36 Lord Haskel debates involving the Department for Business, Energy and Industrial Strategy

Mon 19th Dec 2022
Mon 16th May 2022
Thu 10th Feb 2022
Commercial Rent (Coronavirus) Bill
Grand Committee

Committee stage & Committee stage
Mon 14th Jun 2021
Wed 6th Jan 2021
Trade Bill
Lords Chamber

Report stage:Report: 3rd sitting (Hansard) & Report: 3rd sitting (Hansard) & Report: 3rd sitting (Hansard): House of Lords
Mon 7th Dec 2020
Trade Bill
Lords Chamber

Report stage & Report stage:Report: 1st sitting & Report stage (Hansard): House of Lords & Report: 1st sitting & Report: 1st sitting: House of Lords

Energy Bill [HL]

Lord Haskel Excerpts
Lord Haskel Portrait The Deputy Chairman of Committees (Lord Haskel) (Lab)
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My Lords, if there is a Division in the Chamber while we are sitting, the Committee will adjourn as soon as the Division Bells are rung and resume after 10 minutes.

Clause 165: Relevant heat network

Amendment 161AA

Moved by
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Lord Teverson Portrait Lord Teverson (LD)
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Is there a way in which we can just say yes to the government amendments here? There are hundreds of them—well, about 50—so it would make a lot of sense.

Lord Haskel Portrait The Deputy Chairman of Committees (Lord Haskel) (Lab)
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I am applying the usual convention. Okay?

Amendments 161C to 161D not moved.

Queen’s Speech

Lord Haskel Excerpts
Monday 16th May 2022

(1 year, 11 months ago)

Lords Chamber
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Lord Haskel Portrait Lord Haskel (Lab)
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My Lords, I share many of the hopes for our economy expressed in the gracious Speech, but that is what they are: hopes—hopes dressed as Bills. I agree with other noble Lords that what is required is a strategy, a coherent plan on how we will achieve these hopes, and a coherent plan to grow an economy weakened by the pandemic, weakened by Brexit and weakened by inconsistency regarding trade, taxes and employment. Central to this must be a response from the Government regarding the rules by which business operates: rules that support companies to behave properly and responsibly and prevent chaotic collapses such as those of Thomas Cook and Carillion, mentioned by the Minister.

The real answer is a kind of “better business” Bill, based on the White Paper published a year ago that was followed by several reviews, all supported by major business organisations, employers and trade unions. This legislation has been downgraded once again in favour of campaign legislation. Indeed, the Institute of Directors has said that this is urgently needed to make the economy more business friendly. I agree with my noble friend Lady Jones; we need a mini-Budget with a windfall tax on energy companies to help deal with the immediate problem of putting more money into people’s pockets.

My noble friend also asked: where is the employment Bill? A major part of our industrial strategy must deal with casualisation and insecurity at work—something brought home to all of us should we need care, especially during the pandemic. A year ago, the Government reaffirmed their commitment to a single enforcement body for workers’ rights. This was particularly directed towards umbrella companies and the so-called “flexible labour market”.

Legitimate umbrella companies are desperate for government regulation of the sector so that they are not undercut by unfair competition. Like most companies, they realise that if somebody is working for you, you have a responsibility to make sure that they are not exploited, underpaid, or victims of the race to the bottom. Our renewed industrial strategy should also focus on the new economy, where intellectual property, digitalisation, brands, knowledge and ideas are key to growth and wealth creation—the so-called “intangible economy”. Our industrial strategy must make the institutions that support this sector a lot more robust.

The gracious Speech speaks of housing and local empowerment. Yes, improving the UK’s housing supply is a critical issue and could stimulate good jobs and economic growth. This Government have presided over one of the worst housing crises in the western world. Many economists believe that restricting housing supply is a drag on our economy and puts us at a significant disadvantage. Affordable housing is essential for social mobility, and the so-called street plans could potentially deliver thousands of homes near public transport in high housing cost areas, with economic gain shared among all the community. This is one of the few proposals that we should explore further.

With the economy heading towards stagflation and contraction, this gracious Speech is a poor response to the economic problems facing us. Will the Government postpone the trivial and vanity legislation in the gracious Speech and give us an industrial strategy that unites us in dealing with our immediate and challenging problems and promises a better future for us all?

