Debates between Nigel Evans and Angela Eagle during the 2019 Parliament

Wed 13th Jan 2021
Financial Services Bill
Commons Chamber

Report stage & 3rd reading & 3rd reading: House of Commons & Report stage & Report stage: House of Commons & Report stage & 3rd reading

Point of Order

Debate between Nigel Evans and Angela Eagle
Thursday 7th July 2022

(1 year, 9 months ago)

Commons Chamber
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Angela Eagle Portrait Dame Angela Eagle (Wallasey) (Lab)
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On a point of order, Mr Deputy Speaker. We have had two urgent questions today where Ministers have come to the Dispatch Box and told us that they have no knowledge of the things that they are meant to be answering on, which completely undermines the point of having UQs. Certainly, when I was a Government Minister, I would not have thought of coming to the House of Commons and merely saying, “Oh, I don’t know. Nobody’s told me. I don’t know what the information is.” I know that the Chair does not have any say on the content of ministerial responses, but that seems to be a sinking of standards to such an extent that UQs are becoming a laughing stock. That surely cannot be right for the accountability of Government Ministers to this place.

Nigel Evans Portrait Mr Deputy Speaker (Mr Nigel Evans)
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I thank Dame Angela for her point of order. As she has stated, the Chair is not responsible for the content of responses or who gives responses. I suspect that the only thing I can say is that we have lived in interesting and exceptional times over the last 48 hours. I am sure that those on the Treasury Bench have heard exactly what she has said and will get that through to the relevant Government Departments.

Supply and Appropriation (Main Estimates) Bill

Motion made, and Question put forthwith (Standing Order No. 56), That the Bill

be now read a Second time.

Question agreed to.

Bill accordingly read a Second time.

Question put forthwith, That the Bill be now read the Third time.

Question agreed to.

Bill accordingly read the Third time and passed.

Channel 4: Privatisation

Debate between Nigel Evans and Angela Eagle
Wednesday 21st July 2021

(2 years, 9 months ago)

Westminster Hall
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Angela Eagle Portrait Dame Angela Eagle
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I look forward to the right hon. Gentleman being one of, I hope, more than 40 Conservative MPs who appear in the Lobby to vote against any such privatisation proposals. If he can raise that number, I hope to be in the Lobby with him.

It is certainly the case, though, that “Channel 4 News” has refused to be cowed by the Government’s none-too-subtle attempts to intimidate it. Those manifested themselves most notoriously during the 2019 general election when—this may be the real reason that we are seeing what we are—the Prime Minister was replaced by a melting ice sculpture in the Channel 4 leaders’ debate on climate change, which he had characteristically shirked. Following that incident, an unnamed Tory source briefed that Channel 4 would be privatised as punishment for lampooning the prime ministerial no-show. A complaint was made to Ofcom, but it was subsequently thrown out.

To silence such dissent in the future, the Government have decided that Channel 4 will be privatised, and Ofcom taken over by new, hard-line appointees. The BBC has already been cowed. Our national discourse is being drained of different voices as a deliberate act of political ideology. That reminds me more of the authoritarian events going on in Hungary than of something I ever expected to witness in the UK.

I hope the Government will step back from the brink that they have moved towards. For Channel 4, privatisation will be irreversible—an act of vandalism that does irreparable damage to a model that has worked well and provided a unique source of innovation and support, nurturing a vibrant independent production industry that should be the pride of our country. Already, the big beasts—Disney, Netflix, Discovery, Google and Amazon—are beginning to circle, and the Minister for Media and Data is spending his time facilitating the interests of those corporate big beasts by hinting that in-house production will be allowed following privatisation and that Channel 4’s “edgy” remit will be changed.

So there we have it: a sale that threatens to destroy in one fell swoop the independent production industry that Channel 4’s remit and inability to produce in-house have fostered in the UK for the past 40 years. That is deliberate vandalism of all that is unique and successful about Channel 4. If privatisation happens, the bland dullness of US corporate regurgitation may well await us all.

That may serve the immediate interests of what some in the Conservative party believe, but it does not serve the interests of the country. How does the Minister think that it is in the country’s cultural interests to destroy Channel 4? Will his Department prepare and publish an impact assessment of its privatisation plans? How do the Government intend to change the remit of Channel 4 to facilitate a sale? How will privatisation protect innovative and experimental programming that comes from diverse and often unheard voices?

Ministers have also announced that the current ban on in-house production could end with privatisation. That would put the UK’s thriving independent production sector and the 10,000 jobs that it supports directly at risk. How will the Government protect the sector? Finally, how will flogging off Channel 4, possibly to one of the corporate digital giants, preserve the UK’s unique voice in the age of bland corporate entertainment?

I look forward to hearing the Minister’s detailed answers.

Nigel Evans Portrait Mr Deputy Speaker (Mr Nigel Evans)
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The winding-up speeches will begin at 10.28 am. Therefore, given the number of Members who have indicated on the call list that they wish to speak, I will introduce a four-minute limit for speeches. For those who have not already done so, please feel free to remove your jackets, as it is unseasonably warm, yet summer.

Financial Services Bill

Debate between Nigel Evans and Angela Eagle
Report stage & 3rd reading & 3rd reading: House of Commons & Report stage: House of Commons
Wednesday 13th January 2021

(3 years, 3 months ago)

Commons Chamber
Read Full debate Financial Services Bill 2019-21 View all Financial Services Bill 2019-21 Debates Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: Consideration of Bill Amendments as at 13 January 2021 - (13 Jan 2021)
Angela Eagle Portrait Dame Angela Eagle (Wallasey) (Lab)
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I wish to focus on two areas: equivalence with the European Union for our financial services sector and financial crime. I also support the efforts to provide more protection against abuses in the consumer credit market and the mortgage market.

As a result of the Government’s decision to pursue a very hard Brexit and the ending of the transition period, UK financial service companies have now lost their passporting rights to EU countries. The Government’s trade and co-operation agreement with the EU in effect sidestepped financial services, putting at risk many jobs in the sector and much tax revenue for the Exchequer. The deal means that there is an agreement for goods, in which the EU has a trade surplus with the UK, but nothing for services, in which the UK has a huge trade surplus with the EU. There is a feeble non-binding declaration to establish a framework for co-operation on financial regulation, but there is no sign of any rush from the EU to grant the UK equivalence so that the loss of passporting rights can be overcome and continued market access to our financial services sector can be achieved. Perhaps the fact that €6 billion of share trading formerly done in London migrated to Paris and Amsterdam on the first day of post-Brexit trading is encouraging Brussels to drag its feet and hope that much more will follow. Over time, I fear that this Government’s lack of interest in protecting equivalence for financial services is more likely to lose us jobs and revenue than inaugurate the big bang 2.0 that the Chancellor was fantasising about in the Commons earlier this week.

Financial and economic crime is a huge problem, and one that the Government have been far too slow to address. Their own estimates suggest that one in five people in the UK falls victim to fraud every year. There is £6 billion of organised fraud against business, and this is getting worse. The extent of economic crime in the UK, including money laundering, fraud and corruption, led the Intelligence and Security Committee in its report on Russia to note that London is now considered a “laundromat” for corrupt money. As the scale of global corrupt wealth enmeshed in the UK property market becomes visible, we need an urgent step change in the Government’s response, especially on transparency of overseas property ownership, and a tightening up of the company formation process in the UK. More needs to be done, and urgently, to crack down on this behaviour.

Nigel Evans Portrait Mr Deputy Speaker (Mr Nigel Evans)
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Apologies to those who failed to get in because of time constraint. I call the Minister.