Tag: 2022

  • Chris Loder – 2022 Speech on Achieving Economic Growth

    Chris Loder – 2022 Speech on Achieving Economic Growth

    The speech made by Chris Loder, the Conservative MP for West Dorset, in the House of Commons on 18 May 2022.

    It is a pleasure to contribute to this debate this afternoon and to follow the hon. Member for Batley and Spen (Kim Leadbeater). I will reserve my comments on achieving economic growth to the rural areas of the United Kingdom. I particularly advocate for my constituency of West Dorset.

    The Queen’s Speech contained a number of welcome Bills, including the Levelling-up and Regeneration Bill, the transport Bill, the Procurement Bill and, importantly, the Animal Welfare (Kept Animals) Bill.

    West Dorset is a very rural constituency, covering 400 square miles. Thirty per cent. of the population is over 65 and one in 12 is over 80. Eighty-five per cent. of all our funding comes from local taxation, and two thirds of our council tax goes to support those needing social care. It is constituencies such as mine that have a really strong requirement for regeneration and levelling up in a way that sometimes this House does not quite recognise. The default view of West Dorset is that it is a particularly well-off place, but I can tell the House that many parts are far from it. West Dorset is in as much need as anywhere of levelling up, especially as we are one of the few authorities to have zero revenue support grant, despite having one of the highest council tax rates in the country.

    I am particularly pleased that my right hon. Friend the Minister for Brexit Opportunities is on the Treasury Bench this afternoon. I was delighted to welcome him to West Dorset just a few weeks ago to talk about some of the challenges and difficulties we face. In West Dorset, 97% of our businesses are small or micro-sized. The pandemic was very harsh to us: 6,500 very small businesses existed before the pandemic; 5,500 are there now. So I was delighted to learn from my right hon. Friend that the procurement Bill will help those very small and micro-sized businesses to tap into the procurement system. For far too long, those businesses have been held back from accessing that system because of bureaucracy or European rules and legislation. Such things as approved suppliers lists will, I understand, be reviewed. I think that will mean an enormous amount to constituencies such as mine, with such a high proportion of small and micro-sized businesses.

    Many in this House know that, for 20 years before I was elected in 2019, I worked for the railways. That is one of the reasons I am delighted to see the transport Bill feature in the Queen’s Speech. Bus and rail services have also been a contentious matter in West Dorset. I have the worst frequency rail line in the country—a three-hourly train frequency—that many often do not recognise. Inter-regional rail connectivity is also very poor, which is another reason I am delighted that we will have a transport Bill that will reform the railways and bring lots of opportunity and in particular take full advantage of regional connectivity, meaning that, where we see franchise boundaries precluding sensible cross-regional connectivity measures, we will have the opportunity to fully review those.

    West Dorset is a very agricultural area as well. Agriculture plays an enormous part in the local economy. For that reason, and as a farmer’s son, I am delighted to see that the Animal Welfare (Kept Animals) Bill will be coming back in this parliamentary Session. It contains a lot of important measures that I would have liked us to have dealt with before, but I am pleased that it is to come back. Animal worrying is a considerable problem for our sheep farmers in and around West Dorset, and the Bill will put the responsibility on dog owners to keep their dogs under control. I hope that, during our debates on the Bill, we will also discuss the unnecessary non-stun slaughter of animals for supply chain purposes.

    I am delighted to be able to support the Queen’s Speech. I am pleased that my right hon. Friend the Minister for Brexit Opportunities is present to hear my points and to reiterate the conversation we had when he visited West Dorset. I commend the Queen’s Speech to the House.

  • Kim Leadbeater – 2022 Speech on Achieving Economic Growth

    Kim Leadbeater – 2022 Speech on Achieving Economic Growth

    The speech made by Kim Leadbeater, the Labour MP for Batley and Spen, in the House of Commons on 18 May 2022.

    It is a pleasure to speak in my first Queen’s Speech debate.

    The Prime Minister likes to pose as a man of action, but where in this Queen’s Speech is the bold and transformational action needed to tackle the most pressing and urgent crisis facing people across the country—the cost of living, as we have heard many times over the past few days? Families in my constituency do not want vague promises of help to come some time, maybe. They do not want to be patronised and told that things will be better in a few years’ time. They need an emergency Budget now, with immediate help to reduce their bills along with a plan for growth that offers them financial security for the long term. People struggling day to day and week to week are being let down by a Government presiding over a low-growth, high-inflation, high-tax economy. The Government talk about levelling up, but in reality they are hammering our communities down with an ever greater financial burden that shows no sign of easing.

    Hardly a day goes by without one Minister or another on our TV screens showing just how out of touch they are with the people of this country. People are facing real hardship, unable to pay bills, skipping meals, turning the heating off and relying on food banks to survive, all of which are taking a real toll on their mental health. I have been contacted by suicide prevention organisations in my constituency that are busier than ever. Indeed, I have just been to a powerful event with Mr Speaker and the brilliant band New Order, organised by my hon. Friend the Member for Bristol East (Kerry McCarthy), as today is the 42nd anniversary of the tragic suicide of Ian Curtis.

    What do Ministers say to people who are struggling? They say, “Try and get a different job”, or “Work more hours”, or “Eat own brand food”. Unpaid carers and people on fixed-term pensions cannot change jobs or do an extra shift. The Government add insult to injury by writing off £11.8 billion in fraud and error. It was their error, not that of our constituents. It is insulting, it exposes their own inaction, and it shows their total inability as a Government to put in place an economic plan that can work for all the people of this country.