Relevant document: 19th Report from the Delegated Powers Committee
Lord Haskel Portrait The Deputy Chairman of Committees (Lord Haskel) (Lab)
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My Lords, Members are encouraged to leave some distance between themselves and others and to wear a face covering when not speaking. If there is a Division in the Chamber while we are sitting, this Committee will adjourn as soon as the Division Bells are rung and resume after 10 minutes.

Clauses 1 to 3 agreed.

Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2021

Lord Haskel Excerpts
Monday 6th December 2021

(2 years, 4 months ago)

Lords Chamber
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Lord Haskel Portrait The Deputy Speaker (Lord Haskel) (Lab)
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Is the noble Lord objecting to agreeing them en bloc?

Lord Haskel Portrait The Deputy Speaker (Lord Haskel) (Lab)
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My Lords, the Minister’s Motion to move these Motions en bloc has been objected to.

Lord Foulkes of Cumnock Portrait Lord Foulkes of Cumnock (Lab Co-op)
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My Lords, I exercised the right that all noble Lords have to object to Motions being taken en bloc, not because I object to these two particular Motions being taken en bloc but because I object to the fact that, when the Leader of the House made a business statement earlier today, no other Member of the House was able to ask questions or make any comments. Yet it was a very substantial statement, and some of us wanted to point out that we object to decisions about who should speak virtually and who should speak in the Chamber being taken by a party-political representative—the Leader of the House—rather than by the Speaker. I was not able to make that comment; others wanted to make similar comments. I would like the Deputy Speaker, and anyone else who can, to raise the matter with the Lord Speaker, and I will do so myself. Perhaps the Minister will too. The issue is why there was no opportunity to question the Leader of the House when she made that business statement.

Climate Change: Trade Policy

Lord Haskel Excerpts
Thursday 28th October 2021

(2 years, 6 months ago)

Lords Chamber
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Asked by
Lord Haskel Portrait Lord Haskel
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To ask Her Majesty’s Government what assessment they have made of the compatibility of their trade policy with their climate change ambitions.

Lord Grimstone of Boscobel Portrait The Minister of State, Department for Business, Energy and Industrial Strategy and Department for International Trade (Lord Grimstone of Boscobel) (Con)
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My Lords, the UK is committed to using its multilateral and bilateral trade policy to encourage the uptake and spread of clean technologies as a lever to remove market distortions and to help countries to adapt to the challenges and impacts of climate change in pursuit of our Paris Agreement and the 2050 net-zero target.

Lord Haskel Portrait Lord Haskel (Lab)
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I welcome the Minister’s fine words, but some trade agreements seem to ignore them. For example, will we continue our membership of the 53-nation Energy Charter Treaty and the interstate dispute settlement protocol, both of which protect fossil fuel companies against measures that damage their profits and have been used to challenge environmental regulations?

Lord Grimstone of Boscobel Portrait Lord Grimstone of Boscobel (Con)
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My Lords, environmental policies are at the forefront of our minds when we negotiate free trade agreements and in the areas to which the noble Lord refers. But, of course, these agreements are negotiated. We push very hard for the inclusion of all the lines we want but sometimes, necessarily, there has to be a bit of give and take in these agreements.

Professional Qualifications Bill [HL]

Lord Haskel Excerpts
Lord Haskel Portrait The Deputy Chairman of Committees (Lord Haskel) (Lab)
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My Lords, the Hybrid Sitting of the House will now resume. I ask all Members to respect social distancing. I will call Members to speak in the order listed. During the debate on each group I invite Members, including Members in the Chamber, to email the clerk if they wish to speak after the Minister. I will call Members to speak in order of request. The groupings are binding. A participant who might wish to press an amendment other than the lead amendment in a group to a Division must give notice in debate or by emailing the clerk. Leave should be given to withdraw amendments. When putting the Question, I will collect voices in the Chamber only. If a Member taking part remotely wants their voice accounted for if the Question is put, they must make this clear when speaking on the group. We will now begin.

Clause 3: Implementation of international recognition agreements

Debate on whether Clause 3 should stand part of the Bill.
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Lord Haskel Portrait The Deputy Chairman of Committees (Lord Haskel) (Lab)
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My Lords, we now come to the group consisting of Amendment 30. Anyone wishing to press this amendment to a Division must make that clear in debate.

