government for reducing investment and capital allowances. The IFS’s post-Budget briefing on business and capital taxes dated 23 June said:

“Biggest benefits go to low-investment, high-profit firms—banks and supermarkets rather than manufacturers”.

The Budget talked about rejigging the economy away from the public sector and the banking sector into manufacturing, but this will not assist the manufacturing sector in any way at all. One can add to that the pressures that are resulting locally from the abolition of the regional development agencies and the nonsense that is going on with the freezing of grants for business investment. For example, Geka Manufacturing in my constituency, which vitally needs such a grant to secure 130 jobs in Stanley, has had it frozen by the Government. Local manufacturing SMEs are not only being hit by the corporation tax changes in the Budget but affected by the winding up of the RDAs in terms of the small business support that is vital for their investment decisions.

If we are to consider the effect on other sectors, as the hon. Member for St Ives suggested, we need to ensure that that includes not only SMEs but the manufacturing sector. If the Red Book is to be believed, I do not understand how the levy will result in a rebalancing of the burden of taxation between banking and other sectors. Clearly the SME sector will pay dearly, and that is in addition to some of the other matters that will affect it.

The cuts in capital allowances will prevent many SMEs from investing in vital equipment. That is no way to grow the economy in the way that the Government are suggesting. Despite the rhetoric that we heard before the election about bashing the bankers—[Interruption.] I say to my hon. Friend the Member for Glasgow East (Margaret Curran), who looks at me in horror, that I said “Bashing the bankers”. Instead, the Government are going to give back to banks the money that they will take from the levy. As my hon. Friend the Member for Nottingham East pointed out, it would have been right to wait for the results of the 1 January review, whenever they come, before introducing the decrease for the banks.

I ask hon. Members to support the amendment, which makes sense. Once the public recognise what the Con-Dem Government are doing, they will be disappointed that the Government are basically letting the banks off scot-free.

[Sajid Javid]

I shall keep my contribution brief. I congratulate my hon. Friend the Member for Lincoln (Karl MᶜCartney) on making a very good maiden speech, and I draw hon. Members’ attention to my entry in the declaration of Members’ interests.

--- Later in debate ---

[Sajid Javid]

That is not relevant. The hon. Gentleman can read the entry in the declaration of interests.

If we are to address the amendments properly and consider the changes to corporation tax that the Government have proposed not just for banks but for all companies, we cannot get away from the serious mess that the economy is in. As Members have heard on a number of occasions, as an inheritance from the previous Government, the Government are borrowing some £3 billion a week and our budget deficit is £155 billion, which is 12% of GDP—the highest in all G7 countries and the highest in Europe.

To address the issue, we need to consider how to restore growth to the economy and start paying back our debt. That will not just be through the changes in the Budget, such as raising extra taxes and cutting spending, but through restoring growth in our economy. That is at the heart of the changes to taxation, especially corporation tax, put forward in the Budget. The gradual reduction of corporation tax from 28 to 24% is all about giving business people and entrepreneurs incentives once again to take the risks that are always involved in starting and running businesses. It is such growth that will rejuvenate our economy and create the employment that we need to push up GDP and help us repay the debt that we have inherited.

[Mr Kevan Jones]

I know that the hon. Gentleman is a banker, and therefore possibly a bit detached from the SME sector and others, but how can cutting the investment allowances of SMEs and rewarding bankers with cuts in corporation tax make sense as a way to generate and grow new businesses?

[Sajid Javid]

I am not detached from small business, because my father was a small business man, I grew up in a small business and I know what it takes to make a small business grow. As well as hard work, it takes low taxes, less regulation and a desire for Government to get out of the way of business people. That is what this Government are desperately trying to restore after 13 years of the opposite.

Finance Bill

Debate between Sajid Javid and Lord Beamish

Tuesday 6th July 2010 Commons Chamber

[Mr Jones]

I am grateful to my hon. Friend for raising that point. A Bank of International Settlements report that I looked at this morning—it is worth looking at, and I suggest that anyone who has a spare half hour, or who suffers from insomnia later tonight, read it—contains an interesting graph showing exactly where debts are: 70% of Greek debt and 50% of US debt is held by non-residents, but for the UK the proportion is 30%. That makes my hon. Friend’s point well.

Ministers increasingly raise the spectre of Greece. For example, last week the Secretary of State for Energy and Climate Change said that the Chancellor had said that the Budget was necessary because otherwise Britain would be in danger of not being able to pay its way in the world. Public debt in Greece is the highest in the euro area at about 120% of GDP. It also has one of the highest fiscal deficits in the OECD, with 14% of GDP. I do not seek to minimise the UK’s debt—it needs to be dealt with, and we set out a clear plan to tackle it—but it rose 20% in the last couple of years for a very good reason. We faced a massive economic downturn, and investing the money was the correct thing to do to ensure that we did not go into not only a recession, but a long-term depression. I remind new Conservative Members that when those who are now in government were in opposition, they got it wrong on Northern Rock and wrong on how to deal with the banking crisis. Did they ever oppose anything that we did on that? No, they did not; they supported our measures. Their approach would have got us into a complete mess.

The UK debt is 68% of GDP, which is much lower than the euro area average of 79%. Our fiscal deficit is 11%. However much people try to portray our borrowings as on a par with those of Greece or some of the other basket cases—as the press call them—that is just not so. It is the same with the return on bonds. In the US it is 3.58% and in Germany 2.5%. In addition, we have to recognise what type of debt we have. Those who are following the war plan to frighten everyone might fall for the suggestion that somehow our debt has to be repaid tomorrow. We are even hearing some of the nonsense that we heard in the Thatcher era about the idea that the UK economy—or a business—should be run like a personal bank account. That is complete nonsense. If people look at the chart on page 68 of the Bank for International Settlements report, on the maturity of debt, they will see that for the UK it is 14 years. In the US and Germany it is under nine years, and Greece has some debt on short-term loans of two years, with an immediate requirement to repay. The idea that we are in such a mess that we have to repay debt now, and so need this emergency Budget—with all the damage that the VAT increase and everything else will do—is utter nonsense.

[Sajid Javid (Bromsgrove) (Con)]

While what the hon. Gentleman says about the duration of the Government’s debt is correct, what is of more importance now is the amount of borrowing that the Government have to do on a weekly basis because of the size of the deficit, which is—at 13% of GDP—the largest in Europe. We are borrowing roughly £3 billion a week, and that has nothing to do with the duration of the debt. Regardless of the duration, if the deficit is not addressed we will still be in the market trying to borrow £3 billion a week. That is one of the reasons why the auction that my hon. Friend the Member for North West Leicestershire (Andrew Bridgen) mentioned earlier failed in the markets.