    While the poorest households are being hit hardest, many families who until recently thought they were reasonably secure now also feel incredibly vulnerable. A serving police officer in my constituency got in touch with me recently. He is on a decent wage, but due to the huge increases in his essential outgoings, by the end of the month he faces the prospect of not being able to afford to put petrol in his car. He searches the aisles of the supermarket for yellow-stickered discounted food for his kids, and they share bathwater to cut down on costs. When he gets to work, he sees the wider impact of the crisis with the soaring number of emergency mental health incidents he has to attend, and he is not alone.

    A family of four with both parents in full-time employment emailed me, scared for their future. They are struggling, and through no fault of their own, they are relying on credit cards and facing a battle just to reach payday. What hope are we offering them and their kids? There is nothing today, and they face the prospect of their already tight family budget being stretched to breaking point by inflation and wages failing to keep up with rising prices.

    On the Opposition Benches, we believe in putting in place the urgent steps needed to provide an economy that allows the benefits of higher growth and investment to be shared by all, and not just the privileged, and an economy based on fair taxation, where loopholes are closed, and those who make huge profits while their customers are hit with ever higher bills—such as the producers of North sea oil and gas—are asked to contribute more, which is something they themselves say they are ready to do. I am not anti-business—far from it—but we need a fairer economy that brings good jobs into our communities and puts pride back into our towns, but this Queen’s Speech did not provide the vision, the ambition or the foundations for an economy that will work for the people of Batley and Spen and the people of this country.

    I will always try to be fair to Ministers, although they do not always make it easy. There were Bills in this Queen’s Speech that address some important issues, such as online safety, victims, schools and mental health, and I look forward to debating them in this Chamber, but until we address the most pressing issue of the day—the highest inflation and greatest pressure on living standards in a generation—we are letting down our constituents when they need us most and widening the economic gaps that are holding our communities back. That is why I am calling on the Government to take some action, show some urgency and show some compassion to tackle the very real cost of living crisis that so many of our constituents are facing.

  • Ben Everitt – 2022 Speech on Achieving Economic Growth

    Ben Everitt – 2022 Speech on Achieving Economic Growth

    The speech made by Ben Everitt, the Conservative MP for Milton Keynes North, in the House of Commons on 18 May 2022.

    It is a pleasure to follow the hon. Member for Coventry North West (Taiwo Owatemi). She made a typically punchy and political speech with much to disagree on.

    I do agree with the hon. Member on her diagnosis of the current issues with the planning system. There the agreement stops, however, because I am optimistic about the solutions proposed to democratise the system and make planning fairer and more transparent. There is much more work to do getting stuck into the detail, but optimism trumps pessimism on this account.

    Planning and development is not the only challenge this country faces, of course. We have dealt with many challenges—the biggest challenges facing our country in living memory—and it has been the innovation of our people, our Government and our businesses that has got us through it. My hon. Friend the Member for Rugby (Mark Pawsey), who is not in his place now, pointed out earlier that private sector innovation is key to unlocking economic growth, the subject of this debate. Government innovation also helped us to get through the crisis. Both the unprecedented furlough scheme and the brilliant kickstart scheme, put together in a targeted, interventionist way, have helped us to become the fastest-growing economy in the G7 and to build back better.

    I am glad to see that this innovative thinking has continued through Her Majesty’s Gracious Speech. Importantly, that innovation will drive up skills and economic growth in my Milton Keynes North constituency, truly putting us on the map as the Silicon Valley of Europe. I understand that that is a bold claim to make: how can we compete with the tech giants of the United States? However, it would be unwise to underestimate the people and the businesses of Milton Keynes. In Milton Keynes we have a proud record of harnessing innovation, entrepreneurialism and creativity to tackle the challenges of the modern world.

    We are home to many exciting technological innovations such as driverless car trials. We therefore welcome the transport Bill and the unashamedly pro-technology approach that the Government are taking. The transport Bill will truly revolutionise the way we travel, bringing the benefits to the environment and to people. For those who are vulnerable in our communities—who struggle with mobility or their sight—self-driving vehicles will be transformative, connecting them to the outside world and ensuring their independence. With the UK market set to be worth about £41 billion by 2030—that is 6.4% of the global market, so we can have a bigger slice of that pie—it is vital that the United Kingdom leads the way in the development of this technology. The transport Bill will be the first step to doing that.

    But if we are truly to look towards the future, I hope that the Bill can go further. Those who have visited Milton Keynes, or indeed heard me bang on about Milton Keynes in the past few years, will have seen or heard of our much-loved Starship robots buzzing along our streets delivering our groceries—food, coffees, and even beers to a barbecue, if you happen to run out of beers, as in my experience. They may be small in stature but they are mighty in the positive impact that that they have. They have not only supported local business but helped to solve the problems of the last mile of delivery—the most expensive and carbon-intensive part of the supply chain. These robots have helped to remove nearly 400,000 kg of carbon from the atmosphere and have taken over three quarters of a million miles of car journeys off the roads in Milton Keynes. I encourage the Minister to ensure that the scope of the transport Bill supports and enables the expansion of companies such as Starship, bringing us closer to our net zero targets and our ambition to embrace the technologies of the future.

    Yet if we hope to see this technology in action and being a success, we need to ensure that we have the skills and jobs to sustain it. The best way to do this is through investing in and levelling up our education. Whether through the Schools Bill or through the lifetime skills guarantee, this Government are providing people of all ages and backgrounds with the right opportunities to succeed. While it is right that we provide those opportunities, I urge the Government also to consider investing in the institutions that will be able to deliver the teaching of these vital skills. We need to teach the skills for the jobs that we cannot even conceive of yet. Those institutions include Milton Keynes University—a pioneer in the education field. MKU represents a new approach to higher education that is designed with business and for business to give students the skills and knowledge they need to meet the needs of our local economy, both now and in future. Degree apprenticeships in robot engineering or cyber-security may seem alien now to some of us in this House, but these graduates will be leading the charge in future years. With that in mind, I implore colleagues in the Treasury to consider the case for MKU more thoroughly, as it will transform our economy at both a local and a national level.

