Section 5 of the European Communities (Amendment) Act 1993 Debate

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Department: HM Treasury

Section 5 of the European Communities (Amendment) Act 1993

Colin Clark Excerpts
Tuesday 26th March 2019

(5 years, 1 month ago)

Commons Chamber
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Colin Clark Portrait Colin Clark (Gordon) (Con)
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I am glad to rise to support my right hon. Friend the Chief Secretary to the Treasury. I serve on the Treasury Committee, and it is a pleasure to follow my right hon. Friend the Member for Gainsborough (Sir Edward Leigh), who is so optimistic. I am also glad to follow the hon. Member for Glasgow Central (Alison Thewliss), who always speaks from the heart.

Do Labour Members and SNP Members welcome the fact that, despite their concerns about Brexit, Forbes recognises the UK as the No. 1 place to do business? The UK is currently the second highest location for inward investment in the world and the highest in Europe. The market believes that the UK has a future after Brexit; Opposition Members do not.

Alison Thewliss Portrait Alison Thewliss
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Does the hon. Gentleman not agree that there is no deal as good as the deal that the UK currently has as an EU member state?

Colin Clark Portrait Colin Clark
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I do not agree with that, actually. The Treasury Committee has discussed the fact that the UK has the highest employment growth in Europe, which is an inexplicable miracle. Mark Carney, the Governor of the Bank of England, could not explain why it is happening. This country is a jobs miracle because this Government believe in private enterprise. Opposition Members do not believe in private enterprise. They believe in the crushing hand of the state, which damages business and does not build it up.

In my constituency, we have 1.2% unemployment. We have the highest employment levels we have ever had. The oil and gas industry expects £200 billion-worth of future investment because it is optimistic about business. This Government’s Treasury is supporting the oil and gas industry and backing much of the fiscal policy that is making this the most attractive place to do business.

This is so difficult because the Opposition parties simply cannot get their heads around the Conservatives being the party that supports aspiration, which is instinctively what we do. Many Conservative Members are, like me, self-made businessmen. We are the party of enterprise, and I am living proof of that enterprise.

None Portrait Several hon. Members rose—
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Colin Clark Portrait Colin Clark
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We are the party of optimism and, on the subject of optimism, I will let a pessimist speak up.

David Linden Portrait David Linden (Glasgow East) (SNP)
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The hon. Gentleman spoke earlier about the UK’s high ranking in Forbes magazine. Can he tell us how the UK rates on food bank usage?

Colin Clark Portrait Colin Clark
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That is the difference between the hon. Gentleman and me, because I consider the fact there are food banks to support people to be an example of charitableness. I want to celebrate the success of this country, not the failure, and it is the Conservative party that will make sure this country is a success.

Stewart Malcolm McDonald Portrait Stewart Malcolm McDonald (Glasgow South) (SNP)
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Will the hon. Gentleman give way?

Colin Clark Portrait Colin Clark
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I will finish, because we are running out of time.

We are the party of opportunity, and they are the parties that would destroy opportunity. We are the party that wants to support everyone in society and give people a hand up, and they are the parties that would crush people with taxation. It is interesting that the hon. Member for Glasgow Central mentioned the OBR and taxation, because it was the OBR that recognised that the differential in taxation will damage the Scottish economy—and that was the Scottish Government’s choice.

This is a Conservative party building the economy, and the socialist parties on the Opposition Benches would crush the United Kingdom economy as we leave. I support the motion.

Question put, That the amendment be made.

The House proceeded to a Division.

Eleanor Laing Portrait Madam Deputy Speaker (Dame Eleanor Laing)
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I ask the Serjeant at Arms to investigate the delay in the No Lobby.