Economic Situation
Debate between Sarah Olney and Chris Philp(2 years, 1 month ago)
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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.
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Chris Philp
Yes, I do. The leading growth in the G7 and the lowest unemployment figures in my lifetime are testament to the sagacity of the Government’s economic policies.
Sarah Olney (Richmond Park) (LD)
Today is another day when the Government’s mismanagement of the economy is causing market turmoil, putting thousands of pensioners and mortgage holders at risk. Yesterday, the Governor of the Bank of England told pension funds to “sort it out” after announcing that the Bank’s emergency bond-buying scheme would close in two days. The Government have 48 hours to save pension funds. Will they call the Chancellor back from Washington, hold an emergency Cabinet meeting and deal with the pension crisis?
Chris Philp
The Chancellor is in extremely regular contact with the Governor of the Bank of England, which, with its various agencies, has responsibility for systemic financial stability. We are working closely with it, and we have complete confidence in the Bank’s management of this process.
Oral Answers to Questions
Debate between Sarah Olney and Chris Philp(3 years, 5 months ago)
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Sarah Olney (Richmond Park) (LD)
The Parliamentary Under-Secretary of State for the Home Department (Chris Philp)
It is my lucky day today, Mr Speaker. It is, of course, open to EU citizens with indefinite leave to remain to apply for EU settled status. Some of them choose to do so because the rules are slightly better for EUSS in terms of the ability to leave the country for a particular period and the family reunion rules. There is no obligation on people with ILR to apply for EUSS, but it is a choice that each individual may or may not choose to make according to their own personal wishes and circumstances.
Sarah Olney [V]
I am grateful to the Minister for his answer, and I would like to offer my condolences to the Under-Secretary of State for the Home Department, the hon. Member for Torbay (Kevin Foster).
Many constituents of mine who have previously been granted indefinite leave to remain have received letters suggesting that they should apply for EU settled status instead. This has created a great deal of consternation and a fear that their indefinite leave to remain status may not be valid in the future. Can the Minister tell me why those letters were sent? It is not clear to people whether or not they should be applying for EU settled status. Could he give a clear answer to my constituents on this matter?
Chris Philp
My understanding is that those people with ILR who are also eligible for EUSS can continue to enjoy ILR whether or not they apply for EUSS. Letters were sent out to people who might be eligible for EUSS, but I believe those letters did make it clear that someone who received those letters who was already naturalised as a British citizen or indeed had ILR needed to take no further action. If the hon. Lady thinks those letters were unclear, I will be happy to look into it further, but I understand that they were worded in such way as made it clear that no further action was taken in the circumstances she describes.