    I truly feel that this will be a critical year for Milton Keynes, as we are expected to have one of the UK’s fastest-growing economies over the next two years, but to maximise that growth, we must invest in the skills, technologies and institutions of the future.

  • Taiwo Owatemi – 2022 Speech on Achieving Economic Growth

    Taiwo Owatemi – 2022 Speech on Achieving Economic Growth

    The speech made by Taiwo Owatemi, the Labour MP for Coventry North West, in the House of Commons on 18 May 2022.

    Today, I wish to focus on three key issues. The first is the cost of living crisis, which is the No. 1 issue facing the country. My constituents in Coventry North West have suffered months of sky-rocketing fuel bills, soaring inflation and hikes at the petrol pump. Sadly, this has been met by a carefree response from this Conservative Government whose policies are pushing many below the poverty line.

    The crisis has been hitting my constituents hard since last summer, yet the Government are still not adequately supporting them. When I surveyed hundreds of my constituents recently, a massive 88% said that they did not expect their income to keep up with rising energy bills. Despite that, none of the 38 Bills outlined in the Queen’s Speech offered any specific or effective measures to tackle the cost of living crisis. That is why the Government must accept Labour’s plan to introduce a windfall tax on gas and oil companies that have reported record profits, and that would go a long way to providing a cut to energy bills of up to £600 per household. The Government must finally wake up to the urgency of the crisis on the ground.

    Secondly, I wish to speak about planning rules and new housing developments, and the impact that they are having on certain communities. Across the communities of Holbrook, Allesley, Keresley, and Eastern Green in my constituency of Coventry North West, many of my constituents have real and heartfelt anxieties about the impact of large-scale new development and its devastating impact on greenbelt land.

    For years now, I have heard constituents warning that the current planning rules are not fit for purpose. They say that they currently serve developers’ greed and do nothing to address the needs of local people and those who are most impacted. In Coventry, this means that the wrong type of houses are being built. They are built in the wrong part of the city and, eventually, are sold at an unaffordable price. From start to finish, the system is a mess and it is broken. Tens of thousands of new homes have been imposed on my city of Coventry in recent years, against the wishes of residents and their elected councillors.

    Equally, the rules concerning new developments do nothing to guarantee that new homes will come with the necessary added infrastructure. That means that large-scale housing developments are being built without the necessary infrastructure, such as decent public transport, good-quality broadband connectivity, improved roads, green spaces, and extra local services, such as schools and GP surgeries.

    What we have heard so far from the Queen’s Speech goes nowhere near reaching the key issues affecting my constituents. What we have are mere gestures towards a more democratic planning system, which will not fix the problems in Coventry or elsewhere across the country.

    My final issue concerns healthcare and the future of our beloved NHS. Our NHS is struggling to keep up with increased and more complex demands, and it is finding it increasingly difficult to clear the backlog created by the pandemic. Let us look at our ambulance service as an example. In the west midlands, ambulance services are receiving more 999 calls than at any time in history, and yet, simultaneously, our region is facing crippling ambulance shortages. In my own city of Coventry, just days ago, a woman suffering from a heart attack had to wait two-and-a-half hours for the ambulance to show up. That is heartbreaking and it cannot go on. However, this is only part of the problem. Health services in the community are at breaking point following the failure of successive Conservative Governments to recruit more GPs and to roll out additional GP surgeries. Every morning, dozens of my constituents have to wait on the phone line, often for up to an hour, just to try to book an appointment with their GP. Too often, when they finally get through to somebody at their surgery, they find that all the appointments are booked up or that the next available appointment is not for weeks.

    Frustratingly, although the Government have already admitted that they will fail to fulfil their pledge to recruit 6,000 extra GPs by 2024, and although those shortages are making life exceedingly difficult for many of my constituents, there was nothing announced in the Queen’s Speech to tackle this health crisis. Labour, however, has a very clear plan. We would make reducing waiting times and boosting staffing numbers in our NHS a top priority in government. Until this Government understand its importance, the problem will not go away.

    One subject that was outlined in Queen’s Speech was women’s health, but, like so many other critical issues, it got empty words and no concrete promises. Many women continue to face appalling healthcare inequalities. For example, more than half a million women face horrendously long waiting times for gynaecology care.

    The Government have repeatedly promised to prioritise addressing women’s health issues with a long-awaited women’s health strategy. However, they have failed again and again to deliver that strategy. It was meant to be delivered by Christmas last year, but that never happened, and we are still waiting for it five months later. If the Government genuinely want to do right by women’s health, they must urgently publish a comprehensive and intersectional women’s health strategy. Until then, they will continue to fail in their duty to provide world-class healthcare to every woman in this country.

    This Tory Government have been in power for over 12 years now, and they appear to have entirely run out of energy and ideas. Whether on the cost of living crisis, housing or healthcare, the Government are first to deliver a soundbite, but last to deliver the lasting changes that the people of this country need. This Queen’s Speech should have been the opportunity to address some of the many complex challenges that we face. Instead, it was yet another demonstration of the Government’s disinterest in delivering for my constituents in Coventry North West. They, and the people of this country, deserve so much better.

  • Anthony Browne – 2022 Speech on Achieving Economic Growth

    Anthony Browne – 2022 Speech on Achieving Economic Growth

    The speech made by Anthony Browne, the Conservative MP for South Cambridgeshire, in the House of Commons on 18 May 2022.

