Richard Tice MP: speeches 2025

197 published records · newest first.

Speeches

18 Dec 2025 · Ukraine · Hansard source
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I welcome the Minister’s statement and reiterate Reform’s strong support, with all parties in this House, for Ukraine, its sovereignty and its independence against the dictator Putin. The Minister knows that I have spoken frequently about using the frozen central assets, and I am encouraged by his words today, but can I urge him to go further? Ukrainian friends of mine have reinforced the strength of the negotiating leverage of such assets. This Government therefore have the opportunity to show real leadership in the coalition of the willing by committing unilaterally to using those frozen central assets.
18 Dec 2025 · Local Government Reorganisation · Hansard source
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Merry Christmas!
18 Dec 2025 · Local Government Reorganisation · Hansard source
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The Minister is doing a noble job of defending the absolutely indefensible cancellation of further elections, but where is the Secretary of State who just two days ago told this House, I am sure in good faith, that the elections would go ahead? The Minister needs to explain what has changed in the last 48 hours; otherwise, MPs are left with the regrettable conclusion that the Secretary of State inadvertently misled the House.
16 Dec 2025 · Electoral Resilience · Hansard source
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The irony of hearing the Secretary of State talk about protecting democracy a week after cancelling mayoral elections will not be lost on millions of British voters. Nevertheless, we welcome the review, of course. Will the Secretary of State confirm that it will also cover the influence of the Chinese communist regime on the Labour party—a senior MP allegedly received hundreds of thousands of pounds of donations from a potential Chinese spy—as well as a Labour Government who gave away our valuable and strategic Chagos islands, a Labour Government who were responsible for the Chinese spy case collapse, and a Labour Government who are kowtowing to China over the mega-embassy?
16 Dec 2025 · Chagossians: Trust Fund and Resettlement · Hansard source
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The Minister talks warmly of the relationship with the Chagossians. They have, of course, just formed a Government in exile. Do the British Government recognise the Chagossian Government in exile?
15 Dec 2025 · NHS: Winter Preparedness · Hansard source
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This afternoon, I am hearing of resident doctors who are not BMA members, and who plan to go to work, as we would urge them to, being pressured and bullied by the BMA not to go to work. They are being told that locum doctors have been booked in their place, at huge extra cost to the NHS. Does the Secretary of State join me in absolutely condemning this pressure and bullying by the BMA?
3 Dec 2025 · Official Secrets Act and Espionage · Hansard source
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This report by the Joint Committee on the National Security Strategy is not only damning; it refers to “systemic failures”, “shambolic” aspects and “inadequate” communications. I am particularly struck by paragraphs 41 to 45, which call into question the judgment of the Director of Public Prosecutions. The former independent reviewer of terrorism legislation, Lord Carlile, described the decision not to proceed with the case as “inexplicable”, and the Committee in paragraph 45 is gentle in saying that it was “surprised” by the decision not to proceed. The question has to be asked: do the Government still have confidence in the Director of Public Prosecutions?
2 Dec 2025 · Sudan: Ceasefire · Hansard source
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I thank the Foreign Secretary. This is an appalling civil war, with all its atrocities. How concerned is the Foreign Secretary that the growing influence of Iran and the Muslim Brotherhood is leading to the deliberate fomenting of extremism, and the rejection of ceasefire efforts by the Sudanese regime?
2 Dec 2025 · Sudan: Ceasefire · Hansard source
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6. What steps her Department is taking to help secure a ceasefire in Sudan.
1 Dec 2025 · Office for Budget Responsibility Forecasts · Hansard source
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It concerns me that the Minister has today, in this House, misled the House—inadvertently—on three separate occasions, as the Prime Minister inadvertently misled the British people this morning. Cutting borrowing is simply not the case. The OBR’s numbers show clearly that over the next five years Government borrowing will increase by a net £504 billion, which is £60 billion more than was forecast by the OBR back in March. The Minister cannot even claim that it is a percentage of net debt, because all those numbers are increasing, so will he please correct the record?
27 Nov 2025 · Right to Trial by Jury · Hansard source
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Trial by jury is a fundamental principle of our justice system, engendering confidence among the British people. We all want to bring the backlogs down, but may I urge the Government to focus on the efficiencies, on technology and on additional investment? There is a fundamental point here: are the Minister and the Government aware that victims and the British people have more confidence in juries’ decisions than the decisions of judges?
