Repurposing Russian Assets to Rebuild Ukraine

Debate between Iain Duncan Smith and David Lammy
Tuesday 27th June 2023

(10 months, 2 weeks ago)

Commons Chamber
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David Lammy Portrait Mr Lammy
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This is a debate about repurposing. The hon. Gentleman might remember that after the first Gulf war, oil revenues were used to rebuild much of Kuwait. That is the central point that this debate is about. There is a consensus globally on the issue, with the Canadians, the United Nations and US Senators making progress in this regard. The debate is about repurposing. We have to be very careful to get the balance right. It is clear that we cannot leave Ukraine to do this on its own, so the question is: do we have the will to make this happen?

Iain Duncan Smith Portrait Sir Iain Duncan Smith (Chingford and Woodford Green) (Con)
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I am grateful to the Opposition for selecting this subject for debate. I cannot be here to make a full contribution, but I just want to ask the right hon. Gentleman a simple question. During a recent debate in this place, we pretty much came to a consensus that the first stage is to look to repurpose the frozen assets: $300 billion-plus of national assets and maybe $50 billion of individual assets. They are sitting in our hands. They are not the same as reparations; they are funds that are in very clear existence. A lot of international lawyers think it can be done. I just wondered what the right hon. Gentleman thought.

David Lammy Portrait Mr Lammy
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The right hon. Gentleman is right. He is right about the football team we both support—it is not the only thing he is right about, but he is right about that—and he is right that more than $300 billion of Russian state assets have been frozen by our global partners, with £25 billion here in the UK. The central point is that those assets are frozen, so the question is, what are we going to do now?

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David Lammy Portrait Mr Lammy
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That is, of course, central to the work my hon. Friend has been doing in his Seizure of Russian State Assets and Support for Ukraine Bill. I think the House could come together to amend the State Immunity Act. I do not want to comment on the Foreign Secretary, except to say that, in my experience, if he has had an overnight flight, he can be a little prickly, but we will not hold it against him.

Since the beginning of the invasion, more than £25 billion of Russian state assets have been frozen in the United Kingdom, and more than $350 billion of Russian state assets have been frozen by our global allies, and those vital assets could be used to help fund Ukraine’s recovery. Since February last year, my hon. Friend the Member for Cardiff South and Penarth (Stephen Doughty) and I have been pushing the Government on this issue relentlessly, and I pay tribute to the great work of my hon. Friend the Member for Rhondda (Sir Chris Bryant), who tabled his ten-minute rule Bill specifically to speed up the Government’s efforts in this area.

Each time, the Government’s response to Members of this House has been that the Government support repurposing Russian state assets but that it is complex. We fully accept that, but we do not accept—and I do not think, given its mood, that the House accepts—that this issue is insurmountably complex or that we should not try to meet this challenge.

We accept the concern that, on the whole, it is not good for any Government to seize another state’s assets and that the right to property is fundamental to the rule of law, but there are exceptions to that rule. For example, the law reserves the right to fine people and deprive them of ill-gotten gains. In the same vein, we recognise concerns that repurposing Russia’s central bank reserves could violate Russia’s sovereign immunity but, again, there are exceptions to that rule. We believe that Russia’s continued refusal to comply with international human rights law or to follow the orders of the International Court of Justice are good grounds for such an exception.

Simply put, we believe that Putin’s full-scale invasion of Ukraine represents a wholly exceptional act, from which exceptional countermeasures can flow, and we are not alone in that belief. As the Minister will know, the Canadians have had legislation in place since December last year to repurpose frozen Russian assets, and it is a similar common law jurisdiction to ours. The European Union is working at pace to ensure that Russian central bank reserves can be repurposed by the summer. Last month, United States politicians laid a Bill that would allow for state assets to be repurposed. Finally, we must remember that the UN General Assembly has voted on this very issue, adopting a resolution that calls for Russia to pay war reparations to Ukraine and for states to transfer Russian state assets into a central bank account to be repurposed. This begs the question: why, then, are the Government lagging behind our international allies in this area? We believe we must rise to this challenge, and we must rise to it now.

Iain Duncan Smith Portrait Sir Iain Duncan Smith
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I apologise for interrupting the right hon. Gentleman again.

Sovereign immunity applies in international law to foreign judicial processes. It is clear in international law that sovereign immunity does not apply to administrative or legislative processes, such as Bills. It is quite possible for us to pursue this by tabling legislation, as America has, to secure that process in the courts. Sovereign immunity applies only to judicial processes, so it would be wholly feasible in legislative terms.