    It is a pleasure to take part in this debate, which has ranged over the entire Queen’s Speech in the past four hours. It has been interesting to hear Opposition Members make the case both for tax rises and for tax cuts, and I enjoyed the case made on the lack of desirability of economic growth. I am in the camp where economic growth is largely a good thing, although this is not without some reservations in certain circumstances.

    I serve on the Treasury Committee, where we take evidence from a range of different economists the whole time. The good news is that the UK economy is fundamentally strong. However, we have had too low growth for too long, and we are facing unprecedented challenges, as many people have mentioned. We have had a pandemic and a war, and before that we had a global financial crisis. Someone described the Chancellor as the “unlucky Chancellor” and that is absolutely true, as he has faced greater challenges than any Chancellor since probably the second world war, but he has dealt admirably with the challenges thrown at him. We have inflation at a 40-year high, which is causing a lot of challenges to a lot of households, as we have been hearing this afternoon. But that it not purely a UK thing; it is a global inflation crisis.

    I wish to put on record my continued support for Bank of England independence. The Governor of the Bank of England appeared before the Treasury Committee earlier this week, and various media reports questioned that independence, saying, “This shows that the Bank of England cannot be trusted with inflation.” That is not true. Monetary policy was never suited to and never aimed at dealing with the current global supply shock—it is not the right tool. That does not mean that the system we have for the Bank of England is not working. It has worked very well over the past 25 years and the way to judge it is whether it brings inflation back in the next year or two to the 2%.

    One mystery in economics at the moment, as we find in our Treasury Committee hearings, is how well the economy is going. Two years ago, when the pandemic started, we had all these apocalyptic—that word has come back into fashion—forecasts about the economy and how we were going to have the deepest recession ever, and that unemployment would go back up to 1980s levels of 3 million or so. As various Members have mentioned, however, unemployment is now at a historic low—it is at its lowest since 1974. For the first time ever, we have more vacancies than people who are unemployed and claiming benefit. We need to work hard to make sure that those unemployed people get into those vacancies. Obviously, we still have a big budget deficit, but that is getting managed down, and taxes are heading up. I am with my right hon. Friends the Members for Epsom and Ewell (Chris Grayling) and for Gainsborough (Sir Edward Leigh) on the case they made that taxes are too high and should come down. That must be the medium-term trajectory.

    A lot of this afternoon’s debate has been about the cost of living. I do not want to reiterate a lot of the points that have been made, so I will focus on the title of the debate, “Achieving economic growth”. There are reasons for that; a lot of the problems we face as a country could be solved by higher economic growth. It leads to higher incomes, which helps with the cost of living, and to higher tax receipts, which helps with funding tax cuts. That is why I welcome the Government’s drive to promote economic growth. I keep saying that their priority should be, “Growth, growth, growth”. The Chief Secretary highlighted the Government’s strategy of improving skills, infrastructure and innovation, and I fully support that. Obviously, many of the measures needed to promote economic growth are fiscal—they are related to taxes—and are reserved for a Budget rather than a Queen’s Speech. For example, in the spring statement the Government outlined their ambition to use tax cuts to promote business investment. Those measures will be enacted in the autumn Budget, which is welcome.

    Many measures in the Gracious Speech will drive up national productivity in the medium or longer term. The education reforms and investment in skills that others have talked about, the transport improvements, and the reforms to the planning system will all help to promote economic growth. I want to focus, though, on the Bills that are aimed directly at businesses, about which not many people have talked. There are 38 Bills in the Queen’s Speech and many of them relate directly to businesses or specific industries.

    The digital markets, competition and consumer Bill is most welcome. The almost duopolistic grip of Google and Facebook on electronic advertising is not good for businesses, competition, innovation or consumers. Google frequently reforms its algorithms in ways that are detrimental to ordinary businesses that rely on online advertising. They are forced to pay for expensive adverts if they want to reach their customers. Google also sets itself up in competition with businesses in a way that shows a clear conflict of interest and that damages innovation. For example, Google directs those who search “cheap flights to New York” to its own flight-comparison service rather than to independent companies such as Skyscanner or Expedia.

    The Government are absolutely right to give the Competition and Markets Authority powers to protect consumers, ensure the integrity of digital markets and stop market abuse by dominant players. It is, though, a fiendishly complex policy area, and the law will work only if the new digital markets unit in the CMA is properly funded and can offer competitive salaries for highly skilled staff, so that they are not immediately poached by industry—in the same way that the Financial Conduct Authority can offer sufficient pay to make sure its staff are not lured away by the City.

    The UK Infrastructure Bank Bill is long overdue. I used to work at Morgan Stanley investment bank, which does a lot of infrastructure finance, and not only is it often very complex, but there are limits to the risks that any private bank can take on in respect of massive projects. The power of the state is needed to arrange suitable financing. When I worked at City Hall in London, I was involved in sorting out the finance for Crossrail—or the Elizabeth line, as it is now known—and I really look forward to riding it next week. London was lucky to have the highly skilled finance team at Transport for London to help to arrange the financing for that £20 billion project, but most infrastructure projects do not come with such pre-formed finance teams. We need to leverage different forms of finance, including by attracting private investment, and there is a clearly defined role for the UK Infrastructure Bank, but, as with the digital markets unit and Bill, the proof will be in the delivery. It is essential not only that the UK Infrastructure Bank can operate independently from political pressures, but that it is funded so that it can attract high-quality staff.

    On the non-domestic rating Bill, the business rates system is a massive source of complaints—often justified—from businesses and needs to be modernised. The Bill will do that, but let me float one little thought. A cap on business rates of 10% of a company’s declared turnover would help start-up companies and a lot of smaller businesses without damaging the revenue received from larger companies. I am sure the devil will be in the details, but it is worth the Treasury considering that.

