Better Jobs and a Fair Deal at Work — House of Commons, 2021-05-12
Topic: Macroeconomics
Kwasi Alfred Addo Kwarteng (Conservative, Centre-right): I was struck by the speech from the right hon. Member for Doncaster North (Edward Miliband). He said at one point that the Government had not changed; in fact, the one thing that had not changed was the right hon. Gentleman. I listened to his speech and was taken back to when I was a Back Bencher in 2014 and he was the Leader of the Opposition—he could have said exactly the same thing. It is always the same thing: he does the country down and says that we always talk about austerity. How can he talk about austerity when he himself acknowledged that the Chancellor has spent £350 billion on unprecedented support—on furlough and for British business? The world that he describes is the world of his tenure as Leader of the Opposition—there may well be a vacancy; who knows whether he could come back?—but it is not a world that many millions of people in this country recognise We continue to protect the lowest-paid workers: we have raised the national minimum wage and again raised the national living wage—having been the first Government to institute it, we raised it only in April, but perhaps the right hon. Gentleman forgot that. He has certainly forgotten the immense help and the grants that have supported businesses that would otherwise have closed. The bounce back loan scheme has approved more than £46 billion of loans for 1.5 million businesses. As we follow the Prime Minister’s road map out of lockdown restrictions, new recovery loans and restart grants will help businesses in urban areas The country that I see is completely different from the gloom and doom that the Leader of the Opposition—forgive me; the right hon. Gentleman is not the Leader of the Opposition any more, although he may be in future—paints. It is not recognised by millions of our fellow subjects. The Queen’s Speech builds back better and delivers on real people’s priorities. We are embracing a green, vibrant economy. It was extraordinary to hear the right hon. Gentleman again denigrate our achievements in the green industrial revolution. Only a month ago, John Kerry said to me—and he was good enough to say this publicly—that the efforts of this Government and this country had been extraordinary and we were world leaders in the fight against climate change. That is acknowledged. The right hon. Gentleman cited the United States: their target is a 50% reduction by 2030 from the 1990 level; our target for 2030 is a 68% reduction. It is far in excess of the United States’ target, yet the right hon. Gentleman once again points to other countries with the assumption that here in Britain we are terrible and everybody else is doing it better, whereas in fact the reverse is the case. It is Britain that people look to as leaders on climate change. Inwardly, the right hon. Gentleman probably acknowledges that Let me move beyond the histrionics of the right hon. Gentleman’s speech. We have laid legislation for the UK’s sixth carbon budget which, I am delighted to say, proposes a target that would reduce greenhouse gas emissions by 78% by 2035 compared with 1990 levels. It is by far the most ambitious reduction plan in the G7 and the right hon. Gentleman knows that. He knows that the 10-point plan has been acknowledged throughout the world as a world-leading and world-beating proposal. [Interruption.] They scoff and laugh, as they scoff and laugh at their own voters. They scoff and laugh at the country endlessly, and I am afraid they have suffered from their scoffing and mocking attitude The right hon. Gentleman was good enough to mention the EU’s proscriptive state aid regime, which we have jettisoned, and welcomed the fact that we have a subsidy control Bill that will create a new domestic subsidy control system. He accepted that, which did require a measure of realisation that we are moving on from the EU. I am delighted that, among his colleagues, he at least accepts that Brexit is finished and that we can move with confidence beyond EU membership. I very much welcome that but, again, to hear his speech one would think that the United Kingdom was a place of irredeemable squalor and poverty, when in fact the opposite is the case. When people look at the Oxford-AstraZeneca vaccine and the way in which we have conducted the vaccine roll-out, they see a country that has been extremely successful. Only today I was speaking to Ministers from Japan and Italy, who mentioned, without any prompting whatever, the extraordinary work that our scientists, nurses, health service and, in fact—dare I say—our hard-working Ministers and civil servants had put in to effect a successful roll-out. People are looking at Britain and they see a successful country that is regaining its place in the world This country is home to a powerful combination of elite research institutions, thriving life sciences companies, superb research charities and, of course, an excellent national health service. This winning combination has led the world’s fight against covid and saved many thousands of lives while creating a high number of high-quality jobs across the United Kingdom. These are things of which we should be proud and which our Government are hoping to—and will—build on. Yet the right hon. Gentleman is looking back to the past, simply repeating all the tired old phrases of five, six or seven years ago The ARIA Bill, which will become an Act in this Session and formed part of the Queen’s Speech, is a world first. It is a great innovation. The Department is delighted to have introduced this Bill to create an Advanced Research and Invention Agency, which will fund high-risk, high-reward research with the potential to produce new technologies, new industries and new jobs. ARIA represents the very best of British ingenuity and creativity, but the right hon. Gentleman and his friends wish to pretend that we are the very worst—that nothing we can do is any good and that nothing we can do can compete with France, Germany and all the other countries that he mentioned. In fact, in science and innovation the opposite is true. The Ministers from the countries I mentioned were actually saying the opposite of what the right hon. Gentleman is saying I see a huge difference between Government Ministers and MPs and our people across the country, and the Opposition—a fundamentally different outlook about the future and possibilities of this country. Time and again as a Minister and even as a Back Bencher, I have heard nothing from the Opposition but a litany of complaint and, frankly, a dirge of abuse about the country. The Government have huge optimism and belief in the abilities of this country and of our people to overcome difficulties—