Amendment 30

Moved by
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Amendment 30 withdrawn.
Lord Haskel Portrait The Deputy Chairman of Committees (Lord Haskel) (Lab)
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We now come to the group beginning with Amendment 31. Anyone wishing to press this or anything else in this group to a Division must make that clear in the debate.

Amendment 31

Moved by

Trade Bill

Lord Haskel Excerpts
Report stage & Report: 3rd sitting (Hansard) & Report: 3rd sitting (Hansard): House of Lords
Wednesday 6th January 2021

(3 years, 3 months ago)

Lords Chamber
Read Full debate Trade Bill 2019-21 View all Trade Bill 2019-21 Debates Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: HL Bill 128-R-III Third marshalled list for Report - (22 Dec 2020)
Viscount Trenchard Portrait Viscount Trenchard (Con)
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My Lords, I hesitate to speak in connection with Northern Ireland matters and have tended to leave these matters to those with more experience of the Province. Like many noble Lords, I regret that the Northern Ireland protocol introduces uncertainties into the status of the Province as an integral part of the United Kingdom.

Amendment 17 is fair enough, except that it is unnecessary in a trade Bill. It is not necessary to complicate the Bill in this way because it is incumbent on the Government to comply with the requirements of the protocol. This includes, as noble Lords are aware, an affirmation of the place of Northern Ireland in the United Kingdom customs territory. Furthermore, the Government would not be able to enact any FTA not consistent with our international obligations. I believe that there is a strong case for saying that entering into the withdrawal agreement and the Northern Ireland protocol breached Article 50 of the Lisbon treaty. As the noble Lord, Lord of Kerr of Kinlochard, knows well, because he drafted it, the treaty clearly states that the terms of withdrawal of a member state shall be agreed against the background of that state’s future relationship with the European Union. The EU, in my view, wrongly decided to cajole us into negotiating and agreeing the terms of withdrawal separately, and ahead of, agreeing what our future relationship should be. I trust that the Joint Committee will continue to make progress in mitigating the damage the protocol may do to the Belfast/Good Friday agreement.

Amendment 18 covers only north-south trade. It does not mention east-west trade. Amendment 26 covers east-west trade, but not in precisely the same terms. I believe that neither amendment is relevant or necessary in this Bill, although it is most important that facilitations should be agreed which minimise damage to both north-south and east-west trade.

Lord Haskel Portrait The Deputy Speaker (Lord Haskel) (Lab)
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I call the noble and learned Lord, Lord Morris of Aberavon. He is not there, so we will move on to the noble Baroness, Lady Neville-Rolfe.

Baroness Neville-Rolfe Portrait Baroness Neville-Rolfe (Con) [V]
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My Lords, I rise to express my concern at these amendments. They have been presented at length and with much eloquence by the noble Lord, Lord Hain, and others. However, they ought not to be for this Bill.

This is not a Bill on our future relationship with the EU or the Northern Ireland protocol. We put all that to bed last month; there is another debate on Friday and a great deal of work continues not least in the EU committee on which I have the honour to serve and in the Joint Committee. However, except on procurement, the Trade Remedies Authority and data, this Bill is concerned with existing agreements between the EU and third countries. I take this opportunity of congratulating the Minister and Secretary of State Truss on the 63 agreements concluded with third countries in the last year, a record that will undoubtedly stand. The idea of attaching new conditions to such continuity agreements on other policy areas such as the Good Friday agreement, however strongly felt by those involved, is inappropriate. I will vote against the amendment for that reason, as I hope will others across the House.

The EU deal is behind us, thanks to the Prime Minister, my noble friend Lord Frost and the team, and the time has come to get this Trade Bill, which started as long ago as 2017, on to the statute book. I will not extend proceedings by speaking on other amendments which suffer from the same problem and which will also, no doubt, be presented with an equally eloquent case. We do no good in this House by introducing these kinds of conditions into inappropriate or irrelevant Bills. To my mind, they should be rejected.

Separately, as someone who loves and has historically been involved in investment in Northern Ireland, and in the interests of reducing uncertainty, to which my noble friend Lord Cormack referred, I look forward to the Minister’s comments on the teething problems in supermarkets mentioned by the noble Baroness, Lady Ritchie of Downpatrick.