26 Nov 2025 · Budget Resolutions · Hansard source
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The good news is that when Reform wins more and more elections next May, we will be able to get better value for council tax across the whole country. I will keep going. Over the next five years, welfare spending will increase by £70 billion per annum. That shows that this is not a Budget for workers; it is a Budget for those on welfare. It reduces the incentive to work, and it reduces the incentive to be an entrepreneur or a small business owner.
26 Nov 2025 · Budget Resolutions · Hansard source
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The truth is that if we carry on going this way, nothing will be affordable, because this Chancellor is heading us towards bankruptcy as a nation. The reality is that nothing becomes affordable if we go bust under the Minister’s and the Chancellor’s mismanagement of this economy, so we need to change course, because all the data is bad. I cannot believe the borrowing numbers, Madam Deputy Speaker! The OBR is forecasting that borrowing in this year alone will be some £21 billion higher—
26 Nov 2025 · Budget Resolutions · Hansard source
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This Budget has been a car crash—the third car crash over which this Chancellor has presided. The first was last year’s Budget, which was so damaging to business confidence, to jobs, and to the farmers who provide the food for this great nation. The second was the run-up to this Budget, with so many leaks. It was the hokey-cokey Budget—in, out, shake it all about—which, again, was damaging to business confidence. The third car crash has, I fear, written off the engine of the British economy, because once again all the data, all the incentives, are bad. Let us just look at the simple data, shall we? Growth is down. It has been flatlining over the last quarter, and the OBR numbers show that the growth forecasts for the next four years have all been reduced. Jobs are down by nearly 200,000 people since the last Budget. Earlier this week I spoke to recruitment agents from up and down the country who told me that, essentially, businesses had stopped hiring particularly, and most damagingly, young workers. I fear this Budget will make that even worse. Let us now look at the other data. Taxes will go up, over the next few years, to the highest level since the second world war. This Chancellor has achieved the extraordinary, unbelievable feat, after just two Budgets, of being the second highest tax raising Chancellor ever, raising taxes by some £70 billion.
26 Nov 2025 · Budget Resolutions · Hansard source
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The Minister clearly does not know the facts of the Budget that he is presiding over. The numbers in the Blue Book show that borrowing will be £21 billion more than the OBR forecast back in March. Over the next four years, borrowing will increase by over £60 billion. To help the Minister: mathematically, that is up. All the data and the numbers are going in the wrong direction, but it did not need to be this way. The Government could have followed Reform’s fine recommendations. The Chancellor could have said to the Governor of the Bank of England, “Stop paying voluntary interest on the quantitative easing reserves.” She could have also said that we should stop quantitative tightening, which is why we have the highest QE programme in the western world. She could have said that we should reduce the foreign aid budget. She could have said that we should stop paying welfare to overseas nationals in order to protect British citizens. She failed to make those choices, and that is why we have had to increase taxes to the highest levels ever.
26 Nov 2025 · Budget Resolutions · Hansard source
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I have been very generous with my time, but many others wish to speak. It is time for change, because this Budget disincentives work and it disincentivises risk-taking, and some of the finest and brightest of our nation are seriously considering leaving the country. There is, however, some good news: this is the last Budget that this Chancellor has given. Why? Because she has proven herself to be a learner driver with her multiple car crashes. Based on the parliamentary Labour party’s antics, it is probably also the last Budget that the Prime Minister will preside over. The final good news is that after the next general election, Reform will redesign and re-engineer the economy to make work pay, to make risk-taking pay and to get our economy growing again.
25 Nov 2025 · G20 and Ukraine · Hansard source
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Rubbish!
25 Nov 2025 · G20 and Ukraine · Hansard source
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May I remind the House that last year I personally donated a five-figure sum, bought a pick-up truck, filled it with first aid supplies, drove it with friends and colleagues to Ukraine, and donated it to the brave soldiers of Ukraine. My support and Reform’s support for Ukraine has been rock-solid throughout, Prime Minister. It is important that this House is united, which it is. Last week, when the 28-point plan emerged, we rejected it immediately. Just yesterday, I was with a Ukrainian delegation, and we were talking specifically about the leverage that European nations have with regard to the frozen assets, the majority of which are here in Europe. I urge the Prime Minister, among all the noise, to utilise that leverage, because that, I think, is one of the most powerful negotiating points that the west has against the vile dictator, Putin.
