(2 years, 2 months ago)
Commons ChamberEarlier this week, I promised that I would deal with the soaring energy prices faced by families and businesses across the UK, and today I am delivering on that promise. This Government are moving immediately to introduce a new energy price guarantee that will give people certainty on energy bills, and will curb inflation and boost growth. The guarantee—which includes a temporary suspension of green levies—means that from 1 October a typical household will pay no more than £2,500 per year for each of the next two years, while we get the energy market back on track. It will save a typical household £1,000 a year, and it comes in addition to the £400 energy bills support scheme. It supersedes the Ofgem price cap, and has been agreed with energy retailers.
I will give way in a few minutes, when I have made some progress.
We will deliver this by securing the wholesale price for energy, while putting in place long-term measures to secure future supplies at more affordable rates. We are supporting the country through this winter and next, and tackling the root causes of high prices, so that we are never in this position again.
(2 years, 5 months ago)
Commons ChamberWe are absolutely determined to bring down the cost of childcare and to fix the regulations that make the costs so high. We will be bringing forward proposals very shortly.
(2 years, 6 months ago)
Commons ChamberMy right hon. Friend is right. The protocol was never designed to be set in stone. What we have seen are the very real consequences of the protocol, which has not yet been fully implemented, on the ground in Northern Ireland. It has caused political instability and an imbalance in the relationship between the communities in Northern Ireland, and we need to fix that. My strong preference is for the EU to secure a change in its mandate so we can find a negotiated settlement. I completely agree with Commissioner Šefčovič that there is a landing zone to be had, but we need to see flexibility so we can really make sure that there is a proper green channel operating into Northern Ireland, that the people of Northern Ireland benefit from the same tax benefits as the people of Great Britain, and that we can fix those problems in a sustainable way.
With a cost of living crisis and rising tension in Northern Ireland, the last thing our country needs is a poisonous stand-off with the EU and the prospect of a trade war with our largest trading partner. Until recently, the Prime Minister himself was saying, “Don’t worry, it’s all okay, there will be no border down the Irish sea,” and Ministers were incredulously parroting the line that we will only break international law in a limited and specific way. Does the Foreign Secretary agree that it is the pinnacle of incompetence or deceit for someone to negotiate and sign a deal when they have no intention whatever of honouring that deal?
As I have said, our priority is securing peace and stability in Northern Ireland, and restoring the primacy of the Belfast/Good Friday agreement. The protocol was agreed in good faith, but it has had unintended consequences. It is the responsibility of the United Kingdom Government to take action to restore the balance. Our preference is a negotiated solution with the EU. We think there is a landing zone to achieve that, but it requires the EU to change its mandate.
(3 years, 7 months ago)
Commons ChamberI congratulate my hon. Friend on his work on the all-party group. The UK is a long-standing supporter and champion of Fairtrade. We are opening up markets with developing countries such as Kenya and Ghana. We will shortly be launching our new general scheme of preferences, which will give more access to developing countries, helping them to grow through trade.
The UK is a country that follows the rules. We have very high standards in areas like the environment, animal welfare, food standards and intellectual property. It is in our interests to be in an agreement with high standards, so that we can ask the same of other countries and get access to their markets. That is the point of signing trade agreements.
(4 years ago)
Commons ChamberWe have now secured trade deals with 52 countries. We have secured a deal with Japan that goes beyond and above the EU’s agreements, we are working on accession to the trans-Pacific partnership and we are negotiating with Australia and New Zealand, so we are by no means entirely focused on the US, but it is our largest single country trading partner. I am always struck by the anti-Americanism among Opposition Members. They simply do not understand that these deals are incredibly important for British business. As for the comments from overseas Governments on our trade negotiations, it is interesting that Labour Members simply like to repeat their “lines to take”. Maybe they need to think of some of their own ideas.