Lord Haskel Portrait The Deputy Speaker (Lord Haskel) (Lab)
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I call again the noble and learned Lord, Lord Morris of Aberavon. No? I call the noble Baroness, Lady Suttie.

Baroness Suttie Portrait Baroness Suttie (LD) [V]
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My Lords, it is a somewhat unexpected pleasure to end up following the noble Baroness, Lady Neville-Rolfe, who always brings so much practical business experience to debates, not least on Northern Ireland, given her experience with Tesco.

This has been an interesting short debate, with many powerful speeches. As the noble Lord, Lord Hain, and others have said, these amendments were tabled before a trade deal was reached with the EU and an outcome had been found for many of the remaining unresolved issues on the Northern Ireland protocol. Although Amendments 17 and 18, to which I have added my name, have clearly been passed by events, the anxieties surrounding the Government’s ongoing commitment to the 1998 Good Friday/Belfast agreement remain, as the noble Baroness, Lady Ritchie, spelled out so powerfully. It is unfortunate that, as a result of the timings of this Bill, this House was unable to express its view through a vote on Amendments 17 and 18 before the ratification of the UK-EU trade deal.

These cross-party amendments stem from a lack of trust in this Government’s ability to stick to their word. The handling of the Brexit negotiations has done little to increase that confidence. I therefore hope that the Minister can reconfirm to the House in his concluding remarks, for the record, the Government’s total commitment to the Belfast/Good Friday agreement now that the trade deal has been agreed.

Amendment 26 deals with unfettered market access between Northern Ireland and other parts of the United Kingdom’s internal market and in many ways reiterates the Government’s stated policy. We are now in day six of the post-Brexit world and dealing with the realities rather than debating ideologically based theories. We are now beginning to see the realities of barriers to trade and of what the BBC has described as the “internal UK border”. We are also witnessing the consequences of doing a deal so much at the last minute that proper preparation for the business community in Northern Ireland was not really an option.

Before Christmas, as the Minister will know, Northern Ireland trade groups warned that, in spite of the £200 million trader support service, businesses would not be ready to deal with the new border processes, computer systems and bureaucracy in time for 1 January. We are already seeing significant disruption to deliveries in Northern Ireland from many large retailers, such as Amazon, Sainsbury’s, John Lewis and others. There is a genuine and understandable concern that this is not just a result of teething problems but could mark the beginning of a long-term trend where retailers based in Great Britain cut their services to Northern Ireland because of significant additional red tape and costs.

The introduction of the three-month grace period, while welcome, begs the question of what preparations the Government are making now to ensure that similar problems do not occur after 1 April this year. I would be grateful if the Minister could say a little about what preparations are taking place to prepare for the end of the grace period and what mechanisms the Government are putting in place to minimise barriers to trade. Will he commit to ensuring genuine consultation with Northern Ireland businesses, as well as with businesses based in Great Britain, that are directly affected? Will he also commit to listen, make changes and reduce barriers to trade, where such changes are still possible within the constraints of the EU trade deal?

I end by referring to the very powerful speech of the noble and right reverend Lord, Lord Eames, quoting my noble friend Lord Fox, saying that trade is ultimately about people. Passing Amendment 26 this afternoon would go some way to removing some of the deep uncertainties currently facing people and businesses in Northern Ireland.

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Baroness Jones of Moulsecoomb Portrait Baroness Jones of Moulsecoomb (GP) [V]
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My Lords, I thank the Minister for his response, made in his usual sincere and emollient way. I had not understood just how devastating the impact of my amendment would be. I think there might have been a tiny bit of scaremongering in that. He also said so far, so good—but we all know that it is early days and we have a long way to go to get the sort of trade deals that we really want. We need the protections that we are asking for. We have had this debate a lot and the Minister knows full well how the majority of the House feels.

I thank all noble Lords who have contributed to this debate. I particularly enjoy the interventions of the noble Baroness, Lady Noakes, whom I very much enjoy clashing with. I should like to say to her that it is absolutely true—I do not trust this Government. I am in awe of her unswerving loyalty to them, especially in view of the fact that in the other place our Prime Minister stands up, makes all sorts of promises and then reneges on them. How she maintains her loyalty is absolutely astonishing.

However, we have had this debate many times. I do feel that the Government just do not understand the depth of feeling on this issue, not just in the House but among the general public, farmers and all sorts of producers. Ignoring this issue is a terrible mistake.

