The argument the hon. Lady puts is the one that led me to vote to remain. I did not feel that the architecture of the EU was enormously compelling, but I did think that most of the problems, some of which I listed, were best handled by a more international approach. That is something where we are on the back foot. Nevertheless, it would be wrong not to conclude that, even outside the EU, working closely with our allies and partners in NATO, the United Nations, Europe and the Commonwealth, we can still have an immense footprint in tackling these important issues.
I wish to mention one way in which, under climate change funding, we can do more of this. We have seen Britain leading in the vital, world-changing area of educating girls. That was certainly done in the Blair and Brown years, and it was given a strong boost during the coalition years through the girls education challenge fund, which was designed to get 1 million girls into school in areas where they have been denied any form of education. Of course the Prime Minister, both in his current role and as Foreign Secretary, has made a staunch stand in favour of that.
I want to see, as a result of the Queen’s Speech and of policy development, Britain doing much more to clean up the oceans of the planet. That is a good use of the development budget; millions of very poor people earn their living from the seas. Plastic has now reached almost the remotest places on earth. It has been found 11 km deep in the ocean and even on the island of St Helena, which is thousands of miles from the nearest landform and where, incidentally, the airport is proving to be such a success. By 2050, there will be more plastic than fish in the oceans of our planet. The Government’s policy domestically has been very successful in terms of curtailing the use of plastic bags and microbeads, and from April next year we will ban plastic straws. The Government have also been very successful in using the market to achieve these desirable results wherever they can. This is an area where British leadership could have
a big impact. So I urge the Government to put not only the money from the international development budget—or a proportion of it—but the considerable intellectual weight of British thinking and activity in the international forums behind that initiative.
The next point I wish to make about the Queen’s Speech certainly complements a one nation Queen’s Speech and, I hope, a one nation Budget in due course. I wish to stand up for capitalism and free markets, which are under great pressure, not least from the Leader of the Opposition, as was said earlier. We need to do more to stand up for capitalism and free markets and to explain why free enterprise has been such a powerful engine of advancement and social elevation, particularly for those who are among the least well off. It has always been the case that Governments have hedged around the free market system with rules, taxes and laws to stem excesses and excessive greed.
We recently watched the sad demise of Thomas Cook—now mercifully in the hands of Hays Travel—with a consequent loss of livelihoods and jobs and the inconvenience caused to hundreds of thousands of people who were coming back from their holiday. Is it right in Britain today that the chief executive officer of that company has been paid £8.3 million since 2014, with a £2.9 million bonus in 2015? The two chief financial officers have been paid £7 million since 2014, and the non-executive directors have been paid £4 million, including £1.6 million for the non-executive chairman. Effectively, these were the directors of the UK’s oldest travel agency, and they appear to have presided over the destruction of the business while awarding themselves collectively £47 million in pay and bonuses in the past 10 years. I submit that that brings the free enterprise system and the laws that this House should make into disrepute.
Sixty-one FTSE 100 companies do not pay the living wage to their employees. The living wage was championed effectively by the Prime Minister when he was Mayor of London and by the former Chancellor, George Osborne. For those 61 companies, the average chief executive pay is just under £4 million per year. The arguments for capitalism and free enterprise are under attack, as we shall see in the forthcoming general election. They need to be explained, defended and propagated. One of the ways in which we do that is by demonstrating fairness in the way that the system works.
Let me conclude on another point relating to one nation fairness. It has to do with homelessness. Led by our West Midlands Mayor, Andy Street, we are doing our best to eradicate this problem. Last Friday, our mayor was at Aston Villa with 130 people who slept out voluntarily to raise money to help to tackle the curse of rough sleeping. Throughout the west midlands, good progress has been made in offering rough sleepers accommodation: via Housing First we have got 94 people into accommodation—far more than the other two pilot areas have achieved. Housing First also provides the support that individuals need, including drug and alcohol programmes and mental health support. We all understand and know of the complexities involved. Progress is being made, but it is not just about money. The Government have been pretty generous, with £100 million going towards the rough sleeping strategy. In Sutton Coldfield, we currently have four rough sleepers. We have two extremely well-run food banks that operate and help in a wider area than just the royal town. One man has been sleeping rough in our park for more than 20 years.
The reason I mention that is that I do not think any of us can sleep easy knowing about the extent of rough sleeping throughout Britain and in our cities. In November 2018, the count of rough sleepers in Birmingham stood at 91. That was an increase from the previous year and a big increase indeed since 2010. The number of new homeless is showing no signs of slowing. It is a complex and difficult problem and it is not just about finance and funding, but I hope that this good, one nation Queen’s Speech, which I strongly support, will not neglect this vulnerable cohort in our communities and will regard reversing this most unfortunate trend as a very high priority indeed.
5.29 pm