Alistair Darling: I agree that oil prices go up and down, but when I said that last year during the referendum campaign, I was told that I was scaremongering, that I was talking Scotland down and that that could not possibly happen. The hon. Lady should listen to her former leader. He told us that the oil price would never drop below $113 a barrel, but look what happened a few months later. In relation to the...
Alistair Darling: I, too, welcome the statement, and the production of draft clauses exactly to the timetable promised during the referendum. May I press the Minister on one matter on which he conspicuously did not respond to my hon. Friend the Member for Dumfries and Galloway (Mr Brown)? The Smith commission recommended that all Members of the House would decide on the Budget, which is all very well and...
Alistair Darling: I am sure that the House will want to return to that last point on the UK Government’s ability to control their finances. Did I hear the Chancellor correctly when he was claiming credit for having halved the deficit over the course of this Parliament, because his view used to be that that would not be a terribly good thing? We are still borrowing £90 billion this year, and the reduced...
Alistair Darling: I, too, welcome the proposals being made by the Smith commission today, transferring, as they do, not just more powers but significant new responsibilities that will be taken on by the Scottish Parliament. As we implement those and discuss, as we must, further devolution to other parts of the United Kingdom, will the Secretary of State ensure that we do nothing that undermines the integrity...
Alistair Darling: The hon. Member for Forest of Dean (Mr Harper)will forgive me, I hope, if I do not follow him directly in what he has just said. I want to say something about infrastructure in this country, and I want to talk about some of the slightly longer-term issues in relation to the capacity in our economy as it now is, as well as levels of public expenditure, but I start with annuities. In drawing...
Alistair Darling: Absolutely, and the argument that has been with us throughout this Parliament has been about how to ensure that we generate growth to pay down the debt. Part of the problem that the Government have at the moment is that the plan that they started out with did not achieve significant results—it is not the same plan as they are operating now, by the way, because it is running some four years...
Alistair Darling: Having been around at the time, I rather got the impression that it was having an impact on everybody, from communist China to the republican United States and throughout Europe and the whole world. If there is a banking crash, it is not surprising that it has consequences. To return to my point about the west country, we have to recognise that there are some things that the private sector...
Alistair Darling: The Commission appears to be recommending another runway at Heathrow, which is exactly where we were 10 years ago. The proposal on Gatwick appears to be “in addition to” rather than “instead of” the proposal at Heathrow. I notice that the Secretary of State studiously avoided expressing an opinion and I understand that he wants to await the outcome of the commission. However, could he...
Alistair Darling: I notice that the Chancellor’s growth forecasts follow a very familiar pattern of being fairly flat and then rising to, I think, 3.7% in four years’ time. That, of course, drives his assumptions in relation to borrowing and debt. Does he agree that risks remain not just in the eurozone, but here at home? In connection with that, could he tell me what the Office for Budget Responsibility...
Alistair Darling: I am sure that I was not the only Member of the House who had a sense of déjà vu when listening to what the Chief Secretary had to say. Indeed, I seem to remember announcing a number of those projects myself 10 years ago. Perhaps that demonstrates the problem we face, because successive Governments have found it very difficult to deliver on those large-scale projects, whether for housing,...
Alistair Darling: I think that everyone in the House recognises the importance of the Grangemouth plant—not just for Grangemouth, but because, if we lose it, there will be huge hole in the Scottish economy and the loss of the refining capacity would have a serious implication for the UK. Does the Secretary of State agree that two things are necessary? First, the Government and the Scottish Government should...
Alistair Darling: Like many Secretaries of State for Work and Pensions, I looked at something like universal credit some 12 years ago, and I was advised then that it was technically very difficult, if not impossible, to implement it at anything like an acceptable cost and that whatever the cost I was quoted, it was likely that it would end up costing an awful lot more. I have listened to the right hon....
Alistair Darling: I was interested in the Chancellor’s claim to have rescued the economy. I think I am right in saying that in 2010, the economy was actually growing, whereas unfortunately, in 2011 it stopped growing. That is why he is borrowing more than he intended and why his target to reduce national debt has been moved well into the next Parliament. On the new growth items the Chancellor announced...
Alistair Darling: I shall follow up shortly the points made by the hon. Member for Bury St Edmunds (Mr Ruffley) on the Bank of England, but first I draw the attention of the House to my entry in the Register of Members’ Financial Interests. The big problem we face at the moment is lack of growth. Here we are, five years since the crisis hit most western developed economies, yet contrary to what has happened...
Alistair Darling: With due respect to the hon. Gentleman, I anticipated that predictable nonsense. I am grateful to him for intervening, however, not least because he has given me another minute in which to make my case. As the Office for Budget Responsibility points out, the recession is taking far longer to come out of than any we have seen previously. The principal factor is that in 2007-08 we had a...
Alistair Darling: I am grateful to the hon. Gentleman for his intervention, but not in the way he intended, because that is nonsense too. Incidentally, in the leaked document from John Swinney, the Cabinet Secretary for Finance, Employment and Sustainable Growth, the Scottish Government too faced up to some difficult decisions. The difference is that I and—to give them credit—the coalition Government were...
Alistair Darling: What the hon. Gentleman has said so far is absolutely right, but there is one further thing to say: the UK Government have always followed the Electoral Commission’s advice. We would be interested to know whether the SNP is likely to take the same position.
Alistair Darling: It is a pleasure to follow the right hon. Member for Ross, Skye and Lochaber (Mr Kennedy); I agree with just about everything he has said this afternoon. I shall not talk so much about the merits of the debate on independence, but deal with some procedural matters. Before I do so, let me say two things. First, depending on when the winding-up speeches occur, I may be absent from the Chamber....
Alistair Darling: I do not think that I was always party to the advice taken by my friend and former colleague Tony Blair, but I do remember something of the discussions, and the right hon. Gentleman is absolutely right: we are the best of friends as far as Better Together is concerned. We may have parted company on the single currency 10 years ago, but we probably would not do so now. We are all friends when...
Alistair Darling: I fear that we are about to exhaust your patience, Madam Deputy Speaker, but my hon. Friend is probably right. I think that in a contest such as this, the Scottish public will expect to see fair play. It would be unfortunate if, during those four months, the Scottish Government were allowed to spend money here, there and everywhere, with Ministers making announcements—and it is, after all,...