    On the genetic technology Bill, such technology is very big in my constituency—I probably have more genetic and genomic companies locally than any other constituency. The Bill is a huge opportunity for us, and it is quite possibly a Brexit opportunity, too. It is about not genetically modified organisms but gene editing, which is very different. It is about speeding up the breeding that happens naturally.

    We should have introduced an electronic trade documents Bill before. I cannot believe it requires legislation, but it will slip through Parliament quickly.

    My hon. Friend the Member for Rugby (Mark Pawsey) mentioned the audit reform Bill—I think he has been the only one to do so. Everyone in finance knows that there is a major problem with auditing. It has always been in the “too difficult” box, the “too complex” box or the “I just don’t understand it” box. Thank God it is now being addressed, because we need that Bill to stop the series of scandals that have happened as a result of bad auditing.

    On the Procurement Bill, I was heavily involved in procurement when I worked at City Hall, and the EU rules on public sector procurement that we inherited were horrendously over-engineered to stop abuse across 28 different countries with 28 different procurement cultures and so on. They are a severe constraint on an effective and efficient public sector—often, the Government cannot deliver what they want because of procurement rules—and we absolutely need to streamline them.

    Finally, the financial services and markets Bill is a huge piece of legislation. We have looked at it a lot in the Treasury Committee, and I look forward to taking part in the debates on it when it comes to the House. It is the UK’s dirty secret that we had far more influence on the EU’s financial services legislation than any other EU member. That legislation is therefore not that bad overall, but compromises were often made, which meant that in a lot of ways it is not appropriate for a global financial centre such as the UK. We can make many reforms to it that will help our global competitiveness.

    There are real issues for Parliament here. It is right to give regulators more powers, absolutely, rather than relying on everything being in primary and statutory legislation, but that means that regulators must have more effective scrutiny. Parliament is not currently set up to do that, and we need to agree on how we can more effectively hold financial regulators to account.

    Overall, the Queen’s Speech has a very wide package of measures to promote business, help consumers and drive up economic growth, and I strongly recommend it to the House.

  • Margaret Ferrier – 2022 Speech on Achieving Economic Growth

    Margaret Ferrier – 2022 Speech on Achieving Economic Growth

    The speech made by Margaret Ferrier, the Independent MP for Rutherglen and Hamilton West, in the House of Commons on 18 May 2022.

    The Queen’s Speech presents the Government of the day with an opportunity to stand back, take stock and realign their priorities. There are aspects of the new legislative programme that are welcome, and aspects that are less so. Most concerning are the things that are missing from it altogether. I will start with levelling up. Regardless of any personal views we might hold about the intricacies of the agenda or how it is implemented, I am sure that most of us would agree that the principle of targeted and meaningful local investment is not a bad thing. Each one of us could point to projects in our constituency that not only deserve such investment but would return it tenfold.

    There is an enormous patch of derelict land at Shawfield in my constituency that had been vacant for decades. Opportunity was wasted because the land suffered from the big problem that, until recent years, nobody had the patience or the vision to invest the time and money to fix its contamination with hexavalent chromium, a carcinogenic chemical—anyone who has seen the movie “Erin Brockovich” will know how dangerous it is.

    Remediating the site will cost tens of millions of pounds. Clyde Gateway, a publicly backed community regeneration project that reinvests its profits in new projects, has taken on this mammoth task. It has already remediated huge amounts of land, but the majority of the site is still unusable. The location is perfect, and Clyde Gateway has already proved with its redevelopment of remediated land that it is profitable. The site would serve as an excellent hub outside the Glasgow city centre boundary for businesses and residents alike. I have even heard rumours that the Cabinet Office has looked at some of the remediated land to house its offices.

    The project is a no-brainer, and I hope it is successful in bidding for the levelling-up fund. It will transform the local economy, but it needs vision and funding. Through my extensive conversations with the executive director of Clyde Gateway over the years, I have found that funding streams such as the levelling-up pot pose their own challenges. Although it is vital to ensure that public money is not frittered away, being too prescriptive stifles the ability to access and use the money to its fullest potential. I encourage the Government to consider how different project types, such as Shawfield, might be even more successful and economically beneficial to communities if their funding streams have more flexible criteria. Of course, the most important thing is to make sure that the levelling-up fund is distributed equitably across the four nations to projects that will bring the most economic value.

    I am glad to see the Government finally bring forward plans for community access to cash, an issue on which I have bored Treasury Ministers to tears, as the most vulnerable in our communities are the most reliant on physical cash. Although we have accelerated our progress towards low reliance on cash over the past two years, it remains essential to protect cash and restore ease of access.

    I look forward to the proposals on the sustainability of the ATM system, making sure all ATMs are free to customers without risking the affordability of maintenance for providers. I am also interested to see more of the measures on consumer rights and protections and the economic crime Bill, which is increasingly crucial at a time when people have less, if any, disposable income.

    I spoke last week about Safe Hands funeral plans and the devastating impact of the company’s collapse on victims who face losing thousands of pounds they simply cannot afford to lose. I agree that strengthening this area of our statute book is essential. We need strong reform of limited partnerships and the role of Companies House, although I reserve judgment on the efficacy of the Government’s proposals until the details become clearer.

    I am also eager to see the energy security Bill. It is high time—to be honest, it is too late—that the Government addressed the price crisis that is hitting households so hard. Over the past few months, this issue has been high on the list of reasons for constituents to seek support from my office. It has been so frustrating to see the Government offer so little to help the millions who are struggling to keep up. It is not just households, either: there is currently no price cap for businesses, and smaller businesses are finding themselves at real financial risk. The Government advertise themselves as the party of business, so they must do more to back up that claim.