Lord Haskel Portrait The Deputy Speaker (Lord Haskel) (Lab)
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Is the noble Baroness withdrawing her amendment?

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Lord Haskel Portrait The Deputy Speaker (Lord Haskel) (Lab)
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We now come to Amendment 23. I remind noble Lords that Members other than the mover and the Minister may speak only once, and that short questions of elucidation are discouraged. Anyone wishing to press this amendment to a Division must make that clear in debate.

Amendment 23

Moved by

Trade Bill

Lord Haskel Excerpts
Report stage & Report stage (Hansard): House of Lords & Report: 1st sitting & Report: 1st sitting: House of Lords
Monday 7th December 2020

(3 years, 4 months ago)

Lords Chamber
Read Full debate Trade Bill 2019-21 View all Trade Bill 2019-21 Debates Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: HL Bill 128-R-I Marshalled list for Report - (2 Dec 2020)
Relevant document: 15th Report from the Constitution Committee
Lord Haskel Portrait The Deputy Speaker (Lord Haskel) (Lab)
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My Lords, I will call Members to speak in the order listed in the annexe to today’s list. Interventions during speeches, or “before the noble Lord sits down”, are not permitted and uncalled speakers will not be heard. Other than the mover of an amendment or the Minister, Members may speak only once in each group. Short questions of elucidation after the Minister’s response are permitted but discouraged. A Member wishing to ask such a question, including Members in the Chamber, must email the clerk. The groupings are binding and it will not be possible to degroup an amendment for separate debate. A Member intending to press an amendment already debated to a Division should have given notice in the debate. Leave should be given to withdraw amendments. When putting the Question, I will collect the voices in the Chamber only. If a Member taking part remotely intends to trigger a Division, they should make this clear when speaking on the group.

Clause 2: Implementation of international trade agreements

Amendment 1

Moved by
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Amendment 1 withdrawn.
Lord Haskel Portrait The Deputy Speaker (Lord Haskel) (Lab)
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We now come to the group beginning with Amendment 2. I remind noble Lords that Members other than the mover and the Minister may speak only once and that short questions of elucidation are discouraged. Anyone wishing to press this or anything else in this group to a Division should make that clear in the debate.

Amendment 2

Moved by
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Earl of Sandwich Portrait The Earl of Sandwich (CB) [V]
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My Lords, I also find Amendment 6 rather severe: not only is it asking for accountability to Parliament but it challenges the entire CRaG process. However, I accept that there is strong public feeling on this, which is confronting the Government’s post-Brexit policy directly and the political impetus towards global free trade. Many stakeholders and charities have already commented on several FTAs currently passing through Parliament; they want to be sure that there are safeguards throughout the process of scrutiny, and I understand that. I agree in principle with the noble Lord, Lord Purvis, and the right reverend Prelate. It is an impressive spectrum of opinion.

The noble Lord, Lord Tyler, refers to CRaG as minimalist, and he may well be right. However, I said earlier in our proceedings on the Bill that I had accepted the Government’s view that they had been flexible and that CRaG was, for the time being, fit for purpose and need not be altered yet—at least not radically. We have made a good start. The noble Lord, Lord Lansley, uses the word “consensus”; I admire what I know of the European Parliament’s scrutiny processes, especially its opening up to civil society in all member countries, but I have misgivings about a debate on the objectives of every FGA, because I can guess how much it would slow down our own process.

The noble Lord, Lord Lansley, made an important point about domestic legislation, but all this adds to the CRaG process. It is desirable, and there may be a time for it, but as we are entering a new era of trade agreements, we should wait to see how our existing process will cope with so much demand. Do we have the resources to do this? I am not sure whether the noble Baroness, Lady Jones, has taken that on board. We have already missed the boat with a row of important new agreements, either past or imminent. I suggest instead that CRaG and the issue of 21 days should be reviewed in a year’s time. So while I am sympathetic to the amendment I may have to abstain on the vote.

Lord Haskel Portrait The Deputy Speaker (Lord Haskel) (Lab)
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I call the noble Baroness, Lady Finlay. No? Then I call the noble Earl, Lord Caithness.

Earl of Caithness Portrait The Earl of Caithness (Con)
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My Lords, I am sorry that the noble Baroness was unable to give us the benefit of her wisdom.

