(4 weeks, 1 day ago)
Commons ChamberThere is a threat, but there is also an opportunity. What measures is my right hon. Friend taking to combat trade leakage and the diversion of goods produced in countries hit by high US tariffs, which may dump their products in the UK, undercutting our domestic producers? What steps is he taking to encourage manufacturers based in those countries and, indeed, in the EU, to relocate to the UK and export from here to the US to take advantage of our lower 10% tariff?
I am grateful to my hon. Friend for raising one of the most important issues we face: the impact of trade diversion—not just the relationship between the US and the UK, but what it means for goods that potentially would have gone to other countries coming to the UK market. That is something we have to be extremely vigilant about. He will know that we have those safeguards in place on the tariffs already announced on steel and aluminium, and that we have our own quotas and 25% tariff to protect domestic production to ensure that that is not the case. I can tell him that we stand ready to use those powers for any sector of the economy that we need to use them for, or indeed to take further powers if that is deemed to be necessary.
I want businesses to be based in the United Kingdom and to serve a whole range of markets from the United Kingdom. That pitch is not just about the comparative position we find ourselves in, but about the kind of policies we put in place to ensure we have the level of competitiveness we need. That is something that every country in the world is engaged in, but I assure my hon. Friend—not so much on the announcements last night, but on the wider agenda of the Government—that that is our commitment.
(1 year, 3 months ago)
Commons ChamberI thank my right hon. Friend for her question. I share her wish to pay tribute to the sub-postmasters who campaigned so long and effectively on the issue. I read with interest the piece she wrote the other weekend about what she thinks should be done, and I agree with much of what she said. As I said earlier, anybody who is responsible, either at a corporate level or individually, should be held to account, which may include payments to assist with compensation and looking at the contracts that have been awarded. It is right to let Sir Wyn Williams undertake his inquiry, report properly and assign blame, and we should take action, at a corporate or individual level, at that time, to make sure both of those bodies are accountable.
The Minister said that this was about not just compensation but restoration. That is true, but is it not also about misfeasance in public office? Will the Minister confirm that the maximum penalty for a public servant who willingly and knowingly acts in manner that results in harm, injury or financial loss to an innocent party is life imprisonment?
Well, the hon. Gentleman raises an important point about accountability. We have given Sir Wyn Williams the chance to look at all these issues and determine accountability and individual responsibility. I have dealt with a number of different scandals over the years, from the Back Benches as well as in my ministerial role. They happen at a corporate level too often for us to simply carry on in the way we have done in the past, so I am happy to take away the hon. Gentleman’s points about the potential penalty for the offence he describes, which I will discuss with officials and others.
(1 year, 7 months ago)
Commons ChamberIn the interest of moving to the vote, I will not speak.
In which case we come to the Minister, with the leave of the House.