Fixed-term Parliaments Bill

In some of the speeches that we have heard from the Deputy Prime Minister—I understand that he is giving one to the Hansard Society tonight rather than being in the Chamber to discuss the Bill, which is rather scandalous—there has been much talk about the Chartists and how this great reform is an echo of the 1840s. The Chartists were in favour of yearly elections, so why does the Deputy Prime Minister deny the will of the people by keeping Parliaments at five years?