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Part of the debate – in the House of Commons at 3:08 pm on 28th January 2020.

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Photo of Dominic Raab Dominic Raab The Secretary of State for Foreign and Commonwealth Affairs 3:08 pm, 28th January 2020

I entirely agree with my hon. Friend. I think I expressed in my statement that this was a failure of the market, but he is also right to say it is a failure of Government and, indeed, a failure of western Governments. We have set out a whole range of things that we will do—fiscal measures, regulatory measures, international collaboration—to ensure that we never find ourselves in this situation again.