    There are quite a few Bills that we need to see in detail as soon as possible, including the Brexit freedoms Bill to address retained EU law, the Bill of Rights and the national security Bill.

    I said I would return to the things that are missing from the Queen’s Speech, and I will focus on a big one. This year’s Queen’s Speech skirted neatly around the very large elephant in the room—an elephant that, for some reason, the Government are determined to ignore. At the very least, they do not want to make eye contact with it, perhaps because they know that, at the end of the day, they can leave the metaphorical room. Everyone else though—our constituents, the taxpayers and voters—is stuck in that room, eye to eye with the elephant, every single day. The room gets tighter, conditions worsen and the walls are constantly closing in. There is no sunlight and, seemingly, no escape. The Government failed to adequately account for the single biggest, most immediate and pressing crisis this country is facing: the cost of living. We are all acutely aware of it, and colleagues on Benches across the House will agree that we are fortunate that we do not feel it in quite the same way as many of our constituents do. The only way to achieve economic growth is to invest in our people. The Government are not doing enough of that, and that is incredibly short sighted.

  • Mark Fletcher – 2022 Speech on Achieving Economic Growth

    Mark Fletcher – 2022 Speech on Achieving Economic Growth

    The speech made by Mark Fletcher, the Conservative MP for Bolsover, in the House of Commons on 18 May 2022.

    In respect of what the hon. Member for Swansea West (Geraint Davies) said about democracy, one would think that in the current circumstances we would be incredibly careful. We cherish our democracy in this country. Our institutions are strong. Democracy, freedom and the rule of law run through the core of this country, and hearing him observe so flippantly that democracy is under attack, or, earlier, hearing the hon. Member for Paisley and Renfrewshire South (Mhairi Black) suggest that we are descending into something close to fascism—only seconds after saying that words matter—is extremely frustrating.

    Mhairi Black

    Will the hon. Gentleman give way?

    Mark Fletcher

    I am afraid the hon. Lady did not give way to me, so I am going to return the favour.

    The Queen’s Speech set out some of the things that we have needed to do for a long time for the purpose of economic growth. I am thinking particularly of the Levelling-up and Regeneration Bill, which offers several solutions for Bolsover, Derbyshire, and the east midlands in general. That part of the country has struggled since its former industry, coalmining, has diminished. What we have needed for a long time is a new economic settlement. Behind the figures relating to our local economy we see a great many low-skilled and low-wage jobs, and we are not reaching the potential that we have as a region. According to one of the most indicative statistics, the investment going into the east midlands, whether private or public, is much lower than the investment going into other regions.

    One option that the Levelling-up and Regeneration Bill presents us with is a devolution settlement. Over the last two years in this Parliament, I have been lucky enough to be Parliamentary Private Secretary to the Secretary of State for Business, Energy and Industrial Strategy, and I have had insights into how various colleagues engage with Ministers here. One of the most striking things has been that regional Mayors work. They work as a way in which the private sector and the Government can engage with a particular area and help to bring investment, jobs, skills and education to it.

    Unfortunately, the east midlands is fighting with one hand tied behind its back when it comes to competing with London, Manchester, the west midlands, South Yorkshire and Teesside. It is undoubtedly true that the Mayors of those areas are having a huge impact; they are becoming household names across the country. Anyone who wants to invest in the east midlands will have to speak to at least one county council, at least one district council and almost certainly the local enterprise partnership, which becomes cumbersome. Anyone who wants to invest in the west midlands can ring Andy Street’s office, and that is a much easier process. Andy Street can then pick up the phone and talk to whoever he needs to talk to. Within this Queen’s Speech and this Bill, we can find various ways for powers to descend to our regions, and that will empower us to create more economic growth locally.

    Another thing that I am pleased to see in the Queen’s Speech, again in the Levelling-up and Regeneration Bill, relates to planning. For too long, there has been frustration that when housing comes to Bolsover, either it is through a salami-slicing approach of adding five or six houses to a village or it is a huge new estate that does not get the investment in the public services that need to come with it, such as a GP surgery or local school. We have a problem in that demand for those public services has gone up. The outline for the planning reforms is very strong, and if we are looking at levelling up an area such as Bolsover, we need to improve education and skills levels. We need to be able to bring skilled jobs to the area; we need affordable, quality housing; and we need to be able to bring in infrastructure that is fit for the 21st century.

    There is an admirable line on public transport, which is that the Government would like to get the rest of the country’s transport connectivity much closer to the standard of London’s. I do not expect Bolsover to get an underground system any time soon, but I suggest to the Transport Secretary that we would accept just a few new bus routes that actually work and that run beyond 7 o’clock in the evening. I admire the emphasis on ensuring that we have public transport, because the groups most impacted by a lack of it are the elderly, students and younger people, and those on low incomes. It is hard to generate economic growth without good public transport.

    I am looking forward tremendously to the Schools Bill, because there are many positive things in it, but one of my great frustrations is that we have no post-16 education in Bolsover. That requires everybody to travel out, but our bus services are not fit for purpose.

    I will end on this, Madam Deputy Speaker, because unlike some others, I will stick to six minutes. I very much welcome the conversion therapy Bill. The Government will know that I think it needs to go further, and I hope that that will happen. A number of colleagues have fought incredibly hard to ensure that this issue remains on the agenda, and I doff my cap to them because this is incredibly important and something that we should put an end to in the 21st century.

  • Geraint Davies – 2022 Speech on Achieving Economic Growth

    Geraint Davies – 2022 Speech on Achieving Economic Growth

    The speech made by Geraint Davies, the Labour MP for Swansea West, in the House of Commons on 18 May 2022.

