(15 years, 7 months ago)
Commons ChamberI am very sorry—I will do my best. It is extremely difficult when there is a mechanism, a facility, and article 122, which used to be article 100 before it was changed by QMV in the Nice treaty. [Interruption.] There is also the recital, and as I said earlier, I am not going to sing. There is a lot of junk that you have to mug up on, but the basic principles are simple—get in there, stand up for your country, and do a good deal.
A structural lack of competitiveness is one of the fundamental problems underlying the current crisis. Can the Prime Minister say whether there was any discussion of the Lisbon 2020 agenda and how it will differ from the original Lisbon agenda in 2000, which failed dismally to make Europe the most competitive and dynamic economy in the world by 2010?
We did discuss the 2020 agenda. I think there is a feeling among a number of other Heads of Government that it is all very well—it has some good targets and a lot of sensible things about investing in skills and education and the rest of it—but it does not really do the hard things that we need to do in Europe to make our economies more competitive with those in the far east. That is the agenda that we need now—not just easy-to-agree targets and headlines but the tough things we need to do to make us more competitive.
(15 years, 8 months ago)
Commons ChamberThat issue is being discussed, but it is a difficult issue on which to get agreement from all G20, or even all EU, members. That is one reason we pushed ahead with the bank levy. The previous Government took the view that a bank levy could not be introduced until everyone agreed, but we would not have that revenue, and we would have to find it from somewhere else, if we had not taken the right, unilateral and brave action to put in place a bank levy.
Will the Prime Minister join me in welcoming to Westminster today the large delegation of Indian chief executives, many of whom he met on his trip to India in July, who are here to discuss ways of deepening trade and investment ties between the UK and India?
There is a very impressive team of Indian CEOs, some of whom are here to discuss climate change, green-tech jobs and how we can exchange technology and investment between our economies. That is an incredibly promising agenda. We have a very good green-tech sector and a lot of expertise in technology, and many other countries—India, in particular, perhaps—would like to see that technology brought to bear in their own countries, which, again, means jobs for them, jobs for us.