David Lammy Portrait Mr Lammy
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The right hon. Gentleman is absolutely right. Very few countries now consider sovereign immunity to be an absolute immunity, and there have been many exceptions. Meeting damages, particularly those awarded by international courts and tribunals, is one such example. The State Immunity Act also expressly restricts sovereign immunity.

I agree with the right hon. Gentleman that Russia’s continued refusal to abide by international law provides us with exceptions, and we should now table legislation to make it clear that there are exceptions.

Northern Ireland Protocol Bill

Debate between Iain Duncan Smith and David Lammy
2nd reading
Monday 27th June 2022

(1 year, 10 months ago)

Commons Chamber
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David Lammy Portrait Mr Lammy
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The hon. and learned Lady knows that there is not a serious Queen’s Counsel in the country who would support the use of the doctrine of necessity in the way in which the Government have sought to use it, and I think that Conservative Members do as well.

Iain Duncan Smith Portrait Sir Iain Duncan Smith (Chingford and Woodford Green) (Con)
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If I heard him aright, the right hon. Gentleman indicated earlier that the Government should have used article 16. He said, “They have not yet used article 16”, indicating that they should use it before going down this road. It was, however, the hon. Member for Sheffield, Heeley (Louise Haigh), who I think is the shadow Northern Ireland Secretary, who said that triggering article 16 would “prolong and deepen” uncertainty in Northern Ireland and pose another huge risk to stability there. Does this now mean that the Government should have triggered article 16, or that they should not—or maybe that there is a disagreement, or maybe that it will not be decided until after the passage of the Bill?

David Lammy Portrait Mr Lammy
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I think that the right hon. Gentleman is putting words in my mouth. Article 16 arises in relation to the defence that the Government suggest: the doctrine of necessity—that is, they have not used it and the point of using it is that, at the very least, it would be legal.

“Pacta sunt servanda”. Agreements must be kept. This is the essence of international law: the solemn promise of states acting in good faith and upholding their commitments to treaties that they have agreed. How would we react if a country we had renegotiated with did the same thing and simply disregarded the commitments we had mutually agreed on? I do not doubt that, if an authoritarian state used necessity to justify its actions in breaking a treaty in the manner the Government are proposing to do through this Bill, the Foreign Secretary and many of us across this House would condemn it.

Since the right hon. Lady became Foreign Secretary, the Foreign Office has issued countless statements and press releases urging others to meet their international obligations. They include Iran under the joint comprehensive plan of action; China under the joint declaration of Hong Kong; and Russia under the Budapest memorandum. In just the last fortnight, the Foreign Office under her leadership has publicly called on Bolivia, Sri Lanka, Myanmar, Nicaragua, South Sudan, Eritrea and Ethiopia to meet their international obligations. Hypocrisy is corrosive to our foreign policy and I know that Members from across the House share these concerns.

Police, Crime, Sentencing and Courts Bill

Debate between Iain Duncan Smith and David Lammy
David Lammy Portrait Mr Lammy
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I think the right hon. Gentleman is misreading what we did in office. The point is that today, he has an opportunity to vote for a minimum sentence. The question is: is he going to take it?

The Under-Secretary of State for Justice, the hon. Member for Croydon South (Chris Philp) helpfully indicated that 68% of those found guilty of rape are sentenced to more than seven years in prison, which means that about a third of rapists receive only four to seven years. How can that be right? My question to the Lord Chancellor is a simple one: does he believe that a rapist should ever conceivably receive a sentence of only four years in prison? The Government explained that one of their reasons for rejecting our amendment was because they did not agree with statutory minimum sentences, yet clause 100 of this Bill creates a statutory minimum sentence for repeat offenders of certain crimes, including drug offences and burglaries. Why does the Lord Chancellor feel that those crimes are serious enough to warrant a minimum sentence, but rape is not? A recent poll showed that almost 80% of the public would support our proposal, with only 7% opposed. I call on the Lord Chancellor to show that he believes the same.

The Government’s rape review specifically recognises that one of the reasons that almost half of victims of rape withdraw is the fear of giving evidence in court. We know that the pre-recording of evidence is hugely important in limiting the distress of already traumatised victims, and that rolling out section 28 would allow more rape victims to see justice done quicker. Why, then, are the Government re-piloting something that has already been piloted twice? The lack of ambition is staggering. This is typical, frankly, of a Department that is obsessed with endless reviews and utterly averse to radical action. The Government have already failed far too many victims of these horrific crimes; hopefully that will change tonight.