    It is a pleasure to follow the hon. Member for Hertford and Stortford (Julie Marson). Today, we listened again to the Prime Minister telling us that we had a strong economy, yet when Labour left office only 26,000 people a year were going to food banks and now there are 2.6 million—100 times as many. We heard that 500,000 more people are in work than before the covid pandemic, but according to the ONS there are 444,000 fewer people in work—the Prime Minister conveniently missed out the self-employed. He said, “We are the low-tax party,” but taxes are now at a 50-year high and the Chancellor increased taxes by £40 billion last year. The tax share of GDP is at a level not seen since Attlee, when we were coming out of the second world war and we needed to charge such taxes.

    Inflation is at a 40-year high. There is a departmental freeze on spending, so there are savage cuts across the board. [Interruption.] I see the right hon. Member for North East Somerset (Mr Rees-Mogg)—the Minister for Brexit opportunities and Government inefficiency—chattering away, living up to his title in the delivery of inefficiency. The truth is that inflation, ironically, is helping the Government’s revenues. They have a four-year freeze on personal allowances and tax thresholds, which means a creeping increase in tax as people sink into tax thresholds and allowances go down in real terms. They are planning a cynical attempt to drop tax before the next election in 2024 or 2025. That will be gobbled up by that inflationary clawback. People will think that they are getting a tax cut, but will lose twice the amount.

    Is there an alternative? The answer, of course, is yes, and the evidence is that in the 10 years to 2008, when Labour was in power, the economy grew by 40%. We did not just give the proceeds away; we used them to double investment in the health service, double investment in education and bring millions of young people and pensioners out of poverty. We bequeathed a debt-to-GDP ratio of 45%; it is now 90%, so the share of debt has doubled. The Institute for Fiscal Studies has said that, if our trend of growth had continued, people would be £11,000 better off than they are today. They would be much more resilient to the global shocks that we have all seen, including Ukraine and covid.

    There has been catastrophic mismanagement since 2010. It started with Osborne’s austerity, which simply did not work: it just drove down growth, because people were expecting that they might be one of the 400,000 people he said he was going to sack. We then had the stupidity of hard Brexit, when we decided that we would all be outside the single market. There is no move now for product realignment or a minimum amount of worker movement to allow lower-cost market access, which is what businesses want, so a third of businesses that have been exporting to the EU now say that they will not do it at all.

    We have a low-growth, high-cuts, high-tax, wage-cutting Government—a complete failure. I appreciate that a windfall tax is not the complete answer, but let us understand what a windfall tax is. The oil companies worked on a marginal profit that was quite healthy; then, all of a sudden, Putin invaded and there was an escalation in the price and a massive profit over the cost of production that the companies did not do anything to deserve. That is Putin’s profit, and people here deserve it to help them through the hard times that we are going through because we are imposing sanctions. Sanctions, of course, take time; the IMF says that sanctions will cut the Russian economy by 8.5%, but they will not stop a Russian tank. The war needs to be won to sort the situation out, but that is another story.

    We certainly need to increase productivity, but the reality is that the Chancellor’s ambition is to bring investment per child in education by 2024 up to Labour’s 2010 levels. Our young people need to be invested in now.

    There is talk of everyone having to go back to the office. Indeed, the Minister—that man sitting on the Front Bench—has said, “We have all got to go back to work in the traditional way.” However, a study by the Office for National Statistics shows that there would be a considerable increase in productivity and a delay in retirements if people were allowed to work from home. In particular, women, carers and people looking after families could work flexibly. Furthermore, people being at home for one day in five would take 20% of the traffic and 80% of the congestion off the roads, so we would spend less on roads and it would be carbon-friendly.

    This whole approach to productivity, green investment, and cognisance of those matters, is completely ridiculous. Macron, along with Italy and Germany, has asked why we cannot take a more collaborative approach to trade with Britain—and, indeed, bring in Ukraine, because it shares the same values. All we are doing is starting a trade war on the back of the very sensible arrangement that Ireland should be in the single market to protect it. That is what the Government agreed and that is what should continue to operate.

    Apart from the economic catastrophe, to which there is a clear solution, I fear that there are attacks on the fundamental rights of democracy. The Queen’s Speech contains all this stuff about reducing the power of an independent judiciary. Obviously the Government are very angry with Miller because the judiciary in that case gave us a vote on the Brexit deal, and they are very angry with the judiciary for allowing democracy to be reconvened after the Prime Minister had tried to abandon it for a long period. The composition of the Supreme Court has been changed and seven of its key decisions have been reversed. It has been intimidated by the media, and by Ministers sitting there slagging it off—particularly, the Lord Chancellor who is supposed to defend it. The average tenure of a Lord Chancellor is now one and a half years; it used to be four years. The Lord Chancellor used to be a senior judge, or a member of the judiciary who was respected, rather than someone who just wants to proceed to the next ministerial position. Our independent judiciary is under attack, our rights are under attack, and our democracy is under attack.

    I respect what the hon. Member for Paisley and Renfrewshire South (Mhairi Black) said about the rolling authoritarianism that we see in the contexts of poverty, the economy, and the democracy that we fundamentally are. We are better than this. We deserve better than this. We do not want low growth, large cuts and low wages; we want high growth, and a fairer and stronger economy in the future. Let us roll forward and deliver that—with a Labour Government.

  • Julie Marson – 2022 Speech on Achieving Economic Growth

    Julie Marson – 2022 Speech on Achieving Economic Growth

    The speech made by Julie Marson, the Conservative MP for Hertford and Stortford, in the House of Commons on 18 May 2022.