25 Nov 2025 · Pension Investment in UK Equities · Hansard source
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Is the Minister aware that the quantity of listings on the London stock market has collapsed by about 80% in the last decade, and that the number of companies listed on AIM—the alternative investment market, which was the original growth market 40 years ago—has fallen to a 25-year low, so something fundamental is going wrong with our listed markets?
25 Nov 2025 · Pension Investment in UK Equities · Hansard source
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It is a great pleasure to serve under your chairmanship, Mr Stringer. I congratulate the right hon. Member for Salisbury (John Glen) on securing this debate. In reality, equity investment from pensions is deteriorating because UK equities are not performing relative to their global counterparts. One of the reasons for that is that we have become over-regulated and over-taxed. When the big bang was launched 40 years ago, the City of London became the most important financial centre in the whole world. In the last 10 years, that has changed. That is why, at Bloomberg a couple of weeks ago, I announced the creation of four key working groups to look at a complete reset—a sort of big bang 2. We need to look again at the whole issue of regulation, and at the status of the FCA relative to the PRA and the Bank of England—that is working group No. 1. Working group No. 2 is on pensions and savings. We also need to consider big-picture issues: why, for example, are we giving tax relief on £300 billion of cash ISAs? How does that help the UK economy? Those are the big questions that we need to look at. The third working group is on small and medium-sized enterprise growth capital. The right hon. Member for Salisbury asked why it is that on second, third and fourth-phase rounds of fundraising, companies are going elsewhere in the world. The truth is that our markets have become too difficult for raising that additional capital. The fourth working group that I have set up—and it will report in six to nine months’ time—is on taxation. We are over-taxed, and we enjoy the longest tax code in the world. At 24,000 pages, it is four times the combined works of “Harry Potter” and nothing like as much fun. We need to look again at all those issues, and then we need to look at the performance of our pension funds. If we look at the performance of one of the biggest pension funds in the world, the local government pension schemes, which I have been very focused on, we will see that they are being overcharged substantially, by a factor of about five of what they should be paying, and they are underperforming. In the year to March ’25, the LGPS produced a great performance—not—of 3.3%, yet paid out over £2 billion in fees. Frankly, if the active funds cannot match the tracker, why not use a tracker? That is the challenge for the active industry. One of the reasons that the LGPS is underperforming is because too much of them are invested in unlisted funds, and now invested in what I would call quite woke funds, but that is a whole different issue. People cannot get out of those unlisted funds, which are at 20% to 40%, and those funds cannot be properly valued. The fees are much higher and they are not performing as well. Those are the key reasons why the performance is deteriorating. The 10, 20 and 30-year track records of the local government pension schemes are all at over 7% in the long term, but in the short term, they are rapidly deteriorating because of wrong investment decisions and overpaying fees, and because we have a market in the UK that is over-regulated and over-taxed. All of those things reduce the incentive to invest. For many people, it is complicated, but fundamentally, if the active fund managers overcharge and underperform, we should not be surprised if investors end up going elsewhere, and that might mean overseas. We need to change the way we look at things, deregulate sensibly and reduce unnecessary taxation in order to improve the quantity of pensions invested in UK-listed equities.
18 Nov 2025 · ExxonMobil: Mossmorran · Hansard source
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Another week, hundreds more jobs slaughtered on the altar of net stupid zero. It is leading to high energy costs, high policy costs and high taxes, and making this business—along with so many others—completely unviable. How many hundreds of thousands of other industrial workers are terrified that they are next? Can the Minister confirm to this House whether any discussions have been had with ExxonMobil, or whether any indications or concerns have raised by that company, about any other plants, businesses or refineries in the United Kingdom?
18 Nov 2025 · ExxonMobil: Mossmorran · Hansard source
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Are you sure?
18 Nov 2025 · Northern Ireland Troubles Bill · Hansard source
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Will the hon. Gentleman give way?
18 Nov 2025 · China Espionage: Government Security Response · Hansard source
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It is not a coincidence that, just a few weeks after the collapse of the China spy case, MI5 is issuing this major espionage alert. China smells weakness. With regard to the embassy, while the Minister says it is a decision for another Minister, the reality is that it is a strategically important decision by this Government on behalf of the British people. Does he understand that the British people will be shocked if planning consent is granted, and China will again smell weakness?
17 Nov 2025 · Budget: Press Briefings · Hansard source
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Given the chaos around the Budget, none of us would be at all surprised if the date itself changed. Nevertheless, is the Treasury aware how incompetent it looks in the eyes of the markets, which are utterly aghast, and in the eyes of businesses, which have stopped investing and stopped hiring?

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