An advantage of being “tail-end Charlie” as the last speaker of 15, is that most of the points have already been made, which helps to speed things up. Let me start with Amendment 12 in the name of my noble friend Lord Lansley. He made some convincing arguments and, unless the Minister can convince me otherwise, we should support the amendment. The noble Earl, Lord Sandwich, said that CRaG was fit for purpose. I contend that it is not. It was designed in another era, when we were part of the EU and the EU was doing our trade deals. Now we are doing our own trade deals—good luck to the Minister and godspeed to all his civil servants; they will need it in this complicated world. The trade deals that we negotiated 50 years ago are hugely different from those we are negotiating now. Today’s deals are much more complex and involve not only trade but each and every one of us—the environment, biodiversity, the way we live. Therefore, it is important that Parliament is properly involved.

How complex trade deals have become is the compelling argument for Parliament to be given a statutory right to look into these matters. Trade deals are only going to get more complicated, therefore the discrepancy between the current situation, which is out of date, and what is needed in the future, is growing. Effective scrutiny by Parliament on a statutory basis would improve the quality of decision-making. Nothing hones a civil servant’s pen quite like getting Parliament to have a good look at what they are doing.

We have heard that a common objection to the wording of Amendment 6 is that it ties the Government’s negotiating arms and affects their room to negotiate with the other side. I do not think it does. In America, Congress is a very useful weapon that the US negotiators use. They constantly say, “We couldn’t possibly get that through Congress”. Our discussions with the EU are at a very delicate stage, and if there had been a mandate from Parliament that one of the negotiating objectives of this Government was that we would be a sovereign state equal to the EU, we would not be having prevarications with some of the EU states. We would have had a much better chance of getting a deal. Rather than the Prime Minister saying: “We are going to be a sovereign state”, he could quite rightly say: “Parliament has said that we are going to be a sovereign state”. That would have saved a lot of the rather frustrating and silly discussions that are going on at the last minute. It would also consolidate the position of the UK as a serious negotiating partner which will ratify whatever deal is agreed if Parliament has had a proper say.

I am very much aware that the Minister has made concessions on a number of points, but that is not the same as having them in statute. In this day and age, given what has happened in America and how the EU looks at its trade deals and has adapted, it is time that we adapted and took a firmer view, giving Parliament the statutory backing that it needs to look at these matters, but not to the extent of tying the hands of the Minister and the Government in any negotiating deal. Therefore, I support Amendment 6 in the name of the noble Lord, Lord Purvis of Tweed.

Covid-19: Vaccine Taskforce

Lord Haskel Excerpts
Tuesday 10th November 2020

(3 years, 5 months ago)

Lords Chamber
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Lord Callanan Portrait Lord Callanan (Con)
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The noble Lord, Lord Bilimoria, was supportive, and he is not a Conservative Peer but an independent Cross-Bencher. The task force consists of a number of specialists in their fields from the Civil Service, the military and private sector organisations, all attempting to get the UK a vaccine that will solve the Covid problem. I would have thought the noble Lord would welcome that.

Lord Haskel Portrait The Deputy Speaker (Lord Haskel) (Lab)
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My Lords, all supplementary questions have been asked.

Covid-19: Small Businesses

Lord Haskel Excerpts
Thursday 29th October 2020

(3 years, 6 months ago)

Lords Chamber
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Lord Callanan Portrait Lord Callanan (Con)
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I totally agree with the noble Lord’s sentiments. As he is probably aware, we have launched a fundamental review of business rates, which will build on the changes that we are making to the system, worth more than £23 billion to businesses over the next five years.

Lord Haskel Portrait Lord Haskel (Lab) [V]
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My Lords, I welcome the job support schemes mentioned by the Minister but they are short-term solutions. They load many companies with debt, which limits their ability to invest in the skills, digitalisation, resilience and restructuring essential for our longer-term recovery. Will the Government set up a system that allows debt for equity, perhaps with progressive undertakings regarding corporate governance? Several schemes to do that have been put forward. Will the Government run with one?

Lord Callanan Portrait Lord Callanan (Con)
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The noble Lord is right to say that these schemes are essentially short-term but we are doing an awful lot to kick-start the economy. The Prime Minister has referred to the need to build back better and we are investing substantial sums. However, we of course keep these matters under constant review.