Following the tragic death of Sarah Everard, the Opposition tabled an amendment that would extend whole-life orders to someone guilty of a murder, abduction and sexual assault of a stranger. A whole-life order is a commitment that the offender will never be released from prison again. The Opposition believe that, for this crime, a whole-life order is the only appropriate sentence. Amendment 50 would mean that anyone found guilty of the murder, abduction and sexual assault of another person—crimes that are so reprehensible—would spend the rest of their lives in prison. I do not feel that that is a difficult point and I hope the Secretary of State will agree.

The Victims’ Commissioner and Domestic Abuse Commissioner have called out the culture of misogyny throughout the criminal justice system that is clearly demonstrated in the response to domestic homicides. A quick scan through recent data powerfully illustrates that point: according to a report by the Femicide Census, 62% of women killed by men were killed by a current or former partner, and 70% of all murders of a woman by a man took place either in a shared home or in the victim’s home.

Yet we know that there is a serious anomaly in the sentencing of homicide cases that results in murderers who kill in the home being treated far more leniently than those who kill outside the home. As Carol Gould put it so poignantly,

“Why should a life taken in the home by someone you know be valued less than a life taken by a stranger in the streets?”

It is clear to the Opposition that it should not, and that is why we have tabled new clause 86, which would require the Lord Chancellor to commission an independent review into that aspect of sentencing. In this country, a woman is killed by a man on average every three days. From 2017 to 2019, there were 357 domestic homicides. The perpetrators of those despicable crimes cannot expect to benefit from this sentencing anomaly any longer.

As the law currently stands, complainants of serious sexual offences are granted lifelong anonymity. Although in some cases, identifying a complainant could result in an offender being prosecuted for contempt of court, they will, more often than not, receive only a fine. During questions on this last month, I raised the case of Phillip Leece to show just how devastating revealing the identity of the complainant can be. For naming and humiliating his victim online, he received a pathetic fine of only £120. At the time, the Lord Chancellor seemed to agree with me that the law in this area must be strengthened. New clause 87 would do just that by giving judges the power to sentence offenders for up to two years. In Committee, the Minister indicated that the Government took that point seriously, but went on to vote against the Opposition’s new clause. The Government accept that work has to be done in this area, so let us see tonight what the action is.

May I pay tribute to my right hon. and learned Friend the Member for Camberwell and Peckham (Ms Harman) for raising the important issue of the use of sexual history in rape trials? The Opposition wholeheartedly agree that no victim of a sexual offence should have to feel victimised twice by experiencing a hugely traumatic experience in the courtroom. The last thing we want is for an alleged victim of rape to face the ordeal of their sexual history being discussed in court unless the strictest of criteria are met. If section 41 is not being used as intended, it is only right that it is reviewed and, if necessary, strengthened. That is the purpose of new clause 88, which would compel the Government to seek the advice of the Law Commission as to whether section 41 is fit for purpose. Yet again, this is too important an issue to be kicked into the long grass, and I would appreciate assurances that any review will be completed before a victims Bill comes before the House.

Amendment 124 would ensure that any expansion in the use of audio and video links in courts will not undermine access to justice or the efficiency of our justice system. As the Lord Chancellor will appreciate, the move towards jury members being able to sit remotely is a seismic shift that could have profound consequences. It is concerning therefore that the Government seem content to introduce clause 168 without any evidence base or consultation. In Committee, the Opposition tabled several amendments that would provide safeguards to clause 168, but the Government rejected them on the basis that they were unnecessary. The hypothetical benefits of remote juries are limited, but it is crucial that those limited benefits are not introduced at the expense of access to justice and the right to a fair trial. Amendment 124 would ensure that the expansion of audio and video links is not implemented until an independent review has been undertaken.

Pets are a much loved and integral part of all families, and certainly of our family—I am thinking of my dog, Silver, as I say that. They bring us support, comfort and happiness, and I am smiling already thinking of my beautiful dog at home. During the pandemic, the number of dog thefts has skyrocketed, and we are now at a point where at least five dogs are stolen in England every day. That is why the Opposition have tabled new clause 98. Pet owners up and down the country would be horrified to learn that while the law of theft caters for certain offences—for example, the theft of a bicycle, of scrap metal and of wild mushrooms—that is not the case for the theft of pets, and this must change.

