Oral Answers to Questions

Debate between Sammy Wilson and Andrea Leadsom
Tuesday 21st January 2020

(4 years, 3 months ago)

Commons Chamber
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Sammy Wilson Portrait Sammy Wilson (East Antrim) (DUP)
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This week, thousands of climate hypocrites will zoom into Davos in hundreds of private jets to lecture the world about stopping the consumption of fossil fuels, oblivious to their own hypocritical behaviour. Will the Secretary of State assure us that she will not heed any of the calls for policies that would cost jobs in our energy-intensive industries, add costs to the fuel prices of the millions in fuel poverty, or add green burdens to consumers, farmers and motorists?

Andrea Leadsom Portrait Andrea Leadsom
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The right hon. Gentleman makes a vital point. It is not enough that we just look at our own behaviour here in the United Kingdom, where we are determined to meet our net-zero ambitions; we should also do all we can to lead the world in tackling the climate emergency. In our plans in the run-up to COP26, we have set out some really ambitious ideas for how we can not only work at home to decarbonise but help the rest of the world in their efforts to solve their own problems and behave better in the way they travel.

Business of the House

Debate between Sammy Wilson and Andrea Leadsom
Monday 8th April 2019

(5 years ago)

Commons Chamber
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Andrea Leadsom Portrait Andrea Leadsom
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My hon. Friend is correct: the legal date for us to leave the European Union is indeed this Friday, 12 April. However, he will also be aware that the Bill that is currently being discussed in the other place seeks to change the date of our departure, and that is the substance of the motion that will be discussed tomorrow should the Bill receive Royal Assent tonight.

Sammy Wilson Portrait Sammy Wilson (East Antrim) (DUP)
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Rather than the Government’s being condemned for being in contempt of the view of the House, should not the House recognise that, in passing the Bill, it is in contempt of the views of the vast majority of people in this country, because they voted to leave? The Bill seeks to undermine the UK’s ability to leave the European Union. The Leader of the House should not hang her head in shame for being disdainful to the House of Commons, because she is right to say that the Bill is a constitutional outrage, and also a democratic outrage.

Andrea Leadsom Portrait Andrea Leadsom
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The right hon. Gentleman is absolutely right. Not only is the Bill against our conventions, but it seeks to subvert the will of the people as expressed in the referendum in 2016. That is a great shame, and it does not do credit to this House.

Business of the House

Debate between Sammy Wilson and Andrea Leadsom
Monday 1st April 2019

(5 years ago)

Commons Chamber
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Andrea Leadsom Portrait Andrea Leadsom
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My right hon. and learned Friend has a slightly different recollection from my own. Indeed, the Prime Minister did say that she would seek the views of this House, but my right hon. Friend the Member for West Dorset (Sir Oliver Letwin) came forward with his motion prior to the Government being able to do so. The Government respect that, but are concerned about the precedent.

Last week, the House considered a variety of options as a way forward and will do so again today. What was clearly demonstrated last week is that there is no agreed way forward, but urgent action is needed. I continue to believe that the deal the Government have negotiated is a good compromise that delivers on the referendum, while protecting jobs and our security partnership with our EU friends and neighbours.

Sammy Wilson Portrait Sammy Wilson (East Antrim) (DUP)
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I disagree with the right hon. Lady on the withdrawal agreement being a good compromise, but does she agree, first, that any vote in this House today is indicative; and, secondly, that it would be totally unreasonable to expect any Government to negotiate an arrangement totally at odds with the programme they set out, the manifesto commitments they made, and the arrangements that the people of the United Kingdom would accept?

Andrea Leadsom Portrait Andrea Leadsom
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I think the right hon. Gentleman was reading my mind. I was literally just about to say that any alternative solution that the House votes for would need to be deliverable, would need to be negotiable with the European Union, and would need to deliver on the vote of the referendum.

Budget Resolutions and Economic Situation

Debate between Sammy Wilson and Andrea Leadsom
Wednesday 20th March 2013

(11 years, 1 month ago)

Commons Chamber
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Sammy Wilson Portrait Sammy Wilson
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I thank the hon. Lady for her intervention, which leads me to a point that I wanted to make. We have a Budget that, as the Chancellor has admitted—in fact, boasted—is fiscally neutral. Although it contains good things—I have highlighted some of the impacts of the decisions—it moves the existing money around and does not mean an increase in the total level of demand. If that is not coming from exports, from consumers or from industry, because of a lack of confidence, it has to come as a result of properly targeted Government initiatives.

Although I sit on the Opposition Benches, I do not have a vested interest in Government failure and a failure of economic policy, and nor does my party. I want the Government’s policy to succeed, as it means more jobs for people in Northern Ireland and a better standard of living for them. It means that we can balance our economy. However, it is not a policy that is designed for success; it simply tries to continue the fiscal position that the Government are in at the moment. Indeed, if we look at all the targets that the Chancellor has set himself, we see that he wanted to increase confidence in the economy, yet we have seen low demand from consumers, and firms have not taken up loans—the right hon. Member for Wokingham (Mr Redwood) mentioned that—either because they cannot get money from the banks or do not believe that there is any point in investing at the moment. Firms are running down their stock levels, because they see no prospect of additional sales in future.

The Chancellor also set himself the objective of keeping Britain’s credit rating, but that is slipping because the people who make the assessments are looking at the state of the British economy and asking when we are going to get out of the downward spiral of debt. If there is no growth, we cannot pay off the debt.

Sammy Wilson Portrait Sammy Wilson
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I do not have any additional time, but as I have not yet accepted an intervention from a Government Member, I give way to the hon. Lady.

--- Later in debate ---
Andrea Leadsom Portrait Andrea Leadsom
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I am grateful to the hon. Gentleman. Does he accept that the ratings agency said that if we did not stick to our fiscal deficit plans, it would downgrade us still further, so the reduction in the triple A rating is an incentive to do more to cut our deficit, not less?

Sammy Wilson Portrait Sammy Wilson
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Indeed. I am glad that the hon. Lady has raised the matter, because I want to come on to that.

The Chancellor set himself the objective of reducing debt, yet the Red Book shows—this is since the autumn forecast in 2012, so a period of six months—that by 2015, or the end of this Parliament, Government debt will increase from 80% to 85% of gross domestic product. The hon. Member for Chichester (Mr Tyrie) gave us the reason for that: the automatic stabilisers are kicking in. We are spending the money on benefits, or paying people to be on the dole, instead of spending it—this is the point I want to come on to—on the things that would stimulate growth, increase the capacity of the economy and enable us to pay our way out of our debt, while at the same time giving people the dignity of having a job and making a positive contribution to the economy.

That is why I think the Chancellor has got this wrong. There has never been a better time for him to borrow. The 10-year price of bonds is down 2%, and it is now cheaper to borrow than it has ever been. Borrowing for those things that will stimulate growth and increase infrastructure in the economy can be very useful.