Mary Glindon
Main Page: Mary Glindon (Labour - Newcastle upon Tyne East and Wallsend)Department Debates - View all Mary Glindon's debates with the Leader of the House
Business of the House
Mary Glindon Excerpts(2 days, 2 hours ago)
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Sir Alan Campbell
I follow the right hon. Gentleman on his social media, which looks as if he is on a pub crawl from time to time, but I am sure that is for all the right reasons. I will do everything that I can to get the outcome that he seeks, despite my limited influence in these matters.
Mary Glindon (Newcastle upon Tyne East and Wallsend) (Lab)
The global debt crisis is trapping low-income countries in a cycle of poverty. According to the World Bank, since 2022, private lenders have received over $141 billion more in debt servicing costs from developing economies than they have lent. As we look ahead to the UK’s presidency of the G20, will the Leader of the House make time for a debate on the global debt crisis?
Sir Alan Campbell
The Foreign Secretary has called for a new deal on debt to support countries to repay over longer time horizons, and for refinancing with better rates to give developing countries precious fiscal space. I will ensure that the Foreign Secretary hears my hon. Friend’s words, and I am sure that this issue would make for a popular Westminster Hall debate.