I am pleased to see that the right hon. Member for Chingford and Woodford Green (Sir Iain Duncan Smith) has tabled new clause 16, which is in effect a carbon copy of the new clause that we tabled in Committee. I am pleased to have the support of a Spurs supporter and a long-standing Member of the House, but I think we could do better. Since Committee, concerns have been raised about the two-year maximum tariff and we have listened to those concerns. As the Lord Chancellor will know, many of these thefts are being conducted not by petty criminals but by highly organised criminal gangs working across borders, and we are concerned that a two-year maximum penalty would not act as a sufficient deterrent to those people, so we have raised it to four years in our new clause 48. I hope that the Lord Chancellor can hear that the official Opposition are attempting to be reasonable, and that he will support some of the new clauses that we have put forward tonight.

Iain Duncan Smith Portrait Sir Iain Duncan Smith (Chingford and Woodford Green) (Con)
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It is a pleasure to follow the right hon. Member for Tottenham (Mr Lammy), particularly as he referred to my new clauses—although not all of them, it has to be said. He referred to one of them, but there are two more. The new clauses are very clear, and I shall speak to them this evening. New clause 14 would require the cash sale of pets to be banned so that the only way for people to do those sales would be by cheque or bank transfer. That would mean that pet sellers could be tracked and the owners identified. This has become too easy a business.

New clause 15 would make it compulsory for pets that have to be microchipped to be scanned as well by vets, to check that the microchip number is registered on an approved database and that it confirms the correct registered keeper. New clause 16 would make the offence of pet theft a specific category of crime, as the right hon. Member for Tottenham said, carrying a much more significant set of fines and even incarceration.

Oral Answers to Questions

Debate between Iain Duncan Smith and David Lammy
Monday 11th March 2013

(11 years, 1 month ago)

Commons Chamber
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Iain Duncan Smith Portrait Mr Duncan Smith
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My hon. Friend is right that the bill for under-25s in receipt of housing benefit is in the order of £2 billion a year. Some 370,000 under-25s claim housing benefit, and 42% of them are without children. However, the reality is that when we looked at that in the round prior to the spending review, it was agreed that it was not a priority area for the coalition. No doubt he will continue to campaign for it to be a priority area, and I am very happy to discuss the matter with him.

David Lammy Portrait Mr David Lammy (Tottenham) (Lab)
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The Secretary of State has decided to move forward with his benefit cap in four pilot areas in London. How much has he decided to compensate Haringey council for making it a guinea pig in that way?

Jobs and Social Security

Debate between Iain Duncan Smith and David Lammy
Wednesday 28th November 2012

(11 years, 5 months ago)

Commons Chamber
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Iain Duncan Smith Portrait Mr Duncan Smith
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Yet again, the right hon. Gentleman has defeated the first point that he made. In other words, the figures that he has produced in the motion are wrong and he has just proved it. [Interruption.] If he wants to listen, he might learn something. No wonder he ended up as the man who told us there was no money left—with his kind of arithmetic, I am surprised that there was anything left at all. The reality is that in a year—if we want six-month referrals—a number of people will not have been in the programme for six months. So 315,000 people—[Interruption.] I am simply saying to him that the reality exists. This programme is on track; it is the best programme; and it will be putting some of the most difficult people back into work. Let me just deal with another point, which is the one about unemployment.

Iain Duncan Smith Portrait Mr Duncan Smith
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I said that I was going to make a few points and then give way.

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Iain Duncan Smith Portrait Mr Duncan Smith
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I will give way in a moment, but I said that I was going to make these points.

Labour’s policies then went on to try to hide the true scale of the problem, by automatically moving people off jobseeker’s allowance into training allowances or short-term jobs, thus breaking their claim just before they reached the 12-month point. The Opposition claim today that long-term unemployment is up by more than 200,000 since the Work programme began, but in actual fact, comparing like for like, which means counting all those who were previously hidden on training allowances and other support, the total number on jobseeker’s allowance is about the same as it was at the start of the Work programme, so that point is complete nonsense.

David Lammy Portrait Mr Lammy
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Can the Secretary of State confirm that, on his figures, he is talking about 4.5%, which is still below the dead-weight of 5%—in other words, the situation if he did nothing—and his target of 5.5%? Is it 4.5% on his figures? If I am wrong, what is it?

Iain Duncan Smith Portrait Mr Duncan Smith
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No, the figures we stand by are those we published yesterday. The point that I was making today to the right hon. Member for Birmingham, Hodge Hill—[Interruption.] No, actually the figure would be more than 5%, but I am not claiming that. What I am saying is that we stand by the figures that we published yesterday, and I believe we are on track. The point I was making, legitimately, is that the right hon. Gentleman spent his time deducting some numbers from one bit and adding them into another to create some bogus figure that two in every 100 people were found sustainable jobs. That is complete nonsense.