    It is a pleasure to speak in this debate and to support the legislative agenda that the Government set out in the Queen’s Speech. When Harold Macmillan was asked what the greatest challenge facing a statesman was, he famously responded, “Events, dear boy, events”. During my entire time in this place, we have been buffeted by extraordinary, frightening events, not least for our constituents up and down the country, including in my constituency. There has been fear of the health consequences of the global pandemic, as well as its economic consequences on lives and livelihoods, and the pandemic is still having an impact across the globe, notably in China. The effect on supply chains of the covid resurgence in China, including in Shanghai, is also having a devastating economic impact.

    We have had to face Russia’s evil and unjustified invasion of Ukraine. Not only have we rightly imposed sanctions, which the whole House supports, but the invasion itself has had an economic impact. The Governor of the Bank of England warned this week at the Treasury Committee of the “apocalyptic” prospects for food prices. He also said clearly that 80% of the causes of inflation was due to global factors. That makes Government intervention very difficult. This is a very challenging time and the cost of living crisis is very challenging for any Government who face it. They are being buffeted by global events.

    After listening to some very fine and impassioned speeches from Opposition Members, I cannot help but remember that, if things had gone differently, and if they had had their way, the leader talking to our NATO allies and shepherding this country through these economic and security crises would have been the right hon. Member for Islington North (Jeremy Corbyn) and we would have had a Chancellor who brandished the little red book in this Chamber. So thank goodness—I believe this very strongly—that it is a Conservative Government who have been shepherding this economy and country through unprecedented, back-to-back crises over the past few years and who will continue to do so.

    This Government, in shepherding and controlling the economy, have enabled us to support lives and livelihoods for the past few years to the tune of £400 billion. They continue to support people in need with a package currently of £22 billion for measures that include reducing fuel duty, raising national insurance thresholds, increasing the national living wage and others.

    The heroes of the pandemic were our doctors, nurses and key workers. The future heroes in this global crisis will be the business owners, the workers in businesses and those who are innovating and starting new businesses. As I see it—I have said this before in the Chamber—that is where the Government’s role is that of a groundsman. It is about setting the pitch and conditions for our bowlers and batsmen to be able to respond to the difficult balls and to knock the easy balls out of the park. I see the context of this Queen’s Speech as one where, as the groundsman, we put in place those conditions, so that our players can play the best game available.

    As the Chief Secretary set out, that means dealing with skills, innovation and infrastructure. All those measures are included in the Queen’s Speech: the Levelling-up and Regeneration Bill; the Brexit freedoms Bill; proposals on data reform and financial services to support our critical venture capital industry; the UK Infrastructure Bank Bill; and the higher education Bill. This is a consistent, thought-through package of legislation that will deal with the global and domestic challenges in the years ahead. I absolutely commend it to the House.

  • Mhairi Black – 2022 Speech on Achieving Economic Growth

    Mhairi Black – 2022 Speech on Achieving Economic Growth

    The speech made by Mhairi Black, the SNP MP for Paisley and Renfrewshire South, in the House of Commons on 18 May 2022.

    For a party that prides itself on the economy, the Tories have a shocking record of running it. Our economy has the slowest growth in the G7. We have greater regional inequality than almost any other developed nation. Food banks now do the job of Government in providing for families—families that are more often than not in work.

    The Government could start solving this crisis by providing solutions, such as closing tax-avoidance loopholes or creating a windfall tax for energy companies. Instead, we get endless Bills paying lip service to a manufactured culture war. The priority is not the economy. It seems to be things like protecting freedom of speech, yet the Tories are the ones who banned schools in England from using sources that are not overtly pro-capitalist. They are cracking down on freedom of assembly and protest. They are privatising Channel 4, when the Culture Secretary did not even know that Channel 4 receives no public money, so the argument is not financial. When we consider, as the hon. Member for Rhondda (Chris Bryant) touched on earlier, that the Culture Secretary was once a key focus of a Channel 4 documentary about the influence that Christian fundamentalism has on UK politics, it becomes even more concerning that this decision is political and personal. It is not professional.

    Most terrifying of all, however, is that the Government literally want to get rid of the Human Rights Act. That begs the question: for whom do they think rights have gone too far? Do they know how scary it is to sit at home and wonder if it is you—is it your rights that are up for grabs? We have witnessed Windrush. Our economic strategy is to open our doors to the rest of the world when we need their hard work and then chuck them out 50 years later without a word’s notice. We tell our own citizens that their safety cannot be guaranteed in Rwanda, but we are perfectly happy to ship asylum seekers, people fleeing war and persecution, over to Rwanda as though they are cattle to be dealt with by someone else and despite knowing that the plan costs more than it will ever save.

    This is just little England elites drunk on the memory of a British empire that no longer exists. We have the lowest pensions in Europe and the lowest sick pay. We pretend the minimum wage is a living wage when it is not. We miss our own economic targets time and again. We are happy to break international law. We are turning into a country where words hold no value.

    Over the last 12 years, I fear we have been sleepwalking closer and closer to the F word. I know everyone is scared to say it for fear of sounding over the top or being accused of going too far, but I say this with all sincerity. When I say the F word, I am talking about fascism—fascism wrapped in red, white and blue. You may mock and you may disagree, but fascism does not come in with intentional evil plans or the introduction of leather jackboots. It does not happen like that. It happens subtly. It happens when we see Governments making decisions based on self-preservation, based on cronyism, based on anything that will keep them in power, when we see the concentration of power while avoiding any of the scrutiny or responsibility that comes with that power. It arrives under the guise of respectability and pride, which will then be refused to anyone who is deemed different. It arrives through the othering of people and the normalisation of human cruelty. I do not know how far down that road we are. Time will tell, but the things we do in the name of economic growth—the warning signs are there for everyone else to see, whether they admit it or not.