The new British government’s objectives at home and abroad

Friday 15/05/2015

The election of a Conservative majority government in Great Britain is a truly significant moment. It is the first time the governing party has increased its share of the vote and number of seats since 1983 and the first time the Conservative Party has won an outright majority since 1992.

We intend to use the mandate to continue with our strong economic policy. Our effective economic management of public finances means that we have already reduced Britain’s annual deficit by more than half and we are on course to run a small government surplus by 2018. This surplus will be then used on an on-going basis to start repaying massive debts in­curred under the previous Labour administration. It is vital we clear as much of this debt as possible for three primary reasons:

1. To ensure the next generation of Britons are not saddled with these onerous debts as we must protect them and their standard of living

2. We currently spend more than 50 billion pounds ($77 billion) a year just paying the interest on these debts, which is a huge waste of resources and money that could be going directly into important public services. By tackling these debts we will therefore reduce the debt interest charge on an annual basis

3. We must prepare for the next economic storm. Our history is lit­tered with global economic crises that go on to affect our economies and we must start to repay our debts and squirrel money away to weather any future economic storm. The classic judgment of Labour of overspending during the good times and over-borrowing allowed us to be very vulnerable when the 2008 economic crash swept the American and European economies.

We will also now ensure that there is a referendum of our mem­bership of the European Union. The prime minister has started re­negotiations and discussions with our key partners and allies. Those renegotiated terms will be made public at the very earliest opportu­nity so that the British people can digest them and assess whether it is in their interests for Britain to remain a member of the Euro­pean Union. We will then ensure a national debate of unparalleled significance in my lifetime and a decision in 2017 that I hope will one way or the other settle this issue for a generation.

Another major issue of great importance will be the scrapping of the Human Rights Act, replacing it with a British Bill of Rights. This will give fundamental protection of the rights of British citizens but to be administered and protected by the British judicial system rath­er than the current interference from foreign courts in Luxemburg and Brussels.

As a proud sovereign nation we respect the emphasis of common standards and practice across the European Union. We feel very strongly when it comes to matters of justice that our own courts and our Supreme Court must have final jurisdiction rather than those deci­sions being taken by foreign judges with very little accountability to the British electorate.

A great deal of information will start to appear over the coming months about the establishment of a British Bill of Rights and I look forward to seeing confidence being restored as a result of this recali­bration of judicial responsibility and accountability.

We are a strong nation because we are united but a significant number of Scottish National Party Members of Parliament have been elected from Scotland. It is important we continue with con­stitutional reforms to ensure that Scotland receives further fiscal and legislative autonomy while guard­ing the wishes of their people to remain within the United King­dom.

It is also our intention to pursue a strong policy on defence with a commitment to renew our in­dependent nuclear capacity with the construction of four trident nuclear submarines. As one of only five permanent members of the UN Security Council, we have a duty and responsibility to invest in strong conventional forces as well as an independent nuclear deterrent.

I anticipate the prime minister promoting ever closer relations with Egypt and through changes at UKTI [UK Trade and Investment] a greater emphasis on increas­ing bilateral trade with our very important Arab ally.

Personally I am very keen to promote economic links between Egypt and our important county of Shropshire. For any readers seeking to invest in the UK or find Shropshire partners please contact me on