Housing Benefit

Debate between Iain Duncan Smith and David Lammy
Tuesday 9th November 2010

(13 years, 5 months ago)

Commons Chamber
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Iain Duncan Smith Portrait The Secretary of State for Work and Pensions (Mr Iain Duncan Smith)
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I rise to oppose for a number of reasons the motion moved by the Opposition. I will deal with it quickly, and then move on to the rest of the rationale behind the speech by the right hon. Member for Paisley and Renfrewshire South (Mr Alexander).

In the past two weeks—particularly, in the past two or three days—the right hon. Gentleman has started trying to reset the tone in the motion. None the less, the facts are exaggerated. For example, there is the ridiculous fact that we might have to spend an additional £120 million to provide temporary accommodation. That is ludicrous. There is no policy in this motion at all. Despite the major deficit that we have inherited, and despite the fact that housing benefit is running out of control, he did not say a thing about what he is planning to do. Opposition comes with responsibilities, and one of them is to have some policies before criticising, but the Labour party has none.

The right hon. Gentleman is basically a reasonable man, and I look forward to dealing with him—[Interruption.] That is very kind. Thank you. So we are all reasonable across the Dispatch Box. But what is not reasonable is what has gone on over the past two weeks. I am pleased that in the past few days he has suddenly entered the fray, because he was suspiciously silent when a lot of his colleagues were running up and down the place trying to frighten the public about the changes. In many senses that was quite disreputable. Two weeks ago, the hon. Member for Rhondda (Chris Bryant)—the right hon. Gentleman’s hon. Friend—accused us of deliberately trying to “socially cleanse” London, and that is in Hansard. Furthermore, in the other place, one of the right hon. Gentleman’s great friends, Baroness Hollis, talked of

“Weeping children, desperate mothers, defeated fathers …carnage”.—[Official Report, House of Lords, 4 November 2010; Vol. 721, c. 1743.]

This has gone too far. I should also say that, encouraged by a nod and a wink from his Front-Bench colleagues, one of their great supporters in one of the national papers—a columnist—talked about our “final solution” for the poor. What they have actually managed to do—

David Lammy Portrait Mr Lammy
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Will the right hon. Gentleman give way?

Iain Duncan Smith Portrait Mr Duncan Smith
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I will give way in a minute, but not right now, because I want the Opposition to chew on this for a little. The way in which they have behaved over the past two weeks has been atrocious and outrageous. They knowingly used terminology used to describe events such as the holocaust, making shrill allegations of bitter intent that they knew would frighten rather than inform. I say “rather than inform”, because until Saturday, when the right hon. Member for Paisley and Renfrewshire South gave his interview to The Guardian, the Opposition’s manic rabble-rousing had failed to tell the public a rather interesting point: that had Labour Members been re-elected, they knew that they would have had to take strong measures. I will read a few quotations that should explain to his Back-Bench colleagues just exactly what Labour was planning to do.

The first quotation that I want to give them is from somebody whom I hope they will identify: their right hon. Friend the Leader of the Opposition. He said:

“Housing Benefit will be reformed to ensure that we do not subsidise people to live in the private sector on rents that other ordinary working families could not afford.”

In the run-up to the election, the then Chancellor, the right hon. Member for Edinburgh South West (Mr Darling), said that Labour’s LHA—he was describing his own party’s reform—had discouraged employment and was unfair. He made it clear that the policy was set for a major change and that Labour was to blame.

David Lammy Portrait Mr Lammy
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Will the right hon. Gentleman give way?

Iain Duncan Smith Portrait Mr Duncan Smith
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Before I do, I want to finish this one off. My predecessor, the right hon. Member for Normanton, Pontefract and Castleford (Yvette Cooper), went even further before the previous election, hinting strongly at a much bigger change. She said that

“it isn’t fair for the taxpayer to fund a very small minority of people to live in expensive houses which hardworking families could never afford.”

I wonder who was in power for those 10 years, but none the less. While acknowledging that Labour’s flagship LHA reform was in an expensive mess, she went on:

“We will publish further plans…to make the system fairer, and to make sure housing benefit encourages people into jobs.”

Of course, as with everything else that Labour Front Benchers did before the last election, they cynically refused explicitly to tell their own Back Benchers or the public—the electorate—what they were actually planning. So now we learn that, according to the hon. Member for Rhondda, all those Back Benchers apparently stood on a secret manifesto to socially cleanse London. Knowing the hon. Gentleman as I do, I am sure that had Labour Members been in government and raised such matters, he would have been the first to jump to their defence, like he always was. The answer to that is: shame on them for scaring all those people in London.

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Iain Duncan Smith Portrait Mr Duncan Smith
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I want to deal with some of the allegations. Opposition Members made the allegations, so let us get the record straight. The first was that London will somehow end up like Paris—socially cleansed so that people live only on the outer circle.

David Lammy Portrait Mr Lammy
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It is true.

Iain Duncan Smith Portrait Mr Duncan Smith
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Oh, it is true? Okay. Let me remind the House about one simple point. The proposed changes to the local housing allowance concern the private rented sector. London has nearly 800,000 social homes—by the way, the Labour Government built far too few in their time—and the changes do not affect them. London has social housing embedded in its heart, and that will not change. So Labour Members must have known that they were scaring people with a complete pack of lies and nonsense. [Interruption.]

Capital Gains Tax (Rates)

Debate between Iain Duncan Smith and David Lammy
Monday 28th June 2010

(13 years, 10 months ago)

Commons Chamber
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Iain Duncan Smith Portrait Mr Duncan Smith
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Excuse me; I am answering the hon. Member for Hammersmith (Mr Slaughter) if hon. Members do not mind. We will publish the full details, and he can discuss them with us at any time—the door is always open, as soon as I am ready.

I felt it unfair therefore to make such a change, and I agreed that we needed to ensure that we protected the worst-off.

David Lammy Portrait Mr David Lammy (Tottenham) (Lab)
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Will the right hon. Gentleman give way?

Iain Duncan Smith Portrait Mr Duncan Smith
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I will give way in a second; I think that I have been reasonably generous.

I should like to return to the choice on the uprating of benefits—something on which, I guess, Opposition Members will want to intervene. Before the Budget, there was some media speculation, much of it fed by the Opposition. In fact, I think that the right hon. Member for Normanton, Pontefract and Castleford said that she would not support a freeze of benefits and that she would definitely want to oppose that. The media speculation was that we would go to that—in fact, I believe that that would have saved some £17 billion over the lifetime of this Parliament—but I resolved not to do that. We decided that it would be unfair for the worst-off. Instead, the Chancellor and I agreed that we would continue to uprate benefits by the consumer prices index, which is forecast in the Budget to be 2.7% this year. Of course, the CPI does not include housing costs, and it seemed more reasonable. However, the right hon. Lady was reviewing that before she left office, and I am sure therefore that she will want to tell me that she agrees with the uprating, rather than remaining as we were. I would therefore like her to tell me exactly what reduction in spending she was planning as her Department’s share of the £45 billion. I will give way to her if can tell me which elements of saving she would have made in her budget. She does not want to use the CPI; what was she going to do that added up?

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Iain Duncan Smith Portrait Mr Duncan Smith
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I have already given way to the hon. Gentleman. If he will forgive me, I want to make some progress.

I started with a clear argument that the first coalition Government faced some unavoidable choices. I know that the Opposition, having been in government a couple of months ago—[Interruption.] The Opposition say that the choices are not unavoidable, but I would love to know what they would reduce if they were in government. What would be their choices? We have heard nothing about that except their talk about the £45 billion—not a single word about a penny piece being cut from any budget. We have to make spending cuts to repair a record deficit, reform the tax and welfare systems while protecting the vulnerable, and set the foundations for long-term, sustainable recovery.

David Lammy Portrait Mr Lammy
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The right hon. Gentleman has confirmed that he believes that there will be an exodus from central to outer London, and he has said that there is housing to accommodate those people. What is his assessment of that housing in Chingford? Can he confirm that he will be doing a race impact assessment?

Iain Duncan Smith Portrait Mr Duncan Smith
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I am happy to consider a race impact assessment—that is reasonable—and if the right hon. Gentleman wants to come and talk to me, my door is open.

We believe that there is enough housing in London. Of course, I did not say that this was going to be easy. The point is that far too many people in houses in central London are paid significant sums—over £100,000 in some cases. That is unsustainable. As much as I like the right hon. Gentleman—he is a fellow Tottenham supporter—I have to say to him that he knows as well as I do that these are tough choices, but they are ones that we believe that we can manage. We have tripled the discretionary fund to allow for difficult cases, and I suspect that a significant amount of that will be used in London because the nature of London means that there will be issues. We will get through this, and I guarantee that we will keep the situation under review. My offer to the right hon. Gentleman still stands.